FREDRIKSTAD HAGESERVICE AS

1621 GRESSVIK

Finances

Share Ownership

Return on Equity

450 %

Current Ratio

0,09

Debt-to-Equity Ratio

−1,95

Key figures (NOK)	2022	2021	2020
Revenue	2 416 000	3 571 000	928 000
Net Income	−252 000	84 000	124 000
Total Assets	913 000	1 030 000	778 000
Total Equity	−56 000	232 000	148 000

Income (NOK)	2022	2021	2020
Revenue	2 416 000	3 571 000	928 000
Expenditure	2 666 000	3 453 000	770 000
Operating Profit	−250 000	118 000	158 000
Financial Income	0	0	0
Financial Costs	11 000	1 000	0
Financial Balance	−11 000	−1 000	0
Earnings Before Tax	−261 000	117 000	158 000
Tax	−9 000	32 000	35 000
Net Income	−252 000	84 000	124 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	840 000	521 000	0
Total Current Assets	73 000	509 000	778 000
Total Assets	913 000	1 030 000	778 000
Total Retained Equity	−86 000	202 000	118 000
Total Equity	−56 000	232 000	148 000
Total Long-Term Debt	109 000	158 000	2 000
Total Current Debt	858 000	640 000	628 000
Total Equity and Debt	912 000	1 030 000	778 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 525 000	3 571 000	926 000
Other Income	−110 000	0	2 000
Revenue	2 416 000	3 571 000	928 000
Cost of Goods Sold	1 261 000	2 366 000	664 000
Salary Costs	346 000	415 000	53 000
Depreciation	235 000	85 000	0
Impairment	0	0	0
Expenditure	2 666 000	3 453 000	770 000
Operating Profit	−250 000	118 000	158 000
Financial Income	0	0	0
Financial Costs	11 000	1 000	0
Financial Balance	−11 000	−1 000	0
Dividends	0	0	0
Net Income	−252 000	84 000	124 000

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	363 000	0	0
Fixtures	477 000	521 000	0
Total Tangible Assets	840 000	521 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	840 000	521 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	46 000	246 000	233 000
Total Current Assets	73 000	509 000	778 000
Total Assets	913 000	1 030 000	778 000
Total Equity	−56 000	232 000	148 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	109 000	158 000	2 000
Creditors	671 000	257 000	521 000
Unpaid Taxes	116 000	40 000	65 000
Dividends	0	0	0
Other Current Debt	71 000	323 000	10 000
Total Current Debt	858 000	640 000	628 000
Total Equity and Debt	912 000	1 030 000	778 000

Financial indicators	2022	2021	2020
Return on Equity	450 %	36,21 %	83,78 %
Debt-to-Equity Ratio	−1,95	0,68	0,01
Operating Profit Margin	−10,35 %	3,3 %	17,03 %
Current Ratio	0,09	0,8	1,24
Quick Ratio	0,09	0,8	1,24
Equity Ratio	−0,06	0,23	0,19
Gross Profit Margin	47,81 %	33,74 %	28,45 %