FREDHEIM1939 INVEST AS

3086 HOLMESTRAND

Finances

Share Ownership

Return on Equity

23,4 %

Current Ratio

0,79

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	119 000	119 000	92 000	64 000
Net Income	55 000	53 000	42 000	30 000
Total Assets	452 000	446 000	440 000	290 000
Total Equity	235 000	180 000	127 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	119 000	119 000	92 000	64 000
Expenditure	47 000	50 000	36 000	26 000
Operating Profit	72 000	70 000	57 000	38 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	3 000	0
Financial Balance	−1 000	−3 000	−3 000	0
Earnings Before Tax	71 000	67 000	54 000	38 000
Tax	16 000	15 000	12 000	8 000
Net Income	55 000	53 000	42 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	294 000	309 000	326 000	162 000
Total Current Assets	157 000	137 000	114 000	127 000
Total Assets	452 000	446 000	440 000	290 000
Total Retained Equity	211 000	156 000	103 000	61 000
Total Equity	235 000	180 000	127 000	85 000
Total Long-Term Debt	17 000	68 000	118 000	0
Total Current Debt	199 000	198 000	194 000	204 000
Total Equity and Debt	452 000	446 000	440 000	290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	119 000	119 000	92 000	64 000
Other Income	0	0	0	0
Revenue	119 000	119 000	92 000	64 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	15 000	17 000	13 000	7 000
Impairment	0	0	0	0
Expenditure	47 000	50 000	36 000	26 000
Operating Profit	72 000	70 000	57 000	38 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	3 000	0
Financial Balance	−1 000	−3 000	−3 000	0
Dividends	0	0	0	0
Net Income	55 000	53 000	42 000	30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	280 000	292 000	304 000	161 000
Machinery and Plant Facilities	14 000	18 000	22 000	0
Fixtures	0	0	0	0
Total Tangible Assets	294 000	309 000	326 000	161 000
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	294 000	309 000	326 000	162 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	60 000	111 000	125 000
Total Current Assets	157 000	137 000	114 000	127 000
Total Assets	452 000	446 000	440 000	290 000
Total Equity	235 000	180 000	127 000	85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	68 000	118 000	0
Creditors	0	0	0	0
Unpaid Taxes	14 000	14 000	13 000	15 000
Dividends	0	0	0	0
Other Current Debt	169 000	169 000	169 000	184 000
Total Current Debt	199 000	198 000	194 000	204 000
Total Equity and Debt	452 000	446 000	440 000	290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,4 %	29,44 %	33,07 %	35,29 %
Debt-to-Equity Ratio	0,07	0,38	0,93	0
Operating Profit Margin	60,5 %	58,82 %	61,96 %	59,38 %
Current Ratio	0,79	0,69	0,59	0,62
Quick Ratio	0,79	0,69	0,59	0,62
Equity Ratio	0,52	0,4	0,29	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %