FRYDENLUNDSGATA 11 NARVIK AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

41,06 %

Current Ratio

11,21

Debt-to-Equity Ratio

−6,82

Key figures (NOK)	2022	2021	2020
Revenue	701 000	683 000	257 000
Net Income	−358 000	−70 000	−479 000
Total Assets	5 096 000	5 337 000	5 435 000
Total Equity	−872 000	−514 000	−444 000

Income (NOK)	2022	2021	2020
Revenue	701 000	683 000	257 000
Expenditure	644 000	643 000	740 000
Operating Profit	57 000	40 000	−483 000
Financial Income	15 000	0	0
Financial Costs	272 000	129 000	133 000
Financial Balance	−257 000	−129 000	−133 000
Earnings Before Tax	−201 000	−89 000	−617 000
Tax	157 000	−20 000	−138 000
Net Income	−358 000	−70 000	−479 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 883 000	5 203 000	5 347 000
Total Current Assets	213 000	133 000	88 000
Total Assets	5 096 000	5 337 000	5 435 000
Total Retained Equity	−906 000	−548 000	−479 000
Total Equity	−872 000	−514 000	−444 000
Total Long-Term Debt	5 948 000	5 770 000	5 522 000
Total Current Debt	19 000	81 000	357 000
Total Equity and Debt	5 096 000	5 337 000	5 435 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	701 000	683 000	257 000
Revenue	701 000	683 000	257 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	163 000	163 000	122 000
Impairment	0	0	0
Expenditure	644 000	643 000	740 000
Operating Profit	57 000	40 000	−483 000
Financial Income	15 000	0	0
Financial Costs	272 000	129 000	133 000
Financial Balance	−257 000	−129 000	−133 000
Dividends	0	0	0
Net Income	−358 000	−70 000	−479 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	157 000	138 000
Real Eastate	4 883 000	5 046 000	5 209 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	4 883 000	5 046 000	5 209 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 883 000	5 203 000	5 347 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	175 000	48 000	59 000
Total Current Assets	213 000	133 000	88 000
Total Assets	5 096 000	5 337 000	5 435 000
Total Equity	−872 000	−514 000	−444 000
Short-Term Group Debt	0	72 000	39 000
Total Long-Term Debt	5 948 000	5 770 000	5 522 000
Creditors	14 000	9 000	57 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	5 000	0	261 000
Total Current Debt	19 000	81 000	357 000
Total Equity and Debt	5 096 000	5 337 000	5 435 000

Financial indicators	2022	2021	2020
Return on Equity	41,06 %	13,62 %	107,88 %
Debt-to-Equity Ratio	−6,82	−11,23	−12,44
Operating Profit Margin	8,13 %	5,86 %	−187,94 %
Current Ratio	11,21	1,64	0,25
Quick Ratio	11,21	1,64	0,25
Equity Ratio	−0,17	−0,1	−0,08
Gross Profit Margin	100 %	100 %	100 %