FREDHEIM ARENA

4312 SANDNES

Finances

Return on Equity

19,75 %

Current Ratio

3,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2019
Revenue	10 941 000	5 819 000	5 482 000
Net Income	4 631 000	389 000	−263 000
Total Assets	25 333 000	20 474 000	19 278 000
Total Equity	23 443 000	18 812 000	18 091 000

Income (NOK)	2022	2021	2019
Revenue	10 941 000	5 819 000	5 482 000
Expenditure	6 378 000	5 430 000	5 751 000
Operating Profit	4 563 000	389 000	−269 000
Financial Income	67 000	1 000	5 000
Financial Costs	0	0	0
Financial Balance	67 000	1 000	5 000
Earnings Before Tax	4 631 000	389 000	−263 000
Tax	0	0	0
Net Income	4 631 000	389 000	−263 000

Balance (NOK)	2022	2021	2019
Total Fixed Assets	17 797 000	17 814 000	17 876 000
Total Current Assets	7 536 000	2 660 000	1 402 000
Total Assets	25 333 000	20 474 000	19 278 000
Total Retained Equity	20 443 000	15 812 000	18 091 000
Total Equity	23 443 000	18 812 000	18 091 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 891 000	1 663 000	1 187 000
Total Equity and Debt	25 333 000	20 474 000	19 278 000

Cash flow (NOK)	2022	2021	2019
Sales Income	5 864 000	5 230 000	5 196 000
Other Income	5 077 000	589 000	286 000
Revenue	10 941 000	5 819 000	5 482 000
Cost of Goods Sold	89 000	34 000	59 000
Salary Costs	3 847 000	3 442 000	3 318 000
Depreciation	17 000	17 000	0
Impairment	0	0	0
Expenditure	6 378 000	5 430 000	5 751 000
Operating Profit	4 563 000	389 000	−269 000
Financial Income	67 000	1 000	5 000
Financial Costs	0	0	0
Financial Balance	67 000	1 000	5 000
Dividends	0	0	0
Net Income	4 631 000	389 000	−263 000

Balance details (NOK)	2022	2021	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	21 000	38 000	0
Total Tangible Assets	21 000	38 000	0
Total Fiancial Fixed Assets	17 776 000	17 776 000	17 876 000
Total Fixed Assets	17 797 000	17 814 000	17 876 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	6 653 000	1 649 000	568 000
Total Current Assets	7 536 000	2 660 000	1 402 000
Total Assets	25 333 000	20 474 000	19 278 000
Total Equity	23 443 000	18 812 000	18 091 000
Short-Term Group Debt	152 000	116 000	35 000
Total Long-Term Debt	0	0	0
Creditors	147 000	146 000	248 000
Unpaid Taxes	282 000	253 000	232 000
Dividends	0	0	0
Other Current Debt	1 310 000	1 148 000	672 000
Total Current Debt	1 891 000	1 663 000	1 187 000
Total Equity and Debt	25 333 000	20 474 000	19 278 000

Financial indicators	2022	2021	2019
Return on Equity	19,75 %	2,07 %	−1,45 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	41,71 %	6,68 %	−4,91 %
Current Ratio	3,99	1,6	1,18
Quick Ratio	3,99	1,6	1,18
Equity Ratio	0,93	0,92	0,94
Gross Profit Margin	99,19 %	99,42 %	98,92 %