FRELSESARMEENS EIENDOMMER AS

0165 OSLO

Finances

Return on Equity

−1,11 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	154 723 000	186 618 000	174 466 000	302 032 000
Net Income	−8 547 000	44 708 000	13 088 000	159 687 000
Total Assets	1 268 996 000	1 309 441 000	1 008 212 000	1 022 858 000
Total Equity	768 154 000	776 701 000	731 993 000	719 005 000

Income (NOK)	2022	2021	2020	2019
Revenue	154 723 000	186 618 000	174 466 000	302 032 000
Expenditure	154 758 000	136 444 000	159 637 000	138 734 000
Operating Profit	−34 000	50 174 000	14 829 000	163 298 000
Financial Income	10 577 000	5 028 000	5 660 000	5 495 000
Financial Costs	19 156 000	9 400 000	5 847 000	6 853 000
Financial Balance	−8 579 000	−4 372 000	−187 000	−1 358 000
Earnings Before Tax	−8 613 000	45 801 000	14 642 000	161 941 000
Tax	−66 000	1 093 000	1 554 000	2 254 000
Net Income	−8 547 000	44 708 000	13 088 000	159 687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 239 891 000	1 240 794 000	998 143 000	942 709 000
Total Current Assets	29 104 000	68 646 000	10 069 000	80 150 000
Total Assets	1 268 996 000	1 309 441 000	1 008 212 000	1 022 858 000
Total Retained Equity	767 914 000	776 461 000	731 753 000	718 765 000
Total Equity	768 154 000	776 701 000	731 993 000	719 005 000
Total Long-Term Debt	482 760 000	498 453 000	246 531 000	287 497 000
Total Current Debt	18 082 000	34 286 000	29 689 000	16 357 000
Total Equity and Debt	1 268 996 000	1 309 441 000	1 008 212 000	1 022 858 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	142 322 000	134 453 000	130 871 000	0
Other Income	12 401 000	52 165 000	43 596 000	302 032 000
Revenue	154 723 000	186 618 000	174 466 000	302 032 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 925 000	10 038 000	8 117 000	7 714 000
Depreciation	36 953 000	35 026 000	63 848 000	53 463 000
Impairment	0	0	0	0
Expenditure	154 758 000	136 444 000	159 637 000	138 734 000
Operating Profit	−34 000	50 174 000	14 829 000	163 298 000
Financial Income	10 577 000	5 028 000	5 660 000	5 495 000
Financial Costs	19 156 000	9 400 000	5 847 000	6 853 000
Financial Balance	−8 579 000	−4 372 000	−187 000	−1 358 000
Dividends	0	0	0	0
Net Income	−8 547 000	44 708 000	13 088 000	159 687 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	972 898 000	931 294 000	752 916 000	751 883 000
Machinery and Plant Facilities	0	0	0	173 000
Fixtures	615 000	308 000	76 000	0
Total Tangible Assets	973 512 000	931 602 000	752 992 000	752 056 000
Total Fiancial Fixed Assets	266 379 000	309 193 000	245 151 000	190 653 000
Total Fixed Assets	1 239 891 000	1 240 794 000	998 143 000	942 709 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 594 000	59 131 000	3 914 000	77 509 000
Total Current Assets	29 104 000	68 646 000	10 069 000	80 150 000
Total Assets	1 268 996 000	1 309 441 000	1 008 212 000	1 022 858 000
Total Equity	768 154 000	776 701 000	731 993 000	719 005 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	482 760 000	498 453 000	246 531 000	287 497 000
Creditors	15 264 000	31 350 000	26 366 000	11 924 000
Unpaid Taxes	852 000	553 000	520 000	527 000
Dividends	0	0	0	0
Other Current Debt	1 966 000	1 504 000	1 672 000	2 255 000
Total Current Debt	18 082 000	34 286 000	29 689 000	16 357 000
Total Equity and Debt	1 268 996 000	1 309 441 000	1 008 212 000	1 022 858 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,11 %	5,76 %	1,79 %	22,21 %
Debt-to-Equity Ratio	0,63	0,64	0,34	0,4
Operating Profit Margin	−0,02 %	26,89 %	8,5 %	54,07 %
Current Ratio	1,61	2	0,34	4,9
Quick Ratio	1,61	2	0,34	4,9
Equity Ratio	0,61	0,59	0,73	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %