FRETLAND EIGEDOM AS

6887 LÆRDAL

Finances

Return on Equity

−15,42 %

Current Ratio

4,32

Debt-to-Equity Ratio

2,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	472 000	338 000	183 000	2 873 000
Net Income	−255 000	78 000	3 000	56 000
Total Assets	5 661 000	6 246 000	1 728 000	1 708 000
Total Equity	1 654 000	1 908 000	1 632 000	1 629 000

Income (NOK)	2022	2021	2020	2019
Revenue	472 000	338 000	183 000	2 873 000
Expenditure	500 000	222 000	181 000	2 851 000
Operating Profit	−28 000	115 000	2 000	23 000
Financial Income	0	0	2 000	70 000
Financial Costs	271 000	15 000	0	39 000
Financial Balance	−271 000	−15 000	2 000	31 000
Earnings Before Tax	−298 000	101 000	4 000	53 000
Tax	−44 000	22 000	1 000	−3 000
Net Income	−255 000	78 000	3 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 186 000	3 491 000	883 000	920 000
Total Current Assets	475 000	2 755 000	846 000	787 000
Total Assets	5 661 000	6 246 000	1 728 000	1 708 000
Total Retained Equity	1 037 000	1 292 000	1 213 000	1 210 000
Total Equity	1 654 000	1 908 000	1 632 000	1 629 000
Total Long-Term Debt	3 898 000	3 200 000	2 000	2 000
Total Current Debt	110 000	1 137 000	95 000	77 000
Total Equity and Debt	5 661 000	6 246 000	1 728 000	1 708 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	2 596 000
Other Income	472 000	338 000	183 000	277 000
Revenue	472 000	338 000	183 000	2 873 000
Cost of Goods Sold	0	0	0	2 596 000
Salary Costs	66 000	88 000	0	0
Depreciation	284 000	34 000	37 000	47 000
Impairment	0	0	0	0
Expenditure	500 000	222 000	181 000	2 851 000
Operating Profit	−28 000	115 000	2 000	23 000
Financial Income	0	0	2 000	70 000
Financial Costs	271 000	15 000	0	39 000
Financial Balance	−271 000	−15 000	2 000	31 000
Dividends	0	0	0	0
Net Income	−255 000	78 000	3 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	160 000	116 000	138 000	139 000
Real Eastate	4 618 000	2 867 000	436 000	473 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 618 000	2 867 000	436 000	473 000
Total Fiancial Fixed Assets	408 000	508 000	308 000	308 000
Total Fixed Assets	5 186 000	3 491 000	883 000	920 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	459 000	1 851 000	784 000	742 000
Total Current Assets	475 000	2 755 000	846 000	787 000
Total Assets	5 661 000	6 246 000	1 728 000	1 708 000
Total Equity	1 654 000	1 908 000	1 632 000	1 629 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 898 000	3 200 000	2 000	2 000
Creditors	65 000	1 113 000	72 000	55 000
Unpaid Taxes	10 000	15 000	22 000	14 000
Dividends	0	0	0	0
Other Current Debt	35 000	10 000	1 000	8 000
Total Current Debt	110 000	1 137 000	95 000	77 000
Total Equity and Debt	5 661 000	6 246 000	1 728 000	1 708 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,42 %	4,09 %	0,18 %	3,44 %
Debt-to-Equity Ratio	2,36	1,68	0	0
Operating Profit Margin	−5,93 %	34,02 %	1,09 %	0,8 %
Current Ratio	4,32	2,42	8,91	10,22
Quick Ratio	4,32	2,42	8,91	10,22
Equity Ratio	0,29	0,31	0,94	0,95
Gross Profit Margin	100 %	100 %	100 %	9,64 %