FREDSHIP AS

5943 AUSTRHEIM

Finances

Return on Equity

−12,48 %

Current Ratio

18,2

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	−599 000	848 000	1 165 000	194 000
Net Income	−965 000	3 189 000	1 041 000	90 000
Total Assets	8 245 000	9 470 000	6 738 000	6 411 000
Total Equity	7 734 000	8 899 000	6 210 000	5 669 000

Income (NOK)	2022	2021	2020	2019
Revenue	−599 000	848 000	1 165 000	194 000
Expenditure	147 000	91 000	114 000	94 000
Operating Profit	−746 000	757 000	1 052 000	100 000
Financial Income	13 000	2 492 000	4 000	4 000
Financial Costs	0	0	2 000	3 000
Financial Balance	13 000	2 492 000	2 000	1 000
Earnings Before Tax	−733 000	3 249 000	1 053 000	101 000
Tax	233 000	60 000	12 000	11 000
Net Income	−965 000	3 189 000	1 041 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	0	0
Total Current Assets	8 244 000	9 469 000	6 738 000	6 411 000
Total Assets	8 245 000	9 470 000	6 738 000	6 411 000
Total Retained Equity	7 019 000	8 184 000	5 495 000	4 954 000
Total Equity	7 734 000	8 899 000	6 210 000	5 669 000
Total Long-Term Debt	57 000	60 000	0	0
Total Current Debt	453 000	510 000	528 000	741 000
Total Equity and Debt	8 245 000	9 470 000	6 738 000	6 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	−599 000	848 000	1 165 000	194 000
Revenue	−599 000	848 000	1 165 000	194 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	147 000	91 000	114 000	94 000
Operating Profit	−746 000	757 000	1 052 000	100 000
Financial Income	13 000	2 492 000	4 000	4 000
Financial Costs	0	0	2 000	3 000
Financial Balance	13 000	2 492 000	2 000	1 000
Dividends	200 000	500 000	500 000	500 000
Net Income	−965 000	3 189 000	1 041 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 000	1 000	0	0
Total Fixed Assets	1 000	1 000	0	0
Stock	0	0	0	0
Total Investments	7 118 000	8 824 000	6 296 000	6 149 000
Cash, Bank	1 126 000	645 000	442 000	261 000
Total Current Assets	8 244 000	9 469 000	6 738 000	6 411 000
Total Assets	8 245 000	9 470 000	6 738 000	6 411 000
Total Equity	7 734 000	8 899 000	6 210 000	5 669 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	57 000	60 000	0	0
Creditors	0	0	0	5 000
Unpaid Taxes	0	0	0	0
Dividends	200 000	500 000	500 000	500 000
Other Current Debt	18 000	510 000	16 000	226 000
Total Current Debt	453 000	510 000	528 000	741 000
Total Equity and Debt	8 245 000	9 470 000	6 738 000	6 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,48 %	35,84 %	16,76 %	1,59 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	124,54 %	89,27 %	90,3 %	51,55 %
Current Ratio	18,2	18,57	12,76	8,65
Quick Ratio	18,2	18,57	12,76	8,65
Equity Ratio	0,94	0,94	0,92	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %