FRIUM & SCHEIE AS

3711 SKIEN

Finances

Return on Equity

−8,85 %

Current Ratio

0,12

Debt-to-Equity Ratio

1,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 000	0	77 000	92 000
Net Income	−506 000	−415 000	−538 000	−610 000
Total Assets	17 990 000	18 116 000	19 178 000	23 080 000
Total Equity	5 717 000	6 223 000	6 637 000	7 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 000	0	77 000	92 000
Expenditure	77 000	74 000	164 000	289 000
Operating Profit	−53 000	−74 000	−86 000	−197 000
Financial Income	0	0	0	250 000
Financial Costs	453 000	341 000	452 000	663 000
Financial Balance	−453 000	−341 000	−452 000	−413 000
Earnings Before Tax	−506 000	−415 000	−538 000	−610 000
Tax	0	0	0	0
Net Income	−506 000	−415 000	−538 000	−610 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 600 000	17 606 000	17 497 000	22 132 000
Total Current Assets	390 000	510 000	1 681 000	948 000
Total Assets	17 990 000	18 116 000	19 178 000	23 080 000
Total Retained Equity	5 059 000	5 565 000	5 979 000	6 518 000
Total Equity	5 717 000	6 223 000	6 637 000	7 176 000
Total Long-Term Debt	9 132 000	9 486 000	10 973 000	15 038 000
Total Current Debt	3 140 000	2 408 000	1 568 000	866 000
Total Equity and Debt	17 990 000	18 116 000	19 178 000	23 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	0	77 000	92 000
Other Income	0	0	0	0
Revenue	24 000	0	77 000	92 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	10 000	57 000	19 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	77 000	74 000	164 000	289 000
Operating Profit	−53 000	−74 000	−86 000	−197 000
Financial Income	0	0	0	250 000
Financial Costs	453 000	341 000	452 000	663 000
Financial Balance	−453 000	−341 000	−452 000	−413 000
Dividends	0	0	0	250 000
Net Income	−506 000	−415 000	−538 000	−610 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	923 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	923 000
Total Fiancial Fixed Assets	17 600 000	17 606 000	17 497 000	21 209 000
Total Fixed Assets	17 600 000	17 606 000	17 497 000	22 132 000
Stock	0	0	0	0
Total Investments	377 000	377 000	0	0
Cash, Bank	7 000	75 000	1 578 000	748 000
Total Current Assets	390 000	510 000	1 681 000	948 000
Total Assets	17 990 000	18 116 000	19 178 000	23 080 000
Total Equity	5 717 000	6 223 000	6 637 000	7 176 000
Short-Term Group Debt	3 000 000	2 241 000	1 505 000	728 000
Total Long-Term Debt	9 132 000	9 486 000	10 973 000	15 038 000
Creditors	4 000	40 000	39 000	55 000
Unpaid Taxes	1 000	1 000	1 000	7 000
Dividends	0	0	0	250 000
Other Current Debt	136 000	125 000	24 000	75 000
Total Current Debt	3 140 000	2 408 000	1 568 000	866 000
Total Equity and Debt	17 990 000	18 116 000	19 178 000	23 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,85 %	−6,67 %	−8,11 %	−8,5 %
Debt-to-Equity Ratio	1,6	1,52	1,65	2,1
Operating Profit Margin	−220,83 %	-	−111,69 %	−214,13 %
Current Ratio	0,12	0,21	1,07	1,09
Quick Ratio	0,12	0,21	1,07	1,09
Equity Ratio	0,32	0,34	0,35	0,31
Gross Profit Margin	100 %	-	100 %	100 %