FRIVOLDVEIEN 56 AS

4877 GRIMSTAD

Finances

Share Ownership

Return on Equity

−43,82 %

Current Ratio

0,6

Debt-to-Equity Ratio

41,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 000	0	0	0
Net Income	−39 000	−21 000	−27 000	−10 000
Total Assets	3 976 000	2 955 000	1 043 000	1 014 000
Total Equity	89 000	58 000	15 000	42 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 000	0	0	0
Expenditure	44 000	20 000	34 000	13 000
Operating Profit	−6 000	−20 000	−34 000	−13 000
Financial Income	0	0	0	0
Financial Costs	44 000	15 000	0	0
Financial Balance	−44 000	−15 000	0	0
Earnings Before Tax	−50 000	−35 000	−34 000	−13 000
Tax	−11 000	−14 000	−8 000	−3 000
Net Income	−39 000	−21 000	−27 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 860 000	2 818 000	1 016 000	1 008 000
Total Current Assets	116 000	136 000	27 000	6 000
Total Assets	3 976 000	2 955 000	1 043 000	1 014 000
Total Retained Equity	0	−36 000	−15 000	0
Total Equity	89 000	58 000	15 000	42 000
Total Long-Term Debt	3 692 000	2 828 000	1 003 000	972 000
Total Current Debt	194 000	69 000	25 000	1 000
Total Equity and Debt	3 976 000	2 955 000	1 043 000	1 014 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	38 000	0	0	0
Revenue	38 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	0	0	0
Impairment	0	0	0	0
Expenditure	44 000	20 000	34 000	13 000
Operating Profit	−6 000	−20 000	−34 000	−13 000
Financial Income	0	0	0	0
Financial Costs	44 000	15 000	0	0
Financial Balance	−44 000	−15 000	0	0
Dividends	0	0	0	0
Net Income	−39 000	−21 000	−27 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	10 000	3 000
Real Eastate	3 627 000	2 818 000	1 005 000	1 005 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	233 000	0	0	0
Total Tangible Assets	3 860 000	2 818 000	1 005 000	1 005 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 860 000	2 818 000	1 016 000	1 008 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	62 000	2 000	6 000
Total Current Assets	116 000	136 000	27 000	6 000
Total Assets	3 976 000	2 955 000	1 043 000	1 014 000
Total Equity	89 000	58 000	15 000	42 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 692 000	2 828 000	1 003 000	972 000
Creditors	193 000	68 000	25 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	1 000	0	0
Total Current Debt	194 000	69 000	25 000	1 000
Total Equity and Debt	3 976 000	2 955 000	1 043 000	1 014 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,82 %	−36,21 %	−180 %	−23,81 %
Debt-to-Equity Ratio	41,48	48,76	66,87	23,14
Operating Profit Margin	−15,79 %	-	-	-
Current Ratio	0,6	1,97	1,08	6
Quick Ratio	0,6	1,97	1,08	6
Equity Ratio	0,02	0,02	0,01	0,04
Gross Profit Margin	100 %	-	-	-