FRR AS

1454 FAGERSTRAND

Finances

Return on Equity

54,31 %

Current Ratio

7,19

Debt-to-Equity Ratio

1,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	189 000	152 000	−19 000	−7 000
Total Assets	881 000	737 000	540 000	558 000
Total Equity	348 000	159 000	8 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	23 000	16 000	19 000	7 000
Operating Profit	−23 000	−16 000	−19 000	−7 000
Financial Income	265 000	202 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	265 000	201 000	0	0
Earnings Before Tax	242 000	185 000	−19 000	−7 000
Tax	53 000	34 000	0	0
Net Income	189 000	152 000	−19 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	500 000	500 000	500 000	500 000
Total Current Assets	381 000	237 000	40 000	58 000
Total Assets	881 000	737 000	540 000	558 000
Total Retained Equity	308 000	119 000	−26 000	−7 000
Total Equity	348 000	159 000	8 000	27 000
Total Long-Term Debt	480 000	530 000	530 000	530 000
Total Current Debt	53 000	48 000	2 000	1 000
Total Equity and Debt	881 000	737 000	540 000	558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	23 000	16 000	19 000	7 000
Operating Profit	−23 000	−16 000	−19 000	−7 000
Financial Income	265 000	202 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	265 000	201 000	0	0
Dividends	0	0	0	0
Net Income	189 000	152 000	−19 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	500 000	500 000	500 000	500 000
Total Fixed Assets	500 000	500 000	500 000	500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	35 000	40 000	58 000
Total Current Assets	381 000	237 000	40 000	58 000
Total Assets	881 000	737 000	540 000	558 000
Total Equity	348 000	159 000	8 000	27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	480 000	530 000	530 000	530 000
Creditors	0	14 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	1 000	1 000
Total Current Debt	53 000	48 000	2 000	1 000
Total Equity and Debt	881 000	737 000	540 000	558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,31 %	95,6 %	−237,5 %	−25,93 %
Debt-to-Equity Ratio	1,38	3,33	66,25	19,63
Operating Profit Margin	-	-	-	-
Current Ratio	7,19	4,94	20	58
Quick Ratio	7,19	4,94	20	58
Equity Ratio	0,4	0,22	0,01	0,05
Gross Profit Margin	-	-	-	-