FREKHAUG BOLIG AS

5131 NYBORG

Finances

Share Ownership

Return on Equity

37,51 %

Current Ratio

1,97

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 066 000	18 980 000	14 238 000	9 148 000
Net Income	692 000	216 000	378 000	−240 000
Total Assets	6 248 000	4 941 000	5 089 000	3 135 000
Total Equity	1 845 000	1 753 000	666 000	371 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 066 000	18 980 000	14 238 000	9 148 000
Expenditure	20 146 000	18 671 000	13 727 000	9 463 000
Operating Profit	921 000	309 000	511 000	−315 000
Financial Income	0	0	0	0
Financial Costs	32 000	31 000	26 000	41 000
Financial Balance	−32 000	−31 000	−26 000	−41 000
Earnings Before Tax	889 000	277 000	485 000	−356 000
Tax	197 000	61 000	107 000	−116 000
Net Income	692 000	216 000	378 000	−240 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	35 000	0	0
Total Current Assets	6 221 000	4 906 000	5 089 000	3 135 000
Total Assets	6 248 000	4 941 000	5 089 000	3 135 000
Total Retained Equity	1 645 000	1 553 000	466 000	171 000
Total Equity	1 845 000	1 753 000	666 000	371 000
Total Long-Term Debt	1 244 000	751 000	500 000	0
Total Current Debt	3 159 000	2 437 000	3 923 000	2 764 000
Total Equity and Debt	6 248 000	4 941 000	5 089 000	3 135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 764 000	19 487 000	13 960 000	9 055 000
Other Income	303 000	−507 000	277 000	93 000
Revenue	21 066 000	18 980 000	14 238 000	9 148 000
Cost of Goods Sold	17 800 000	16 155 000	11 548 000	8 113 000
Salary Costs	1 682 000	1 645 000	1 372 000	622 000
Depreciation	8 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	20 146 000	18 671 000	13 727 000	9 463 000
Operating Profit	921 000	309 000	511 000	−315 000
Financial Income	0	0	0	0
Financial Costs	32 000	31 000	26 000	41 000
Financial Balance	−32 000	−31 000	−26 000	−41 000
Dividends	0	0	0	0
Net Income	692 000	216 000	378 000	−240 000

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	27 000	35 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	27 000	35 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	35 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 746 000	917 000	45 000	938 000
Total Current Assets	6 221 000	4 906 000	5 089 000	3 135 000
Total Assets	6 248 000	4 941 000	5 089 000	3 135 000
Total Equity	1 845 000	1 753 000	666 000	371 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 244 000	751 000	500 000	0
Creditors	1 687 000	1 316 000	1 426 000	2 406 000
Unpaid Taxes	442 000	103 000	75 000	42 000
Dividends	0	0	0	0
Other Current Debt	1 030 000	1 018 000	1 777 000	316 000
Total Current Debt	3 159 000	2 437 000	3 923 000	2 764 000
Total Equity and Debt	6 248 000	4 941 000	5 089 000	3 135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,51 %	12,32 %	56,76 %	−64,69 %
Debt-to-Equity Ratio	0,67	0,43	0,75	0
Operating Profit Margin	4,37 %	1,63 %	3,59 %	−3,44 %
Current Ratio	1,97	2,01	1,3	1,13
Quick Ratio	1,97	2,01	1,3	1,13
Equity Ratio	0,3	0,35	0,13	0,12
Gross Profit Margin	15,5 %	14,88 %	18,89 %	11,31 %