FRODE VENEMYR AS

4836 ARENDAL

Finances

Return on Equity

1,32 %

Current Ratio

0,01

Debt-to-Equity Ratio

0,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	74 000	2 328 000	272 000	152 000
Total Assets	12 086 000	11 216 000	14 863 000	14 596 000
Total Equity	5 619 000	5 546 000	3 568 000	3 445 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	9 000	19 000	10 000	10 000
Operating Profit	−9 000	−19 000	−10 000	−10 000
Financial Income	103 000	2 699 000	708 000	624 000
Financial Costs	0	259 000	349 000	419 000
Financial Balance	103 000	2 440 000	359 000	205 000
Earnings Before Tax	94 000	2 421 000	349 000	194 000
Tax	21 000	92 000	77 000	43 000
Net Income	74 000	2 328 000	272 000	152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 070 000	11 200 000	14 827 000	14 578 000
Total Current Assets	16 000	16 000	36 000	18 000
Total Assets	12 086 000	11 216 000	14 863 000	14 596 000
Total Retained Equity	3 146 000	3 072 000	1 094 000	971 000
Total Equity	5 619 000	5 546 000	3 568 000	3 445 000
Total Long-Term Debt	5 297 000	5 219 000	11 000 000	11 000 000
Total Current Debt	1 169 000	451 000	295 000	151 000
Total Equity and Debt	12 086 000	11 216 000	14 863 000	14 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	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	9 000	19 000	10 000	10 000
Operating Profit	−9 000	−19 000	−10 000	−10 000
Financial Income	103 000	2 699 000	708 000	624 000
Financial Costs	0	259 000	349 000	419 000
Financial Balance	103 000	2 440 000	359 000	205 000
Dividends	0	0	150 000	0
Net Income	74 000	2 328 000	272 000	152 000

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	12 070 000	11 200 000	14 827 000	14 578 000
Total Fixed Assets	12 070 000	11 200 000	14 827 000	14 578 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	16 000	36 000	18 000
Total Current Assets	16 000	16 000	36 000	18 000
Total Assets	12 086 000	11 216 000	14 863 000	14 596 000
Total Equity	5 619 000	5 546 000	3 568 000	3 445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 297 000	5 219 000	11 000 000	11 000 000
Creditors	3 000	3 000	3 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	150 000	0
Other Current Debt	1 146 000	356 000	216 000	106 000
Total Current Debt	1 169 000	451 000	295 000	151 000
Total Equity and Debt	12 086 000	11 216 000	14 863 000	14 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,32 %	41,98 %	7,62 %	4,41 %
Debt-to-Equity Ratio	0,94	0,94	3,08	3,19
Operating Profit Margin	-	-	-	-
Current Ratio	0,01	0,04	0,12	0,12
Quick Ratio	0,01	0,04	0,12	0,12
Equity Ratio	0,46	0,49	0,24	0,24
Gross Profit Margin	-	-	-	-