FRETEX AS

4315 SANDNES

Finances

Return on Equity

−1,8 %

Current Ratio

0,97

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 106 000	31 612 000	527 084 000	580 400 000
Net Income	−366 000	−25 541 000	6 554 000	−18 186 000
Total Assets	111 563 000	99 053 000	224 968 000	186 743 000
Total Equity	20 319 000	20 684 000	117 546 000	95 574 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 106 000	31 612 000	527 084 000	580 400 000
Expenditure	47 863 000	31 965 000	519 866 000	599 646 000
Operating Profit	−758 000	−353 000	7 186 000	−19 439 000
Financial Income	907 000	423 000	375 000	1 659 000
Financial Costs	515 000	25 611 000	951 000	407 000
Financial Balance	392 000	−25 188 000	−576 000	1 252 000
Earnings Before Tax	−366 000	−25 541 000	6 609 000	−18 186 000
Tax	0	0	56 000	0
Net Income	−366 000	−25 541 000	6 554 000	−18 186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 834 000	22 984 000	26 562 000	40 888 000
Total Current Assets	87 729 000	76 068 000	198 406 000	145 855 000
Total Assets	111 563 000	99 053 000	224 968 000	186 743 000
Total Retained Equity	0	16 000	93 828 000	87 274 000
Total Equity	20 319 000	20 684 000	117 546 000	95 574 000
Total Long-Term Debt	588 000	996 000	30 780 000	1 081 000
Total Current Debt	90 656 000	77 372 000	76 643 000	90 088 000
Total Equity and Debt	111 563 000	99 053 000	224 968 000	186 743 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 106 000	16 323 000	237 562 000	344 682 000
Other Income	0	15 289 000	289 521 000	235 718 000
Revenue	47 106 000	31 612 000	527 084 000	580 400 000
Cost of Goods Sold	653 000	474 000	43 049 000	52 266 000
Salary Costs	19 718 000	14 704 000	294 124 000	331 275 000
Depreciation	986 000	347 000	13 335 000	15 163 000
Impairment	0	0	0	0
Expenditure	47 863 000	31 965 000	519 866 000	599 646 000
Operating Profit	−758 000	−353 000	7 186 000	−19 439 000
Financial Income	907 000	423 000	375 000	1 659 000
Financial Costs	515 000	25 611 000	951 000	407 000
Financial Balance	392 000	−25 188 000	−576 000	1 252 000
Dividends	0	0	0	0
Net Income	−366 000	−25 541 000	6 554 000	−18 186 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 707 000	5 808 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 756 000	1 906 000	14 029 000	17 824 000
Total Tangible Assets	2 756 000	1 906 000	24 510 000	38 500 000
Total Fiancial Fixed Assets	21 078 000	21 078 000	2 052 000	2 388 000
Total Fixed Assets	23 834 000	22 984 000	26 562 000	40 888 000
Stock	0	0	1 994 000	2 122 000
Total Investments	0	0	0	0
Cash, Bank	76 222 000	69 284 000	151 275 000	82 734 000
Total Current Assets	87 729 000	76 068 000	198 406 000	145 855 000
Total Assets	111 563 000	99 053 000	224 968 000	186 743 000
Total Equity	20 319 000	20 684 000	117 546 000	95 574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	588 000	996 000	30 780 000	1 081 000
Creditors	3 438 000	3 543 000	13 938 000	19 240 000
Unpaid Taxes	6 038 000	5 643 000	22 223 000	23 728 000
Dividends	0	0	0	0
Other Current Debt	81 179 000	68 185 000	40 482 000	47 121 000
Total Current Debt	90 656 000	77 372 000	76 643 000	90 088 000
Total Equity and Debt	111 563 000	99 053 000	224 968 000	186 743 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,8 %	−123,48 %	5,58 %	−19,03 %
Debt-to-Equity Ratio	0,03	0,05	0,26	0,01
Operating Profit Margin	−1,61 %	−1,12 %	1,36 %	−3,35 %
Current Ratio	0,97	0,98	2,59	1,62
Quick Ratio	0,97	0,98	2,66	1,66
Equity Ratio	0,18	0,21	0,52	0,51
Gross Profit Margin	98,61 %	98,5 %	91,83 %	90,99 %