FREDRIKSTAD MOTORBÅTFORENING

1610 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

2,69 %

Current Ratio

Debt-to-Equity Ratio

1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 658 000	4 423 000	3 957 000	3 762 000
Net Income	293 000	−59 000	191 000	319 000
Total Assets	24 149 000	25 003 000	25 258 000	25 091 000
Total Equity	10 910 000	10 794 000	10 735 000	10 388 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 658 000	4 423 000	3 957 000	3 762 000
Expenditure	3 761 000	3 966 000	3 193 000	2 832 000
Operating Profit	897 000	457 000	765 000	929 000
Financial Income	23 000	8 000	11 000	32 000
Financial Costs	627 000	524 000	585 000	642 000
Financial Balance	−604 000	−516 000	−574 000	−610 000
Earnings Before Tax	293 000	−59 000	191 000	319 000
Tax	0	0	0	0
Net Income	293 000	−59 000	191 000	319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 145 000	22 037 000	22 755 000	22 876 000
Total Current Assets	3 003 000	2 966 000	2 503 000	2 215 000
Total Assets	24 149 000	25 003 000	25 258 000	25 091 000
Total Retained Equity	1 713 000	1 421 000	1 480 000	1 289 000
Total Equity	10 910 000	10 794 000	10 735 000	10 388 000
Total Long-Term Debt	12 966 000	13 449 000	14 007 000	14 513 000
Total Current Debt	273 000	761 000	517 000	190 000
Total Equity and Debt	24 149 000	25 003 000	25 258 000	25 091 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 492 000	4 249 000	3 909 000	3 639 000
Other Income	166 000	174 000	49 000	123 000
Revenue	4 658 000	4 423 000	3 957 000	3 762 000
Cost of Goods Sold	21 000	0	0	0
Salary Costs	972 000	833 000	836 000	779 000
Depreciation	1 017 000	1 017 000	1 017 000	817 000
Impairment	0	0	0	0
Expenditure	3 761 000	3 966 000	3 193 000	2 832 000
Operating Profit	897 000	457 000	765 000	929 000
Financial Income	23 000	8 000	11 000	32 000
Financial Costs	627 000	524 000	585 000	642 000
Financial Balance	−604 000	−516 000	−574 000	−610 000
Dividends	0	0	0	0
Net Income	293 000	−59 000	191 000	319 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 145 000	22 037 000	22 755 000	22 876 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 145 000	22 037 000	22 755 000	22 876 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 145 000	22 037 000	22 755 000	22 876 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 793 000	2 713 000	2 361 000	2 081 000
Total Current Assets	3 003 000	2 966 000	2 503 000	2 215 000
Total Assets	24 149 000	25 003 000	25 258 000	25 091 000
Total Equity	10 910 000	10 794 000	10 735 000	10 388 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 966 000	13 449 000	14 007 000	14 513 000
Creditors	86 000	505 000	367 000	33 000
Unpaid Taxes	39 000	36 000	41 000	38 000
Dividends	0	0	0	0
Other Current Debt	149 000	219 000	109 000	118 000
Total Current Debt	273 000	761 000	517 000	190 000
Total Equity and Debt	24 149 000	25 003 000	25 258 000	25 091 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,69 %	−0,55 %	1,78 %	3,07 %
Debt-to-Equity Ratio	1,19	1,25	1,3	1,4
Operating Profit Margin	19,26 %	10,33 %	19,33 %	24,69 %
Current Ratio	11	3,9	4,84	11,66
Quick Ratio	11	3,9	4,84	11,66
Equity Ratio	0,45	0,43	0,43	0,41
Gross Profit Margin	99,55 %	100 %	100 %	100 %