FRED. OLSEN INSURANCE SERVICES AS

0152 OSLO

Finances

Share Ownership

Return on Equity

0,5 %

Current Ratio

6,21

Debt-to-Equity Ratio

2,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 732 000	8 125 000	7 645 000	8 476 000
Net Income	22 000	120 402 000	−1 449 000	−1 405 000
Total Assets	17 546 000	135 847 000	13 858 000	10 413 000
Total Equity	4 373 000	28 541 000	3 067 000	−267 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 732 000	8 125 000	7 645 000	8 476 000
Expenditure	9 768 000	8 271 000	8 521 000	9 671 000
Operating Profit	−1 037 000	−146 000	−875 000	−1 195 000
Financial Income	1 833 000	126 732 000	449 000	313 000
Financial Costs	629 000	6 185 000	450 000	246 000
Financial Balance	1 204 000	120 547 000	−1 000	67 000
Earnings Before Tax	167 000	120 402 000	−876 000	−1 128 000
Tax	145 000	0	574 000	277 000
Net Income	22 000	120 402 000	−1 449 000	−1 405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 875 000	2 745 000	2 267 000	5 215 000
Total Current Assets	14 671 000	133 102 000	11 591 000	5 197 000
Total Assets	17 546 000	135 847 000	13 858 000	10 413 000
Total Retained Equity	2 273 000	26 441 000	967 000	−2 367 000
Total Equity	4 373 000	28 541 000	3 067 000	−267 000
Total Long-Term Debt	10 812 000	10 679 000	9 185 000	7 845 000
Total Current Debt	2 361 000	96 627 000	1 606 000	2 835 000
Total Equity and Debt	17 546 000	135 847 000	13 858 000	10 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 756 000	7 041 000	6 991 000	7 864 000
Other Income	976 000	1 085 000	654 000	612 000
Revenue	8 732 000	8 125 000	7 645 000	8 476 000
Cost of Goods Sold	100 000	8 000	292 000	1 130 000
Salary Costs	6 521 000	5 933 000	5 690 000	5 569 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 768 000	8 271 000	8 521 000	9 671 000
Operating Profit	−1 037 000	−146 000	−875 000	−1 195 000
Financial Income	1 833 000	126 732 000	449 000	313 000
Financial Costs	629 000	6 185 000	450 000	246 000
Financial Balance	1 204 000	120 547 000	−1 000	67 000
Dividends	25 000 000	95 155 000	0	0
Net Income	22 000	120 402 000	−1 449 000	−1 405 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 875 000	2 745 000	2 267 000	5 215 000
Total Fixed Assets	2 875 000	2 745 000	2 267 000	5 215 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 700 000	7 585 000	5 776 000	4 833 000
Total Current Assets	14 671 000	133 102 000	11 591 000	5 197 000
Total Assets	17 546 000	135 847 000	13 858 000	10 413 000
Total Equity	4 373 000	28 541 000	3 067 000	−267 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 812 000	10 679 000	9 185 000	7 845 000
Creditors	64 000	0	3 000	96 000
Unpaid Taxes	421 000	341 000	558 000	325 000
Dividends	25 000 000	95 155 000	0	0
Other Current Debt	1 876 000	1 132 000	1 045 000	2 414 000
Total Current Debt	2 361 000	96 627 000	1 606 000	2 835 000
Total Equity and Debt	17 546 000	135 847 000	13 858 000	10 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,5 %	421,86 %	−47,24 %	526,22 %
Debt-to-Equity Ratio	2,47	0,37	2,99	−29,38
Operating Profit Margin	−11,88 %	−1,8 %	−11,45 %	−14,1 %
Current Ratio	6,21	1,38	7,22	1,83
Quick Ratio	6,21	1,38	7,22	1,83
Equity Ratio	0,25	0,21	0,22	−0,03
Gross Profit Margin	98,85 %	99,9 %	96,18 %	86,67 %