Fred. Olsen Spedisjon A/S

0152 OSLO

Finances

Share Ownership

Return on Equity

−24,45 %

Current Ratio

2,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	622 000	634 000	557 000	517 000
Net Income	−1 550 000	−1 265 000	−1 465 000	−1 591 000
Total Assets	6 472 000	6 872 000	6 485 000	7 649 000
Total Equity	6 339 000	6 771 000	5 150 000	7 328 000

Income (NOK)	2022	2021	2020	2019
Revenue	622 000	634 000	557 000	517 000
Expenditure	2 180 000	1 901 000	2 001 000	2 059 000
Operating Profit	−1 559 000	−1 266 000	−1 444 000	−1 543 000
Financial Income	10 000	1 000	2 000	3 000
Financial Costs	0	0	23 000	52 000
Financial Balance	10 000	1 000	−21 000	−49 000
Earnings Before Tax	−1 550 000	−1 265 000	−1 465 000	−1 591 000
Tax	0	0	0	0
Net Income	−1 550 000	−1 265 000	−1 465 000	−1 591 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 135 000	6 335 000	6 276 000	7 046 000
Total Current Assets	338 000	537 000	210 000	603 000
Total Assets	6 472 000	6 872 000	6 485 000	7 649 000
Total Retained Equity	0	0	0	677 000
Total Equity	6 339 000	6 771 000	5 150 000	7 328 000
Total Long-Term Debt	0	0	1 273 000	250 000
Total Current Debt	133 000	101 000	63 000	71 000
Total Equity and Debt	6 472 000	6 872 000	6 485 000	7 649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	613 000	625 000	507 000	466 000
Other Income	9 000	9 000	50 000	51 000
Revenue	622 000	634 000	557 000	517 000
Cost of Goods Sold	0	128 000	121 000	117 000
Salary Costs	293 000	255 000	141 000	225 000
Depreciation	377 000	382 000	396 000	396 000
Impairment	0	0	0	0
Expenditure	2 180 000	1 901 000	2 001 000	2 059 000
Operating Profit	−1 559 000	−1 266 000	−1 444 000	−1 543 000
Financial Income	10 000	1 000	2 000	3 000
Financial Costs	0	0	23 000	52 000
Financial Balance	10 000	1 000	−21 000	−49 000
Dividends	0	0	0	0
Net Income	−1 550 000	−1 265 000	−1 465 000	−1 591 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 622 000	2 930 000	3 246 000	3 586 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	586 000	655 000	687 000	690 000
Total Tangible Assets	3 208 000	3 585 000	3 932 000	4 276 000
Total Fiancial Fixed Assets	2 927 000	2 750 000	2 343 000	2 770 000
Total Fixed Assets	6 135 000	6 335 000	6 276 000	7 046 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	170 000	420 000	107 000	207 000
Total Current Assets	338 000	537 000	210 000	603 000
Total Assets	6 472 000	6 872 000	6 485 000	7 649 000
Total Equity	6 339 000	6 771 000	5 150 000	7 328 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 273 000	250 000
Creditors	5 000	54 000	15 000	7 000
Unpaid Taxes	96 000	21 000	28 000	16 000
Dividends	0	0	0	0
Other Current Debt	32 000	27 000	20 000	48 000
Total Current Debt	133 000	101 000	63 000	71 000
Total Equity and Debt	6 472 000	6 872 000	6 485 000	7 649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,45 %	−18,68 %	−28,45 %	−21,71 %
Debt-to-Equity Ratio	0	0	0,25	0,03
Operating Profit Margin	−250,64 %	−199,68 %	−259,25 %	−298,45 %
Current Ratio	2,54	5,32	3,33	8,49
Quick Ratio	2,54	5,32	3,33	8,49
Equity Ratio	0,98	0,99	0,79	0,96
Gross Profit Margin	100 %	79,81 %	78,28 %	77,37 %