FREDHEIM BORETTSLAG

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

5,35 %

Current Ratio

1,52

Debt-to-Equity Ratio

1,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	974 000	973 000	978 000	976 000
Net Income	265 000	400 000	356 000	435 000
Total Assets	13 447 000	13 552 000	13 620 000	13 677 000
Total Equity	4 950 000	4 685 000	4 285 000	3 929 000

Income (NOK)	2022	2021	2020	2019
Revenue	974 000	973 000	978 000	976 000
Expenditure	632 000	514 000	459 000	360 000
Operating Profit	343 000	460 000	519 000	617 000
Financial Income	2 000	0	1 000	3 000
Financial Costs	80 000	61 000	163 000	184 000
Financial Balance	−78 000	−61 000	−162 000	−181 000
Earnings Before Tax	265 000	400 000	356 000	435 000
Tax	0	0	0	0
Net Income	265 000	400 000	356 000	435 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 336 000	13 283 000	13 289 000	13 296 000
Total Current Assets	111 000	269 000	330 000	381 000
Total Assets	13 447 000	13 552 000	13 620 000	13 677 000
Total Retained Equity	4 949 000	4 684 000	4 284 000	3 928 000
Total Equity	4 950 000	4 685 000	4 285 000	3 929 000
Total Long-Term Debt	8 424 000	8 848 000	9 281 000	9 667 000
Total Current Debt	73 000	19 000	53 000	80 000
Total Equity and Debt	13 447 000	13 552 000	13 620 000	13 677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	974 000	973 000	978 000	976 000
Revenue	974 000	973 000	978 000	976 000
Cost of Goods Sold	0	0	0	0
Salary Costs	38 000	38 000	36 000	38 000
Depreciation	4 000	7 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	632 000	514 000	459 000	360 000
Operating Profit	343 000	460 000	519 000	617 000
Financial Income	2 000	0	1 000	3 000
Financial Costs	80 000	61 000	163 000	184 000
Financial Balance	−78 000	−61 000	−162 000	−181 000
Dividends	0	0	0	0
Net Income	265 000	400 000	356 000	435 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 336 000	13 279 000	13 279 000	13 279 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	11 000	17 000
Total Tangible Assets	13 336 000	13 283 000	13 289 000	13 296 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 336 000	13 283 000	13 289 000	13 296 000
Stock	0	0	0	0
Total Investments	0	0	2 000	0
Cash, Bank	32 000	256 000	176 000	323 000
Total Current Assets	111 000	269 000	330 000	381 000
Total Assets	13 447 000	13 552 000	13 620 000	13 677 000
Total Equity	4 950 000	4 685 000	4 285 000	3 929 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 424 000	8 848 000	9 281 000	9 667 000
Creditors	69 000	17 000	24 000	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	2 000	29 000	70 000
Total Current Debt	73 000	19 000	53 000	80 000
Total Equity and Debt	13 447 000	13 552 000	13 620 000	13 677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,35 %	8,54 %	8,31 %	11,07 %
Debt-to-Equity Ratio	1,7	1,89	2,17	2,46
Operating Profit Margin	35,22 %	47,28 %	53,07 %	63,22 %
Current Ratio	1,52	14,16	6,23	4,76
Quick Ratio	1,52	14,16	6,23	4,76
Equity Ratio	0,37	0,35	0,31	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %