FRITZØE GÅRD ARENA AS

3267 LARVIK

Finances

Share Ownership

Return on Equity

23,72 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 346 000	1 528 000	780 000	2 435 000
Net Income	296 000	615 000	−285 000	1 093 000
Total Assets	3 100 000	4 913 000	2 803 000	3 469 000
Total Equity	1 248 000	1 288 000	1 291 000	1 575 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 346 000	1 528 000	780 000	2 435 000
Expenditure	916 000	699 000	1 080 000	941 000
Operating Profit	430 000	829 000	−299 000	1 494 000
Financial Income	2 000	0	0	0
Financial Costs	42 000	40 000	44 000	59 000
Financial Balance	−40 000	−40 000	−44 000	−59 000
Earnings Before Tax	390 000	789 000	−342 000	1 435 000
Tax	94 000	174 000	−58 000	342 000
Net Income	296 000	615 000	−285 000	1 093 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 606 000	2 061 000	2 009 000	1 996 000
Total Current Assets	1 495 000	2 852 000	793 000	1 473 000
Total Assets	3 100 000	4 913 000	2 803 000	3 469 000
Total Retained Equity	1 148 000	1 188 000	1 191 000	1 475 000
Total Equity	1 248 000	1 288 000	1 291 000	1 575 000
Total Long-Term Debt	874 000	1 051 000	1 151 000	1 200 000
Total Current Debt	979 000	2 574 000	360 000	694 000
Total Equity and Debt	3 100 000	4 913 000	2 803 000	3 469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	2 435 000
Other Income	1 346 000	1 528 000	780 000	0
Revenue	1 346 000	1 528 000	780 000	2 435 000
Cost of Goods Sold	64 000	0	60 000	120 000
Salary Costs	10 000	−114 000	385 000	382 000
Depreciation	455 000	448 000	359 000	306 000
Impairment	0	0	0	0
Expenditure	916 000	699 000	1 080 000	941 000
Operating Profit	430 000	829 000	−299 000	1 494 000
Financial Income	2 000	0	0	0
Financial Costs	42 000	40 000	44 000	59 000
Financial Balance	−40 000	−40 000	−44 000	−59 000
Dividends	0	0	0	0
Net Income	296 000	615 000	−285 000	1 093 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	1 944 000	1 989 000	1 996 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 606 000	118 000	20 000	0
Total Tangible Assets	1 606 000	2 061 000	2 009 000	1 996 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 606 000	2 061 000	2 009 000	1 996 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	1 655 000	730 000	160 000
Total Current Assets	1 495 000	2 852 000	793 000	1 473 000
Total Assets	3 100 000	4 913 000	2 803 000	3 469 000
Total Equity	1 248 000	1 288 000	1 291 000	1 575 000
Short-Term Group Debt	431 000	792 000	0	0
Total Long-Term Debt	874 000	1 051 000	1 151 000	1 200 000
Creditors	10 000	1 006 000	6 000	4 000
Unpaid Taxes	0	0	35 000	176 000
Dividends	0	0	0	0
Other Current Debt	538 000	777 000	320 000	171 000
Total Current Debt	979 000	2 574 000	360 000	694 000
Total Equity and Debt	3 100 000	4 913 000	2 803 000	3 469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,72 %	47,75 %	−22,08 %	69,4 %
Debt-to-Equity Ratio	0,7	0,82	0,89	0,76
Operating Profit Margin	31,95 %	54,25 %	−38,33 %	61,36 %
Current Ratio	1,53	1,11	2,2	2,12
Quick Ratio	1,53	1,11	2,2	2,12
Equity Ratio	0,4	0,26	0,46	0,45
Gross Profit Margin	95,25 %	100 %	92,31 %	95,07 %