FREDLUNDEN BORETTSLAG

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

−21,11 %

Current Ratio

2,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	331 000	321 000	319 000	313 000
Net Income	−61 000	−40 000	−36 000	−6 000
Total Assets	334 000	400 000	431 000	471 000
Total Equity	289 000	350 000	390 000	426 000

Income (NOK)	2022	2021	2020	2019
Revenue	331 000	321 000	319 000	313 000
Expenditure	364 000	332 000	330 000	291 000
Operating Profit	−34 000	−12 000	−10 000	23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−34 000	−12 000	−10 000	23 000
Tax	27 000	28 000	26 000	29 000
Net Income	−61 000	−40 000	−36 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	241 000	241 000	241 000	241 000
Total Current Assets	94 000	159 000	190 000	230 000
Total Assets	334 000	400 000	431 000	471 000
Total Retained Equity	161 000	222 000	261 000	298 000
Total Equity	289 000	350 000	390 000	426 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	45 000	50 000	41 000	45 000
Total Equity and Debt	334 000	400 000	431 000	471 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	331 000	321 000	319 000	313 000
Revenue	331 000	321 000	319 000	313 000
Cost of Goods Sold	0	0	0	0
Salary Costs	50 000	47 000	49 000	50 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	364 000	332 000	330 000	291 000
Operating Profit	−34 000	−12 000	−10 000	23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−61 000	−40 000	−36 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	241 000	241 000	241 000	241 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	241 000	241 000	241 000	241 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	241 000	241 000	241 000	241 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	152 000	187 000	223 000
Total Current Assets	94 000	159 000	190 000	230 000
Total Assets	334 000	400 000	431 000	471 000
Total Equity	289 000	350 000	390 000	426 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	5 000	6 000	6 000
Unpaid Taxes	2 000	2 000	3 000	3 000
Dividends	0	0	0	0
Other Current Debt	15 000	15 000	7 000	7 000
Total Current Debt	45 000	50 000	41 000	45 000
Total Equity and Debt	334 000	400 000	431 000	471 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,11 %	−11,43 %	−9,23 %	−1,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,27 %	−3,74 %	−3,13 %	7,35 %
Current Ratio	2,09	3,18	4,63	5,11
Quick Ratio	2,09	3,18	4,63	5,11
Equity Ratio	0,87	0,88	0,9	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %