FREDENSBORG 18 AS

0255 OSLO

Finances

Return on Equity

1,64 %

Current Ratio

6,8

Debt-to-Equity Ratio

2,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	976 000	1 043 000	594 000	0
Net Income	602 000	−76 000	−160 000	−50 000
Total Assets	128 973 000	97 136 000	85 255 000	51 018 000
Total Equity	36 675 000	36 746 000	36 821 000	16 981 000

Income (NOK)	2022	2021	2020	2019
Revenue	976 000	1 043 000	594 000	0
Expenditure	1 644 000	365 000	259 000	4 000
Operating Profit	−669 000	679 000	335 000	−4 000
Financial Income	2 091 000	1 026 000	2 000	3 000
Financial Costs	630 000	1 720 000	542 000	64 000
Financial Balance	1 461 000	−694 000	−540 000	−61 000
Earnings Before Tax	792 000	−15 000	−205 000	−66 000
Tax	190 000	61 000	−45 000	−16 000
Net Income	602 000	−76 000	−160 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 099 000	96 690 000	84 825 000	33 701 000
Total Current Assets	27 874 000	446 000	430 000	17 317 000
Total Assets	128 973 000	97 136 000	85 255 000	51 018 000
Total Retained Equity	−356 000	−286 000	−210 000	−50 000
Total Equity	36 675 000	36 746 000	36 821 000	16 981 000
Total Long-Term Debt	88 200 000	59 284 000	20 733 000	33 485 000
Total Current Debt	4 098 000	1 106 000	27 700 000	551 000
Total Equity and Debt	128 973 000	97 136 000	85 255 000	51 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	976 000	1 043 000	594 000	0
Revenue	976 000	1 043 000	594 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	10 000	25 000	0
Depreciation	972 000	215 000	59 000	0
Impairment	0	0	0	0
Expenditure	1 644 000	365 000	259 000	4 000
Operating Profit	−669 000	679 000	335 000	−4 000
Financial Income	2 091 000	1 026 000	2 000	3 000
Financial Costs	630 000	1 720 000	542 000	64 000
Financial Balance	1 461 000	−694 000	−540 000	−61 000
Dividends	0	0	0	0
Net Income	602 000	−76 000	−160 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	61 000	16 000
Real Eastate	50 704 000	51 840 000	51 840 000	33 685 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 554 000	968 000	923 000	0
Total Tangible Assets	52 258 000	52 809 000	52 764 000	33 685 000
Total Fiancial Fixed Assets	48 841 000	43 881 000	32 000 000	0
Total Fixed Assets	101 099 000	96 690 000	84 825 000	33 701 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 077 000	445 000	394 000	317 000
Total Current Assets	27 874 000	446 000	430 000	17 317 000
Total Assets	128 973 000	97 136 000	85 255 000	51 018 000
Total Equity	36 675 000	36 746 000	36 821 000	16 981 000
Short-Term Group Debt	3 862 000	1 000 000	27 700 000	0
Total Long-Term Debt	88 200 000	59 284 000	20 733 000	33 485 000
Creditors	0	101 000	0	551 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	236 000	6 000	0	0
Total Current Debt	4 098 000	1 106 000	27 700 000	551 000
Total Equity and Debt	128 973 000	97 136 000	85 255 000	51 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,64 %	−0,21 %	−0,43 %	−0,29 %
Debt-to-Equity Ratio	2,4	1,61	0,56	1,97
Operating Profit Margin	−68,55 %	65,1 %	56,4 %	-
Current Ratio	6,8	0,4	0,02	31,43
Quick Ratio	6,8	0,4	0,02	31,43
Equity Ratio	0,28	0,38	0,43	0,33
Gross Profit Margin	100 %	100 %	100 %	-