FRÆNAVEGEN 107 AS

6419 MOLDE

Finances

Share Ownership

Return on Equity

11,92 %

Current Ratio

0,63

Debt-to-Equity Ratio

2,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 961 000	2 806 000	2 794 000	2 760 000
Net Income	1 006 000	1 100 000	1 063 000	937 000
Total Assets	29 434 000	32 275 000	33 185 000	33 958 000
Total Equity	8 440 000	8 366 000	11 260 000	11 115 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 961 000	2 806 000	2 794 000	2 760 000
Expenditure	1 019 000	899 000	825 000	824 000
Operating Profit	1 942 000	1 907 000	1 969 000	1 935 000
Financial Income	21 000	16 000	42 000	74 000
Financial Costs	672 000	513 000	648 000	807 000
Financial Balance	−651 000	−497 000	−606 000	−733 000
Earnings Before Tax	1 290 000	1 410 000	1 363 000	1 202 000
Tax	284 000	310 000	300 000	264 000
Net Income	1 006 000	1 100 000	1 063 000	937 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 573 000	29 226 000	30 698 000	32 282 000
Total Current Assets	862 000	3 049 000	2 487 000	1 675 000
Total Assets	29 434 000	32 275 000	33 185 000	33 958 000
Total Retained Equity	222 000	149 000	3 042 000	2 897 000
Total Equity	8 440 000	8 366 000	11 260 000	11 115 000
Total Long-Term Debt	19 631 000	19 488 000	20 607 000	21 717 000
Total Current Debt	1 363 000	4 421 000	1 318 000	1 126 000
Total Equity and Debt	29 434 000	32 275 000	33 185 000	33 958 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 961 000	2 806 000	2 794 000	2 760 000
Other Income	0	0	0	0
Revenue	2 961 000	2 806 000	2 794 000	2 760 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	653 000	653 000	653 000	653 000
Impairment	0	0	0	0
Expenditure	1 019 000	899 000	825 000	824 000
Operating Profit	1 942 000	1 907 000	1 969 000	1 935 000
Financial Income	21 000	16 000	42 000	74 000
Financial Costs	672 000	513 000	648 000	807 000
Financial Balance	−651 000	−497 000	−606 000	−733 000
Dividends	0	0	0	0
Net Income	1 006 000	1 100 000	1 063 000	937 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 573 000	29 226 000	29 856 000	30 509 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	28 573 000	29 226 000	29 856 000	30 509 000
Total Fiancial Fixed Assets	0	0	842 000	1 773 000
Total Fixed Assets	28 573 000	29 226 000	30 698 000	32 282 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	856 000	3 044 000	2 460 000	1 658 000
Total Current Assets	862 000	3 049 000	2 487 000	1 675 000
Total Assets	29 434 000	32 275 000	33 185 000	33 958 000
Total Equity	8 440 000	8 366 000	11 260 000	11 115 000
Short-Term Group Debt	1 196 000	4 273 000	1 178 000	964 000
Total Long-Term Debt	19 631 000	19 488 000	20 607 000	21 717 000
Creditors	18 000	14 000	6 000	3 000
Unpaid Taxes	119 000	113 000	115 000	115 000
Dividends	0	0	0	0
Other Current Debt	31 000	21 000	20 000	44 000
Total Current Debt	1 363 000	4 421 000	1 318 000	1 126 000
Total Equity and Debt	29 434 000	32 275 000	33 185 000	33 958 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,92 %	13,15 %	9,44 %	8,43 %
Debt-to-Equity Ratio	2,33	2,33	1,83	1,95
Operating Profit Margin	65,59 %	67,96 %	70,47 %	70,11 %
Current Ratio	0,63	0,69	1,89	1,49
Quick Ratio	0,63	0,69	1,89	1,49
Equity Ratio	0,29	0,26	0,34	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %