FRENG INVEST AS

1364 FORNEBU

Finances

Return on Equity

577,83 %

Current Ratio

16,2

Debt-to-Equity Ratio

7,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	2 710 000	−383 000	−514 000	−389 000
Total Assets	4 470 000	2 056 000	763 000	1 604 000
Total Equity	469 000	−2 241 000	−1 858 000	−1 344 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	26 000	24 000	17 000	9 000
Operating Profit	−26 000	−24 000	−17 000	−9 000
Financial Income	3 562 000	626 000	1 341 000	387 000
Financial Costs	561 000	985 000	1 838 000	767 000
Financial Balance	3 001 000	−359 000	−497 000	−380 000
Earnings Before Tax	2 975 000	−383 000	−514 000	−389 000
Tax	265 000	0	0	0
Net Income	2 710 000	−383 000	−514 000	−389 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 470 000	2 056 000	763 000	1 604 000
Total Assets	4 470 000	2 056 000	763 000	1 604 000
Total Retained Equity	439 000	−2 271 000	−1 888 000	−1 374 000
Total Equity	469 000	−2 241 000	−1 858 000	−1 344 000
Total Long-Term Debt	3 724 000	4 297 000	2 614 000	1 933 000
Total Current Debt	276 000	0	7 000	1 014 000
Total Equity and Debt	4 470 000	2 056 000	763 000	1 604 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	26 000	24 000	17 000	9 000
Operating Profit	−26 000	−24 000	−17 000	−9 000
Financial Income	3 562 000	626 000	1 341 000	387 000
Financial Costs	561 000	985 000	1 838 000	767 000
Financial Balance	3 001 000	−359 000	−497 000	−380 000
Dividends	0	0	0	0
Net Income	2 710 000	−383 000	−514 000	−389 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	1 540 000	2 056 000	168 000	2 812 000
Cash, Bank	2 929 000	0	595 000	−1 208 000
Total Current Assets	4 470 000	2 056 000	763 000	1 604 000
Total Assets	4 470 000	2 056 000	763 000	1 604 000
Total Equity	469 000	−2 241 000	−1 858 000	−1 344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 724 000	4 297 000	2 614 000	1 933 000
Creditors	0	0	7 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	11 000	0	0	0
Total Current Debt	276 000	0	7 000	1 014 000
Total Equity and Debt	4 470 000	2 056 000	763 000	1 604 000

Financial indicators	2022	2021	2020	2019
Return on Equity	577,83 %	17,09 %	27,66 %	28,94 %
Debt-to-Equity Ratio	7,94	−1,92	−1,41	−1,44
Operating Profit Margin	-	-	-	-
Current Ratio	16,2	-	109	1,58
Quick Ratio	16,2	-	109	1,58
Equity Ratio	0,1	−1,09	−2,44	−0,84
Gross Profit Margin	-	-	-	-