FREDNOR AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

13,17 %

Current Ratio

0,95

Debt-to-Equity Ratio

−1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 260 000	19 118 000	13 988 000	17 506 000
Net Income	−1 660 000	−676 000	−2 827 000	−2 597 000
Total Assets	8 408 000	11 864 000	13 995 000	13 177 000
Total Equity	−12 602 000	−10 942 000	−10 266 000	−7 439 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 260 000	19 118 000	13 988 000	17 506 000
Expenditure	23 390 000	19 346 000	16 278 000	19 617 000
Operating Profit	−1 131 000	−229 000	−2 289 000	−2 112 000
Financial Income	82 000	51 000	26 000	37 000
Financial Costs	612 000	498 000	564 000	523 000
Financial Balance	−530 000	−447 000	−538 000	−486 000
Earnings Before Tax	−1 660 000	−676 000	−2 827 000	−2 597 000
Tax	0	0	0	0
Net Income	−1 660 000	−676 000	−2 827 000	−2 597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 712 000	5 905 000	7 914 000	10 196 000
Total Current Assets	3 696 000	5 960 000	6 081 000	2 981 000
Total Assets	8 408 000	11 864 000	13 995 000	13 177 000
Total Retained Equity	−12 702 000	−11 042 000	−10 366 000	−7 539 000
Total Equity	−12 602 000	−10 942 000	−10 266 000	−7 439 000
Total Long-Term Debt	17 112 000	19 480 000	20 670 000	17 390 000
Total Current Debt	3 898 000	3 326 000	3 591 000	3 226 000
Total Equity and Debt	8 408 000	11 864 000	13 995 000	13 177 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 204 000	17 963 000	13 852 000	17 506 000
Other Income	56 000	1 155 000	136 000	0
Revenue	22 260 000	19 118 000	13 988 000	17 506 000
Cost of Goods Sold	6 393 000	5 073 000	4 038 000	5 063 000
Salary Costs	8 261 000	6 828 000	5 299 000	6 480 000
Depreciation	1 257 000	2 009 000	2 282 000	2 312 000
Impairment	0	0	0	0
Expenditure	23 390 000	19 346 000	16 278 000	19 617 000
Operating Profit	−1 131 000	−229 000	−2 289 000	−2 112 000
Financial Income	82 000	51 000	26 000	37 000
Financial Costs	612 000	498 000	564 000	523 000
Financial Balance	−530 000	−447 000	−538 000	−486 000
Dividends	0	0	0	0
Net Income	−1 660 000	−676 000	−2 827 000	−2 597 000

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	4 712 000	5 905 000	7 914 000	10 196 000
Total Tangible Assets	4 712 000	5 905 000	7 914 000	10 196 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 712 000	5 905 000	7 914 000	10 196 000
Stock	343 000	320 000	263 000	331 000
Total Investments	0	0	0	0
Cash, Bank	2 703 000	4 854 000	5 197 000	2 150 000
Total Current Assets	3 696 000	5 960 000	6 081 000	2 981 000
Total Assets	8 408 000	11 864 000	13 995 000	13 177 000
Total Equity	−12 602 000	−10 942 000	−10 266 000	−7 439 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 112 000	19 480 000	20 670 000	17 390 000
Creditors	1 644 000	1 435 000	2 186 000	1 826 000
Unpaid Taxes	1 233 000	1 113 000	819 000	969 000
Dividends	0	0	0	0
Other Current Debt	1 021 000	778 000	586 000	432 000
Total Current Debt	3 898 000	3 326 000	3 591 000	3 226 000
Total Equity and Debt	8 408 000	11 864 000	13 995 000	13 177 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,17 %	6,18 %	27,54 %	34,91 %
Debt-to-Equity Ratio	−1,36	−1,78	−2,01	−2,34
Operating Profit Margin	−5,08 %	−1,2 %	−16,36 %	−12,06 %
Current Ratio	0,95	1,79	1,69	0,92
Quick Ratio	1,04	1,98	1,83	1,03
Equity Ratio	−1,5	−0,92	−0,73	−0,56
Gross Profit Margin	71,28 %	73,46 %	71,13 %	71,08 %