FRENKEN AS

5384 TORANGSVÅG

Finances

Return on Equity

−1,33 %

Current Ratio

475,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	133 000	127 000	136 000	96 000
Net Income	−157 000	182 000	152 000	241 000
Total Assets	11 794 000	12 097 000	12 140 000	12 593 000
Total Equity	11 785 000	11 942 000	11 910 000	11 958 000

Income (NOK)	2022	2021	2020	2019
Revenue	133 000	127 000	136 000	96 000
Expenditure	215 000	184 000	159 000	91 000
Operating Profit	−82 000	−57 000	−24 000	5 000
Financial Income	67 000	237 000	178 000	251 000
Financial Costs	142 000	0	0	0
Financial Balance	−75 000	237 000	178 000	251 000
Earnings Before Tax	−157 000	179 000	154 000	256 000
Tax	0	−3 000	2 000	15 000
Net Income	−157 000	182 000	152 000	241 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 039 000	6 011 000	6 072 000	6 134 000
Total Current Assets	4 755 000	6 086 000	6 068 000	6 459 000
Total Assets	11 794 000	12 097 000	12 140 000	12 593 000
Total Retained Equity	8 827 000	8 984 000	8 952 000	8 999 000
Total Equity	11 785 000	11 942 000	11 910 000	11 958 000
Total Long-Term Debt	0	0	3 000	5 000
Total Current Debt	10 000	156 000	228 000	630 000
Total Equity and Debt	11 794 000	12 097 000	12 140 000	12 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	133 000	127 000	136 000	96 000
Revenue	133 000	127 000	136 000	96 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	72 000	61 000	61 000	37 000
Impairment	0	0	0	0
Expenditure	215 000	184 000	159 000	91 000
Operating Profit	−82 000	−57 000	−24 000	5 000
Financial Income	67 000	237 000	178 000	251 000
Financial Costs	142 000	0	0	0
Financial Balance	−75 000	237 000	178 000	251 000
Dividends	0	150 000	200 000	610 000
Net Income	−157 000	182 000	152 000	241 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 532 000	3 443 000	3 443 000	3 443 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	86 000	147 000	209 000	270 000
Total Tangible Assets	4 618 000	3 590 000	3 651 000	3 713 000
Total Fiancial Fixed Assets	2 421 000	2 421 000	2 421 000	2 421 000
Total Fixed Assets	7 039 000	6 011 000	6 072 000	6 134 000
Stock	0	0	0	0
Total Investments	0	2 790 000	2 566 000	2 412 000
Cash, Bank	4 735 000	3 149 000	3 501 000	3 445 000
Total Current Assets	4 755 000	6 086 000	6 068 000	6 459 000
Total Assets	11 794 000	12 097 000	12 140 000	12 593 000
Total Equity	11 785 000	11 942 000	11 910 000	11 958 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	5 000
Creditors	4 000	4 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	150 000	200 000	610 000
Other Current Debt	5 000	2 000	22 000	11 000
Total Current Debt	10 000	156 000	228 000	630 000
Total Equity and Debt	11 794 000	12 097 000	12 140 000	12 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,33 %	1,52 %	1,28 %	2,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−61,65 %	−44,88 %	−17,65 %	5,21 %
Current Ratio	475,5	39,01	26,61	10,25
Quick Ratio	475,5	39,01	26,61	10,25
Equity Ratio	1	0,99	0,98	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %