FRETEX INTERNATIONAL AS

0668 OSLO

Finances

Share Ownership

Return on Equity

32,37 %

Current Ratio

1,82

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	130 955 000	125 426 000	144 597 000	174 895 000
Net Income	2 713 000	2 070 000	−659 000	62 000
Total Assets	18 861 000	17 443 000	22 793 000	22 248 000
Total Equity	8 380 000	5 667 000	3 598 000	4 256 000

Income (NOK)	2022	2021	2020	2019
Revenue	130 955 000	125 426 000	144 597 000	174 895 000
Expenditure	129 235 000	123 611 000	136 647 000	174 605 000
Operating Profit	1 719 000	1 815 000	7 950 000	290 000
Financial Income	6 751 000	4 382 000	3 041 000	2 167 000
Financial Costs	4 549 000	3 839 000	11 317 000	2 203 000
Financial Balance	2 202 000	543 000	−8 276 000	−36 000
Earnings Before Tax	3 921 000	2 358 000	−325 000	253 000
Tax	1 207 000	288 000	333 000	191 000
Net Income	2 713 000	2 070 000	−659 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	18 861 000	17 443 000	22 793 000	22 248 000
Total Assets	18 861 000	17 443 000	22 793 000	22 248 000
Total Retained Equity	7 042 000	4 328 000	2 259 000	2 918 000
Total Equity	8 380 000	5 667 000	3 598 000	4 256 000
Total Long-Term Debt	114 000	0	34 000	118 000
Total Current Debt	10 367 000	11 776 000	19 161 000	17 874 000
Total Equity and Debt	18 861 000	17 443 000	22 793 000	22 248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	130 955 000	125 426 000	144 556 000	174 895 000
Other Income	0	0	40 000	0
Revenue	130 955 000	125 426 000	144 597 000	174 895 000
Cost of Goods Sold	122 518 000	116 652 000	131 226 000	167 162 000
Salary Costs	839 000	988 000	1 245 000	2 927 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	129 235 000	123 611 000	136 647 000	174 605 000
Operating Profit	1 719 000	1 815 000	7 950 000	290 000
Financial Income	6 751 000	4 382 000	3 041 000	2 167 000
Financial Costs	4 549 000	3 839 000	11 317 000	2 203 000
Financial Balance	2 202 000	543 000	−8 276 000	−36 000
Dividends	0	0	0	0
Net Income	2 713 000	2 070 000	−659 000	62 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 060 000	8 630 000	4 639 000	238 000
Total Current Assets	18 861 000	17 443 000	22 793 000	22 248 000
Total Assets	18 861 000	17 443 000	22 793 000	22 248 000
Total Equity	8 380 000	5 667 000	3 598 000	4 256 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	114 000	0	34 000	118 000
Creditors	8 641 000	9 842 000	16 042 000	10 676 000
Unpaid Taxes	105 000	67 000	66 000	160 000
Dividends	0	0	0	0
Other Current Debt	413 000	1 579 000	2 719 000	6 846 000
Total Current Debt	10 367 000	11 776 000	19 161 000	17 874 000
Total Equity and Debt	18 861 000	17 443 000	22 793 000	22 248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,37 %	36,53 %	−18,32 %	1,46 %
Debt-to-Equity Ratio	0,01	0	0,01	0,03
Operating Profit Margin	1,31 %	1,45 %	5,5 %	0,17 %
Current Ratio	1,82	1,48	1,19	1,24
Quick Ratio	1,82	1,48	1,19	1,24
Equity Ratio	0,44	0,32	0,16	0,19
Gross Profit Margin	6,44 %	7 %	9,25 %	4,42 %