FRÆNAVEIEN 126 AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

17,47 %

Current Ratio

1,38

Debt-to-Equity Ratio

9,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	900 000	900 000	919 000	914 000
Net Income	141 000	68 000	131 000	70 000
Total Assets	8 542 000	8 979 000	9 353 000	9 839 000
Total Equity	807 000	666 000	598 000	467 000

Income (NOK)	2022	2021	2020	2019
Revenue	900 000	900 000	919 000	914 000
Expenditure	439 000	621 000	485 000	486 000
Operating Profit	461 000	279 000	434 000	428 000
Financial Income	3 000	0	0	3 000
Financial Costs	283 000	193 000	266 000	341 000
Financial Balance	−280 000	−193 000	−266 000	−338 000
Earnings Before Tax	181 000	87 000	168 000	90 000
Tax	40 000	19 000	37 000	20 000
Net Income	141 000	68 000	131 000	70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 159 000	8 567 000	8 975 000	9 383 000
Total Current Assets	383 000	412 000	378 000	456 000
Total Assets	8 542 000	8 979 000	9 353 000	9 839 000
Total Retained Equity	697 000	556 000	488 000	357 000
Total Equity	807 000	666 000	598 000	467 000
Total Long-Term Debt	7 457 000	7 912 000	8 418 000	8 566 000
Total Current Debt	278 000	401 000	336 000	806 000
Total Equity and Debt	8 542 000	8 979 000	9 353 000	9 839 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	900 000	900 000	919 000	914 000
Revenue	900 000	900 000	919 000	914 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	408 000	408 000	408 000	408 000
Impairment	0	0	0	0
Expenditure	439 000	621 000	485 000	486 000
Operating Profit	461 000	279 000	434 000	428 000
Financial Income	3 000	0	0	3 000
Financial Costs	283 000	193 000	266 000	341 000
Financial Balance	−280 000	−193 000	−266 000	−338 000
Dividends	0	0	0	0
Net Income	141 000	68 000	131 000	70 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 159 000	8 567 000	8 975 000	9 383 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 159 000	8 567 000	8 975 000	9 383 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 159 000	8 567 000	8 975 000	9 383 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	368 000	398 000	365 000	439 000
Total Current Assets	383 000	412 000	378 000	456 000
Total Assets	8 542 000	8 979 000	9 353 000	9 839 000
Total Equity	807 000	666 000	598 000	467 000
Short-Term Group Debt	200 000	200 000	200 000	0
Total Long-Term Debt	7 457 000	7 912 000	8 418 000	8 566 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 000	162 000	85 000	777 000
Total Current Debt	278 000	401 000	336 000	806 000
Total Equity and Debt	8 542 000	8 979 000	9 353 000	9 839 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,47 %	10,21 %	21,91 %	14,99 %
Debt-to-Equity Ratio	9,24	11,88	14,08	18,34
Operating Profit Margin	51,22 %	31 %	47,23 %	46,83 %
Current Ratio	1,38	1,03	1,13	0,57
Quick Ratio	1,38	1,03	1,13	0,57
Equity Ratio	0,09	0,07	0,06	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %