FREDSVOLD AS

6600 SUNNDALSØRA

Finances

Share Ownership

Return on Equity

−506,88 %

Current Ratio

0,02

Debt-to-Equity Ratio

−9,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 736 000	548 000	420 000	223 000
Net Income	1 399 000	−54 000	−243 000	−159 000
Total Assets	2 629 000	4 182 000	4 003 000	2 469 000
Total Equity	−276 000	−1 675 000	−1 621 000	−380 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 736 000	548 000	420 000	223 000
Expenditure	663 000	392 000	540 000	294 000
Operating Profit	2 073 000	156 000	−121 000	−71 000
Financial Income	0	0	0	0
Financial Costs	278 000	225 000	180 000	132 000
Financial Balance	−278 000	−225 000	−180 000	−132 000
Earnings Before Tax	1 796 000	−69 000	−301 000	−204 000
Tax	397 000	−15 000	−58 000	−45 000
Net Income	1 399 000	−54 000	−243 000	−159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 624 000	4 147 000	3 962 000	2 375 000
Total Current Assets	5 000	35 000	42 000	94 000
Total Assets	2 629 000	4 182 000	4 003 000	2 469 000
Total Retained Equity	−306 000	−1 705 000	−1 651 000	−410 000
Total Equity	−276 000	−1 675 000	−1 621 000	−380 000
Total Long-Term Debt	2 662 000	5 840 000	5 613 000	2 705 000
Total Current Debt	243 000	17 000	11 000	145 000
Total Equity and Debt	2 629 000	4 182 000	4 003 000	2 469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 736 000	548 000	420 000	223 000
Revenue	2 736 000	548 000	420 000	223 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	46 000	50 000	45 000	23 000
Impairment	0	0	0	0
Expenditure	663 000	392 000	540 000	294 000
Operating Profit	2 073 000	156 000	−121 000	−71 000
Financial Income	0	0	0	0
Financial Costs	278 000	225 000	180 000	132 000
Financial Balance	−278 000	−225 000	−180 000	−132 000
Dividends	0	0	0	0
Net Income	1 399 000	−54 000	−243 000	−159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	196 000	181 000	116 000
Real Eastate	2 585 000	3 931 000	3 755 000	2 260 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	20 000	26 000	0
Total Tangible Assets	2 599 000	3 951 000	3 780 000	2 260 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 624 000	4 147 000	3 962 000	2 375 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	34 000	15 000	8 000
Total Current Assets	5 000	35 000	42 000	94 000
Total Assets	2 629 000	4 182 000	4 003 000	2 469 000
Total Equity	−276 000	−1 675 000	−1 621 000	−380 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 662 000	5 840 000	5 613 000	2 705 000
Creditors	15 000	17 000	11 000	24 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	0	0	120 000
Total Current Debt	243 000	17 000	11 000	145 000
Total Equity and Debt	2 629 000	4 182 000	4 003 000	2 469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−506,88 %	3,22 %	14,99 %	41,84 %
Debt-to-Equity Ratio	−9,64	−3,49	−3,46	−7,12
Operating Profit Margin	75,77 %	28,47 %	−28,81 %	−31,84 %
Current Ratio	0,02	2,06	3,82	0,65
Quick Ratio	0,02	2,06	3,82	0,65
Equity Ratio	−0,1	−0,4	−0,4	−0,15
Gross Profit Margin	100 %	100 %	100 %	100 %