FRIDALEN BOLIGUTVIKLING AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

58,76 %

Current Ratio

1,93

Debt-to-Equity Ratio

1,64

Key figures (NOK)	2022	2021	2020
Revenue	66 661 000	17 081 000	0
Net Income	6 514 000	3 803 000	−20 000
Total Assets	60 839 000	51 426 000	9 936 000
Total Equity	11 086 000	4 572 000	769 000

Income (NOK)	2022	2021	2020
Revenue	66 661 000	17 081 000	0
Expenditure	58 100 000	11 860 000	6 000
Operating Profit	8 561 000	5 220 000	−6 000
Financial Income	23 000	0	0
Financial Costs	228 000	356 000	14 000
Financial Balance	−205 000	−356 000	−14 000
Earnings Before Tax	8 356 000	4 864 000	−20 000
Tax	1 842 000	1 061 000	0
Net Income	6 514 000	3 803 000	−20 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	60 839 000	51 426 000	9 936 000
Total Assets	60 839 000	51 426 000	9 936 000
Total Retained Equity	10 276 000	3 762 000	−20 000
Total Equity	11 086 000	4 572 000	769 000
Total Long-Term Debt	18 222 000	28 222 000	8 222 000
Total Current Debt	31 531 000	18 632 000	945 000
Total Equity and Debt	60 839 000	51 426 000	9 936 000

Cash flow (NOK)	2022	2021	2020
Sales Income	66 661 000	17 081 000	0
Other Income	0	0	0
Revenue	66 661 000	17 081 000	0
Cost of Goods Sold	57 954 000	11 781 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	58 100 000	11 860 000	6 000
Operating Profit	8 561 000	5 220 000	−6 000
Financial Income	23 000	0	0
Financial Costs	228 000	356 000	14 000
Financial Balance	−205 000	−356 000	−14 000
Dividends	0	0	0
Net Income	6 514 000	3 803 000	−20 000

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	0	0	0
Total Fixed Assets	0	0	0
Stock	43 903 000	40 428 000	6 973 000
Total Investments	0	0	0
Cash, Bank	15 673 000	10 041 000	2 963 000
Total Current Assets	60 839 000	51 426 000	9 936 000
Total Assets	60 839 000	51 426 000	9 936 000
Total Equity	11 086 000	4 572 000	769 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	18 222 000	28 222 000	8 222 000
Creditors	7 801 000	5 880 000	808 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	21 888 000	11 691 000	137 000
Total Current Debt	31 531 000	18 632 000	945 000
Total Equity and Debt	60 839 000	51 426 000	9 936 000

Financial indicators	2022	2021	2020
Return on Equity	58,76 %	83,18 %	−2,6 %
Debt-to-Equity Ratio	1,64	6,17	10,69
Operating Profit Margin	12,84 %	30,56 %	-
Current Ratio	1,93	2,76	10,51
Quick Ratio	−4,92	−2,36	−1,65
Equity Ratio	0,18	0,09	0,08
Gross Profit Margin	13,06 %	31,03 %	-