FREI HÅNDVERK AS

6520 FREI

Finances

Share Ownership

Return on Equity

−24,59 %

Current Ratio

345

Debt-to-Equity Ratio

1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	368 000	907 000	466 000	547 000
Net Income	−75 000	275 000	−31 000	40 000
Total Assets	765 000	953 000	794 000	169 000
Total Equity	305 000	379 000	104 000	135 000

Income (NOK)	2022	2021	2020	2019
Revenue	368 000	907 000	466 000	547 000
Expenditure	446 000	537 000	476 000	496 000
Operating Profit	−78 000	370 000	−10 000	51 000
Financial Income	0	0	0	0
Financial Costs	18 000	17 000	30 000	0
Financial Balance	−18 000	−17 000	−30 000	0
Earnings Before Tax	−96 000	353 000	−40 000	51 000
Tax	−21 000	78 000	−9 000	11 000
Net Income	−75 000	275 000	−31 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	420 000	489 000	568 000	44 000
Total Current Assets	345 000	464 000	225 000	125 000
Total Assets	765 000	953 000	794 000	169 000
Total Retained Equity	275 000	349 000	74 000	105 000
Total Equity	305 000	379 000	104 000	135 000
Total Long-Term Debt	460 000	622 000	650 000	3 000
Total Current Debt	1 000	−49 000	39 000	30 000
Total Equity and Debt	765 000	953 000	794 000	169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	368 000	907 000	466 000	547 000
Other Income	0	0	0	0
Revenue	368 000	907 000	466 000	547 000
Cost of Goods Sold	106 000	234 000	161 000	211 000
Salary Costs	0	0	0	85 000
Depreciation	69 000	79 000	76 000	17 000
Impairment	0	0	0	0
Expenditure	446 000	537 000	476 000	496 000
Operating Profit	−78 000	370 000	−10 000	51 000
Financial Income	0	0	0	0
Financial Costs	18 000	17 000	30 000	0
Financial Balance	−18 000	−17 000	−30 000	0
Dividends	0	0	0	0
Net Income	−75 000	275 000	−31 000	40 000

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	420 000	489 000	568 000	44 000
Total Tangible Assets	420 000	489 000	568 000	44 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	420 000	489 000	568 000	44 000
Stock	50 000	64 000	39 000	26 000
Total Investments	0	0	0	0
Cash, Bank	56 000	174 000	63 000	55 000
Total Current Assets	345 000	464 000	225 000	125 000
Total Assets	765 000	953 000	794 000	169 000
Total Equity	305 000	379 000	104 000	135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	460 000	622 000	650 000	3 000
Creditors	−4 000	16 000	21 000	3 000
Unpaid Taxes	4 000	0	1 000	8 000
Dividends	0	0	0	0
Other Current Debt	0	−130 000	17 000	8 000
Total Current Debt	1 000	−49 000	39 000	30 000
Total Equity and Debt	765 000	953 000	794 000	169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,59 %	72,56 %	−29,81 %	29,63 %
Debt-to-Equity Ratio	1,51	1,64	6,25	0,02
Operating Profit Margin	−21,2 %	40,79 %	−2,15 %	9,32 %
Current Ratio	345	−9,47	5,77	4,17
Quick Ratio	−7,04	−4,11	-	31,25
Equity Ratio	0,4	0,4	0,13	0,8
Gross Profit Margin	71,2 %	74,2 %	65,45 %	61,43 %