HARALD FRIGSTAD AS

4611 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

1,72 %

Current Ratio

0,91

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 577 000	1 283 000	938 000	769 000
Net Income	219 000	−276 000	−121 000	−278 000
Total Assets	23 665 000	23 884 000	13 597 000	13 934 000
Total Equity	12 718 000	12 499 000	12 776 000	12 897 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 577 000	1 283 000	938 000	769 000
Expenditure	991 000	1 256 000	1 055 000	1 099 000
Operating Profit	587 000	26 000	−117 000	−330 000
Financial Income	0	0	0	0
Financial Costs	368 000	302 000	28 000	26 000
Financial Balance	−368 000	−302 000	−28 000	−26 000
Earnings Before Tax	219 000	−276 000	−144 000	−356 000
Tax	0	0	−23 000	−78 000
Net Income	219 000	−276 000	−121 000	−278 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 879 000	23 210 000	13 023 000	13 279 000
Total Current Assets	786 000	674 000	574 000	656 000
Total Assets	23 665 000	23 884 000	13 597 000	13 934 000
Total Retained Equity	219 000	0	0	0
Total Equity	12 718 000	12 499 000	12 776 000	12 897 000
Total Long-Term Debt	10 086 000	10 500 000	0	23 000
Total Current Debt	862 000	885 000	821 000	1 014 000
Total Equity and Debt	23 665 000	23 884 000	13 597 000	13 934 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 577 000	1 283 000	938 000	769 000
Revenue	1 577 000	1 283 000	938 000	769 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	331 000	333 000	327 000	324 000
Impairment	0	0	0	0
Expenditure	991 000	1 256 000	1 055 000	1 099 000
Operating Profit	587 000	26 000	−117 000	−330 000
Financial Income	0	0	0	0
Financial Costs	368 000	302 000	28 000	26 000
Financial Balance	−368 000	−302 000	−28 000	−26 000
Dividends	0	0	0	0
Net Income	219 000	−276 000	−121 000	−278 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 852 000	23 206 000	12 986 000	13 230 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	4 000	37 000	48 000
Total Tangible Assets	22 879 000	23 210 000	13 023 000	13 279 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 879 000	23 210 000	13 023 000	13 279 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	136 000	526 000	446 000	348 000
Total Current Assets	786 000	674 000	574 000	656 000
Total Assets	23 665 000	23 884 000	13 597 000	13 934 000
Total Equity	12 718 000	12 499 000	12 776 000	12 897 000
Short-Term Group Debt	708 000	708 000	708 000	924 000
Total Long-Term Debt	10 086 000	10 500 000	0	23 000
Creditors	14 000	14 000	35 000	25 000
Unpaid Taxes	0	0	2 000	0
Dividends	0	0	0	0
Other Current Debt	140 000	162 000	75 000	65 000
Total Current Debt	862 000	885 000	821 000	1 014 000
Total Equity and Debt	23 665 000	23 884 000	13 597 000	13 934 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,72 %	−2,21 %	−0,95 %	−2,16 %
Debt-to-Equity Ratio	0,79	0,84	0	0
Operating Profit Margin	37,22 %	2,03 %	−12,47 %	−42,91 %
Current Ratio	0,91	0,76	0,7	0,65
Quick Ratio	0,91	0,76	0,7	0,65
Equity Ratio	0,54	0,52	0,94	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %