FREKI AS

3330 SKOTSELV

Finances

Return on Equity

31,26 %

Current Ratio

1,95

Debt-to-Equity Ratio

−2,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 000	239 000	1 064 000	1 301 000
Net Income	−156 000	−267 000	−41 000	−208 000
Total Assets	1 100 000	1 239 000	1 684 000	1 507 000
Total Equity	−499 000	−344 000	−76 000	−35 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 000	239 000	1 064 000	1 301 000
Expenditure	114 000	438 000	1 049 000	1 456 000
Operating Profit	−98 000	−199 000	14 000	−155 000
Financial Income	−20 000	−33 000	3 000	2 000
Financial Costs	38 000	36 000	58 000	55 000
Financial Balance	−58 000	−69 000	−55 000	−53 000
Earnings Before Tax	−156 000	−267 000	−41 000	−208 000
Tax	0	0	0	0
Net Income	−156 000	−267 000	−41 000	−208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	85 000	119 000	145 000
Total Current Assets	1 061 000	1 154 000	1 564 000	1 363 000
Total Assets	1 100 000	1 239 000	1 684 000	1 507 000
Total Retained Equity	−1 019 000	−864 000	−596 000	−555 000
Total Equity	−499 000	−344 000	−76 000	−35 000
Total Long-Term Debt	1 056 000	1 147 000	283 000	359 000
Total Current Debt	543 000	435 000	1 476 000	1 183 000
Total Equity and Debt	1 100 000	1 239 000	1 684 000	1 507 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 000	239 000	1 064 000	1 301 000
Other Income	0	0	0	0
Revenue	15 000	239 000	1 064 000	1 301 000
Cost of Goods Sold	17 000	5 000	15 000	46 000
Salary Costs	−9 000	155 000	666 000	459 000
Depreciation	25 000	0	25 000	35 000
Impairment	0	0	0	0
Expenditure	114 000	438 000	1 049 000	1 456 000
Operating Profit	−98 000	−199 000	14 000	−155 000
Financial Income	−20 000	−33 000	3 000	2 000
Financial Costs	38 000	36 000	58 000	55 000
Financial Balance	−58 000	−69 000	−55 000	−53 000
Dividends	0	0	0	0
Net Income	−156 000	−267 000	−41 000	−208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	37 000	37 000	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	25 000	25 000	50 000
Total Tangible Assets	12 000	25 000	25 000	50 000
Total Fiancial Fixed Assets	3 000	23 000	58 000	58 000
Total Fixed Assets	40 000	85 000	119 000	145 000
Stock	11 000	29 000	29 000	29 000
Total Investments	0	0	0	0
Cash, Bank	0	−155 000	5 000	3 000
Total Current Assets	1 061 000	1 154 000	1 564 000	1 363 000
Total Assets	1 100 000	1 239 000	1 684 000	1 507 000
Total Equity	−499 000	−344 000	−76 000	−35 000
Short-Term Group Debt	110 000	8 000	139 000	0
Total Long-Term Debt	1 056 000	1 147 000	283 000	359 000
Creditors	216 000	232 000	252 000	269 000
Unpaid Taxes	51 000	188 000	235 000	101 000
Dividends	0	0	0	0
Other Current Debt	17 000	8 000	696 000	663 000
Total Current Debt	543 000	435 000	1 476 000	1 183 000
Total Equity and Debt	1 100 000	1 239 000	1 684 000	1 507 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,26 %	77,62 %	53,95 %	594,29 %
Debt-to-Equity Ratio	−2,12	−3,33	−3,72	−10,26
Operating Profit Margin	−653,33 %	−83,26 %	1,32 %	−11,91 %
Current Ratio	1,95	2,65	1,06	1,15
Quick Ratio	1,99	2,84	1,08	1,18
Equity Ratio	−0,45	−0,28	−0,05	−0,02
Gross Profit Margin	−13,33 %	97,91 %	98,59 %	96,46 %