FREDHEIM AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

9,21 %

Current Ratio

2,72

Debt-to-Equity Ratio

1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	953 000	862 000	701 000	731 000
Net Income	466 000	304 000	396 000	2 480 000
Total Assets	10 557 000	10 915 000	10 351 000	3 547 000
Total Equity	5 059 000	4 592 000	4 288 000	3 067 000

Income (NOK)	2022	2021	2020	2019
Revenue	953 000	862 000	701 000	731 000
Expenditure	218 000	392 000	160 000	286 000
Operating Profit	735 000	470 000	540 000	446 000
Financial Income	0	0	0	0
Financial Costs	137 000	80 000	32 000	0
Financial Balance	−137 000	−80 000	−32 000	0
Earnings Before Tax	598 000	390 000	508 000	446 000
Tax	132 000	86 000	112 000	100 000
Net Income	466 000	304 000	396 000	2 480 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000 000	10 000 000	10 000 000	3 293 000
Total Current Assets	557 000	915 000	351 000	254 000
Total Assets	10 557 000	10 915 000	10 351 000	3 547 000
Total Retained Equity	4 759 000	4 292 000	3 988 000	2 767 000
Total Equity	5 059 000	4 592 000	4 288 000	3 067 000
Total Long-Term Debt	5 293 000	6 088 000	3 899 000	0
Total Current Debt	205 000	235 000	2 163 000	480 000
Total Equity and Debt	10 557 000	10 915 000	10 351 000	3 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	953 000	862 000	701 000	731 000
Revenue	953 000	862 000	701 000	731 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	134 000
Impairment	0	0	0	0
Expenditure	218 000	392 000	160 000	286 000
Operating Profit	735 000	470 000	540 000	446 000
Financial Income	0	0	0	0
Financial Costs	137 000	80 000	32 000	0
Financial Balance	−137 000	−80 000	−32 000	0
Dividends	0	0	4 407 000	775 000
Net Income	466 000	304 000	396 000	2 480 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	10 000 000	10 000 000	10 000 000	3 291 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 000 000	10 000 000	10 000 000	3 291 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000 000	10 000 000	10 000 000	3 293 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	521 000	897 000	333 000	238 000
Total Current Assets	557 000	915 000	351 000	254 000
Total Assets	10 557 000	10 915 000	10 351 000	3 547 000
Total Equity	5 059 000	4 592 000	4 288 000	3 067 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 293 000	6 088 000	3 899 000	0
Creditors	0	94 000	0	1 000
Unpaid Taxes	70 000	47 000	53 000	71 000
Dividends	0	0	4 407 000	775 000
Other Current Debt	25 000	24 000	16 000	8 000
Total Current Debt	205 000	235 000	2 163 000	480 000
Total Equity and Debt	10 557 000	10 915 000	10 351 000	3 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,21 %	6,62 %	9,24 %	80,86 %
Debt-to-Equity Ratio	1,05	1,33	0,91	0
Operating Profit Margin	77,12 %	54,52 %	77,03 %	61,01 %
Current Ratio	2,72	3,89	0,16	0,53
Quick Ratio	2,72	3,89	0,16	0,53
Equity Ratio	0,48	0,42	0,41	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %