FRIGAARD BOLIG AS

1724 SARPSBORG

Finances

Return on Equity

−6,9 %

Current Ratio

3,71

Debt-to-Equity Ratio

3,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 277 000	2 530 000	46 710 000	0
Net Income	−4 222 000	−14 134 000	40 405 000	19 958 000
Total Assets	327 275 000	344 143 000	269 218 000	241 244 000
Total Equity	61 206 000	65 428 000	63 920 000	20 007 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 277 000	2 530 000	46 710 000	0
Expenditure	10 399 000	8 953 000	1 649 000	29 000
Operating Profit	−5 122 000	−6 423 000	45 061 000	−29 000
Financial Income	17 932 000	33 932 000	8 098 000	29 005 000
Financial Costs	19 000 000	41 928 000	12 806 000	9 956 000
Financial Balance	−1 068 000	−7 996 000	−4 708 000	19 049 000
Earnings Before Tax	−6 190 000	−14 419 000	40 354 000	19 020 000
Tax	−1 969 000	−285 000	−52 000	−938 000
Net Income	−4 222 000	−14 134 000	40 405 000	19 958 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 556 000	254 258 000	264 068 000	208 709 000
Total Current Assets	198 719 000	89 886 000	5 149 000	32 535 000
Total Assets	327 275 000	344 143 000	269 218 000	241 244 000
Total Retained Equity	57 598 000	61 820 000	60 312 000	19 907 000
Total Equity	61 206 000	65 428 000	63 920 000	20 007 000
Total Long-Term Debt	212 531 000	238 799 000	205 298 000	221 237 000
Total Current Debt	53 538 000	39 917 000	0	0
Total Equity and Debt	327 275 000	344 143 000	269 218 000	241 244 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 277 000	2 530 000	0	0
Other Income	0	0	46 710 000	0
Revenue	5 277 000	2 530 000	46 710 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	9 407 000	7 927 000	0	0
Depreciation	152 000	0	0	0
Impairment	0	0	0	0
Expenditure	10 399 000	8 953 000	1 649 000	29 000
Operating Profit	−5 122 000	−6 423 000	45 061 000	−29 000
Financial Income	17 932 000	33 932 000	8 098 000	29 005 000
Financial Costs	19 000 000	41 928 000	12 806 000	9 956 000
Financial Balance	−1 068 000	−7 996 000	−4 708 000	19 049 000
Dividends	0	0	0	0
Net Income	−4 222 000	−14 134 000	40 405 000	19 958 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	624 000	268 000	0	938 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	491 000	615 000	0	0
Total Tangible Assets	491 000	615 000	0	0
Total Fiancial Fixed Assets	127 441 000	253 374 000	264 068 000	207 772 000
Total Fixed Assets	128 556 000	254 258 000	264 068 000	208 709 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	430 000	392 000	652 000	32 497 000
Total Current Assets	198 719 000	89 886 000	5 149 000	32 535 000
Total Assets	327 275 000	344 143 000	269 218 000	241 244 000
Total Equity	61 206 000	65 428 000	63 920 000	20 007 000
Short-Term Group Debt	200 000	9 581 000	0	0
Total Long-Term Debt	212 531 000	238 799 000	205 298 000	221 237 000
Creditors	307 000	898 000	0	0
Unpaid Taxes	1 031 000	694 000	0	0
Dividends	0	0	0	0
Other Current Debt	52 000 000	28 743 000	0	0
Total Current Debt	53 538 000	39 917 000	0	0
Total Equity and Debt	327 275 000	344 143 000	269 218 000	241 244 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,9 %	−21,6 %	63,21 %	99,76 %
Debt-to-Equity Ratio	3,47	3,65	3,21	11,06
Operating Profit Margin	−97,06 %	−253,87 %	96,47 %	-
Current Ratio	3,71	2,25	-	-
Quick Ratio	3,71	2,25	-	-
Equity Ratio	0,19	0,19	0,24	0,08
Gross Profit Margin	100 %	100 %	100 %	-