FRII OF NORWAY AS

4638 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

718,01 %

Current Ratio

1,64

Debt-to-Equity Ratio

−2,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 667 000	6 604 000	6 746 000	2 710 000
Net Income	−5 263 000	−688 000	194 000	−1 697 000
Total Assets	3 230 000	1 471 000	2 582 000	1 786 000
Total Equity	−733 000	−2 095 000	−1 407 000	−1 601 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 667 000	6 604 000	6 746 000	2 710 000
Expenditure	11 858 000	7 166 000	6 659 000	4 397 000
Operating Profit	−5 191 000	−562 000	86 000	−1 688 000
Financial Income	204 000	41 000	153 000	1 000
Financial Costs	276 000	167 000	45 000	10 000
Financial Balance	−72 000	−126 000	108 000	−9 000
Earnings Before Tax	−5 263 000	−688 000	194 000	−1 697 000
Tax	0	0	0	0
Net Income	−5 263 000	−688 000	194 000	−1 697 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	164 000	362 000	295 000
Total Current Assets	3 195 000	1 307 000	2 221 000	1 491 000
Total Assets	3 230 000	1 471 000	2 582 000	1 786 000
Total Retained Equity	−7 452 000	−2 189 000	−1 502 000	−1 695 000
Total Equity	−733 000	−2 095 000	−1 407 000	−1 601 000
Total Long-Term Debt	2 013 000	2 985 000	2 495 000	3 003 000
Total Current Debt	1 949 000	582 000	1 495 000	384 000
Total Equity and Debt	3 230 000	1 471 000	2 582 000	1 786 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 667 000	6 159 000	6 746 000	2 678 000
Other Income	0	444 000	0	32 000
Revenue	6 667 000	6 604 000	6 746 000	2 710 000
Cost of Goods Sold	5 316 000	3 456 000	3 677 000	1 743 000
Salary Costs	1 191 000	968 000	514 000	21 000
Depreciation	129 000	198 000	163 000	68 000
Impairment	0	0	0	0
Expenditure	11 858 000	7 166 000	6 659 000	4 397 000
Operating Profit	−5 191 000	−562 000	86 000	−1 688 000
Financial Income	204 000	41 000	153 000	1 000
Financial Costs	276 000	167 000	45 000	10 000
Financial Balance	−72 000	−126 000	108 000	−9 000
Dividends	0	0	0	0
Net Income	−5 263 000	−688 000	194 000	−1 697 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	164 000	362 000	275 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	20 000
Total Fixed Assets	35 000	164 000	362 000	295 000
Stock	192 000	300 000	291 000	733 000
Total Investments	0	0	0	0
Cash, Bank	1 831 000	617 000	424 000	434 000
Total Current Assets	3 195 000	1 307 000	2 221 000	1 491 000
Total Assets	3 230 000	1 471 000	2 582 000	1 786 000
Total Equity	−733 000	−2 095 000	−1 407 000	−1 601 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 013 000	2 985 000	2 495 000	3 003 000
Creditors	463 000	354 000	323 000	384 000
Unpaid Taxes	65 000	64 000	49 000	0
Dividends	0	0	0	0
Other Current Debt	1 421 000	164 000	1 123 000	0
Total Current Debt	1 949 000	582 000	1 495 000	384 000
Total Equity and Debt	3 230 000	1 471 000	2 582 000	1 786 000

Financial indicators	2022	2021	2020	2019
Return on Equity	718,01 %	32,84 %	−13,79 %	106 %
Debt-to-Equity Ratio	−2,75	−1,42	−1,77	−1,88
Operating Profit Margin	−77,86 %	−8,51 %	1,27 %	−62,29 %
Current Ratio	1,64	2,25	1,49	3,88
Quick Ratio	1,82	4,63	1,84	−4,27
Equity Ratio	−0,23	−1,42	−0,54	−0,9
Gross Profit Margin	20,26 %	47,67 %	45,49 %	35,68 %