ÅGE FRØYSE AS

1455 NORDRE FROGN

Finances

Share Ownership

Return on Equity

7,31 %

Current Ratio

4,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 144 000	947 000	892 000	1 205 000
Net Income	74 000	60 000	232 000	360 000
Total Assets	1 236 000	1 098 000	979 000	1 560 000
Total Equity	1 012 000	938 000	878 000	1 146 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 144 000	947 000	892 000	1 205 000
Expenditure	1 031 000	865 000	598 000	746 000
Operating Profit	112 000	81 000	294 000	460 000
Financial Income	2 000	2 000	4 000	2 000
Financial Costs	0	0	1 000	0
Financial Balance	2 000	2 000	3 000	2 000
Earnings Before Tax	115 000	83 000	297 000	462 000
Tax	41 000	23 000	65 000	102 000
Net Income	74 000	60 000	232 000	360 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	318 000	481 000	540 000	299 000
Total Current Assets	918 000	617 000	439 000	1 261 000
Total Assets	1 236 000	1 098 000	979 000	1 560 000
Total Retained Equity	982 000	908 000	848 000	1 116 000
Total Equity	1 012 000	938 000	878 000	1 146 000
Total Long-Term Debt	0	0	3 000	4 000
Total Current Debt	224 000	160 000	98 000	410 000
Total Equity and Debt	1 236 000	1 098 000	979 000	1 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 144 000	947 000	892 000	1 205 000
Other Income	0	0	0	0
Revenue	1 144 000	947 000	892 000	1 205 000
Cost of Goods Sold	348 000	220 000	86 000	40 000
Salary Costs	171 000	220 000	6 000	231 000
Depreciation	163 000	151 000	137 000	66 000
Impairment	0	0	0	0
Expenditure	1 031 000	865 000	598 000	746 000
Operating Profit	112 000	81 000	294 000	460 000
Financial Income	2 000	2 000	4 000	2 000
Financial Costs	0	0	1 000	0
Financial Balance	2 000	2 000	3 000	2 000
Dividends	0	0	0	0
Net Income	74 000	60 000	232 000	360 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	274 000	406 000	464 000	244 000
Fixtures	43 000	75 000	77 000	55 000
Total Tangible Assets	318 000	481 000	540 000	299 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	318 000	481 000	540 000	299 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	433 000	606 000	383 000	1 261 000
Total Current Assets	918 000	617 000	439 000	1 261 000
Total Assets	1 236 000	1 098 000	979 000	1 560 000
Total Equity	1 012 000	938 000	878 000	1 146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	4 000
Creditors	6 000	24 000	32 000	20 000
Unpaid Taxes	160 000	87 000	0	265 000
Dividends	0	0	0	0
Other Current Debt	18 000	23 000	0	25 000
Total Current Debt	224 000	160 000	98 000	410 000
Total Equity and Debt	1 236 000	1 098 000	979 000	1 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,31 %	6,4 %	26,42 %	31,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,79 %	8,55 %	32,96 %	38,17 %
Current Ratio	4,1	3,86	4,48	3,08
Quick Ratio	4,1	3,86	4,48	3,08
Equity Ratio	0,82	0,85	0,9	0,73
Gross Profit Margin	69,58 %	76,77 %	90,36 %	96,68 %