FREMSKRIDT 4 AS

1605 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

2,78 %

Current Ratio

5,42

Debt-to-Equity Ratio

76,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 383 000	1 109 000	986 000	967 000
Net Income	5 000	64 000	57 000	−230 000
Total Assets	13 919 000	8 372 000	8 647 000	8 765 000
Total Equity	180 000	174 000	111 000	54 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 383 000	1 109 000	986 000	967 000
Expenditure	816 000	725 000	525 000	882 000
Operating Profit	566 000	384 000	461 000	85 000
Financial Income	0	4 000	0	0
Financial Costs	560 000	305 000	388 000	379 000
Financial Balance	−560 000	−301 000	−388 000	−379 000
Earnings Before Tax	7 000	82 000	73 000	−294 000
Tax	2 000	18 000	16 000	−65 000
Net Income	5 000	64 000	57 000	−230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 636 000	8 089 000	8 497 000	8 753 000
Total Current Assets	282 000	283 000	150 000	12 000
Total Assets	13 919 000	8 372 000	8 647 000	8 765 000
Total Retained Equity	110 000	104 000	41 000	−16 000
Total Equity	180 000	174 000	111 000	54 000
Total Long-Term Debt	13 687 000	8 093 000	8 243 000	8 391 000
Total Current Debt	52 000	105 000	293 000	320 000
Total Equity and Debt	13 919 000	8 372 000	8 647 000	8 765 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 383 000	1 109 000	986 000	967 000
Revenue	1 383 000	1 109 000	986 000	967 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	333 000	266 000	263 000	263 000
Impairment	0	0	0	0
Expenditure	816 000	725 000	525 000	882 000
Operating Profit	566 000	384 000	461 000	85 000
Financial Income	0	4 000	0	0
Financial Costs	560 000	305 000	388 000	379 000
Financial Balance	−560 000	−301 000	−388 000	−379 000
Dividends	0	0	0	0
Net Income	5 000	64 000	57 000	−230 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	57 000	59 000	77 000	93 000
Real Eastate	10 923 000	5 292 000	5 558 000	5 673 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	0	0	0
Total Tangible Assets	10 965 000	5 292 000	5 558 000	5 673 000
Total Fiancial Fixed Assets	2 614 000	2 738 000	2 863 000	2 987 000
Total Fixed Assets	13 636 000	8 089 000	8 497 000	8 753 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	266 000	283 000	145 000	8 000
Total Current Assets	282 000	283 000	150 000	12 000
Total Assets	13 919 000	8 372 000	8 647 000	8 765 000
Total Equity	180 000	174 000	111 000	54 000
Short-Term Group Debt	26 000	0	0	0
Total Long-Term Debt	13 687 000	8 093 000	8 243 000	8 391 000
Creditors	17 000	13 000	13 000	39 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	92 000	281 000	281 000
Total Current Debt	52 000	105 000	293 000	320 000
Total Equity and Debt	13 919 000	8 372 000	8 647 000	8 765 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,78 %	36,78 %	51,35 %	−425,93 %
Debt-to-Equity Ratio	76,04	46,51	74,26	155,39
Operating Profit Margin	40,93 %	34,63 %	46,75 %	8,79 %
Current Ratio	5,42	2,7	0,51	0,04
Quick Ratio	5,42	2,7	0,51	0,04
Equity Ratio	0,01	0,02	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %