FRESIO AS

4020 STAVANGER

Finances

Return on Equity

73,85 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 925 000	2 075 000	910 000	0
Net Income	370 000	464 000	277 000	0
Total Assets	1 184 000	999 000	452 000	24 000
Total Equity	501 000	401 000	171 000	24 000

Income (NOK)	2022	2021	2020
Revenue	1 925 000	2 075 000	910 000
Expenditure	1 413 000	1 481 000	593 000
Operating Profit	512 000	593 000	317 000
Financial Income	1 000	0	0
Financial Costs	0	1 000	0
Financial Balance	1 000	−1 000	0
Earnings Before Tax	513 000	593 000	317 000
Tax	143 000	129 000	40 000
Net Income	370 000	464 000	277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	141 000	0	0	0
Total Current Assets	1 044 000	999 000	452 000	24 000
Total Assets	1 184 000	999 000	452 000	24 000
Total Retained Equity	471 000	377 000	147 000	0
Total Equity	501 000	401 000	171 000	24 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	683 000	597 000	281 000	0
Total Equity and Debt	1 184 000	999 000	452 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 925 000	2 075 000	910 000
Other Income	0	0	0
Revenue	1 925 000	2 075 000	910 000
Cost of Goods Sold	0	0	0
Salary Costs	1 366 000	1 455 000	544 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 413 000	1 481 000	593 000
Operating Profit	512 000	593 000	317 000
Financial Income	1 000	0	0
Financial Costs	0	1 000	0
Financial Balance	1 000	−1 000	0
Dividends	270 000	233 000	130 000
Net Income	370 000	464 000	277 000

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	141 000	0	0	0
Total Fixed Assets	141 000	0	0	0
Stock	0	0	0	0
Total Investments	93 000	93 000	0	0
Cash, Bank	765 000	855 000	452 000	24 000
Total Current Assets	1 044 000	999 000	452 000	24 000
Total Assets	1 184 000	999 000	452 000	24 000
Total Equity	501 000	401 000	171 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	16 000	15 000	0
Unpaid Taxes	140 000	233 000	176 000	0
Dividends	270 000	233 000	130 000	0
Other Current Debt	146 000	−16 000	−79 000	0
Total Current Debt	683 000	597 000	281 000	0
Total Equity and Debt	1 184 000	999 000	452 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,85 %	115,71 %	161,99 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,6 %	28,58 %	34,84 %	-
Current Ratio	1,53	1,67	1,61	-
Quick Ratio	1,53	1,67	1,61	-
Equity Ratio	0,42	0,4	0,38	1
Gross Profit Margin	100 %	100 %	100 %	-