FREKHAUG TORG AS

5035 BERGEN

Finances

Share Ownership

Return on Equity

−0,59 %

Current Ratio

7,07

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 804 000	2 126 000	2 194 000	2 800 000
Net Income	−50 000	543 000	453 000	881 000
Total Assets	9 154 000	11 034 000	10 856 000	11 298 000
Total Equity	8 520 000	8 571 000	8 028 000	7 575 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 804 000	2 126 000	2 194 000	2 800 000
Expenditure	1 657 000	1 298 000	1 461 000	1 493 000
Operating Profit	147 000	829 000	733 000	1 307 000
Financial Income	1 000	2 000	10 000	9 000
Financial Costs	73 000	135 000	161 000	187 000
Financial Balance	−72 000	−133 000	−151 000	−178 000
Earnings Before Tax	75 000	696 000	581 000	1 130 000
Tax	126 000	153 000	128 000	249 000
Net Income	−50 000	543 000	453 000	881 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 429 000	6 617 000	6 993 000	7 385 000
Total Current Assets	1 726 000	4 417 000	3 863 000	3 913 000
Total Assets	9 154 000	11 034 000	10 856 000	11 298 000
Total Retained Equity	7 520 000	7 571 000	7 028 000	6 575 000
Total Equity	8 520 000	8 571 000	8 028 000	7 575 000
Total Long-Term Debt	390 000	2 132 000	2 605 000	3 079 000
Total Current Debt	244 000	332 000	222 000	644 000
Total Equity and Debt	9 154 000	11 034 000	10 856 000	11 298 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	1 000
Other Income	1 804 000	2 126 000	2 194 000	2 799 000
Revenue	1 804 000	2 126 000	2 194 000	2 800 000
Cost of Goods Sold	0	1 000	18 000	0
Salary Costs	0	0	83 000	62 000
Depreciation	410 000	410 000	410 000	410 000
Impairment	0	0	0	0
Expenditure	1 657 000	1 298 000	1 461 000	1 493 000
Operating Profit	147 000	829 000	733 000	1 307 000
Financial Income	1 000	2 000	10 000	9 000
Financial Costs	73 000	135 000	161 000	187 000
Financial Balance	−72 000	−133 000	−151 000	−178 000
Dividends	0	0	0	0
Net Income	−50 000	543 000	453 000	881 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	71 000	36 000	18 000
Real Eastate	7 269 000	6 387 000	6 743 000	7 100 000
Machinery and Plant Facilities	160 000	0	0	0
Fixtures	0	160 000	213 000	266 000
Total Tangible Assets	7 429 000	6 547 000	6 956 000	7 366 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 429 000	6 617 000	6 993 000	7 385 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 710 000	4 402 000	3 833 000	3 593 000
Total Current Assets	1 726 000	4 417 000	3 863 000	3 913 000
Total Assets	9 154 000	11 034 000	10 856 000	11 298 000
Total Equity	8 520 000	8 571 000	8 028 000	7 575 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	390 000	2 132 000	2 605 000	3 079 000
Creditors	68 000	91 000	27 000	36 000
Unpaid Taxes	113 000	45 000	42 000	84 000
Dividends	0	0	0	0
Other Current Debt	9 000	8 000	8 000	241 000
Total Current Debt	244 000	332 000	222 000	644 000
Total Equity and Debt	9 154 000	11 034 000	10 856 000	11 298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,59 %	6,34 %	5,64 %	11,63 %
Debt-to-Equity Ratio	0,05	0,25	0,32	0,41
Operating Profit Margin	8,15 %	38,99 %	33,41 %	46,68 %
Current Ratio	7,07	13,3	17,4	6,08
Quick Ratio	7,07	13,3	17,4	6,08
Equity Ratio	0,93	0,78	0,74	0,67
Gross Profit Margin	100 %	99,95 %	99,18 %	100 %