FREDØY AS

3714 SKIEN

Finances

Share Ownership

Return on Equity

160,87 %

Current Ratio

6,1

Debt-to-Equity Ratio

−42,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 887 000	7 850 000	3 550 000	5 754 000
Net Income	−185 000	301 000	−17 000	−72 000
Total Assets	5 732 000	4 450 000	5 401 000	3 322 000
Total Equity	−115 000	70 000	−138 000	−122 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 887 000	7 850 000	3 550 000	5 754 000
Expenditure	5 692 000	7 881 000	4 276 000	6 239 000
Operating Profit	41 000	482 000	−20 000	−140 000
Financial Income	0	0	0	0
Financial Costs	226 000	95 000	1 000	−46 000
Financial Balance	−226 000	−95 000	−1 000	46 000
Earnings Before Tax	−185 000	386 000	−21 000	−94 000
Tax	0	85 000	−5 000	−22 000
Net Income	−185 000	301 000	−17 000	−72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	118 000	12 000	47 000	42 000
Total Current Assets	5 614 000	4 438 000	5 355 000	3 280 000
Total Assets	5 732 000	4 450 000	5 401 000	3 322 000
Total Retained Equity	−140 000	45 000	−163 000	−146 000
Total Equity	−115 000	70 000	−138 000	−122 000
Total Long-Term Debt	4 926 000	4 049 000	5 210 000	3 200 000
Total Current Debt	921 000	331 000	329 000	243 000
Total Equity and Debt	5 732 000	4 450 000	5 401 000	3 322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 887 000	7 850 000	3 550 000	5 754 000
Other Income	0	0	0	0
Revenue	8 887 000	7 850 000	3 550 000	5 754 000
Cost of Goods Sold	4 117 000	6 953 000	3 337 000	5 711 000
Salary Costs	1 086 000	568 000	706 000	345 000
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 692 000	7 881 000	4 276 000	6 239 000
Operating Profit	41 000	482 000	−20 000	−140 000
Financial Income	0	0	0	0
Financial Costs	226 000	95 000	1 000	−46 000
Financial Balance	−226 000	−95 000	−1 000	46 000
Dividends	0	93 000	0	0
Net Income	−185 000	301 000	−17 000	−72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	47 000	42 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	51 000	0	0	0
Total Tangible Assets	51 000	0	0	0
Total Fiancial Fixed Assets	67 000	12 000	0	0
Total Fixed Assets	118 000	12 000	47 000	42 000
Stock	5 569 000	3 542 000	3 882 000	2 071 000
Total Investments	0	0	0	0
Cash, Bank	40 000	895 000	1 459 000	1 209 000
Total Current Assets	5 614 000	4 438 000	5 355 000	3 280 000
Total Assets	5 732 000	4 450 000	5 401 000	3 322 000
Total Equity	−115 000	70 000	−138 000	−122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 926 000	4 049 000	5 210 000	3 200 000
Creditors	70 000	36 000	26 000	14 000
Unpaid Taxes	130 000	75 000	31 000	115 000
Dividends	0	93 000	0	0
Other Current Debt	197 000	88 000	272 000	115 000
Total Current Debt	921 000	331 000	329 000	243 000
Total Equity and Debt	5 732 000	4 450 000	5 401 000	3 322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	160,87 %	430 %	12,32 %	59,02 %
Debt-to-Equity Ratio	−42,83	57,84	−37,75	−26,23
Operating Profit Margin	0,46 %	6,14 %	−0,56 %	−2,43 %
Current Ratio	6,1	13,41	16,28	13,5
Quick Ratio	−1,21	−1,38	−1,51	−1,79
Equity Ratio	−0,02	0,02	−0,03	−0,04
Gross Profit Margin	53,67 %	11,43 %	6 %	0,75 %