FROLANDSHUS AS

4827 FROLANDS VERK

Finances

Share Ownership

Return on Equity

−25,44 %

Current Ratio

1,25

Debt-to-Equity Ratio

11,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	254 000	16 000	0	0
Net Income	−43 000	−220 000	−4 351 000	−413 000
Total Assets	5 893 000	5 801 000	5 834 000	9 683 000
Total Equity	169 000	212 000	432 000	−1 187 000

Income (NOK)	2022	2021	2020	2019
Revenue	254 000	16 000	0	0
Expenditure	128 000	83 000	4 159 000	64 000
Operating Profit	127 000	−66 000	−4 158 000	−64 000
Financial Income	0	0	0	0
Financial Costs	169 000	154 000	192 000	349 000
Financial Balance	−169 000	−154 000	−192 000	−349 000
Earnings Before Tax	−43 000	−220 000	−4 351 000	−413 000
Tax	0	0	0	0
Net Income	−43 000	−220 000	−4 351 000	−413 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 180 000	1 180 000	1 180 000	1 180 000
Total Current Assets	4 712 000	4 620 000	4 654 000	8 503 000
Total Assets	5 893 000	5 801 000	5 834 000	9 683 000
Total Retained Equity	−5 831 000	−5 788 000	−5 568 000	−1 217 000
Total Equity	169 000	212 000	432 000	−1 187 000
Total Long-Term Debt	1 952 000	1 813 000	1 513 000	6 979 000
Total Current Debt	3 771 000	3 776 000	3 889 000	3 891 000
Total Equity and Debt	5 893 000	5 801 000	5 834 000	9 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	254 000	16 000	0	0
Revenue	254 000	16 000	0	0
Cost of Goods Sold	0	0	4 056 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	128 000	83 000	4 159 000	64 000
Operating Profit	127 000	−66 000	−4 158 000	−64 000
Financial Income	0	0	0	0
Financial Costs	169 000	154 000	192 000	349 000
Financial Balance	−169 000	−154 000	−192 000	−349 000
Dividends	0	0	0	0
Net Income	−43 000	−220 000	−4 351 000	−413 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 180 000	1 180 000	1 180 000	1 180 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 180 000	1 180 000	1 180 000	1 180 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 180 000	1 180 000	1 180 000	1 180 000
Stock	4 584 000	4 584 000	4 620 000	8 464 000
Total Investments	0	0	0	0
Cash, Bank	2 000	7 000	4 000	14 000
Total Current Assets	4 712 000	4 620 000	4 654 000	8 503 000
Total Assets	5 893 000	5 801 000	5 834 000	9 683 000
Total Equity	169 000	212 000	432 000	−1 187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 952 000	1 813 000	1 513 000	6 979 000
Creditors	15 000	0	123 000	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	175 000	188 000	178 000	297 000
Total Current Debt	3 771 000	3 776 000	3 889 000	3 891 000
Total Equity and Debt	5 893 000	5 801 000	5 834 000	9 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,44 %	−103,77 %	−1 007,18 %	34,79 %
Debt-to-Equity Ratio	11,55	8,55	3,5	−5,88
Operating Profit Margin	50 %	−412,5 %	-	-
Current Ratio	1,25	1,22	1,2	2,19
Quick Ratio	−5,8	−5,72	−6,37	−1,86
Equity Ratio	0,03	0,04	0,07	−0,12
Gross Profit Margin	100 %	100 %	-	-