FRIENDS AT WORK AS

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

43,01 %

Current Ratio

0,08

Debt-to-Equity Ratio

−0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 128 000	7 178 000	6 541 000	800 000
Net Income	−2 970 000	−2 558 000	−4 712 000	−689 000
Total Assets	4 609 000	4 030 000	3 834 000	1 696 000
Total Equity	−6 905 000	−3 935 000	−5 377 000	−665 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 128 000	7 178 000	6 541 000	800 000
Expenditure	11 839 000	10 439 000	12 734 000	1 477 000
Operating Profit	−3 711 000	−3 261 000	−6 193 000	−678 000
Financial Income	0	1 000	0	0
Financial Costs	96 000	19 000	42 000	12 000
Financial Balance	−96 000	−18 000	−42 000	−12 000
Earnings Before Tax	−3 808 000	−3 279 000	−6 236 000	−689 000
Tax	−838 000	−721 000	−1 524 000	0
Net Income	−2 970 000	−2 558 000	−4 712 000	−689 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 907 000	3 216 000	2 443 000	968 000
Total Current Assets	702 000	814 000	1 392 000	728 000
Total Assets	4 609 000	4 030 000	3 834 000	1 696 000
Total Retained Equity	−10 929 000	−7 959 000	−5 401 000	−689 000
Total Equity	−6 905 000	−3 935 000	−5 377 000	−665 000
Total Long-Term Debt	3 122 000	403 000	1 611 000	1 350 000
Total Current Debt	8 391 000	7 562 000	7 600 000	1 011 000
Total Equity and Debt	4 609 000	4 030 000	3 834 000	1 696 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 122 000	7 178 000	6 541 000	366 000
Other Income	6 000	0	0	434 000
Revenue	8 128 000	7 178 000	6 541 000	800 000
Cost of Goods Sold	1 131 000	758 000	1 103 000	179 000
Salary Costs	0	0	0	0
Depreciation	315 000	249 000	217 000	33 000
Impairment	0	0	0	0
Expenditure	11 839 000	10 439 000	12 734 000	1 477 000
Operating Profit	−3 711 000	−3 261 000	−6 193 000	−678 000
Financial Income	0	1 000	0	0
Financial Costs	96 000	19 000	42 000	12 000
Financial Balance	−96 000	−18 000	−42 000	−12 000
Dividends	0	0	0	0
Net Income	−2 970 000	−2 558 000	−4 712 000	−689 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 085 000	2 248 000	1 526 000	0
Real Eastate	212 000	296 000	399 000	458 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	610 000	672 000	517 000	510 000
Total Tangible Assets	822 000	968 000	916 000	968 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 907 000	3 216 000	2 443 000	968 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	197 000	452 000	1 146 000	121 000
Total Current Assets	702 000	814 000	1 392 000	728 000
Total Assets	4 609 000	4 030 000	3 834 000	1 696 000
Total Equity	−6 905 000	−3 935 000	−5 377 000	−665 000
Short-Term Group Debt	0	0	0	11 000
Total Long-Term Debt	3 122 000	403 000	1 611 000	1 350 000
Creditors	362 000	239 000	261 000	905 000
Unpaid Taxes	0	0	187 000	0
Dividends	0	0	0	0
Other Current Debt	8 030 000	7 322 000	7 149 000	106 000
Total Current Debt	8 391 000	7 562 000	7 600 000	1 011 000
Total Equity and Debt	4 609 000	4 030 000	3 834 000	1 696 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,01 %	65,01 %	87,63 %	103,61 %
Debt-to-Equity Ratio	−0,45	−0,1	−0,3	−2,03
Operating Profit Margin	−45,66 %	−45,43 %	−94,68 %	−84,75 %
Current Ratio	0,08	0,11	0,18	0,72
Quick Ratio	0,08	0,11	0,18	0,72
Equity Ratio	−1,5	−0,98	−1,4	−0,39
Gross Profit Margin	86,09 %	89,44 %	83,14 %	77,63 %