FRETEX PLUSS AS

4315 SANDNES

Finances

Share Ownership

Return on Equity

−101,39 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	149 660 000	14 804 000	11 424 000	10 944 000
Net Income	−3 508 000	445 000	−206 000	−1 231 000
Total Assets	29 261 000	6 977 000	4 753 000	4 728 000
Total Equity	3 460 000	3 057 000	2 612 000	2 818 000

Income (NOK)	2022	2021	2020	2019
Revenue	149 660 000	14 804 000	11 424 000	10 944 000
Expenditure	152 956 000	14 368 000	11 636 000	12 207 000
Operating Profit	−3 296 000	436 000	−212 000	−1 262 000
Financial Income	115 000	11 000	9 000	37 000
Financial Costs	326 000	2 000	2 000	6 000
Financial Balance	−211 000	9 000	7 000	31 000
Earnings Before Tax	−3 508 000	445 000	−206 000	−1 231 000
Tax	0	0	0	0
Net Income	−3 508 000	445 000	−206 000	−1 231 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	448 000	41 000	111 000	0
Total Current Assets	28 812 000	6 936 000	4 642 000	4 728 000
Total Assets	29 261 000	6 977 000	4 753 000	4 728 000
Total Retained Equity	−2 540 000	−1 943 000	−2 388 000	−2 182 000
Total Equity	3 460 000	3 057 000	2 612 000	2 818 000
Total Long-Term Debt	1 300 000	0	0	0
Total Current Debt	24 501 000	3 920 000	2 141 000	1 910 000
Total Equity and Debt	29 261 000	6 977 000	4 753 000	4 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	205 000	618 000	494 000	402 000
Other Income	149 455 000	14 186 000	10 929 000	10 543 000
Revenue	149 660 000	14 804 000	11 424 000	10 944 000
Cost of Goods Sold	0	0	0	0
Salary Costs	121 433 000	11 122 000	3 432 000	738 000
Depreciation	1 011 000	70 000	27 000	0
Impairment	0	0	0	0
Expenditure	152 956 000	14 368 000	11 636 000	12 207 000
Operating Profit	−3 296 000	436 000	−212 000	−1 262 000
Financial Income	115 000	11 000	9 000	37 000
Financial Costs	326 000	2 000	2 000	6 000
Financial Balance	−211 000	9 000	7 000	31 000
Dividends	0	0	0	0
Net Income	−3 508 000	445 000	−206 000	−1 231 000

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	448 000	41 000	111 000	0
Total Tangible Assets	448 000	41 000	111 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	448 000	41 000	111 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 440 000	3 410 000	3 189 000	2 953 000
Total Current Assets	28 812 000	6 936 000	4 642 000	4 728 000
Total Assets	29 261 000	6 977 000	4 753 000	4 728 000
Total Equity	3 460 000	3 057 000	2 612 000	2 818 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 300 000	0	0	0
Creditors	3 476 000	1 114 000	221 000	792 000
Unpaid Taxes	6 224 000	692 000	392 000	37 000
Dividends	0	0	0	0
Other Current Debt	14 801 000	2 114 000	1 528 000	1 081 000
Total Current Debt	24 501 000	3 920 000	2 141 000	1 910 000
Total Equity and Debt	29 261 000	6 977 000	4 753 000	4 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−101,39 %	14,56 %	−7,89 %	−43,68 %
Debt-to-Equity Ratio	0,38	0	0	0
Operating Profit Margin	−2,2 %	2,95 %	−1,86 %	−11,53 %
Current Ratio	1,18	1,77	2,17	2,48
Quick Ratio	1,18	1,77	2,17	2,48
Equity Ratio	0,12	0,44	0,55	0,6
Gross Profit Margin	100 %	100 %	100 %	100 %