Frydenberg AS

3040 DRAMMEN

Finances

Return on Equity

6,77 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 058 000	0	0	90 000
Net Income	9 828 000	3 530 000	−408 000	65 891 000
Total Assets	267 144 000	119 239 000	88 988 000	91 276 000
Total Equity	145 121 000	72 055 000	68 526 000	70 834 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 058 000	0	0	90 000
Expenditure	59 535 000	49 000	33 000	113 000
Operating Profit	17 523 000	−49 000	−33 000	−23 000
Financial Income	5 803 000	14 717 000	286 000	66 699 000
Financial Costs	8 359 000	9 434 000	661 000	785 000
Financial Balance	−2 556 000	5 283 000	−375 000	65 914 000
Earnings Before Tax	14 967 000	5 233 000	−408 000	65 891 000
Tax	5 138 000	1 704 000	0	0
Net Income	9 828 000	3 530 000	−408 000	65 891 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	227 514 000	85 907 000	82 697 000	88 797 000
Total Current Assets	39 630 000	33 333 000	6 291 000	2 480 000
Total Assets	267 144 000	119 239 000	88 988 000	91 276 000
Total Retained Equity	143 910 000	70 844 000	67 314 000	69 622 000
Total Equity	145 121 000	72 055 000	68 526 000	70 834 000
Total Long-Term Debt	77 000 000	30 450 000	15 155 000	20 443 000
Total Current Debt	45 023 000	16 734 000	5 308 000	0
Total Equity and Debt	267 144 000	119 239 000	88 988 000	91 276 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 058 000	0	0	0
Other Income	0	0	0	90 000
Revenue	77 058 000	0	0	90 000
Cost of Goods Sold	32 387 000	0	0	0
Salary Costs	12 163 000	0	0	0
Depreciation	2 615 000	0	0	0
Impairment	0	0	0	0
Expenditure	59 535 000	49 000	33 000	113 000
Operating Profit	17 523 000	−49 000	−33 000	−23 000
Financial Income	5 803 000	14 717 000	286 000	66 699 000
Financial Costs	8 359 000	9 434 000	661 000	785 000
Financial Balance	−2 556 000	5 283 000	−375 000	65 914 000
Dividends	0	0	0	0
Net Income	9 828 000	3 530 000	−408 000	65 891 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	167 977 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	40 637 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	40 637 000	0	0	0
Total Fiancial Fixed Assets	18 900 000	85 907 000	82 697 000	88 797 000
Total Fixed Assets	227 514 000	85 907 000	82 697 000	88 797 000
Stock	1 094 000	0	0	0
Total Investments	67 000	0	0	0
Cash, Bank	29 421 000	10 000	16 000	69 000
Total Current Assets	39 630 000	33 333 000	6 291 000	2 480 000
Total Assets	267 144 000	119 239 000	88 988 000	91 276 000
Total Equity	145 121 000	72 055 000	68 526 000	70 834 000
Short-Term Group Debt	0	9 092 000	5 308 000	0
Total Long-Term Debt	77 000 000	30 450 000	15 155 000	20 443 000
Creditors	17 252 000	10 000	0	0
Unpaid Taxes	2 241 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	25 530 000	7 601 000	0	0
Total Current Debt	45 023 000	16 734 000	5 308 000	0
Total Equity and Debt	267 144 000	119 239 000	88 988 000	91 276 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,77 %	4,9 %	−0,6 %	93,02 %
Debt-to-Equity Ratio	0,53	0,42	0,22	0,29
Operating Profit Margin	22,74 %	-	-	−25,56 %
Current Ratio	0,88	1,99	1,19	-
Quick Ratio	0,9	1,99	1,19	-
Equity Ratio	0,54	0,6	0,77	0,78
Gross Profit Margin	57,97 %	-	-	100 %