FRITS RAIL AS

8159 STØTT

Finances

Share Ownership

Return on Equity

−26,97 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	560 000	1 517 000	1 476 000	524 000
Net Income	−294 000	98 000	113 000	183 000
Total Assets	1 466 000	2 006 000	1 073 000	1 083 000
Total Equity	1 090 000	1 384 000	327 000	213 000

Income (NOK)	2022	2021	2020	2019
Revenue	560 000	1 517 000	1 476 000	524 000
Expenditure	872 000	1 381 000	1 300 000	286 000
Operating Profit	−312 000	136 000	176 000	238 000
Financial Income	0	0	0	0
Financial Costs	3 000	11 000	30 000	3 000
Financial Balance	−3 000	−11 000	−30 000	−3 000
Earnings Before Tax	−315 000	125 000	145 000	235 000
Tax	−21 000	28 000	32 000	52 000
Net Income	−294 000	98 000	113 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 025 000	1 053 000	624 000	779 000
Total Current Assets	441 000	954 000	450 000	303 000
Total Assets	1 466 000	2 006 000	1 073 000	1 083 000
Total Retained Equity	100 000	394 000	297 000	183 000
Total Equity	1 090 000	1 384 000	327 000	213 000
Total Long-Term Debt	0	19 000	586 000	671 000
Total Current Debt	376 000	603 000	161 000	198 000
Total Equity and Debt	1 466 000	2 006 000	1 073 000	1 083 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	560 000	1 468 000	1 476 000	524 000
Other Income	0	48 000	0	0
Revenue	560 000	1 517 000	1 476 000	524 000
Cost of Goods Sold	0	0	372 000	0
Salary Costs	504 000	994 000	351 000	152 000
Depreciation	29 000	75 000	156 000	27 000
Impairment	0	0	0	0
Expenditure	872 000	1 381 000	1 300 000	286 000
Operating Profit	−312 000	136 000	176 000	238 000
Financial Income	0	0	0	0
Financial Costs	3 000	11 000	30 000	3 000
Financial Balance	−3 000	−11 000	−30 000	−3 000
Dividends	0	0	0	0
Net Income	−294 000	98 000	113 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	988 000	1 008 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	44 000	624 000	779 000
Total Tangible Assets	1 024 000	1 053 000	624 000	779 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 025 000	1 053 000	624 000	779 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	67 000	580 000	69 000	271 000
Total Current Assets	441 000	954 000	450 000	303 000
Total Assets	1 466 000	2 006 000	1 073 000	1 083 000
Total Equity	1 090 000	1 384 000	327 000	213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	19 000	586 000	671 000
Creditors	59 000	8 000	8 000	15 000
Unpaid Taxes	−5 000	144 000	13 000	139 000
Dividends	0	0	0	0
Other Current Debt	321 000	419 000	103 000	21 000
Total Current Debt	376 000	603 000	161 000	198 000
Total Equity and Debt	1 466 000	2 006 000	1 073 000	1 083 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,97 %	7,08 %	34,56 %	85,92 %
Debt-to-Equity Ratio	0	0,01	1,79	3,15
Operating Profit Margin	−55,71 %	8,97 %	11,92 %	45,42 %
Current Ratio	1,17	1,58	2,8	1,53
Quick Ratio	1,17	1,58	2,8	1,53
Equity Ratio	0,74	0,69	0,3	0,2
Gross Profit Margin	100 %	100 %	74,8 %	100 %