FRIER VEST ASDAL AS

3950 BREVIK

Finances

Share Ownership

Return on Equity

−55,75 %

Current Ratio

11,39

Debt-to-Equity Ratio

6,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 009 000	192 000	0
Net Income	−2 565 000	773 000	−295 000	−488 000
Total Assets	39 276 000	11 749 000	7 150 000	6 031 000
Total Equity	4 601 000	7 166 000	−1 212 000	−918 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 009 000	192 000	0
Expenditure	1 954 000	332 000	487 000	488 000
Operating Profit	−1 954 000	677 000	−295 000	−488 000
Financial Income	2 000	98 000	0	0
Financial Costs	613 000	1 000	0	0
Financial Balance	−611 000	97 000	0	0
Earnings Before Tax	−2 565 000	773 000	−295 000	−488 000
Tax	0	0	0	0
Net Income	−2 565 000	773 000	−295 000	−488 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	39 276 000	11 749 000	7 150 000	6 031 000
Total Assets	39 276 000	11 749 000	7 150 000	6 031 000
Total Retained Equity	−3 088 000	−523 000	−1 296 000	−1 002 000
Total Equity	4 601 000	7 166 000	−1 212 000	−918 000
Total Long-Term Debt	31 228 000	0	7 605 000	6 625 000
Total Current Debt	3 447 000	4 583 000	758 000	324 000
Total Equity and Debt	39 276 000	11 749 000	7 150 000	6 031 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 009 000	192 000	0
Other Income	0	0	0	0
Revenue	0	1 009 000	192 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 954 000	332 000	487 000	488 000
Operating Profit	−1 954 000	677 000	−295 000	−488 000
Financial Income	2 000	98 000	0	0
Financial Costs	613 000	1 000	0	0
Financial Balance	−611 000	97 000	0	0
Dividends	0	0	0	0
Net Income	−2 565 000	773 000	−295 000	−488 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	31 713 000	4 050 000	6 780 000	5 893 000
Total Investments	0	0	0	0
Cash, Bank	4 382 000	34 000	95 000	139 000
Total Current Assets	39 276 000	11 749 000	7 150 000	6 031 000
Total Assets	39 276 000	11 749 000	7 150 000	6 031 000
Total Equity	4 601 000	7 166 000	−1 212 000	−918 000
Short-Term Group Debt	330 000	430 000	400 000	0
Total Long-Term Debt	31 228 000	0	7 605 000	6 625 000
Creditors	196 000	4 109 000	211 000	94 000
Unpaid Taxes	65 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 856 000	43 000	146 000	230 000
Total Current Debt	3 447 000	4 583 000	758 000	324 000
Total Equity and Debt	39 276 000	11 749 000	7 150 000	6 031 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,75 %	10,79 %	24,34 %	53,16 %
Debt-to-Equity Ratio	6,79	0	−6,27	−7,22
Operating Profit Margin	-	67,1 %	−153,65 %	-
Current Ratio	11,39	2,56	9,43	18,61
Quick Ratio	−1,39	22,04	−1,19	−1,08
Equity Ratio	0,12	0,61	−0,17	−0,15
Gross Profit Margin	-	100 %	100 %	-