FROST KRAFTENTREPRENØR AS

8012 BODØ

Finances

Share Ownership

Return on Equity

−103,6 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	293 680 000	308 132 000	387 606 000	430 693 000
Net Income	−31 832 000	−24 039 000	7 356 000	7 853 000
Total Assets	148 177 000	149 549 000	197 471 000	212 406 000
Total Equity	30 725 000	62 557 000	83 153 000	125 797 000

Income (NOK)	2022	2021	2020	2019
Revenue	293 680 000	308 132 000	387 606 000	430 693 000
Expenditure	328 909 000	337 867 000	377 306 000	419 542 000
Operating Profit	−35 230 000	−29 734 000	10 300 000	11 151 000
Financial Income	97 000	52 000	138 000	133 000
Financial Costs	1 241 000	189 000	101 000	253 000
Financial Balance	−1 144 000	−137 000	37 000	−120 000
Earnings Before Tax	−36 374 000	−29 870 000	10 338 000	11 031 000
Tax	−4 541 000	−5 831 000	2 981 000	3 178 000
Net Income	−31 832 000	−24 039 000	7 356 000	7 853 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 203 000	44 872 000	46 960 000	48 345 000
Total Current Assets	115 974 000	104 677 000	150 512 000	164 061 000
Total Assets	148 177 000	149 549 000	197 471 000	212 406 000
Total Retained Equity	0	26 770 000	47 365 000	57 014 000
Total Equity	30 725 000	62 557 000	83 153 000	125 797 000
Total Long-Term Debt	0	1 738 000	1 135 000	6 218 000
Total Current Debt	117 452 000	85 254 000	113 184 000	80 391 000
Total Equity and Debt	148 177 000	149 549 000	197 471 000	212 406 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	276 569 000	308 004 000	383 910 000	428 095 000
Other Income	17 111 000	129 000	3 696 000	2 598 000
Revenue	293 680 000	308 132 000	387 606 000	430 693 000
Cost of Goods Sold	104 254 000	105 711 000	149 444 000	187 044 000
Salary Costs	142 444 000	156 548 000	150 949 000	150 455 000
Depreciation	8 771 000	9 716 000	10 518 000	12 046 000
Impairment	12 433 000	0	0	0
Expenditure	328 909 000	337 867 000	377 306 000	419 542 000
Operating Profit	−35 230 000	−29 734 000	10 300 000	11 151 000
Financial Income	97 000	52 000	138 000	133 000
Financial Costs	1 241 000	189 000	101 000	253 000
Financial Balance	−1 144 000	−137 000	37 000	−120 000
Dividends	0	0	50 000 000	0
Net Income	−31 832 000	−24 039 000	7 356 000	7 853 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	15 542 000	18 688 000	21 835 000
Total Intangible Assets	9 801 000	21 109 000	20 793 000	26 049 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 428 000	14 322 000	17 002 000	17 299 000
Fixtures	8 225 000	3 765 000	4 255 000	3 735 000
Total Tangible Assets	13 652 000	18 087 000	21 257 000	21 034 000
Total Fiancial Fixed Assets	8 749 000	5 676 000	4 910 000	1 262 000
Total Fixed Assets	32 203 000	44 872 000	46 960 000	48 345 000
Stock	1 771 000	906 000	1 163 000	1 139 000
Total Investments	0	0	0	0
Cash, Bank	127 000	77 000	21 404 000	13 373 000
Total Current Assets	115 974 000	104 677 000	150 512 000	164 061 000
Total Assets	148 177 000	149 549 000	197 471 000	212 406 000
Total Equity	30 725 000	62 557 000	83 153 000	125 797 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 738 000	1 135 000	6 218 000
Creditors	10 430 000	14 949 000	21 467 000	39 725 000
Unpaid Taxes	35 851 000	19 164 000	17 577 000	10 824 000
Dividends	0	0	50 000 000	0
Other Current Debt	30 080 000	23 108 000	24 139 000	28 090 000
Total Current Debt	117 452 000	85 254 000	113 184 000	80 391 000
Total Equity and Debt	148 177 000	149 549 000	197 471 000	212 406 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−103,6 %	−38,43 %	8,85 %	6,24 %
Debt-to-Equity Ratio	0	0,03	0,01	0,05
Operating Profit Margin	−12 %	−9,65 %	2,66 %	2,59 %
Current Ratio	0,99	1,23	1,33	2,04
Quick Ratio	1	1,24	1,34	2,07
Equity Ratio	0,21	0,42	0,42	0,59
Gross Profit Margin	64,5 %	65,69 %	61,44 %	56,57 %