FREDNESBAKKEN BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

3,36 %

Current Ratio

6,75

Debt-to-Equity Ratio

71,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	216 000	203 000	216 000	120 000
Net Income	4 000	39 000	54 000	12 000
Total Assets	8 611 000	8 604 000	8 565 000	8 503 000
Total Equity	119 000	115 000	76 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	216 000	203 000	216 000	120 000
Expenditure	86 000	80 000	64 000	28 000
Operating Profit	130 000	124 000	152 000	92 000
Financial Income	1 000	0	0	0
Financial Costs	126 000	85 000	98 000	81 000
Financial Balance	−125 000	−85 000	−98 000	−81 000
Earnings Before Tax	4 000	39 000	54 000	12 000
Tax	0	0	0	0
Net Income	4 000	39 000	54 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 530 000	8 480 000	8 480 000	8 480 000
Total Current Assets	81 000	124 000	85 000	23 000
Total Assets	8 611 000	8 604 000	8 565 000	8 503 000
Total Retained Equity	109 000	105 000	66 000	12 000
Total Equity	119 000	115 000	76 000	22 000
Total Long-Term Debt	8 480 000	8 480 000	8 480 000	8 480 000
Total Current Debt	12 000	9 000	9 000	1 000
Total Equity and Debt	8 611 000	8 604 000	8 565 000	8 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	216 000	203 000	216 000	120 000
Revenue	216 000	203 000	216 000	120 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	86 000	80 000	64 000	28 000
Operating Profit	130 000	124 000	152 000	92 000
Financial Income	1 000	0	0	0
Financial Costs	126 000	85 000	98 000	81 000
Financial Balance	−125 000	−85 000	−98 000	−81 000
Dividends	0	0	0	0
Net Income	4 000	39 000	54 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 480 000	8 480 000	8 480 000	8 480 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 480 000	8 480 000	8 480 000	8 480 000
Total Fiancial Fixed Assets	50 000	0	0	0
Total Fixed Assets	8 530 000	8 480 000	8 480 000	8 480 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	115 000	76 000	23 000
Total Current Assets	81 000	124 000	85 000	23 000
Total Assets	8 611 000	8 604 000	8 565 000	8 503 000
Total Equity	119 000	115 000	76 000	22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 480 000	8 480 000	8 480 000	8 480 000
Creditors	11 000	9 000	8 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	0	1 000
Total Current Debt	12 000	9 000	9 000	1 000
Total Equity and Debt	8 611 000	8 604 000	8 565 000	8 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,36 %	33,91 %	71,05 %	54,55 %
Debt-to-Equity Ratio	71,26	73,74	111,58	385,45
Operating Profit Margin	60,19 %	61,08 %	70,37 %	76,67 %
Current Ratio	6,75	13,78	9,44	23
Quick Ratio	6,75	13,78	9,44	23
Equity Ratio	0,01	0,01	0,01	0
Gross Profit Margin	100 %	100 %	100 %	100 %