FRYDENBØ ÅSANE II AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

41,28 %

Current Ratio

1,6

Debt-to-Equity Ratio

2,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 133 000	2 958 000	2 992 000	2 995 000
Net Income	1 484 000	1 526 000	1 609 000	1 597 000
Total Assets	13 647 000	13 868 000	10 903 000	11 033 000
Total Equity	3 595 000	3 688 000	3 769 000	3 850 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 133 000	2 958 000	2 992 000	2 995 000
Expenditure	960 000	877 000	778 000	750 000
Operating Profit	2 174 000	2 081 000	2 214 000	2 246 000
Financial Income	5 000	0	0	0
Financial Costs	252 000	125 000	152 000	199 000
Financial Balance	−247 000	−125 000	−152 000	−199 000
Earnings Before Tax	1 926 000	1 956 000	2 063 000	2 047 000
Tax	442 000	430 000	454 000	450 000
Net Income	1 484 000	1 526 000	1 609 000	1 597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 209 000	10 615 000	10 663 000	11 030 000
Total Current Assets	3 438 000	3 254 000	240 000	3 000
Total Assets	13 647 000	13 868 000	10 903 000	11 033 000
Total Retained Equity	3 495 000	3 588 000	3 669 000	3 750 000
Total Equity	3 595 000	3 688 000	3 769 000	3 850 000
Total Long-Term Debt	7 900 000	8 000 000	4 857 000	5 644 000
Total Current Debt	2 153 000	2 181 000	2 277 000	1 539 000
Total Equity and Debt	13 647 000	13 868 000	10 903 000	11 033 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 133 000	2 958 000	0	0
Other Income	0	0	2 992 000	2 995 000
Revenue	3 133 000	2 958 000	2 992 000	2 995 000
Cost of Goods Sold	118 000	118 000	0	0
Salary Costs	0	0	0	−8 000
Depreciation	413 000	397 000	389 000	389 000
Impairment	0	0	0	0
Expenditure	960 000	877 000	778 000	750 000
Operating Profit	2 174 000	2 081 000	2 214 000	2 246 000
Financial Income	5 000	0	0	0
Financial Costs	252 000	125 000	152 000	199 000
Financial Balance	−247 000	−125 000	−152 000	−199 000
Dividends	0	0	0	2 000 000
Net Income	1 484 000	1 526 000	1 609 000	1 597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	258 000	229 000	206 000	184 000
Real Eastate	9 951 000	10 386 000	10 457 000	10 846 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 951 000	10 386 000	10 457 000	10 846 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 209 000	10 615 000	10 663 000	11 030 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 357 000	3 187 000	126 000	1 000
Total Current Assets	3 438 000	3 254 000	240 000	3 000
Total Assets	13 647 000	13 868 000	10 903 000	11 033 000
Total Equity	3 595 000	3 688 000	3 769 000	3 850 000
Short-Term Group Debt	0	0	2 167 000	0
Total Long-Term Debt	7 900 000	8 000 000	4 857 000	5 644 000
Creditors	10 000	82 000	5 000	0
Unpaid Taxes	11 000	0	106 000	58 000
Dividends	0	0	0	2 000 000
Other Current Debt	2 106 000	2 099 000	0	12 000
Total Current Debt	2 153 000	2 181 000	2 277 000	1 539 000
Total Equity and Debt	13 647 000	13 868 000	10 903 000	11 033 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,28 %	41,38 %	42,69 %	41,48 %
Debt-to-Equity Ratio	2,2	2,17	1,29	1,47
Operating Profit Margin	69,39 %	70,35 %	74 %	74,99 %
Current Ratio	1,6	1,49	0,11	0
Quick Ratio	1,6	1,49	0,11	0
Equity Ratio	0,26	0,27	0,35	0,35
Gross Profit Margin	96,23 %	96,01 %	100 %	100 %