FRIVOLDVEIEN 52 AS

4877 GRIMSTAD

Finances

Share Ownership

Return on Equity

−0,99 %

Current Ratio

Debt-to-Equity Ratio

1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	165 000	165 000	180 000	170 000
Net Income	−15 000	−71 000	−80 000	−90 000
Total Assets	3 714 000	4 202 000	3 872 000	3 943 000
Total Equity	1 514 000	329 000	−5 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	165 000	165 000	180 000	170 000
Expenditure	70 000	109 000	126 000	132 000
Operating Profit	95 000	56 000	54 000	38 000
Financial Income	0	0	0	0
Financial Costs	115 000	147 000	156 000	154 000
Financial Balance	−115 000	−147 000	−156 000	−154 000
Earnings Before Tax	−20 000	−91 000	−102 000	−116 000
Tax	−4 000	−20 000	−22 000	−25 000
Net Income	−15 000	−71 000	−80 000	−90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 678 000	3 674 000	3 841 000	3 891 000
Total Current Assets	36 000	529 000	31 000	51 000
Total Assets	3 714 000	4 202 000	3 872 000	3 943 000
Total Retained Equity	−186 000	−576 000	−505 000	−426 000
Total Equity	1 514 000	329 000	−5 000	74 000
Total Long-Term Debt	2 182 000	3 848 000	3 846 000	3 841 000
Total Current Debt	18 000	25 000	31 000	28 000
Total Equity and Debt	3 714 000	4 202 000	3 872 000	3 943 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	165 000	165 000	180 000	170 000
Revenue	165 000	165 000	180 000	170 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	73 000	73 000	73 000
Impairment	0	0	0	0
Expenditure	70 000	109 000	126 000	132 000
Operating Profit	95 000	56 000	54 000	38 000
Financial Income	0	0	0	0
Financial Costs	115 000	147 000	156 000	154 000
Financial Balance	−115 000	−147 000	−156 000	−154 000
Dividends	0	0	0	0
Net Income	−15 000	−71 000	−80 000	−90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	48 000	143 000	120 000
Real Eastate	3 626 000	3 626 000	3 699 000	3 771 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 626 000	3 626 000	3 699 000	3 771 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 678 000	3 674 000	3 841 000	3 891 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	36 000	9 000	31 000	48 000
Total Current Assets	36 000	529 000	31 000	51 000
Total Assets	3 714 000	4 202 000	3 872 000	3 943 000
Total Equity	1 514 000	329 000	−5 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 182 000	3 848 000	3 846 000	3 841 000
Creditors	0	0	6 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 000	25 000	25 000	28 000
Total Current Debt	18 000	25 000	31 000	28 000
Total Equity and Debt	3 714 000	4 202 000	3 872 000	3 943 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,99 %	−21,58 %	1 600 %	−121,62 %
Debt-to-Equity Ratio	1,44	11,7	−769,2	51,91
Operating Profit Margin	57,58 %	33,94 %	30 %	22,35 %
Current Ratio	2	21,16	1	1,82
Quick Ratio	2	21,16	1	1,82
Equity Ratio	0,41	0,08	−0	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %