FRODE HALBERG AS

2407 ELVERUM

Finances

Share Ownership

Return on Equity

12,74 %

Current Ratio

1,4

Debt-to-Equity Ratio

2,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 778 000	6 834 000	7 040 000	8 026 000
Net Income	98 000	−227 000	−456 000	25 000
Total Assets	4 143 000	3 660 000	4 649 000	5 875 000
Total Equity	769 000	671 000	899 000	1 355 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 778 000	6 834 000	7 040 000	8 026 000
Expenditure	9 522 000	7 052 000	7 515 000	7 815 000
Operating Profit	256 000	−217 000	−475 000	210 000
Financial Income	0	0	0	4 000
Financial Costs	105 000	95 000	110 000	165 000
Financial Balance	−105 000	−95 000	−110 000	−161 000
Earnings Before Tax	151 000	−312 000	−585 000	49 000
Tax	53 000	−85 000	−129 000	24 000
Net Income	98 000	−227 000	−456 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 006 000	2 117 000	3 093 000	4 327 000
Total Current Assets	2 137 000	1 543 000	1 555 000	1 548 000
Total Assets	4 143 000	3 660 000	4 649 000	5 875 000
Total Retained Equity	619 000	521 000	749 000	1 205 000
Total Equity	769 000	671 000	899 000	1 355 000
Total Long-Term Debt	1 845 000	1 872 000	2 461 000	3 276 000
Total Current Debt	1 529 000	1 116 000	1 288 000	1 244 000
Total Equity and Debt	4 143 000	3 660 000	4 649 000	5 875 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 012 000	6 200 000	6 383 000	7 549 000
Other Income	766 000	634 000	657 000	476 000
Revenue	9 778 000	6 834 000	7 040 000	8 026 000
Cost of Goods Sold	1 152 000	983 000	1 436 000	630 000
Salary Costs	2 649 000	2 172 000	1 850 000	2 357 000
Depreciation	572 000	287 000	306 000	459 000
Impairment	0	0	0	0
Expenditure	9 522 000	7 052 000	7 515 000	7 815 000
Operating Profit	256 000	−217 000	−475 000	210 000
Financial Income	0	0	0	4 000
Financial Costs	105 000	95 000	110 000	165 000
Financial Balance	−105 000	−95 000	−110 000	−161 000
Dividends	0	0	0	0
Net Income	98 000	−227 000	−456 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	411 000	411 000	411 000
Machinery and Plant Facilities	0	0	519 000	1 552 000
Fixtures	2 006 000	1 693 000	1 435 000	1 614 000
Total Tangible Assets	2 006 000	2 103 000	2 365 000	3 576 000
Total Fiancial Fixed Assets	0	14 000	729 000	751 000
Total Fixed Assets	2 006 000	2 117 000	3 093 000	4 327 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	273 000	230 000	349 000	706 000
Total Current Assets	2 137 000	1 543 000	1 555 000	1 548 000
Total Assets	4 143 000	3 660 000	4 649 000	5 875 000
Total Equity	769 000	671 000	899 000	1 355 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 845 000	1 872 000	2 461 000	3 276 000
Creditors	430 000	278 000	684 000	565 000
Unpaid Taxes	413 000	206 000	277 000	211 000
Dividends	0	0	0	0
Other Current Debt	685 000	632 000	327 000	468 000
Total Current Debt	1 529 000	1 116 000	1 288 000	1 244 000
Total Equity and Debt	4 143 000	3 660 000	4 649 000	5 875 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,74 %	−33,83 %	−50,72 %	1,85 %
Debt-to-Equity Ratio	2,4	2,79	2,74	2,42
Operating Profit Margin	2,62 %	−3,18 %	−6,75 %	2,62 %
Current Ratio	1,4	1,38	1,21	1,24
Quick Ratio	1,4	1,38	1,21	1,24
Equity Ratio	0,19	0,18	0,19	0,23
Gross Profit Margin	88,22 %	85,62 %	79,6 %	92,15 %