FREDENSBORG KRAGERØ AS

3770 KRAGERØ

Finances

Return on Equity

−8,22 %

Current Ratio

0,97

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 673 000	2 530 000	0	0
Net Income	−8 424 000	−5 698 000	−5 000	−9 000
Total Assets	368 124 000	260 507 000	42 000	40 000
Total Equity	102 438 000	230 000	18 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 673 000	2 530 000	0	0
Expenditure	8 981 000	5 793 000	6 000	12 000
Operating Profit	−2 309 000	−3 262 000	−6 000	−12 000
Financial Income	11 595 000	3 448 000	0	1 000
Financial Costs	17 710 000	5 880 000	0	0
Financial Balance	−6 115 000	−2 432 000	0	1 000
Earnings Before Tax	−8 424 000	−5 694 000	−6 000	−12 000
Tax	0	4 000	−1 000	−3 000
Net Income	−8 424 000	−5 698 000	−5 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 723 000	113 891 000	4 000	3 000
Total Current Assets	248 401 000	146 616 000	38 000	38 000
Total Assets	368 124 000	260 507 000	42 000	40 000
Total Retained Equity	−7 592 000	200 000	−12 000	−8 000
Total Equity	102 438 000	230 000	18 000	22 000
Total Long-Term Debt	10 113 000	10 750 000	0	0
Total Current Debt	255 574 000	249 527 000	24 000	18 000
Total Equity and Debt	368 124 000	260 507 000	42 000	40 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 673 000	2 530 000	0	0
Other Income	0	0	0	0
Revenue	6 673 000	2 530 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	3 198 000	1 964 000	0	0
Depreciation	107 000	77 000	0	0
Impairment	0	0	0	0
Expenditure	8 981 000	5 793 000	6 000	12 000
Operating Profit	−2 309 000	−3 262 000	−6 000	−12 000
Financial Income	11 595 000	3 448 000	0	1 000
Financial Costs	17 710 000	5 880 000	0	0
Financial Balance	−6 115 000	−2 432 000	0	1 000
Dividends	0	0	0	0
Net Income	−8 424 000	−5 698 000	−5 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 000	3 000
Real Eastate	5 085 000	0	0	0
Machinery and Plant Facilities	230 000	483 000	0	0
Fixtures	42 000	72 000	0	0
Total Tangible Assets	5 357 000	555 000	0	0
Total Fiancial Fixed Assets	114 366 000	113 336 000	0	0
Total Fixed Assets	119 723 000	113 891 000	4 000	3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 508 000	555 000	38 000	38 000
Total Current Assets	248 401 000	146 616 000	38 000	38 000
Total Assets	368 124 000	260 507 000	42 000	40 000
Total Equity	102 438 000	230 000	18 000	22 000
Short-Term Group Debt	253 310 000	248 824 000	24 000	18 000
Total Long-Term Debt	10 113 000	10 750 000	0	0
Creditors	816 000	279 000	0	0
Unpaid Taxes	415 000	176 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 033 000	249 000	0	0
Total Current Debt	255 574 000	249 527 000	24 000	18 000
Total Equity and Debt	368 124 000	260 507 000	42 000	40 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,22 %	−2 477,39 %	−27,78 %	−40,91 %
Debt-to-Equity Ratio	0,1	46,74	0	0
Operating Profit Margin	−34,6 %	−128,93 %	-	-
Current Ratio	0,97	0,59	1,58	2,11
Quick Ratio	0,97	0,59	1,58	2,11
Equity Ratio	0,28	0	0,43	0,55
Gross Profit Margin	100 %	100 %	-	-