FRETLAND BYGG AS

6887 LÆRDAL

Finances

Return on Equity

−4,69 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 431 000	15 830 000	14 279 000	17 639 000
Net Income	−180 000	487 000	180 000	609 000
Total Assets	6 648 000	8 239 000	6 915 000	9 999 000
Total Equity	3 834 000	4 014 000	3 528 000	3 347 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 431 000	15 830 000	14 279 000	17 639 000
Expenditure	10 651 000	15 174 000	13 972 000	16 800 000
Operating Profit	−219 000	655 000	307 000	839 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	12 000	26 000	71 000	57 000
Financial Balance	−11 000	−25 000	−70 000	−55 000
Earnings Before Tax	−230 000	630 000	237 000	784 000
Tax	−50 000	143 000	56 000	175 000
Net Income	−180 000	487 000	180 000	609 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 048 000	2 082 000	2 121 000	1 648 000
Total Current Assets	4 600 000	6 158 000	4 795 000	8 351 000
Total Assets	6 648 000	8 239 000	6 915 000	9 999 000
Total Retained Equity	3 342 000	3 522 000	3 036 000	2 855 000
Total Equity	3 834 000	4 014 000	3 528 000	3 347 000
Total Long-Term Debt	165 000	1 037 000	1 195 000	1 361 000
Total Current Debt	2 648 000	3 189 000	2 193 000	5 291 000
Total Equity and Debt	6 648 000	8 239 000	6 915 000	9 999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 296 000	15 749 000	14 171 000	17 639 000
Other Income	135 000	81 000	108 000	0
Revenue	10 431 000	15 830 000	14 279 000	17 639 000
Cost of Goods Sold	3 591 000	7 901 000	6 472 000	7 871 000
Salary Costs	5 361 000	5 196 000	5 950 000	7 242 000
Depreciation	144 000	137 000	62 000	52 000
Impairment	0	0	0	0
Expenditure	10 651 000	15 174 000	13 972 000	16 800 000
Operating Profit	−219 000	655 000	307 000	839 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	12 000	26 000	71 000	57 000
Financial Balance	−11 000	−25 000	−70 000	−55 000
Dividends	0	0	0	0
Net Income	−180 000	487 000	180 000	609 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	107 000	0	0	0
Machinery and Plant Facilities	420 000	478 000	583 000	60 000
Fixtures	57 000	139 000	98 000	149 000
Total Tangible Assets	583 000	617 000	681 000	208 000
Total Fiancial Fixed Assets	1 464 000	1 464 000	1 439 000	1 439 000
Total Fixed Assets	2 048 000	2 082 000	2 121 000	1 648 000
Stock	73 000	73 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 129 000	3 014 000	3 414 000	340 000
Total Current Assets	4 600 000	6 158 000	4 795 000	8 351 000
Total Assets	6 648 000	8 239 000	6 915 000	9 999 000
Total Equity	3 834 000	4 014 000	3 528 000	3 347 000
Short-Term Group Debt	610 000	0	0	0
Total Long-Term Debt	165 000	1 037 000	1 195 000	1 361 000
Creditors	602 000	1 026 000	346 000	917 000
Unpaid Taxes	470 000	641 000	296 000	1 045 000
Dividends	0	0	0	0
Other Current Debt	867 000	1 447 000	1 551 000	3 329 000
Total Current Debt	2 648 000	3 189 000	2 193 000	5 291 000
Total Equity and Debt	6 648 000	8 239 000	6 915 000	9 999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,69 %	12,13 %	5,1 %	18,2 %
Debt-to-Equity Ratio	0,04	0,26	0,34	0,41
Operating Profit Margin	−2,1 %	4,14 %	2,15 %	4,76 %
Current Ratio	1,74	1,93	2,19	1,58
Quick Ratio	1,79	1,98	2,19	1,58
Equity Ratio	0,58	0,49	0,51	0,33
Gross Profit Margin	65,57 %	50,09 %	54,67 %	55,38 %