FRIISPIRIT AS

0983 OSLO

Finances

Return on Equity

26,32 %

Current Ratio

2,43

Debt-to-Equity Ratio

−18,01

Key figures (NOK)	2021	2020	2019	2018
Revenue	253 000	1 689 000	1 188 000	901 000
Net Income	−35 000	146 000	−180 000	−303 000
Total Assets	2 268 000	2 346 000	2 721 000	289 000
Total Equity	−133 000	−98 000	−245 000	−65 000

Income (NOK)	2021	2020	2019	2018
Revenue	253 000	1 689 000	1 188 000	901 000
Expenditure	208 000	1 447 000	1 256 000	1 173 000
Operating Profit	45 000	242 000	−68 000	−272 000
Financial Income	0	1 000	2 000	2 000
Financial Costs	80 000	96 000	114 000	33 000
Financial Balance	−80 000	−95 000	−112 000	−31 000
Earnings Before Tax	−35 000	146 000	−180 000	−303 000
Tax	0	0	0	0
Net Income	−35 000	146 000	−180 000	−303 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 252 000	2 343 000	2 343 000	56 000
Total Current Assets	17 000	4 000	378 000	233 000
Total Assets	2 268 000	2 346 000	2 721 000	289 000
Total Retained Equity	−666 000	−631 000	−777 000	−598 000
Total Equity	−133 000	−98 000	−245 000	−65 000
Total Long-Term Debt	2 395 000	2 494 000	2 571 000	20 000
Total Current Debt	7 000	−49 000	395 000	334 000
Total Equity and Debt	2 268 000	2 346 000	2 721 000	289 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	253 000	1 689 000	1 187 000	901 000
Other Income	0	0	0	0
Revenue	253 000	1 689 000	1 188 000	901 000
Cost of Goods Sold	0	1 368 000	857 000	889 000
Salary Costs	0	0	6 000	2 000
Depreciation	91 000	0	0	0
Impairment	0	0	0	0
Expenditure	208 000	1 447 000	1 256 000	1 173 000
Operating Profit	45 000	242 000	−68 000	−272 000
Financial Income	0	1 000	2 000	2 000
Financial Costs	80 000	96 000	114 000	33 000
Financial Balance	−80 000	−95 000	−112 000	−31 000
Dividends	0	0	0	0
Net Income	−35 000	146 000	−180 000	−303 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 191 000	2 282 000	2 282 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 191 000	2 282 000	2 282 000	0
Total Fiancial Fixed Assets	61 000	61 000	61 000	56 000
Total Fixed Assets	2 252 000	2 343 000	2 343 000	56 000
Stock	0	0	440 000	260 000
Total Investments	0	0	0	0
Cash, Bank	21 000	1 000	−1 175 000	−625 000
Total Current Assets	17 000	4 000	378 000	233 000
Total Assets	2 268 000	2 346 000	2 721 000	289 000
Total Equity	−133 000	−98 000	−245 000	−65 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 395 000	2 494 000	2 571 000	20 000
Creditors	5 000	0	405 000	223 000
Unpaid Taxes	5 000	0	40 000	12 000
Dividends	0	0	0	0
Other Current Debt	−3 000	−50 000	−50 000	99 000
Total Current Debt	7 000	−49 000	395 000	334 000
Total Equity and Debt	2 268 000	2 346 000	2 721 000	289 000

Financial indicators	2021	2020	2019	2018
Return on Equity	26,32 %	−148,98 %	73,47 %	466,15 %
Debt-to-Equity Ratio	−18,01	−25,45	−10,49	−0,31
Operating Profit Margin	17,79 %	14,33 %	−5,72 %	−30,19 %
Current Ratio	2,43	−0,08	0,96	0,7
Quick Ratio	2,43	−0,08	−8,4	3,15
Equity Ratio	−0,06	−0,04	−0,09	−0,22
Gross Profit Margin	100 %	19,01 %	27,86 %	1,33 %