FREESTYLE AS

3420 LIERSKOGEN

Finances

Return on Equity

−19,81 %

Current Ratio

5,15

Debt-to-Equity Ratio

3,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 178 000	1 746 000	1 344 000	729 000
Net Income	−168 000	220 000	136 000	89 000
Total Assets	4 735 000	2 684 000	2 346 000	2 410 000
Total Equity	848 000	1 016 000	796 000	659 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 178 000	1 746 000	1 344 000	729 000
Expenditure	4 243 000	1 497 000	1 208 000	644 000
Operating Profit	−66 000	248 000	136 000	85 000
Financial Income	1 000	0	0	4 000
Financial Costs	103 000	28 000	0	0
Financial Balance	−102 000	−28 000	0	4 000
Earnings Before Tax	−168 000	220 000	136 000	89 000
Tax	0	0	0	0
Net Income	−168 000	220 000	136 000	89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	977 000	868 000	168 000	194 000
Total Current Assets	3 758 000	1 816 000	2 178 000	2 215 000
Total Assets	4 735 000	2 684 000	2 346 000	2 410 000
Total Retained Equity	−462 000	−294 000	−514 000	−12 854 000
Total Equity	848 000	1 016 000	796 000	659 000
Total Long-Term Debt	3 157 000	1 510 000	1 413 000	1 729 000
Total Current Debt	730 000	159 000	137 000	21 000
Total Equity and Debt	4 735 000	2 684 000	2 346 000	2 410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 178 000	1 746 000	1 344 000	729 000
Other Income	0	0	0	0
Revenue	4 178 000	1 746 000	1 344 000	729 000
Cost of Goods Sold	3 953 000	1 191 000	954 000	456 000
Salary Costs	0	0	0	0
Depreciation	66 000	30 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	4 243 000	1 497 000	1 208 000	644 000
Operating Profit	−66 000	248 000	136 000	85 000
Financial Income	1 000	0	0	4 000
Financial Costs	103 000	28 000	0	0
Financial Balance	−102 000	−28 000	0	4 000
Dividends	0	0	0	0
Net Income	−168 000	220 000	136 000	89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	671 000	694 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	306 000	174 000	168 000	194 000
Total Tangible Assets	977 000	868 000	168 000	194 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	977 000	868 000	168 000	194 000
Stock	37 000	1 650 000	1 900 000	2 192 000
Total Investments	30 000	31 000	0	0
Cash, Bank	14 000	117 000	170 000	12 000
Total Current Assets	3 758 000	1 816 000	2 178 000	2 215 000
Total Assets	4 735 000	2 684 000	2 346 000	2 410 000
Total Equity	848 000	1 016 000	796 000	659 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 157 000	1 510 000	1 413 000	1 729 000
Creditors	162 000	16 000	26 000	8 000
Unpaid Taxes	166 000	140 000	52 000	14 000
Dividends	0	0	0	0
Other Current Debt	0	0	59 000	0
Total Current Debt	730 000	159 000	137 000	21 000
Total Equity and Debt	4 735 000	2 684 000	2 346 000	2 410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,81 %	21,65 %	17,09 %	13,51 %
Debt-to-Equity Ratio	3,72	1,49	1,78	2,62
Operating Profit Margin	−1,58 %	14,2 %	10,12 %	11,66 %
Current Ratio	5,15	11,42	15,9	105,48
Quick Ratio	5,42	−1,22	−1,24	−1,02
Equity Ratio	0,18	0,38	0,34	0,27
Gross Profit Margin	5,39 %	31,79 %	29,02 %	37,45 %