FRESESERVICE AS

4280 SKUDENESHAVN

Finances

Share Ownership

Return on Equity

26,58 %

Current Ratio

2,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 110 000	883 000	673 000	516 000
Net Income	80 000	255 000	243 000	287 000
Total Assets	381 000	668 000	650 000	490 000
Total Equity	301 000	220 000	216 000	273 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 110 000	883 000	673 000	516 000
Expenditure	1 007 000	557 000	362 000	148 000
Operating Profit	103 000	326 000	312 000	368 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	103 000	327 000	311 000	368 000
Tax	23 000	72 000	69 000	81 000
Net Income	80 000	255 000	243 000	287 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	171 000	12 000	0	21 000
Total Current Assets	210 000	656 000	650 000	469 000
Total Assets	381 000	668 000	650 000	490 000
Total Retained Equity	271 000	190 000	186 000	243 000
Total Equity	301 000	220 000	216 000	273 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	80 000	448 000	434 000	216 000
Total Equity and Debt	381 000	668 000	650 000	490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 110 000	883 000	673 000	516 000
Other Income	0	0	0	0
Revenue	1 110 000	883 000	673 000	516 000
Cost of Goods Sold	732 000	337 000	174 000	86 000
Salary Costs	0	0	0	0
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 007 000	557 000	362 000	148 000
Operating Profit	103 000	326 000	312 000	368 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	250 000	300 000	100 000
Net Income	80 000	255 000	243 000	287 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	12 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	162 000	0	0	0
Total Tangible Assets	162 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	21 000
Total Fixed Assets	171 000	12 000	0	21 000
Stock	18 000	18 000	0	0
Total Investments	0	0	0	0
Cash, Bank	175 000	458 000	548 000	341 000
Total Current Assets	210 000	656 000	650 000	469 000
Total Assets	381 000	668 000	650 000	490 000
Total Equity	301 000	220 000	216 000	273 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	8 000	34 000	4 000	2 000
Unpaid Taxes	−4 000	21 000	22 000	25 000
Dividends	0	250 000	300 000	100 000
Other Current Debt	57 000	58 000	40 000	9 000
Total Current Debt	80 000	448 000	434 000	216 000
Total Equity and Debt	381 000	668 000	650 000	490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,58 %	115,91 %	112,5 %	105,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,28 %	36,92 %	46,36 %	71,32 %
Current Ratio	2,63	1,46	1,5	2,17
Quick Ratio	3,39	1,53	1,5	2,17
Equity Ratio	0,79	0,33	0,33	0,56
Gross Profit Margin	34,05 %	61,83 %	74,15 %	83,33 %