FRYDENLUNDSG 9, 3. ETG AS

8516 NARVIK

Finances

Share Ownership

Return on Equity

23,78 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	372 000	372 000	372 000	372 000
Net Income	136 000	149 000	119 000	129 000
Total Assets	1 064 000	1 032 000	1 275 000	1 258 000
Total Equity	572 000	436 000	587 000	468 000

Income (NOK)	2022	2021	2020	2019
Revenue	372 000	372 000	372 000	372 000
Expenditure	177 000	164 000	197 000	175 000
Operating Profit	195 000	208 000	175 000	197 000
Financial Income	0	0	0	0
Financial Costs	20 000	17 000	23 000	31 000
Financial Balance	−20 000	−17 000	−23 000	−31 000
Earnings Before Tax	175 000	191 000	153 000	165 000
Tax	38 000	42 000	34 000	36 000
Net Income	136 000	149 000	119 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	924 000	987 000	1 050 000	1 113 000
Total Current Assets	139 000	45 000	225 000	145 000
Total Assets	1 064 000	1 032 000	1 275 000	1 258 000
Total Retained Equity	472 000	336 000	487 000	368 000
Total Equity	572 000	436 000	587 000	468 000
Total Long-Term Debt	385 000	487 000	588 000	688 000
Total Current Debt	106 000	109 000	100 000	102 000
Total Equity and Debt	1 064 000	1 032 000	1 275 000	1 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	372 000	372 000	372 000	372 000
Revenue	372 000	372 000	372 000	372 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	63 000	63 000	63 000	63 000
Impairment	0	0	0	0
Expenditure	177 000	164 000	197 000	175 000
Operating Profit	195 000	208 000	175 000	197 000
Financial Income	0	0	0	0
Financial Costs	20 000	17 000	23 000	31 000
Financial Balance	−20 000	−17 000	−23 000	−31 000
Dividends	0	0	0	0
Net Income	136 000	149 000	119 000	129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	924 000	987 000	1 050 000	1 113 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	924 000	987 000	1 050 000	1 113 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	924 000	987 000	1 050 000	1 113 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	139 000	45 000	225 000	145 000
Total Current Assets	139 000	45 000	225 000	145 000
Total Assets	1 064 000	1 032 000	1 275 000	1 258 000
Total Equity	572 000	436 000	587 000	468 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	385 000	487 000	588 000	688 000
Creditors	1 000	1 000	1 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	62 000	62 000	62 000	62 000
Total Current Debt	106 000	109 000	100 000	102 000
Total Equity and Debt	1 064 000	1 032 000	1 275 000	1 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,78 %	34,17 %	20,27 %	27,56 %
Debt-to-Equity Ratio	0,67	1,12	1	1,47
Operating Profit Margin	52,42 %	55,91 %	47,04 %	52,96 %
Current Ratio	1,31	0,41	2,25	1,42
Quick Ratio	1,31	0,41	2,25	1,42
Equity Ratio	0,54	0,42	0,46	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %