FREDRIKSTAD BIL AS

1624 GRESSVIK

Finances

Share Ownership

Return on Equity

30,54 %

Current Ratio

2,93

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 778 000	38 060 000	39 883 000	38 565 000
Net Income	2 242 000	595 000	111 000	86 000
Total Assets	11 264 000	9 426 000	11 538 000	9 846 000
Total Equity	7 342 000	5 100 000	6 705 000	6 593 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 778 000	38 060 000	39 883 000	38 565 000
Expenditure	58 827 000	37 134 000	39 674 000	38 374 000
Operating Profit	2 952 000	926 000	209 000	190 000
Financial Income	0	0	9 000	12 000
Financial Costs	52 000	92 000	75 000	91 000
Financial Balance	−52 000	−92 000	−66 000	−79 000
Earnings Before Tax	2 900 000	834 000	143 000	111 000
Tax	658 000	239 000	31 000	24 000
Net Income	2 242 000	595 000	111 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	311 000	722 000	1 816 000	1 018 000
Total Current Assets	10 953 000	8 704 000	9 722 000	8 828 000
Total Assets	11 264 000	9 426 000	11 538 000	9 846 000
Total Retained Equity	6 542 000	4 300 000	5 905 000	5 793 000
Total Equity	7 342 000	5 100 000	6 705 000	6 593 000
Total Long-Term Debt	180 000	530 000	930 000	965 000
Total Current Debt	3 742 000	3 795 000	3 903 000	2 288 000
Total Equity and Debt	11 264 000	9 426 000	11 538 000	9 846 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 023 000	37 659 000	39 629 000	38 247 000
Other Income	755 000	400 000	255 000	318 000
Revenue	61 778 000	38 060 000	39 883 000	38 565 000
Cost of Goods Sold	50 194 000	29 033 000	30 010 000	28 357 000
Salary Costs	3 975 000	3 979 000	5 616 000	6 220 000
Depreciation	204 000	504 000	450 000	273 000
Impairment	0	0	0	0
Expenditure	58 827 000	37 134 000	39 674 000	38 374 000
Operating Profit	2 952 000	926 000	209 000	190 000
Financial Income	0	0	9 000	12 000
Financial Costs	52 000	92 000	75 000	91 000
Financial Balance	−52 000	−92 000	−66 000	−79 000
Dividends	0	2 200 000	0	0
Net Income	2 242 000	595 000	111 000	86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	63 000	57 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	308 000	719 000	1 751 000	958 000
Total Tangible Assets	308 000	719 000	1 751 000	958 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	311 000	722 000	1 816 000	1 018 000
Stock	8 695 000	4 799 000	7 684 000	5 005 000
Total Investments	0	0	0	0
Cash, Bank	1 371 000	3 355 000	1 779 000	3 602 000
Total Current Assets	10 953 000	8 704 000	9 722 000	8 828 000
Total Assets	11 264 000	9 426 000	11 538 000	9 846 000
Total Equity	7 342 000	5 100 000	6 705 000	6 593 000
Short-Term Group Debt	1 500 000	2 200 000	0	0
Total Long-Term Debt	180 000	530 000	930 000	965 000
Creditors	577 000	250 000	2 850 000	602 000
Unpaid Taxes	200 000	502 000	263 000	808 000
Dividends	0	2 200 000	0	0
Other Current Debt	808 000	667 000	752 000	842 000
Total Current Debt	3 742 000	3 795 000	3 903 000	2 288 000
Total Equity and Debt	11 264 000	9 426 000	11 538 000	9 846 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,54 %	11,67 %	1,66 %	1,3 %
Debt-to-Equity Ratio	0,02	0,1	0,14	0,15
Operating Profit Margin	4,78 %	2,43 %	0,52 %	0,49 %
Current Ratio	2,93	2,29	2,49	3,86
Quick Ratio	−2,21	−8,67	−2,57	−3,25
Equity Ratio	0,65	0,54	0,58	0,67
Gross Profit Margin	18,75 %	23,72 %	24,75 %	26,47 %