FREDRIKSTAD GOLFPARK AS

1632 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

9,23 %

Current Ratio

1,24

Debt-to-Equity Ratio

−2,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 394 000	6 277 000	2 987 000	2 574 000
Net Income	−1 184 000	−377 000	253 000	−540 000
Total Assets	26 232 000	25 270 000	25 439 000	25 320 000
Total Equity	−12 834 000	−11 650 000	−11 273 000	−11 525 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 394 000	6 277 000	2 987 000	2 574 000
Expenditure	4 351 000	5 630 000	1 664 000	1 925 000
Operating Profit	43 000	647 000	1 323 000	649 000
Financial Income	0	0	0	1 000
Financial Costs	1 226 000	1 024 000	1 070 000	1 189 000
Financial Balance	−1 226 000	−1 024 000	−1 070 000	−1 188 000
Earnings Before Tax	−1 184 000	−377 000	253 000	−540 000
Tax	0	0	0	0
Net Income	−1 184 000	−377 000	253 000	−540 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 588 000	22 271 000	23 004 000	23 790 000
Total Current Assets	4 644 000	2 999 000	2 434 000	1 529 000
Total Assets	26 232 000	25 270 000	25 439 000	25 320 000
Total Retained Equity	−12 934 000	−11 750 000	−11 373 000	−11 625 000
Total Equity	−12 834 000	−11 650 000	−11 273 000	−11 525 000
Total Long-Term Debt	35 305 000	35 798 000	36 290 000	36 779 000
Total Current Debt	3 760 000	1 122 000	422 000	66 000
Total Equity and Debt	26 232 000	25 270 000	25 439 000	25 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	634 000	334 000	472 000
Other Income	4 394 000	5 643 000	2 653 000	2 102 000
Revenue	4 394 000	6 277 000	2 987 000	2 574 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	800 000	789 000	786 000	786 000
Impairment	0	0	0	0
Expenditure	4 351 000	5 630 000	1 664 000	1 925 000
Operating Profit	43 000	647 000	1 323 000	649 000
Financial Income	0	0	0	1 000
Financial Costs	1 226 000	1 024 000	1 070 000	1 189 000
Financial Balance	−1 226 000	−1 024 000	−1 070 000	−1 188 000
Dividends	0	0	0	0
Net Income	−1 184 000	−377 000	253 000	−540 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 483 000	22 106 000	22 791 000	23 531 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	105 000	165 000	213 000	259 000
Total Tangible Assets	21 588 000	22 271 000	23 004 000	23 790 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 588 000	22 271 000	23 004 000	23 790 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 170 000	2 281 000	1 918 000	1 307 000
Total Current Assets	4 644 000	2 999 000	2 434 000	1 529 000
Total Assets	26 232 000	25 270 000	25 439 000	25 320 000
Total Equity	−12 834 000	−11 650 000	−11 273 000	−11 525 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 305 000	35 798 000	36 290 000	36 779 000
Creditors	2 417 000	200 000	0	0
Unpaid Taxes	0	510 000	384 000	0
Dividends	0	0	0	0
Other Current Debt	1 343 000	412 000	38 000	66 000
Total Current Debt	3 760 000	1 122 000	422 000	66 000
Total Equity and Debt	26 232 000	25 270 000	25 439 000	25 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,23 %	3,24 %	−2,24 %	4,69 %
Debt-to-Equity Ratio	−2,75	−3,07	−3,22	−3,19
Operating Profit Margin	0,98 %	10,31 %	44,29 %	25,21 %
Current Ratio	1,24	2,67	5,77	23,17
Quick Ratio	1,24	2,67	5,77	23,17
Equity Ratio	−0,49	−0,46	−0,44	−0,46
Gross Profit Margin	100 %	100 %	100 %	100 %