FRIGSTAD HOLDING AS

4760 BIRKELAND

Finances

Return on Equity

−3,11 %

Current Ratio

7,19

Debt-to-Equity Ratio

1,35

Key figures (NOK)	2021	2020	2019	2018
Revenue	9 000	0	0	0
Net Income	−46 000	−9 000	−7 000	−7 000
Total Assets	3 528 000	2 027 000	29 000	30 000
Total Equity	1 480 000	−9 000	0	7 000

Income (NOK)	2021	2020	2019	2018
Revenue	9 000	0	0	0
Expenditure	255 000	9 000	7 000	8 000
Operating Profit	−246 000	−9 000	−7 000	−8 000
Financial Income	208 000	0	0	0
Financial Costs	8 000	0	0	0
Financial Balance	200 000	0	0	0
Earnings Before Tax	−46 000	−9 000	−7 000	−7 000
Tax	0	0	0	0
Net Income	−46 000	−9 000	−7 000	−7 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 183 000	2 000 000	0	0
Total Current Assets	345 000	27 000	29 000	30 000
Total Assets	3 528 000	2 027 000	29 000	30 000
Total Retained Equity	1 390 000	−39 000	−30 000	−23 000
Total Equity	1 480 000	−9 000	0	7 000
Total Long-Term Debt	2 000 000	2 000 000	0	0
Total Current Debt	48 000	36 000	29 000	23 000
Total Equity and Debt	3 528 000	2 027 000	29 000	30 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	9 000	0	0	0
Other Income	0	0	0	0
Revenue	9 000	0	0	0
Cost of Goods Sold	67 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	255 000	9 000	7 000	8 000
Operating Profit	−246 000	−9 000	−7 000	−8 000
Financial Income	208 000	0	0	0
Financial Costs	8 000	0	0	0
Financial Balance	200 000	0	0	0
Dividends	0	0	0	0
Net Income	−46 000	−9 000	−7 000	−7 000

Balance details (NOK)	2021	2020	2019	2018
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	99 000	0	0	0
Total Tangible Assets	99 000	0	0	0
Total Fiancial Fixed Assets	3 084 000	2 000 000	0	0
Total Fixed Assets	3 183 000	2 000 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	320 000	27 000	29 000	30 000
Total Current Assets	345 000	27 000	29 000	30 000
Total Assets	3 528 000	2 027 000	29 000	30 000
Total Equity	1 480 000	−9 000	0	7 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000 000	2 000 000	0	0
Creditors	11 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	37 000	36 000	29 000	23 000
Total Current Debt	48 000	36 000	29 000	23 000
Total Equity and Debt	3 528 000	2 027 000	29 000	30 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−3,11 %	100 %	-	−100 %
Debt-to-Equity Ratio	1,35	−222,22	-	0
Operating Profit Margin	−2 733,33 %	-	-	-
Current Ratio	7,19	0,75	1	1,3
Quick Ratio	7,19	0,75	1	1,3
Equity Ratio	0,42	−0	0	0,23
Gross Profit Margin	−644,44 %	-	-	-