FREESOFT AS

5379 STEINSLAND

Finances

Share Ownership

Return on Equity

3,33 %

Current Ratio

5,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	693 000	917 000	428 000	854 000
Net Income	15 000	170 000	31 000	128 000
Total Assets	548 000	521 000	315 000	262 000
Total Equity	451 000	435 000	265 000	234 000

Income (NOK)	2022	2021	2020	2019
Revenue	693 000	917 000	428 000	854 000
Expenditure	673 000	700 000	389 000	719 000
Operating Profit	20 000	218 000	39 000	135 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	21 000	218 000	40 000	136 000
Tax	5 000	48 000	9 000	9 000
Net Income	15 000	170 000	31 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	5 000
Total Current Assets	548 000	521 000	315 000	256 000
Total Assets	548 000	521 000	315 000	262 000
Total Retained Equity	351 000	335 000	165 000	134 000
Total Equity	451 000	435 000	265 000	234 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	97 000	86 000	50 000	26 000
Total Equity and Debt	548 000	521 000	315 000	262 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	693 000	917 000	428 000	854 000
Other Income	0	0	0	0
Revenue	693 000	917 000	428 000	854 000
Cost of Goods Sold	417 000	453 000	170 000	524 000
Salary Costs	192 000	186 000	154 000	130 000
Depreciation	0	0	5 000	8 000
Impairment	0	0	0	0
Expenditure	673 000	700 000	389 000	719 000
Operating Profit	20 000	218 000	39 000	135 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	15 000	170 000	31 000	128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	5 000
Total Tangible Assets	0	0	0	5 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	525 000	495 000	296 000	237 000
Total Current Assets	548 000	521 000	315 000	256 000
Total Assets	548 000	521 000	315 000	262 000
Total Equity	451 000	435 000	265 000	234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	7 000	3 000	2 000	4 000
Unpaid Taxes	53 000	19 000	27 000	6 000
Dividends	0	0	0	0
Other Current Debt	32 000	17 000	11 000	9 000
Total Current Debt	97 000	86 000	50 000	26 000
Total Equity and Debt	548 000	521 000	315 000	262 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,33 %	39,08 %	11,7 %	54,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,89 %	23,77 %	9,11 %	15,81 %
Current Ratio	5,65	6,06	6,3	9,85
Quick Ratio	5,65	6,06	6,3	9,85
Equity Ratio	0,82	0,83	0,84	0,89
Gross Profit Margin	39,83 %	50,6 %	60,28 %	38,64 %