FRIENDS CARGO AS

2053 JESSHEIM

Finances

Share Ownership

Return on Equity

66,45 %

Current Ratio

0,64

Debt-to-Equity Ratio

−0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 066 000	13 642 000	14 168 000	13 109 000
Net Income	−521 000	−364 000	22 000	18 000
Total Assets	1 858 000	1 712 000	1 480 000	1 512 000
Total Equity	−784 000	−263 000	101 000	146 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 066 000	13 642 000	14 168 000	13 109 000
Expenditure	13 504 000	13 954 000	14 075 000	13 137 000
Operating Profit	−439 000	−312 000	92 000	−27 000
Financial Income	75 000	50 000	57 000	120 000
Financial Costs	157 000	102 000	105 000	64 000
Financial Balance	−82 000	−52 000	−48 000	56 000
Earnings Before Tax	−521 000	−364 000	45 000	29 000
Tax	0	0	23 000	11 000
Net Income	−521 000	−364 000	22 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	491 000	635 000	58 000	75 000
Total Current Assets	1 367 000	1 076 000	1 422 000	1 438 000
Total Assets	1 858 000	1 712 000	1 480 000	1 512 000
Total Retained Equity	−814 000	−293 000	71 000	116 000
Total Equity	−784 000	−263 000	101 000	146 000
Total Long-Term Debt	515 000	591 000	0	1 000
Total Current Debt	2 127 000	1 384 000	1 379 000	1 366 000
Total Equity and Debt	1 858 000	1 712 000	1 480 000	1 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 066 000	13 642 000	14 168 000	13 109 000
Other Income	0	0	0	0
Revenue	13 066 000	13 642 000	14 168 000	13 109 000
Cost of Goods Sold	11 002 000	12 000 000	11 443 000	11 182 000
Salary Costs	723 000	580 000	936 000	867 000
Depreciation	144 000	71 000	17 000	20 000
Impairment	0	0	0	0
Expenditure	13 504 000	13 954 000	14 075 000	13 137 000
Operating Profit	−439 000	−312 000	92 000	−27 000
Financial Income	75 000	50 000	57 000	120 000
Financial Costs	157 000	102 000	105 000	64 000
Financial Balance	−82 000	−52 000	−48 000	56 000
Dividends	0	0	0	0
Net Income	−521 000	−364 000	22 000	18 000

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	491 000	635 000	58 000	75 000
Total Tangible Assets	491 000	635 000	58 000	75 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	491 000	635 000	58 000	75 000
Stock	78 000	191 000	302 000	901 000
Total Investments	0	0	0	0
Cash, Bank	0	92 000	102 000	73 000
Total Current Assets	1 367 000	1 076 000	1 422 000	1 438 000
Total Assets	1 858 000	1 712 000	1 480 000	1 512 000
Total Equity	−784 000	−263 000	101 000	146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	515 000	591 000	0	1 000
Creditors	1 253 000	495 000	446 000	1 146 000
Unpaid Taxes	572 000	702 000	523 000	167 000
Dividends	0	0	0	0
Other Current Debt	303 000	187 000	386 000	41 000
Total Current Debt	2 127 000	1 384 000	1 379 000	1 366 000
Total Equity and Debt	1 858 000	1 712 000	1 480 000	1 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,45 %	138,4 %	21,78 %	12,33 %
Debt-to-Equity Ratio	−0,66	−2,25	0	0,01
Operating Profit Margin	−3,36 %	−2,29 %	0,65 %	−0,21 %
Current Ratio	0,64	0,78	1,03	1,05
Quick Ratio	0,67	0,9	1,32	3,09
Equity Ratio	−0,42	−0,15	0,07	0,1
Gross Profit Margin	15,8 %	12,04 %	19,23 %	14,7 %