FREDRIKSTAD NÆRINGSFORENING

1607 FREDRIKSTAD

Finances

Return on Equity

−2,25 %

Current Ratio

2,44

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 685 000	11 114 000	8 170 000	8 494 000
Net Income	−153 000	162 000	232 000	238 000
Total Assets	12 253 000	15 477 000	16 332 000	11 716 000
Total Equity	6 796 000	6 949 000	6 787 000	6 555 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 685 000	11 114 000	8 170 000	8 494 000
Expenditure	10 611 000	11 042 000	8 176 000	8 603 000
Operating Profit	74 000	72 000	−6 000	−109 000
Financial Income	33 000	96 000	238 000	347 000
Financial Costs	260 000	6 000	0	0
Financial Balance	−227 000	90 000	238 000	347 000
Earnings Before Tax	−153 000	162 000	232 000	238 000
Tax	0	0	0	0
Net Income	−153 000	162 000	232 000	238 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 091 000	3 444 000	3 150 000	3 178 000
Total Current Assets	9 161 000	12 033 000	13 182 000	8 537 000
Total Assets	12 253 000	15 477 000	16 332 000	11 716 000
Total Retained Equity	6 796 000	6 949 000	6 787 000	6 555 000
Total Equity	6 796 000	6 949 000	6 787 000	6 555 000
Total Long-Term Debt	1 695 000	3 295 000	3 424 000	0
Total Current Debt	3 761 000	5 232 000	6 120 000	5 160 000
Total Equity and Debt	12 253 000	15 477 000	16 332 000	11 716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 697 000	2 897 000	950 000	1 853 000
Other Income	4 988 000	8 217 000	7 220 000	6 641 000
Revenue	10 685 000	11 114 000	8 170 000	8 494 000
Cost of Goods Sold	0	0	5 000	100 000
Salary Costs	5 858 000	6 041 000	3 739 000	4 114 000
Depreciation	167 000	38 000	28 000	20 000
Impairment	0	0	0	0
Expenditure	10 611 000	11 042 000	8 176 000	8 603 000
Operating Profit	74 000	72 000	−6 000	−109 000
Financial Income	33 000	96 000	238 000	347 000
Financial Costs	260 000	6 000	0	0
Financial Balance	−227 000	90 000	238 000	347 000
Dividends	0	0	0	0
Net Income	−153 000	162 000	232 000	238 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	42 000	0
Total Intangible Assets	0	0	42 000	0
Real Eastate	2 601 000	2 601 000	2 601 000	2 601 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	373 000	397 000	12 000	32 000
Total Tangible Assets	2 974 000	2 999 000	2 613 000	2 633 000
Total Fiancial Fixed Assets	117 000	445 000	495 000	545 000
Total Fixed Assets	3 091 000	3 444 000	3 150 000	3 178 000
Stock	0	0	0	0
Total Investments	5 776 000	5 935 000	5 846 000	6 617 000
Cash, Bank	2 636 000	5 651 000	6 942 000	1 439 000
Total Current Assets	9 161 000	12 033 000	13 182 000	8 537 000
Total Assets	12 253 000	15 477 000	16 332 000	11 716 000
Total Equity	6 796 000	6 949 000	6 787 000	6 555 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 695 000	3 295 000	3 424 000	0
Creditors	199 000	412 000	340 000	533 000
Unpaid Taxes	378 000	545 000	274 000	296 000
Dividends	0	0	0	0
Other Current Debt	3 184 000	4 274 000	5 505 000	4 331 000
Total Current Debt	3 761 000	5 232 000	6 120 000	5 160 000
Total Equity and Debt	12 253 000	15 477 000	16 332 000	11 716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,25 %	2,33 %	3,42 %	3,63 %
Debt-to-Equity Ratio	0,25	0,47	0,5	0
Operating Profit Margin	0,69 %	0,65 %	−0,07 %	−1,28 %
Current Ratio	2,44	2,3	2,15	1,65
Quick Ratio	2,44	2,3	2,15	1,65
Equity Ratio	0,55	0,45	0,42	0,56
Gross Profit Margin	100 %	100 %	99,94 %	98,82 %