FREDENSBORG HOLDING AS

1443 DRØBAK

Finances

Return on Equity

−0,94 %

Current Ratio

45,55

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	150 000	108 000	171 000	82 000
Net Income	−18 000	2 089 000	103 000	78 000
Total Assets	1 953 000	2 386 000	334 000	296 000
Total Equity	1 922 000	1 940 000	251 000	248 000

Income (NOK)	2021	2020	2019	2018
Revenue	150 000	108 000	171 000	82 000
Expenditure	193 000	14 000	30 000	7 000
Operating Profit	−44 000	94 000	141 000	75 000
Financial Income	20 000	2 022 000	3 000	21 000
Financial Costs	0	8 000	11 000	0
Financial Balance	20 000	2 014 000	−8 000	21 000
Earnings Before Tax	−24 000	2 108 000	133 000	95 000
Tax	−5 000	19 000	29 000	17 000
Net Income	−18 000	2 089 000	103 000	78 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	541 000	18 000	18 000	18 000
Total Current Assets	1 412 000	2 368 000	315 000	277 000
Total Assets	1 953 000	2 386 000	334 000	296 000
Total Retained Equity	1 821 000	1 839 000	150 000	147 000
Total Equity	1 922 000	1 940 000	251 000	248 000
Total Long-Term Debt	0	0	3 000	4 000
Total Current Debt	31 000	446 000	79 000	44 000
Total Equity and Debt	1 953 000	2 386 000	334 000	296 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	150 000	108 000	171 000	82 000
Other Income	0	0	0	0
Revenue	150 000	108 000	171 000	82 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	129 000	0	0	0
Impairment	0	0	0	0
Expenditure	193 000	14 000	30 000	7 000
Operating Profit	−44 000	94 000	141 000	75 000
Financial Income	20 000	2 022 000	3 000	21 000
Financial Costs	0	8 000	11 000	0
Financial Balance	20 000	2 014 000	−8 000	21 000
Dividends	0	400 000	0	0
Net Income	−18 000	2 089 000	103 000	78 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	5 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	518 000	0	0	0
Total Tangible Assets	518 000	0	0	0
Total Fiancial Fixed Assets	18 000	18 000	18 000	18 000
Total Fixed Assets	541 000	18 000	18 000	18 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 134 000	1 827 000	306 000	261 000
Total Current Assets	1 412 000	2 368 000	315 000	277 000
Total Assets	1 953 000	2 386 000	334 000	296 000
Total Equity	1 922 000	1 940 000	251 000	248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	4 000
Creditors	0	0	0	0
Unpaid Taxes	31 000	23 000	35 000	25 000
Dividends	0	400 000	0	0
Other Current Debt	0	0	0	0
Total Current Debt	31 000	446 000	79 000	44 000
Total Equity and Debt	1 953 000	2 386 000	334 000	296 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−0,94 %	107,68 %	41,04 %	31,45 %
Debt-to-Equity Ratio	0	0	0,01	0,02
Operating Profit Margin	−29,33 %	87,04 %	82,46 %	91,46 %
Current Ratio	45,55	5,31	3,99	6,3
Quick Ratio	45,55	5,31	3,99	6,3
Equity Ratio	0,98	0,81	0,75	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %