FRITZØE ENERGI AS

3264 LARVIK

Finances

Share Ownership

Return on Equity

47 %

Current Ratio

1,99

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 554 000	10 890 000	7 043 000	9 150 000
Net Income	5 961 000	4 361 000	3 064 000	4 093 000
Total Assets	42 621 000	21 096 000	9 425 000	10 791 000
Total Equity	12 683 000	5 206 000	5 050 000	5 010 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 554 000	10 890 000	7 043 000	9 150 000
Expenditure	7 685 000	5 273 000	3 116 000	3 880 000
Operating Profit	7 869 000	5 617 000	3 927 000	5 270 000
Financial Income	82 000	1 000	7 000	2 000
Financial Costs	309 000	28 000	7 000	24 000
Financial Balance	−227 000	−27 000	0	−22 000
Earnings Before Tax	7 642 000	5 590 000	3 928 000	5 248 000
Tax	1 681 000	1 230 000	864 000	1 155 000
Net Income	5 961 000	4 361 000	3 064 000	4 093 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 615 000	18 143 000	7 733 000	7 944 000
Total Current Assets	20 006 000	2 953 000	1 692 000	2 847 000
Total Assets	42 621 000	21 096 000	9 425 000	10 791 000
Total Retained Equity	7 929 000	451 000	295 000	255 000
Total Equity	12 683 000	5 206 000	5 050 000	5 010 000
Total Long-Term Debt	19 867 000	0	0	0
Total Current Debt	10 071 000	15 890 000	4 376 000	5 781 000
Total Equity and Debt	42 621 000	21 096 000	9 425 000	10 791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 554 000	10 890 000	7 043 000	9 150 000
Other Income	0	0	0	0
Revenue	15 554 000	10 890 000	7 043 000	9 150 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	897 000	682 000	705 000	569 000
Impairment	0	0	0	0
Expenditure	7 685 000	5 273 000	3 116 000	3 880 000
Operating Profit	7 869 000	5 617 000	3 927 000	5 270 000
Financial Income	82 000	1 000	7 000	2 000
Financial Costs	309 000	28 000	7 000	24 000
Financial Balance	−227 000	−27 000	0	−22 000
Dividends	0	0	0	0
Net Income	5 961 000	4 361 000	3 064 000	4 093 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 875 000	479 000	524 000	535 000
Real Eastate	18 811 000	16 554 000	5 919 000	5 926 000
Machinery and Plant Facilities	0	0	1 291 000	0
Fixtures	929 000	1 109 000	0	1 483 000
Total Tangible Assets	19 740 000	17 663 000	7 210 000	7 409 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 615 000	18 143 000	7 733 000	7 944 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	20 006 000	2 953 000	1 692 000	2 847 000
Total Assets	42 621 000	21 096 000	9 425 000	10 791 000
Total Equity	12 683 000	5 206 000	5 050 000	5 010 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 867 000	0	0	0
Creditors	950 000	2 375 000	126 000	287 000
Unpaid Taxes	899 000	114 000	260 000	358 000
Dividends	0	0	0	0
Other Current Debt	8 223 000	13 400 000	3 989 000	5 136 000
Total Current Debt	10 071 000	15 890 000	4 376 000	5 781 000
Total Equity and Debt	42 621 000	21 096 000	9 425 000	10 791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47 %	83,77 %	60,67 %	81,7 %
Debt-to-Equity Ratio	1,57	0	0	0
Operating Profit Margin	50,59 %	51,58 %	55,76 %	57,6 %
Current Ratio	1,99	0,19	0,39	0,49
Quick Ratio	1,99	0,19	0,39	0,49
Equity Ratio	0,3	0,25	0,54	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %