FREDHEIM Ø&E AS

1684 VESTERØY

Finances

Share Ownership

Return on Equity

2,59 %

Current Ratio

1,42

Debt-to-Equity Ratio

−18,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	135 000	151 000	88 000	23 000
Net Income	−3 000	−17 000	−57 000	−69 000
Total Assets	2 074 000	2 086 000	2 129 000	2 141 000
Total Equity	−116 000	−113 000	−96 000	−39 000

Income (NOK)	2022	2021	2020	2019
Revenue	135 000	151 000	88 000	23 000
Expenditure	86 000	127 000	98 000	77 000
Operating Profit	49 000	24 000	−9 000	−54 000
Financial Income	0	0	0	0
Financial Costs	53 000	41 000	48 000	15 000
Financial Balance	−53 000	−41 000	−48 000	−15 000
Earnings Before Tax	−3 000	−17 000	−57 000	−69 000
Tax	0	0	0	0
Net Income	−3 000	−17 000	−57 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 057 000	2 085 000	2 113 000	1 872 000
Total Current Assets	17 000	1 000	16 000	269 000
Total Assets	2 074 000	2 086 000	2 129 000	2 141 000
Total Retained Equity	−146 000	−143 000	−126 000	−69 000
Total Equity	−116 000	−113 000	−96 000	−39 000
Total Long-Term Debt	2 178 000	2 190 000	2 225 000	2 180 000
Total Current Debt	12 000	9 000	0	0
Total Equity and Debt	2 074 000	2 086 000	2 129 000	2 141 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	23 000
Other Income	135 000	151 000	88 000	0
Revenue	135 000	151 000	88 000	23 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	28 000	28 000	26 000	21 000
Impairment	0	0	0	0
Expenditure	86 000	127 000	98 000	77 000
Operating Profit	49 000	24 000	−9 000	−54 000
Financial Income	0	0	0	0
Financial Costs	53 000	41 000	48 000	15 000
Financial Balance	−53 000	−41 000	−48 000	−15 000
Dividends	0	0	0	0
Net Income	−3 000	−17 000	−57 000	−69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 043 000	2 069 000	2 095 000	1 872 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	16 000	18 000	0
Total Tangible Assets	2 057 000	2 085 000	2 113 000	1 872 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 057 000	2 085 000	2 113 000	1 872 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	1 000	16 000	269 000
Total Current Assets	17 000	1 000	16 000	269 000
Total Assets	2 074 000	2 086 000	2 129 000	2 141 000
Total Equity	−116 000	−113 000	−96 000	−39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 178 000	2 190 000	2 225 000	2 180 000
Creditors	6 000	9 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	0	0	0
Total Current Debt	12 000	9 000	0	0
Total Equity and Debt	2 074 000	2 086 000	2 129 000	2 141 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,59 %	15,04 %	59,38 %	176,92 %
Debt-to-Equity Ratio	−18,78	−19,38	−23,18	−55,9
Operating Profit Margin	36,3 %	15,89 %	−10,23 %	−234,78 %
Current Ratio	1,42	0,11	-	-
Quick Ratio	1,42	0,11	-	-
Equity Ratio	−0,06	−0,05	−0,05	−0,02
Gross Profit Margin	100 %	100 %	100 %	100 %