FREDENSBORG FRITID AS

0255 OSLO

Finances

Return on Equity

11,61 %

Current Ratio

0,78

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 937 000	15 853 000	11 108 000	7 236 000
Net Income	71 919 000	−2 081 000	−1 291 000	−4 515 000
Total Assets	918 447 000	699 871 000	488 366 000	441 109 000
Total Equity	619 665 000	547 746 000	424 178 000	425 469 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 937 000	15 853 000	11 108 000	7 236 000
Expenditure	31 057 000	25 608 000	20 420 000	15 721 000
Operating Profit	−11 119 000	−9 755 000	−9 312 000	−8 484 000
Financial Income	93 118 000	37 034 000	8 707 000	2 978 000
Financial Costs	6 864 000	31 520 000	1 050 000	174 000
Financial Balance	86 254 000	5 514 000	7 657 000	2 804 000
Earnings Before Tax	75 136 000	−4 241 000	−1 655 000	−5 681 000
Tax	3 217 000	−2 160 000	−364 000	−1 166 000
Net Income	71 919 000	−2 081 000	−1 291 000	−4 515 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	773 610 000	571 706 000	356 538 000	338 119 000
Total Current Assets	144 837 000	128 165 000	131 828 000	102 990 000
Total Assets	918 447 000	699 871 000	488 366 000	441 109 000
Total Retained Equity	69 838 000	−2 081 000	0	0
Total Equity	619 665 000	547 746 000	424 178 000	425 469 000
Total Long-Term Debt	113 403 000	133 377 000	0	0
Total Current Debt	185 378 000	18 748 000	64 188 000	15 640 000
Total Equity and Debt	918 447 000	699 871 000	488 366 000	441 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 937 000	15 829 000	10 988 000	6 623 000
Other Income	0	24 000	120 000	613 000
Revenue	19 937 000	15 853 000	11 108 000	7 236 000
Cost of Goods Sold	155 000	26 000	233 000	68 000
Salary Costs	23 685 000	20 108 000	15 476 000	11 827 000
Depreciation	215 000	220 000	203 000	46 000
Impairment	35 000	29 000	0	0
Expenditure	31 057 000	25 608 000	20 420 000	15 721 000
Operating Profit	−11 119 000	−9 755 000	−9 312 000	−8 484 000
Financial Income	93 118 000	37 034 000	8 707 000	2 978 000
Financial Costs	6 864 000	31 520 000	1 050 000	174 000
Financial Balance	86 254 000	5 514 000	7 657 000	2 804 000
Dividends	0	0	0	0
Net Income	71 919 000	−2 081 000	−1 291 000	−4 515 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	474 000	3 691 000	1 530 000	1 166 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	650 000	137 000
Fixtures	560 000	808 000	657 000	426 000
Total Tangible Assets	560 000	808 000	1 307 000	563 000
Total Fiancial Fixed Assets	772 577 000	567 208 000	353 701 000	336 390 000
Total Fixed Assets	773 610 000	571 706 000	356 538 000	338 119 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	55 983 000	56 088 000	8 980 000	12 403 000
Total Current Assets	144 837 000	128 165 000	131 828 000	102 990 000
Total Assets	918 447 000	699 871 000	488 366 000	441 109 000
Total Equity	619 665 000	547 746 000	424 178 000	425 469 000
Short-Term Group Debt	180 608 000	14 623 000	61 260 000	11 773 000
Total Long-Term Debt	113 403 000	133 377 000	0	0
Creditors	772 000	324 000	300 000	91 000
Unpaid Taxes	1 455 000	1 791 000	1 214 000	2 524 000
Dividends	0	0	0	0
Other Current Debt	2 543 000	2 010 000	1 414 000	1 252 000
Total Current Debt	185 378 000	18 748 000	64 188 000	15 640 000
Total Equity and Debt	918 447 000	699 871 000	488 366 000	441 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,61 %	−0,38 %	−0,3 %	−1,06 %
Debt-to-Equity Ratio	0,18	0,24	0	0
Operating Profit Margin	−55,77 %	−61,53 %	−83,83 %	−117,25 %
Current Ratio	0,78	6,84	2,05	6,59
Quick Ratio	0,78	6,84	2,05	6,59
Equity Ratio	0,67	0,78	0,87	0,96
Gross Profit Margin	99,22 %	99,84 %	97,9 %	99,06 %