FREDRIKSTAD KULTUR AS

1675 KRÅKERØY

Finances

Return on Equity

−3,34 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 966 000	1 721 000	1 386 000	1 874 000
Net Income	−26 000	175 000	189 000	227 000
Total Assets	1 457 000	1 954 000	1 638 000	1 240 000
Total Equity	779 000	805 000	630 000	459 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 966 000	1 721 000	1 386 000	1 874 000
Expenditure	1 956 000	1 484 000	1 129 000	1 561 000
Operating Profit	10 000	237 000	257 000	313 000
Financial Income	0	0	0	0
Financial Costs	34 000	13 000	15 000	18 000
Financial Balance	−34 000	−13 000	−15 000	−18 000
Earnings Before Tax	−24 000	224 000	242 000	294 000
Tax	1 000	50 000	53 000	68 000
Net Income	−26 000	175 000	189 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	493 000	721 000	711 000	790 000
Total Current Assets	963 000	1 233 000	928 000	450 000
Total Assets	1 457 000	1 954 000	1 638 000	1 240 000
Total Retained Equity	749 000	775 000	600 000	429 000
Total Equity	779 000	805 000	630 000	459 000
Total Long-Term Debt	8 000	290 000	350 000	398 000
Total Current Debt	670 000	860 000	659 000	383 000
Total Equity and Debt	1 457 000	1 954 000	1 638 000	1 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 129 000	1 721 000	1 386 000	1 874 000
Other Income	−163 000	0	0	0
Revenue	1 966 000	1 721 000	1 386 000	1 874 000
Cost of Goods Sold	493 000	638 000	433 000	579 000
Salary Costs	958 000	426 000	244 000	568 000
Depreciation	49 000	94 000	87 000	59 000
Impairment	0	0	0	0
Expenditure	1 956 000	1 484 000	1 129 000	1 561 000
Operating Profit	10 000	237 000	257 000	313 000
Financial Income	0	0	0	0
Financial Costs	34 000	13 000	15 000	18 000
Financial Balance	−34 000	−13 000	−15 000	−18 000
Dividends	0	0	0	0
Net Income	−26 000	175 000	189 000	227 000

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	50 000	0	0	0
Fixtures	217 000	404 000	400 000	487 000
Total Tangible Assets	267 000	404 000	400 000	487 000
Total Fiancial Fixed Assets	227 000	317 000	311 000	304 000
Total Fixed Assets	493 000	721 000	711 000	790 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	251 000	344 000	412 000	56 000
Total Current Assets	963 000	1 233 000	928 000	450 000
Total Assets	1 457 000	1 954 000	1 638 000	1 240 000
Total Equity	779 000	805 000	630 000	459 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	290 000	350 000	398 000
Creditors	197 000	67 000	32 000	0
Unpaid Taxes	70 000	46 000	6 000	24 000
Dividends	0	0	0	0
Other Current Debt	403 000	690 000	569 000	347 000
Total Current Debt	670 000	860 000	659 000	383 000
Total Equity and Debt	1 457 000	1 954 000	1 638 000	1 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,34 %	21,74 %	30 %	49,46 %
Debt-to-Equity Ratio	0,01	0,36	0,56	0,87
Operating Profit Margin	0,51 %	13,77 %	18,54 %	16,7 %
Current Ratio	1,44	1,43	1,41	1,17
Quick Ratio	1,44	1,43	1,41	1,17
Equity Ratio	0,53	0,41	0,38	0,37
Gross Profit Margin	74,92 %	62,93 %	68,76 %	69,1 %