Fritzøe Møller AS

3264 LARVIK

Finances

Share Ownership

Return on Equity

6,21 %

Current Ratio

0,31

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 411 000	14 373 000	27 264 000	8 965 000
Net Income	1 480 000	2 109 000	15 155 000	−37 054 000
Total Assets	82 356 000	155 032 000	161 357 000	168 956 000
Total Equity	23 823 000	22 115 000	23 298 000	18 289 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 411 000	14 373 000	27 264 000	8 965 000
Expenditure	10 020 000	9 313 000	8 298 000	53 586 000
Operating Profit	5 390 000	5 060 000	18 966 000	−44 621 000
Financial Income	5 000	0	0	0
Financial Costs	3 497 000	2 355 000	3 381 000	2 884 000
Financial Balance	−3 492 000	−2 355 000	−3 381 000	−2 884 000
Earnings Before Tax	1 898 000	2 704 000	15 585 000	−47 505 000
Tax	417 000	595 000	430 000	−10 451 000
Net Income	1 480 000	2 109 000	15 155 000	−37 054 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 068 000	82 367 000	88 554 000	96 355 000
Total Current Assets	6 288 000	72 666 000	72 803 000	72 601 000
Total Assets	82 356 000	155 032 000	161 357 000	168 956 000
Total Retained Equity	1 927 000	339 000	1 523 000	0
Total Equity	23 823 000	22 115 000	23 298 000	18 289 000
Total Long-Term Debt	38 415 000	101 000 000	101 000 000	101 000 000
Total Current Debt	20 118 000	31 918 000	37 058 000	49 668 000
Total Equity and Debt	82 356 000	155 032 000	161 357 000	168 956 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	12 943 000	0
Other Income	15 411 000	14 373 000	14 321 000	8 965 000
Revenue	15 411 000	14 373 000	27 264 000	8 965 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	6 543 000	6 543 000	6 543 000	3 452 000
Impairment	0	0	0	0
Expenditure	10 020 000	9 313 000	8 298 000	53 586 000
Operating Profit	5 390 000	5 060 000	18 966 000	−44 621 000
Financial Income	5 000	0	0	0
Financial Costs	3 497 000	2 355 000	3 381 000	2 884 000
Financial Balance	−3 492 000	−2 355 000	−3 381 000	−2 884 000
Dividends	0	0	0	0
Net Income	1 480 000	2 109 000	15 155 000	−37 054 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 497 000	1 076 000	742 000	505 000
Real Eastate	74 337 000	80 963 000	87 391 000	95 335 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	234 000	328 000	421 000	515 000
Total Tangible Assets	74 571 000	81 291 000	87 812 000	95 850 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	76 068 000	82 367 000	88 554 000	96 355 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	6 288 000	72 666 000	72 803 000	72 601 000
Total Assets	82 356 000	155 032 000	161 357 000	168 956 000
Total Equity	23 823 000	22 115 000	23 298 000	18 289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 415 000	101 000 000	101 000 000	101 000 000
Creditors	3 284 000	2 489 000	3 200 000	12 372 000
Unpaid Taxes	404 000	119 000	0	0
Dividends	0	0	0	0
Other Current Debt	15 587 000	29 310 000	33 859 000	37 296 000
Total Current Debt	20 118 000	31 918 000	37 058 000	49 668 000
Total Equity and Debt	82 356 000	155 032 000	161 357 000	168 956 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,21 %	9,54 %	65,05 %	−202,6 %
Debt-to-Equity Ratio	1,61	4,57	4,34	5,52
Operating Profit Margin	34,98 %	35,2 %	69,56 %	−497,72 %
Current Ratio	0,31	2,28	1,96	1,46
Quick Ratio	0,31	2,28	1,96	1,46
Equity Ratio	0,29	0,14	0,14	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %