FRENE AS

2008 FJERDINGBY

Finances

Return on Equity

110,83 %

Current Ratio

4,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	11 271 000	1 746 000	2 352 000	−86 000
Total Assets	13 187 000	5 916 000	6 145 000	3 882 000
Total Equity	10 170 000	1 899 000	4 153 000	2 501 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	36 000	13 000	15 000	86 000
Operating Profit	−36 000	−13 000	−15 000	−86 000
Financial Income	16 039 000	1 612 000	2 546 000	0
Financial Costs	4 732 000	−147 000	179 000	0
Financial Balance	11 307 000	1 759 000	2 367 000	0
Earnings Before Tax	11 271 000	1 746 000	2 352 000	−86 000
Tax	0	0	0	0
Net Income	11 271 000	1 746 000	2 352 000	−86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	711 000	3 987 000	3 987 000	3 527 000
Total Current Assets	12 476 000	1 928 000	2 158 000	355 000
Total Assets	13 187 000	5 916 000	6 145 000	3 882 000
Total Retained Equity	8 271 000	0	1 426 000	−226 000
Total Equity	10 170 000	1 899 000	4 153 000	2 501 000
Total Long-Term Debt	15 000	15 000	1 292 000	1 381 000
Total Current Debt	3 001 000	4 001 000	700 000	0
Total Equity and Debt	13 187 000	5 916 000	6 145 000	3 882 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	36 000	13 000	15 000	86 000
Operating Profit	−36 000	−13 000	−15 000	−86 000
Financial Income	16 039 000	1 612 000	2 546 000	0
Financial Costs	4 732 000	−147 000	179 000	0
Financial Balance	11 307 000	1 759 000	2 367 000	0
Dividends	3 000 000	4 000 000	700 000	0
Net Income	11 271 000	1 746 000	2 352 000	−86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	218 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	0	0	0
Total Tangible Assets	18 000	0	0	0
Total Fiancial Fixed Assets	475 000	3 987 000	3 987 000	3 527 000
Total Fixed Assets	711 000	3 987 000	3 987 000	3 527 000
Stock	0	0	0	0
Total Investments	2 089 000	189 000	685 000	0
Cash, Bank	1 899 000	268 000	247 000	355 000
Total Current Assets	12 476 000	1 928 000	2 158 000	355 000
Total Assets	13 187 000	5 916 000	6 145 000	3 882 000
Total Equity	10 170 000	1 899 000	4 153 000	2 501 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000	15 000	1 292 000	1 381 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	3 000 000	4 000 000	700 000	0
Other Current Debt	1 000	1 000	0	0
Total Current Debt	3 001 000	4 001 000	700 000	0
Total Equity and Debt	13 187 000	5 916 000	6 145 000	3 882 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,83 %	91,94 %	56,63 %	−3,44 %
Debt-to-Equity Ratio	0	0,01	0,31	0,55
Operating Profit Margin	-	-	-	-
Current Ratio	4,16	0,48	3,08	-
Quick Ratio	4,16	0,48	3,08	-
Equity Ratio	0,77	0,32	0,68	0,64
Gross Profit Margin	-	-	-	-