FREDVANG UTVIKLING AS

8387 FREDVANG

Finances

Share Ownership

Return on Equity

−240 %

Current Ratio

2,39

Debt-to-Equity Ratio

135,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 169 000	770 000	389 000	730 000
Net Income	−156 000	−420 000	−631 000	−96 000
Total Assets	8 992 000	9 016 000	8 641 000	8 836 000
Total Equity	65 000	220 000	640 000	1 271 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 169 000	770 000	389 000	730 000
Expenditure	958 000	894 000	713 000	505 000
Operating Profit	210 000	−124 000	−323 000	225 000
Financial Income	19 000	0	0	0
Financial Costs	385 000	296 000	308 000	322 000
Financial Balance	−366 000	−296 000	−308 000	−322 000
Earnings Before Tax	−156 000	−420 000	−631 000	−96 000
Tax	0	0	0	0
Net Income	−156 000	−420 000	−631 000	−96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 717 000	8 699 000	8 346 000	8 360 000
Total Current Assets	275 000	317 000	295 000	476 000
Total Assets	8 992 000	9 016 000	8 641 000	8 836 000
Total Retained Equity	0	0	0	0
Total Equity	65 000	220 000	640 000	1 271 000
Total Long-Term Debt	8 813 000	8 580 000	7 926 000	7 291 000
Total Current Debt	115 000	216 000	75 000	273 000
Total Equity and Debt	8 992 000	9 016 000	8 641 000	8 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 169 000	518 000	389 000	730 000
Other Income	0	252 000	0	0
Revenue	1 169 000	770 000	389 000	730 000
Cost of Goods Sold	0	0	0	0
Salary Costs	140 000	171 000	0	12 000
Depreciation	77 000	66 000	78 000	67 000
Impairment	0	0	0	0
Expenditure	958 000	894 000	713 000	505 000
Operating Profit	210 000	−124 000	−323 000	225 000
Financial Income	19 000	0	0	0
Financial Costs	385 000	296 000	308 000	322 000
Financial Balance	−366 000	−296 000	−308 000	−322 000
Dividends	0	0	0	0
Net Income	−156 000	−420 000	−631 000	−96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 301 000	1 304 000	1 290 000	1 282 000
Real Eastate	6 641 000	6 639 000	6 224 000	6 232 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	415 000	367 000	422 000	436 000
Total Tangible Assets	7 056 000	7 005 000	6 646 000	6 668 000
Total Fiancial Fixed Assets	360 000	390 000	410 000	410 000
Total Fixed Assets	8 717 000	8 699 000	8 346 000	8 360 000
Stock	0	0	0	0
Total Investments	178 000	159 000	159 000	159 000
Cash, Bank	10 000	9 000	38 000	21 000
Total Current Assets	275 000	317 000	295 000	476 000
Total Assets	8 992 000	9 016 000	8 641 000	8 836 000
Total Equity	65 000	220 000	640 000	1 271 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 813 000	8 580 000	7 926 000	7 291 000
Creditors	81 000	147 000	68 000	269 000
Unpaid Taxes	11 000	9 000	0	0
Dividends	0	0	0	0
Other Current Debt	23 000	60 000	7 000	4 000
Total Current Debt	115 000	216 000	75 000	273 000
Total Equity and Debt	8 992 000	9 016 000	8 641 000	8 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−240 %	−190,91 %	−98,59 %	−7,55 %
Debt-to-Equity Ratio	135,58	39	12,38	5,74
Operating Profit Margin	17,96 %	−16,1 %	−83,03 %	30,82 %
Current Ratio	2,39	1,47	3,93	1,74
Quick Ratio	2,39	1,47	3,93	1,74
Equity Ratio	0,01	0,02	0,07	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %