FR EIENDOMSUTVIKLING AS

7652 VERDAL

Finances

Return on Equity

55,87 %

Current Ratio

8,84

Debt-to-Equity Ratio

1,33

Key figures (NOK)	2022	2021	2020
Revenue	11 863 000	5 858 000	4 460 000
Net Income	3 516 000	1 495 000	1 261 000
Total Assets	16 263 000	20 673 000	3 239 000
Total Equity	6 293 000	2 777 000	1 281 000

Income (NOK)	2022	2021	2020
Revenue	11 863 000	5 858 000	4 460 000
Expenditure	6 992 000	3 688 000	2 828 000
Operating Profit	4 871 000	2 170 000	1 633 000
Financial Income	1 000	0	1 000
Financial Costs	364 000	253 000	20 000
Financial Balance	−363 000	−253 000	−19 000
Earnings Before Tax	4 508 000	1 917 000	1 614 000
Tax	992 000	422 000	353 000
Net Income	3 516 000	1 495 000	1 261 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 280 000	0	0
Total Current Assets	13 983 000	20 673 000	3 239 000
Total Assets	16 263 000	20 673 000	3 239 000
Total Retained Equity	6 263 000	2 747 000	1 251 000
Total Equity	6 293 000	2 777 000	1 281 000
Total Long-Term Debt	8 389 000	12 612 000	1 333 000
Total Current Debt	1 581 000	5 285 000	625 000
Total Equity and Debt	16 263 000	20 673 000	3 239 000

Cash flow (NOK)	2022	2021	2020
Sales Income	10 974 000	5 629 000	4 460 000
Other Income	889 000	230 000	0
Revenue	11 863 000	5 858 000	4 460 000
Cost of Goods Sold	6 700 000	3 642 000	2 813 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	6 992 000	3 688 000	2 828 000
Operating Profit	4 871 000	2 170 000	1 633 000
Financial Income	1 000	0	1 000
Financial Costs	364 000	253 000	20 000
Financial Balance	−363 000	−253 000	−19 000
Dividends	0	0	0
Net Income	3 516 000	1 495 000	1 261 000

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	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	2 280 000	0	0
Total Fixed Assets	2 280 000	0	0
Stock	12 163 000	16 212 000	1 827 000
Total Investments	0	0	0
Cash, Bank	1 580 000	1 154 000	1 412 000
Total Current Assets	13 983 000	20 673 000	3 239 000
Total Assets	16 263 000	20 673 000	3 239 000
Total Equity	6 293 000	2 777 000	1 281 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	8 389 000	12 612 000	1 333 000
Creditors	41 000	122 000	230 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	236 000	5 053 000	42 000
Total Current Debt	1 581 000	5 285 000	625 000
Total Equity and Debt	16 263 000	20 673 000	3 239 000

Financial indicators	2022	2021	2020
Return on Equity	55,87 %	53,84 %	98,44 %
Debt-to-Equity Ratio	1,33	4,54	1,04
Operating Profit Margin	41,06 %	37,04 %	36,61 %
Current Ratio	8,84	3,91	5,18
Quick Ratio	−1,32	−1,89	−2,69
Equity Ratio	0,39	0,13	0,4
Gross Profit Margin	43,52 %	37,83 %	36,93 %