FREYJANORGE AS

1338 SANDVIKA

Finances

Share Ownership

Return on Equity

46,78 %

Current Ratio

2,16

Debt-to-Equity Ratio

1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 965 000	6 641 000	5 828 000	6 383 000
Net Income	451 000	211 000	−120 000	−69 000
Total Assets	4 089 000	4 141 000	2 382 000	2 333 000
Total Equity	964 000	513 000	302 000	422 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 965 000	6 641 000	5 828 000	6 383 000
Expenditure	8 284 000	6 346 000	5 824 000	6 350 000
Operating Profit	680 000	296 000	4 000	33 000
Financial Income	23 000	33 000	14 000	11 000
Financial Costs	121 000	58 000	138 000	115 000
Financial Balance	−98 000	−25 000	−124 000	−104 000
Earnings Before Tax	582 000	271 000	−120 000	−71 000
Tax	131 000	60 000	0	−2 000
Net Income	451 000	211 000	−120 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	70 000	50 000	69 000
Total Current Assets	4 047 000	4 071 000	2 332 000	2 264 000
Total Assets	4 089 000	4 141 000	2 382 000	2 333 000
Total Retained Equity	564 000	113 000	−98 000	22 000
Total Equity	964 000	513 000	302 000	422 000
Total Long-Term Debt	1 250 000	1 250 000	0	0
Total Current Debt	1 875 000	2 378 000	2 080 000	1 911 000
Total Equity and Debt	4 089 000	4 141 000	2 382 000	2 333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 965 000	6 450 000	5 550 000	6 394 000
Other Income	0	191 000	278 000	−11 000
Revenue	8 965 000	6 641 000	5 828 000	6 383 000
Cost of Goods Sold	4 390 000	3 596 000	3 146 000	3 368 000
Salary Costs	1 895 000	1 007 000	1 078 000	1 415 000
Depreciation	28 000	24 000	19 000	19 000
Impairment	0	0	0	0
Expenditure	8 284 000	6 346 000	5 824 000	6 350 000
Operating Profit	680 000	296 000	4 000	33 000
Financial Income	23 000	33 000	14 000	11 000
Financial Costs	121 000	58 000	138 000	115 000
Financial Balance	−98 000	−25 000	−124 000	−104 000
Dividends	0	0	0	0
Net Income	451 000	211 000	−120 000	−69 000

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	42 000	70 000	50 000	69 000
Total Tangible Assets	42 000	70 000	50 000	69 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 000	70 000	50 000	69 000
Stock	1 391 000	1 497 000	2 007 000	2 007 000
Total Investments	0	0	0	0
Cash, Bank	2 433 000	2 361 000	27 000	66 000
Total Current Assets	4 047 000	4 071 000	2 332 000	2 264 000
Total Assets	4 089 000	4 141 000	2 382 000	2 333 000
Total Equity	964 000	513 000	302 000	422 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 250 000	1 250 000	0	0
Creditors	593 000	1 256 000	982 000	755 000
Unpaid Taxes	469 000	363 000	178 000	339 000
Dividends	0	0	0	0
Other Current Debt	682 000	699 000	678 000	638 000
Total Current Debt	1 875 000	2 378 000	2 080 000	1 911 000
Total Equity and Debt	4 089 000	4 141 000	2 382 000	2 333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,78 %	41,13 %	−39,74 %	−16,35 %
Debt-to-Equity Ratio	1,3	2,44	0	0
Operating Profit Margin	7,59 %	4,46 %	0,07 %	0,52 %
Current Ratio	2,16	1,71	1,12	1,18
Quick Ratio	8,36	4,62	31,95	−23,58
Equity Ratio	0,24	0,12	0,13	0,18
Gross Profit Margin	51,03 %	45,85 %	46,02 %	47,23 %