FRENNING HOLDING AS

2335 STANGE

Finances

Return on Equity

7,43 %

Current Ratio

0,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	943 000	−38 000	−13 000	−9 000
Total Assets	14 864 000	4 252 000	144 000	9 000
Total Equity	12 693 000	1 180 000	117 000	−6 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	19 000	32 000	13 000	9 000
Operating Profit	−19 000	−32 000	−13 000	−9 000
Financial Income	1 112 000	0	0	0
Financial Costs	149 000	7 000	0	0
Financial Balance	963 000	−7 000	0	0
Earnings Before Tax	943 000	−38 000	−13 000	−9 000
Tax	0	0	0	0
Net Income	943 000	−38 000	−13 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 774 000	4 174 000	0	0
Total Current Assets	90 000	78 000	144 000	9 000
Total Assets	14 864 000	4 252 000	144 000	9 000
Total Retained Equity	943 000	−20 000	0	−36 000
Total Equity	12 693 000	1 180 000	117 000	−6 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 171 000	3 072 000	28 000	16 000
Total Equity and Debt	14 864 000	4 252 000	144 000	9 000

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	19 000	32 000	13 000	9 000
Operating Profit	−19 000	−32 000	−13 000	−9 000
Financial Income	1 112 000	0	0	0
Financial Costs	149 000	7 000	0	0
Financial Balance	963 000	−7 000	0	0
Dividends	0	0	0	0
Net Income	943 000	−38 000	−13 000	−9 000

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	14 774 000	4 174 000	0	0
Total Fixed Assets	14 774 000	4 174 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	90 000	78 000	144 000	9 000
Total Current Assets	90 000	78 000	144 000	9 000
Total Assets	14 864 000	4 252 000	144 000	9 000
Total Equity	12 693 000	1 180 000	117 000	−6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	12 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	57 000	22 000	16 000	16 000
Total Current Debt	2 171 000	3 072 000	28 000	16 000
Total Equity and Debt	14 864 000	4 252 000	144 000	9 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,43 %	−3,22 %	−11,11 %	150 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	-	-	-	-
Current Ratio	0,04	0,03	5,14	0,56
Quick Ratio	0,04	0,03	5,14	0,56
Equity Ratio	0,85	0,28	0,81	−0,67
Gross Profit Margin	-	-	-	-