FROSTVEDTVEIEN BORETTSLAG

3256 LARVIK

Finances

Share Ownership

Return on Equity

11,92 %

Current Ratio

6,84

Debt-to-Equity Ratio

−1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 807 000	1 692 000	1 560 000	1 490 000
Net Income	−1 512 000	424 000	−6 987 000	411 000
Total Assets	4 600 000	5 394 000	4 284 000	4 586 000
Total Equity	−12 680 000	−11 168 000	−11 592 000	−4 605 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 807 000	1 692 000	1 560 000	1 490 000
Expenditure	2 858 000	909 000	8 244 000	788 000
Operating Profit	−1 166 000	659 000	−6 785 000	592 000
Financial Income	3 000	1 000	2 000	4 000
Financial Costs	349 000	235 000	205 000	185 000
Financial Balance	−346 000	−234 000	−203 000	−181 000
Earnings Before Tax	−1 397 000	549 000	−6 887 000	521 000
Tax	0	0	0	0
Net Income	−1 512 000	424 000	−6 987 000	411 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 978 000	3 978 000	3 978 000	3 978 000
Total Current Assets	622 000	1 417 000	307 000	609 000
Total Assets	4 600 000	5 394 000	4 284 000	4 586 000
Total Retained Equity	−12 682 000	−11 171 000	−11 595 000	−4 607 000
Total Equity	−12 680 000	−11 168 000	−11 592 000	−4 605 000
Total Long-Term Debt	17 189 000	16 426 000	14 902 000	9 118 000
Total Current Debt	91 000	136 000	975 000	73 000
Total Equity and Debt	4 600 000	5 394 000	4 284 000	4 586 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 807 000	1 692 000	1 560 000	1 490 000
Other Income	0	0	0	0
Revenue	1 807 000	1 692 000	1 560 000	1 490 000
Cost of Goods Sold	0	0	0	0
Salary Costs	62 000	72 000	59 000	58 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 858 000	909 000	8 244 000	788 000
Operating Profit	−1 166 000	659 000	−6 785 000	592 000
Financial Income	3 000	1 000	2 000	4 000
Financial Costs	349 000	235 000	205 000	185 000
Financial Balance	−346 000	−234 000	−203 000	−181 000
Dividends	0	0	0	0
Net Income	−1 512 000	424 000	−6 987 000	411 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 978 000	3 978 000	3 978 000	3 978 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 978 000	3 978 000	3 978 000	3 978 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 978 000	3 978 000	3 978 000	3 978 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	622 000	1 417 000	307 000	609 000
Total Current Assets	622 000	1 417 000	307 000	609 000
Total Assets	4 600 000	5 394 000	4 284 000	4 586 000
Total Equity	−12 680 000	−11 168 000	−11 592 000	−4 605 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 189 000	16 426 000	14 902 000	9 118 000
Creditors	50 000	106 000	958 000	62 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	40 000	30 000	17 000	11 000
Total Current Debt	91 000	136 000	975 000	73 000
Total Equity and Debt	4 600 000	5 394 000	4 284 000	4 586 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,92 %	−3,8 %	60,27 %	−8,93 %
Debt-to-Equity Ratio	−1,36	−1,47	−1,29	−1,98
Operating Profit Margin	−64,53 %	38,95 %	−434,94 %	39,73 %
Current Ratio	6,84	10,42	0,31	8,34
Quick Ratio	6,84	10,42	0,31	8,34
Equity Ratio	−2,76	−2,07	−2,71	−1
Gross Profit Margin	100 %	100 %	100 %	100 %