FROLANDSVEIEN 923 AS

4812 KONGSHAVN

Finances

Share Ownership

Return on Equity

183,47 %

Current Ratio

1,38

Debt-to-Equity Ratio

−44,59

Key figures (NOK)	2022	2021	2020
Revenue	600 000	590 000	569 000
Net Income	−222 000	−12 000	−35 000
Total Assets	5 338 000	5 565 000	5 645 000
Total Equity	−121 000	101 000	113 000

Income (NOK)	2022	2021	2020
Revenue	600 000	590 000	569 000
Expenditure	634 000	482 000	432 000
Operating Profit	−34 000	109 000	138 000
Financial Income	4 000	15 000	0
Financial Costs	191 000	129 000	182 000
Financial Balance	−187 000	−114 000	−182 000
Earnings Before Tax	−222 000	−6 000	−44 000
Tax	0	6 000	−10 000
Net Income	−222 000	−12 000	−35 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 250 000	5 413 000	5 526 000
Total Current Assets	88 000	152 000	119 000
Total Assets	5 338 000	5 565 000	5 645 000
Total Retained Equity	−269 000	−47 000	−35 000
Total Equity	−121 000	101 000	113 000
Total Long-Term Debt	5 395 000	5 313 000	5 485 000
Total Current Debt	64 000	151 000	46 000
Total Equity and Debt	5 338 000	5 565 000	5 645 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	600 000	590 000	569 000
Revenue	600 000	590 000	569 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	163 000	113 000	113 000
Impairment	0	0	0
Expenditure	634 000	482 000	432 000
Operating Profit	−34 000	109 000	138 000
Financial Income	4 000	15 000	0
Financial Costs	191 000	129 000	182 000
Financial Balance	−187 000	−114 000	−182 000
Dividends	0	0	0
Net Income	−222 000	−12 000	−35 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	5 250 000	5 413 000	5 526 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	5 250 000	5 413 000	5 526 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	5 250 000	5 413 000	5 526 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	26 000	84 000	57 000
Total Current Assets	88 000	152 000	119 000
Total Assets	5 338 000	5 565 000	5 645 000
Total Equity	−121 000	101 000	113 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	5 395 000	5 313 000	5 485 000
Creditors	30 000	135 000	21 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	34 000	6 000	25 000
Total Current Debt	64 000	151 000	46 000
Total Equity and Debt	5 338 000	5 565 000	5 645 000

Financial indicators	2022	2021	2020
Return on Equity	183,47 %	−11,88 %	−30,97 %
Debt-to-Equity Ratio	−44,59	52,6	48,54
Operating Profit Margin	−5,67 %	18,47 %	24,25 %
Current Ratio	1,38	1,01	2,59
Quick Ratio	1,38	1,01	2,59
Equity Ratio	−0,02	0,02	0,02
Gross Profit Margin	100 %	100 %	100 %