FREDHEIM BORETTSLAG

5015 BERGEN

Finances

Share Ownership

Return on Equity

−13,8 %

Current Ratio

1,58

Debt-to-Equity Ratio

−6,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 122 000	14 334 000	7 039 000	6 922 000
Net Income	1 245 000	2 272 000	2 410 000	2 174 000
Total Assets	53 638 000	39 057 000	39 659 000	39 067 000
Total Equity	−9 021 000	−10 265 000	−11 401 000	−13 811 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 122 000	14 334 000	7 039 000	6 922 000
Expenditure	4 979 000	10 383 000	3 739 000	4 068 000
Operating Profit	2 144 000	3 950 000	3 300 000	2 853 000
Financial Income	55 000	53 000	31 000	31 000
Financial Costs	955 000	1 731 000	921 000	710 000
Financial Balance	−900 000	−1 678 000	−890 000	−679 000
Earnings Before Tax	1 244 000	2 272 000	3 300 000	2 853 000
Tax	0	0	0	0
Net Income	1 245 000	2 272 000	2 410 000	2 174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 273 000	37 048 000	37 427 000	37 822 000
Total Current Assets	3 366 000	2 010 000	2 232 000	1 245 000
Total Assets	53 638 000	39 057 000	39 659 000	39 067 000
Total Retained Equity	−9 028 000	−10 273 000	−11 409 000	−13 819 000
Total Equity	−9 021 000	−10 265 000	−11 401 000	−13 811 000
Total Long-Term Debt	60 531 000	48 322 000	50 191 000	52 021 000
Total Current Debt	2 128 000	1 000 000	870 000	857 000
Total Equity and Debt	53 638 000	39 057 000	39 659 000	39 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 119 000	14 326 000	0	0
Other Income	4 000	7 000	7 039 000	6 922 000
Revenue	7 122 000	14 334 000	7 039 000	6 922 000
Cost of Goods Sold	0	0	0	0
Salary Costs	649 000	1 342 000	568 000	596 000
Depreciation	356 000	759 000	395 000	362 000
Impairment	0	0	0	0
Expenditure	4 979 000	10 383 000	3 739 000	4 068 000
Operating Profit	2 144 000	3 950 000	3 300 000	2 853 000
Financial Income	55 000	53 000	31 000	31 000
Financial Costs	955 000	1 731 000	921 000	710 000
Financial Balance	−900 000	−1 678 000	−890 000	−679 000
Dividends	0	0	0	0
Net Income	1 245 000	2 272 000	2 410 000	2 174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	49 285 000	35 705 000	35 705 000	35 705 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	987 000	1 343 000	1 722 000	2 117 000
Total Tangible Assets	50 273 000	37 048 000	37 427 000	37 822 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 273 000	37 048 000	37 427 000	37 822 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 005 000	3 308 000	1 895 000	917 000
Total Current Assets	3 366 000	2 010 000	2 232 000	1 245 000
Total Assets	53 638 000	39 057 000	39 659 000	39 067 000
Total Equity	−9 021 000	−10 265 000	−11 401 000	−13 811 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 531 000	48 322 000	50 191 000	52 021 000
Creditors	1 546 000	296 000	290 000	333 000
Unpaid Taxes	57 000	57 000	50 000	62 000
Dividends	0	0	0	0
Other Current Debt	524 000	648 000	530 000	462 000
Total Current Debt	2 128 000	1 000 000	870 000	857 000
Total Equity and Debt	53 638 000	39 057 000	39 659 000	39 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,8 %	−22,13 %	−21,14 %	−15,74 %
Debt-to-Equity Ratio	−6,71	−4,71	−4,4	−3,77
Operating Profit Margin	30,1 %	27,56 %	46,88 %	41,22 %
Current Ratio	1,58	2,01	2,57	1,45
Quick Ratio	1,58	2,01	2,57	1,45
Equity Ratio	−0,17	−0,26	−0,29	−0,35
Gross Profit Margin	100 %	100 %	100 %	100 %