FRILAND DRIFT AS

2743 HARESTUA

Finances

Share Ownership

Return on Equity

39,47 %

Current Ratio

0,26

Debt-to-Equity Ratio

−0,8

Key figures (NOK)	2022	2021	2020
Revenue	2 906 000	3 136 000	1 833 000
Net Income	−506 000	−867 000	67 000
Total Assets	2 457 000	2 782 000	2 631 000
Total Equity	−1 282 000	−776 000	91 000

Income (NOK)	2022	2021	2020
Revenue	2 906 000	3 136 000	1 833 000
Expenditure	3 347 000	3 964 000	1 728 000
Operating Profit	−443 000	−828 000	104 000
Financial Income	0	0	0
Financial Costs	64 000	56 000	20 000
Financial Balance	−64 000	−56 000	−20 000
Earnings Before Tax	−506 000	−884 000	84 000
Tax	0	−17 000	17 000
Net Income	−506 000	−867 000	67 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 756 000	2 309 000	2 059 000
Total Current Assets	701 000	473 000	572 000
Total Assets	2 457 000	2 782 000	2 631 000
Total Retained Equity	−1 312 000	−806 000	61 000
Total Equity	−1 282 000	−776 000	91 000
Total Long-Term Debt	1 025 000	1 302 000	870 000
Total Current Debt	2 714 000	2 256 000	1 670 000
Total Equity and Debt	2 457 000	2 782 000	2 631 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 717 000	3 136 000	1 833 000
Other Income	189 000	0	0
Revenue	2 906 000	3 136 000	1 833 000
Cost of Goods Sold	1 067 000	1 254 000	543 000
Salary Costs	222 000	714 000	639 000
Depreciation	595 000	510 000	187 000
Impairment	0	0	0
Expenditure	3 347 000	3 964 000	1 728 000
Operating Profit	−443 000	−828 000	104 000
Financial Income	0	0	0
Financial Costs	64 000	56 000	20 000
Financial Balance	−64 000	−56 000	−20 000
Dividends	0	0	0
Net Income	−506 000	−867 000	67 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	399 000	543 000	334 000
Fixtures	1 335 000	1 727 000	1 725 000
Total Tangible Assets	1 734 000	2 270 000	2 059 000
Total Fiancial Fixed Assets	22 000	39 000	0
Total Fixed Assets	1 756 000	2 309 000	2 059 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	604 000	104 000	395 000
Total Current Assets	701 000	473 000	572 000
Total Assets	2 457 000	2 782 000	2 631 000
Total Equity	−1 282 000	−776 000	91 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 025 000	1 302 000	870 000
Creditors	38 000	42 000	68 000
Unpaid Taxes	97 000	43 000	105 000
Dividends	0	0	0
Other Current Debt	2 580 000	2 171 000	1 497 000
Total Current Debt	2 714 000	2 256 000	1 670 000
Total Equity and Debt	2 457 000	2 782 000	2 631 000

Financial indicators	2022	2021	2020
Return on Equity	39,47 %	111,73 %	73,63 %
Debt-to-Equity Ratio	−0,8	−1,68	9,56
Operating Profit Margin	−15,24 %	−26,4 %	5,67 %
Current Ratio	0,26	0,21	0,34
Quick Ratio	0,26	0,21	0,34
Equity Ratio	−0,52	−0,28	0,03
Gross Profit Margin	63,28 %	60,01 %	70,38 %