AS FREC

0789 OSLO

Finances

Return on Equity

−28,94 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−5 056 000	−3 175 000	−3 555 000	1 179 000
Total Assets	29 229 000	45 166 000	46 906 000	53 532 000
Total Equity	17 470 000	23 910 000	47 085 000	51 002 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	252 000	237 000	251 000	753 000
Operating Profit	−252 000	−237 000	−251 000	−753 000
Financial Income	9 890 000	7 471 000	5 629 000	4 612 000
Financial Costs	14 695 000	10 409 000	8 933 000	2 680 000
Financial Balance	−4 805 000	−2 938 000	−3 304 000	1 932 000
Earnings Before Tax	−5 056 000	−3 175 000	−3 555 000	1 179 000
Tax	0	0	0	0
Net Income	−5 056 000	−3 175 000	−3 555 000	1 179 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 424 000	17 304 000	25 298 000	30 657 000
Total Current Assets	17 806 000	27 862 000	21 608 000	22 875 000
Total Assets	29 229 000	45 166 000	46 906 000	53 532 000
Total Retained Equity	8 722 000	15 101 000	38 276 000	42 193 000
Total Equity	17 470 000	23 910 000	47 085 000	51 002 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 760 000	21 256 000	−179 000	2 530 000
Total Equity and Debt	29 229 000	45 166 000	46 906 000	53 532 000

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	2 000	0	0	318 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	252 000	237 000	251 000	753 000
Operating Profit	−252 000	−237 000	−251 000	−753 000
Financial Income	9 890 000	7 471 000	5 629 000	4 612 000
Financial Costs	14 695 000	10 409 000	8 933 000	2 680 000
Financial Balance	−4 805 000	−2 938 000	−3 304 000	1 932 000
Dividends	0	20 000 000	362 000	0
Net Income	−5 056 000	−3 175 000	−3 555 000	1 179 000

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	223 000	223 000	223 000	141 000
Total Tangible Assets	223 000	223 000	223 000	141 000
Total Fiancial Fixed Assets	11 201 000	17 081 000	25 075 000	30 517 000
Total Fixed Assets	11 424 000	17 304 000	25 298 000	30 657 000
Stock	0	0	0	0
Total Investments	15 711 000	27 371 000	20 319 000	22 513 000
Cash, Bank	2 092 000	453 000	1 289 000	300 000
Total Current Assets	17 806 000	27 862 000	21 608 000	22 875 000
Total Assets	29 229 000	45 166 000	46 906 000	53 532 000
Total Equity	17 470 000	23 910 000	47 085 000	51 002 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	30 000	103 000	−199 000	−16 000
Unpaid Taxes	0	0	0	34 000
Dividends	0	20 000 000	362 000	0
Other Current Debt	11 730 000	21 152 000	20 000	2 511 000
Total Current Debt	11 760 000	21 256 000	−179 000	2 530 000
Total Equity and Debt	29 229 000	45 166 000	46 906 000	53 532 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,94 %	−13,28 %	−7,55 %	2,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,51	1,31	−120,72	9,04
Quick Ratio	1,51	1,31	−120,72	9,04
Equity Ratio	0,6	0,53	1	0,95
Gross Profit Margin	-	-	-	-