FRECA AS

1615 FREDRIKSTAD

Finances

Return on Equity

262,33 %

Current Ratio

4,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	30 000
Net Income	1 170 000	2 310 000	−7 000	488 000
Total Assets	463 000	432 000	2 188 000	2 196 000
Total Equity	446 000	426 000	2 172 000	2 179 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	30 000
Expenditure	30 000	116 000	8 000	123 000
Operating Profit	−30 000	−116 000	−8 000	−93 000
Financial Income	1 200 000	2 425 000	0	583 000
Financial Costs	0	0	0	0
Financial Balance	1 200 000	2 425 000	0	583 000
Earnings Before Tax	1 170 000	2 310 000	−8 000	490 000
Tax	0	0	−1 000	1 000
Net Income	1 170 000	2 310 000	−7 000	488 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	381 000	381 000	2 111 000	2 111 000
Total Current Assets	83 000	51 000	77 000	85 000
Total Assets	463 000	432 000	2 188 000	2 196 000
Total Retained Equity	416 000	396 000	2 142 000	2 149 000
Total Equity	446 000	426 000	2 172 000	2 179 000
Total Long-Term Debt	0	0	16 000	16 000
Total Current Debt	17 000	6 000	0	1 000
Total Equity and Debt	463 000	432 000	2 188 000	2 196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	30 000
Other Income	0	0	0	0
Revenue	0	0	0	30 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 000	116 000	8 000	123 000
Operating Profit	−30 000	−116 000	−8 000	−93 000
Financial Income	1 200 000	2 425 000	0	583 000
Financial Costs	0	0	0	0
Financial Balance	1 200 000	2 425 000	0	583 000
Dividends	0	2 356 000	0	0
Net Income	1 170 000	2 310 000	−7 000	488 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	381 000	381 000	2 111 000	2 111 000
Total Fixed Assets	381 000	381 000	2 111 000	2 111 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	83 000	51 000	75 000	55 000
Total Current Assets	83 000	51 000	77 000	85 000
Total Assets	463 000	432 000	2 188 000	2 196 000
Total Equity	446 000	426 000	2 172 000	2 179 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	16 000	16 000
Creditors	2 000	6 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	2 356 000	0	0
Other Current Debt	15 000	0	0	0
Total Current Debt	17 000	6 000	0	1 000
Total Equity and Debt	463 000	432 000	2 188 000	2 196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	262,33 %	542,25 %	−0,32 %	22,4 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	-	-	-	−310 %
Current Ratio	4,88	8,5	-	85
Quick Ratio	4,88	8,5	-	85
Equity Ratio	0,96	0,99	0,99	0,99
Gross Profit Margin	-	-	-	100 %