FRODE KJØSNES AS

6809 FØRDE

Finances

Return on Equity

−5,86 %

Current Ratio

1,8

Debt-to-Equity Ratio

1,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	142 863 000	0	0	0
Net Income	−856 000	4 443 000	−33 000	−31 000
Total Assets	57 430 000	6 506 000	5 189 000	2 510 000
Total Equity	14 604 000	5 914 000	1 471 000	1 503 000

Income (NOK)	2022	2021	2020	2019
Revenue	142 863 000	0	0	0
Expenditure	141 857 000	20 000	12 000	12 000
Operating Profit	1 006 000	−20 000	−12 000	−12 000
Financial Income	468 000	4 520 000	1 000	0
Financial Costs	2 555 000	57 000	21 000	20 000
Financial Balance	−2 087 000	4 463 000	−20 000	−20 000
Earnings Before Tax	−1 082 000	4 443 000	−33 000	−31 000
Tax	−225 000	0	0	0
Net Income	−856 000	4 443 000	−33 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 715 000	4 196 000	5 185 000	2 478 000
Total Current Assets	46 715 000	2 310 000	4 000	33 000
Total Assets	57 430 000	6 506 000	5 189 000	2 510 000
Total Retained Equity	8 743 000	5 514 000	1 071 000	1 103 000
Total Equity	14 604 000	5 914 000	1 471 000	1 503 000
Total Long-Term Debt	16 809 000	0	1 334 000	363 000
Total Current Debt	26 017 000	592 000	2 384 000	644 000
Total Equity and Debt	57 430 000	6 506 000	5 189 000	2 510 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	142 715 000	0	0	0
Other Income	149 000	0	0	0
Revenue	142 863 000	0	0	0
Cost of Goods Sold	115 948 000	0	0	0
Salary Costs	13 036 000	0	0	0
Depreciation	2 773 000	0	0	0
Impairment	0	0	0	0
Expenditure	141 857 000	20 000	12 000	12 000
Operating Profit	1 006 000	−20 000	−12 000	−12 000
Financial Income	468 000	4 520 000	1 000	0
Financial Costs	2 555 000	57 000	21 000	20 000
Financial Balance	−2 087 000	4 463 000	−20 000	−20 000
Dividends	0	0	0	0
Net Income	−856 000	4 443 000	−33 000	−31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	83 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	7 126 000	0	0	0
Fixtures	3 506 000	0	0	0
Total Tangible Assets	10 632 000	0	0	0
Total Fiancial Fixed Assets	0	4 196 000	5 185 000	2 478 000
Total Fixed Assets	10 715 000	4 196 000	5 185 000	2 478 000
Stock	55 303 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 249 000	1 870 000	2 000	30 000
Total Current Assets	46 715 000	2 310 000	4 000	33 000
Total Assets	57 430 000	6 506 000	5 189 000	2 510 000
Total Equity	14 604 000	5 914 000	1 471 000	1 503 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 809 000	0	1 334 000	363 000
Creditors	16 783 000	20 000	0	0
Unpaid Taxes	6 909 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 326 000	572 000	2 384 000	644 000
Total Current Debt	26 017 000	592 000	2 384 000	644 000
Total Equity and Debt	57 430 000	6 506 000	5 189 000	2 510 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,86 %	75,13 %	−2,24 %	−2,06 %
Debt-to-Equity Ratio	1,15	0	0,91	0,24
Operating Profit Margin	0,7 %	-	-	-
Current Ratio	1,8	3,9	0	0,05
Quick Ratio	−1,6	3,9	0	0,05
Equity Ratio	0,25	0,91	0,28	0,6
Gross Profit Margin	18,84 %	-	-	-