FREDRIKSTAD ASSURANSE AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

31,28 %

Current Ratio

3,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 310 000	1 089 000	1 060 000	1 150 000
Net Income	183 000	93 000	19 000	13 000
Total Assets	817 000	595 000	506 000	476 000
Total Equity	585 000	402 000	309 000	290 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 310 000	1 089 000	1 060 000	1 150 000
Expenditure	1 079 000	970 000	1 035 000	1 134 000
Operating Profit	232 000	119 000	25 000	16 000
Financial Income	4 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	4 000	0	0	0
Earnings Before Tax	236 000	119 000	25 000	17 000
Tax	52 000	26 000	5 000	4 000
Net Income	183 000	93 000	19 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	18 000	26 000	0
Total Current Assets	807 000	577 000	481 000	476 000
Total Assets	817 000	595 000	506 000	476 000
Total Retained Equity	555 000	372 000	279 000	260 000
Total Equity	585 000	402 000	309 000	290 000
Total Long-Term Debt	0	0	3 000	4 000
Total Current Debt	232 000	193 000	194 000	183 000
Total Equity and Debt	817 000	595 000	506 000	476 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 310 000	0	0	0
Other Income	0	1 089 000	1 060 000	1 150 000
Revenue	1 310 000	1 089 000	1 060 000	1 150 000
Cost of Goods Sold	0	0	0	0
Salary Costs	912 000	847 000	858 000	958 000
Depreciation	8 000	8 000	11 000	0
Impairment	0	0	0	0
Expenditure	1 079 000	970 000	1 035 000	1 134 000
Operating Profit	232 000	119 000	25 000	16 000
Financial Income	4 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	4 000	0	0	0
Dividends	0	0	0	0
Net Income	183 000	93 000	19 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	18 000	26 000	0
Total Tangible Assets	10 000	18 000	26 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	18 000	26 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	807 000	577 000	481 000	476 000
Total Current Assets	807 000	577 000	481 000	476 000
Total Assets	817 000	595 000	506 000	476 000
Total Equity	585 000	402 000	309 000	290 000
Short-Term Group Debt	87 000	76 000	0	0
Total Long-Term Debt	0	0	3 000	4 000
Creditors	0	0	0	0
Unpaid Taxes	74 000	70 000	60 000	81 000
Dividends	0	0	0	0
Other Current Debt	19 000	24 000	128 000	100 000
Total Current Debt	232 000	193 000	194 000	183 000
Total Equity and Debt	817 000	595 000	506 000	476 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,28 %	23,13 %	6,15 %	4,48 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	17,71 %	10,93 %	2,36 %	1,39 %
Current Ratio	3,48	2,99	2,48	2,6
Quick Ratio	3,48	2,99	2,48	2,6
Equity Ratio	0,72	0,68	0,61	0,61
Gross Profit Margin	100 %	100 %	100 %	100 %