FREDENG IV BORETTSLAG

2815 GJØVIK

Finances

Share Ownership

Return on Equity

40,81 %

Current Ratio

3,42

Debt-to-Equity Ratio

−3,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 441 000	2 275 000	2 015 000	1 861 000
Net Income	−2 424 000	−1 334 000	−3 499 000	374 000
Total Assets	15 130 000	11 524 000	15 688 000	7 179 000
Total Equity	−5 939 000	−3 515 000	−2 180 000	1 319 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 441 000	2 275 000	2 015 000	1 861 000
Expenditure	4 520 000	3 431 000	5 387 000	1 418 000
Operating Profit	−2 079 000	−1 156 000	−3 373 000	443 000
Financial Income	24 000	21 000	27 000	45 000
Financial Costs	369 000	200 000	153 000	114 000
Financial Balance	−345 000	−179 000	−126 000	−69 000
Earnings Before Tax	−2 424 000	−1 334 000	−3 499 000	374 000
Tax	0	0	0	0
Net Income	−2 424 000	−1 334 000	−3 499 000	374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 198 000	10 260 000	10 219 000	4 721 000
Total Current Assets	4 932 000	1 264 000	5 469 000	2 458 000
Total Assets	15 130 000	11 524 000	15 688 000	7 179 000
Total Retained Equity	−5 943 000	−3 519 000	−2 184 000	1 315 000
Total Equity	−5 939 000	−3 515 000	−2 180 000	1 319 000
Total Long-Term Debt	19 626 000	14 503 000	14 877 000	5 381 000
Total Current Debt	1 443 000	536 000	2 992 000	480 000
Total Equity and Debt	15 130 000	11 524 000	15 688 000	7 179 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 441 000	2 275 000	2 015 000	1 861 000
Revenue	2 441 000	2 275 000	2 015 000	1 861 000
Cost of Goods Sold	0	0	0	0
Salary Costs	127 000	126 000	120 000	88 000
Depreciation	62 000	53 000	26 000	0
Impairment	0	0	0	0
Expenditure	4 520 000	3 431 000	5 387 000	1 418 000
Operating Profit	−2 079 000	−1 156 000	−3 373 000	443 000
Financial Income	24 000	21 000	27 000	45 000
Financial Costs	369 000	200 000	153 000	114 000
Financial Balance	−345 000	−179 000	−126 000	−69 000
Dividends	0	0	0	0
Net Income	−2 424 000	−1 334 000	−3 499 000	374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 721 000	10 260 000	10 219 000	4 721 000
Machinery and Plant Facilities	477 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 198 000	10 260 000	10 219 000	4 721 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 198 000	10 260 000	10 219 000	4 721 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 374 000	785 000	5 017 000	2 044 000
Total Current Assets	4 932 000	1 264 000	5 469 000	2 458 000
Total Assets	15 130 000	11 524 000	15 688 000	7 179 000
Total Equity	−5 939 000	−3 515 000	−2 180 000	1 319 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 626 000	14 503 000	14 877 000	5 381 000
Creditors	1 424 000	502 000	2 971 000	450 000
Unpaid Taxes	6 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	14 000	34 000	21 000	30 000
Total Current Debt	1 443 000	536 000	2 992 000	480 000
Total Equity and Debt	15 130 000	11 524 000	15 688 000	7 179 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,81 %	37,95 %	160,5 %	28,35 %
Debt-to-Equity Ratio	−3,3	−4,13	−6,82	4,08
Operating Profit Margin	−85,17 %	−50,81 %	−167,39 %	23,8 %
Current Ratio	3,42	2,36	1,83	5,12
Quick Ratio	3,42	2,36	1,83	5,12
Equity Ratio	−0,39	−0,31	−0,14	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %