FREDENSBORG 11 AS

3770 KRAGERØ

Finances

Return on Equity

−186,55 %

Current Ratio

7,12

Debt-to-Equity Ratio

17,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	115 000
Net Income	−13 605 000	−12 481 000	−485 000	−9 035 000
Total Assets	150 050 000	95 606 000	137 170 000	98 949 000
Total Equity	7 293 000	20 898 000	23 379 000	16 993 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	115 000
Expenditure	73 000	77 000	35 000	164 000
Operating Profit	−73 000	−77 000	−35 000	−49 000
Financial Income	4 075 000	2 346 000	1 408 000	2 855 000
Financial Costs	17 607 000	14 749 000	1 994 000	11 710 000
Financial Balance	−13 532 000	−12 403 000	−586 000	−8 855 000
Earnings Before Tax	−13 605 000	−12 481 000	−621 000	−8 904 000
Tax	0	0	−137 000	131 000
Net Income	−13 605 000	−12 481 000	−485 000	−9 035 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 837 000	57 337 000	66 576 000	50 997 000
Total Current Assets	91 213 000	38 268 000	70 594 000	47 952 000
Total Assets	150 050 000	95 606 000	137 170 000	98 949 000
Total Retained Equity	−34 614 000	−21 009 000	−8 528 000	−8 044 000
Total Equity	7 293 000	20 898 000	23 379 000	16 993 000
Total Long-Term Debt	129 948 000	68 196 000	102 605 000	72 054 000
Total Current Debt	12 809 000	6 511 000	11 186 000	9 901 000
Total Equity and Debt	150 050 000	95 606 000	137 170 000	98 949 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	115 000
Other Income	0	0	0	0
Revenue	0	0	0	115 000
Cost of Goods Sold	0	0	0	115 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	73 000	77 000	35 000	164 000
Operating Profit	−73 000	−77 000	−35 000	−49 000
Financial Income	4 075 000	2 346 000	1 408 000	2 855 000
Financial Costs	17 607 000	14 749 000	1 994 000	11 710 000
Financial Balance	−13 532 000	−12 403 000	−586 000	−8 855 000
Dividends	0	0	0	0
Net Income	−13 605 000	−12 481 000	−485 000	−9 035 000

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	58 837 000	57 337 000	66 576 000	50 997 000
Total Fixed Assets	58 837 000	57 337 000	66 576 000	50 997 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	6 000	15 000	308 000
Total Current Assets	91 213 000	38 268 000	70 594 000	47 952 000
Total Assets	150 050 000	95 606 000	137 170 000	98 949 000
Total Equity	7 293 000	20 898 000	23 379 000	16 993 000
Short-Term Group Debt	12 800 000	6 500 000	11 186 000	9 885 000
Total Long-Term Debt	129 948 000	68 196 000	102 605 000	72 054 000
Creditors	0	0	0	16 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	11 000	0	0
Total Current Debt	12 809 000	6 511 000	11 186 000	9 901 000
Total Equity and Debt	150 050 000	95 606 000	137 170 000	98 949 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−186,55 %	−59,72 %	−2,07 %	−53,17 %
Debt-to-Equity Ratio	17,82	3,26	4,39	4,24
Operating Profit Margin	-	-	-	−42,61 %
Current Ratio	7,12	5,88	6,31	4,84
Quick Ratio	7,12	5,88	6,31	4,84
Equity Ratio	0,05	0,22	0,17	0,17
Gross Profit Margin	-	-	-	0 %