FROGNERHAGEN BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

−245,88 %

Current Ratio

Debt-to-Equity Ratio

5,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	419 000	376 000	376 000	312 000
Net Income	−1 313 000	147 000	177 000	−95 000
Total Assets	3 287 000	4 253 000	2 994 000	2 879 000
Total Equity	534 000	1 847 000	1 699 000	1 523 000

Income (NOK)	2022	2021	2020	2019
Revenue	419 000	376 000	376 000	312 000
Expenditure	1 706 000	208 000	161 000	353 000
Operating Profit	−1 287 000	158 000	183 000	−85 000
Financial Income	18 000	1 000	1 000	2 000
Financial Costs	44 000	11 000	7 000	12 000
Financial Balance	−26 000	−10 000	−6 000	−10 000
Earnings Before Tax	−1 313 000	159 000	209 000	−50 000
Tax	0	0	0	0
Net Income	−1 313 000	147 000	177 000	−95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 775 000	2 775 000	2 775 000	2 775 000
Total Current Assets	512 000	1 478 000	219 000	104 000
Total Assets	3 287 000	4 253 000	2 994 000	2 879 000
Total Retained Equity	534 000	1 847 000	1 699 000	1 523 000
Total Equity	534 000	1 847 000	1 699 000	1 523 000
Total Long-Term Debt	2 722 000	2 364 000	1 259 000	1 325 000
Total Current Debt	32 000	42 000	35 000	32 000
Total Equity and Debt	3 287 000	4 253 000	2 994 000	2 879 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	419 000	376 000	376 000	312 000
Revenue	419 000	376 000	376 000	312 000
Cost of Goods Sold	0	0	0	0
Salary Costs	14 000	13 000	13 000	13 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 706 000	208 000	161 000	353 000
Operating Profit	−1 287 000	158 000	183 000	−85 000
Financial Income	18 000	1 000	1 000	2 000
Financial Costs	44 000	11 000	7 000	12 000
Financial Balance	−26 000	−10 000	−6 000	−10 000
Dividends	0	0	0	0
Net Income	−1 313 000	147 000	177 000	−95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 775 000	2 775 000	2 775 000	2 775 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 775 000	2 775 000	2 775 000	2 775 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 775 000	2 775 000	2 775 000	2 775 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	472 000	1 441 000	170 000	71 000
Total Current Assets	512 000	1 478 000	219 000	104 000
Total Assets	3 287 000	4 253 000	2 994 000	2 879 000
Total Equity	534 000	1 847 000	1 699 000	1 523 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 722 000	2 364 000	1 259 000	1 325 000
Creditors	26 000	37 000	35 000	32 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	5 000	0	0
Total Current Debt	32 000	42 000	35 000	32 000
Total Equity and Debt	3 287 000	4 253 000	2 994 000	2 879 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−245,88 %	7,96 %	10,42 %	−6,24 %
Debt-to-Equity Ratio	5,1	1,28	0,74	0,87
Operating Profit Margin	−307,16 %	42,02 %	48,67 %	−27,24 %
Current Ratio	16	35,19	6,26	3,25
Quick Ratio	16	35,19	6,26	3,25
Equity Ratio	0,16	0,43	0,57	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %