FREDNES BRYGGE AS

3933 PORSGRUNN

Finances

Share Ownership

Return on Equity

33,2 %

Current Ratio

2,01

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 744 000	3 536 000	2 661 000	2 841 000
Net Income	1 481 000	1 162 000	635 000	843 000
Total Assets	14 581 000	14 204 000	13 286 000	12 828 000
Total Equity	4 461 000	4 180 000	3 818 000	3 183 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 744 000	3 536 000	2 661 000	2 841 000
Expenditure	2 575 000	1 865 000	1 660 000	1 530 000
Operating Profit	2 169 000	1 671 000	1 002 000	1 311 000
Financial Income	14 000	7 000	14 000	22 000
Financial Costs	284 000	188 000	202 000	252 000
Financial Balance	−270 000	−181 000	−188 000	−230 000
Earnings Before Tax	1 898 000	1 490 000	814 000	1 081 000
Tax	418 000	328 000	179 000	238 000
Net Income	1 481 000	1 162 000	635 000	843 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 217 000	11 541 000	11 026 000	11 252 000
Total Current Assets	3 364 000	2 663 000	2 260 000	1 576 000
Total Assets	14 581 000	14 204 000	13 286 000	12 828 000
Total Retained Equity	2 461 000	2 180 000	1 818 000	1 183 000
Total Equity	4 461 000	4 180 000	3 818 000	3 183 000
Total Long-Term Debt	8 450 000	8 460 000	8 465 000	7 861 000
Total Current Debt	1 670 000	1 564 000	1 004 000	1 784 000
Total Equity and Debt	14 581 000	14 204 000	13 286 000	12 828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 744 000	0	0	0
Other Income	0	3 536 000	2 661 000	2 841 000
Revenue	4 744 000	3 536 000	2 661 000	2 841 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	324 000	324 000	306 000	303 000
Impairment	0	0	0	0
Expenditure	2 575 000	1 865 000	1 660 000	1 530 000
Operating Profit	2 169 000	1 671 000	1 002 000	1 311 000
Financial Income	14 000	7 000	14 000	22 000
Financial Costs	284 000	188 000	202 000	252 000
Financial Balance	−270 000	−181 000	−188 000	−230 000
Dividends	1 200 000	800 000	0	800 000
Net Income	1 481 000	1 162 000	635 000	843 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 217 000	11 541 000	11 026 000	11 252 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 217 000	11 541 000	11 026 000	11 252 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 217 000	11 541 000	11 026 000	11 252 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	398 000	862 000	1 273 000	594 000
Total Current Assets	3 364 000	2 663 000	2 260 000	1 576 000
Total Assets	14 581 000	14 204 000	13 286 000	12 828 000
Total Equity	4 461 000	4 180 000	3 818 000	3 183 000
Short-Term Group Debt	612 000	0	0	0
Total Long-Term Debt	8 450 000	8 460 000	8 465 000	7 861 000
Creditors	38 000	113 000	155 000	50 000
Unpaid Taxes	386 000	172 000	44 000	110 000
Dividends	1 200 000	800 000	0	800 000
Other Current Debt	207 000	946 000	626 000	590 000
Total Current Debt	1 670 000	1 564 000	1 004 000	1 784 000
Total Equity and Debt	14 581 000	14 204 000	13 286 000	12 828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,2 %	27,8 %	16,63 %	26,48 %
Debt-to-Equity Ratio	1,89	2,02	2,22	2,47
Operating Profit Margin	45,72 %	47,26 %	37,66 %	46,15 %
Current Ratio	2,01	1,7	2,25	0,88
Quick Ratio	2,01	1,7	2,25	0,88
Equity Ratio	0,31	0,29	0,29	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %