FRENO EIENDOM AS

9010 TROMSØ

Finances

Share Ownership

Return on Equity

63,87 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 489 000	1 953 000	2 579 000	2 846 000
Net Income	2 180 000	216 000	246 000	163 000
Total Assets	7 839 000	4 891 000	5 348 000	5 504 000
Total Equity	3 413 000	1 233 000	1 017 000	771 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 489 000	1 953 000	2 579 000	2 846 000
Expenditure	3 122 000	1 584 000	2 158 000	2 496 000
Operating Profit	369 000	369 000	421 000	349 000
Financial Income	2 011 000	0	0	0
Financial Costs	128 000	93 000	105 000	140 000
Financial Balance	1 883 000	−93 000	−105 000	−140 000
Earnings Before Tax	2 252 000	277 000	316 000	209 000
Tax	72 000	61 000	70 000	46 000
Net Income	2 180 000	216 000	246 000	163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 410 000	4 319 000	4 455 000	4 570 000
Total Current Assets	3 429 000	571 000	893 000	934 000
Total Assets	7 839 000	4 891 000	5 348 000	5 504 000
Total Retained Equity	3 263 000	1 083 000	867 000	621 000
Total Equity	3 413 000	1 233 000	1 017 000	771 000
Total Long-Term Debt	2 313 000	3 319 000	1 068 000	1 177 000
Total Current Debt	2 113 000	339 000	3 262 000	3 556 000
Total Equity and Debt	7 839 000	4 891 000	5 348 000	5 504 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 877 000	867 000	1 420 000	1 630 000
Other Income	613 000	1 086 000	1 159 000	1 216 000
Revenue	3 489 000	1 953 000	2 579 000	2 846 000
Cost of Goods Sold	2 267 000	488 000	690 000	1 108 000
Salary Costs	76 000	308 000	745 000	811 000
Depreciation	237 000	230 000	226 000	153 000
Impairment	0	0	0	0
Expenditure	3 122 000	1 584 000	2 158 000	2 496 000
Operating Profit	369 000	369 000	421 000	349 000
Financial Income	2 011 000	0	0	0
Financial Costs	128 000	93 000	105 000	140 000
Financial Balance	1 883 000	−93 000	−105 000	−140 000
Dividends	0	0	0	0
Net Income	2 180 000	216 000	246 000	163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	155 000	136 000	109 000	78 000
Real Eastate	3 807 000	3 907 000	4 008 000	4 108 000
Machinery and Plant Facilities	0	10 000	27 000	44 000
Fixtures	397 000	257 000	303 000	331 000
Total Tangible Assets	4 246 000	4 174 000	4 337 000	4 483 000
Total Fiancial Fixed Assets	9 000	9 000	9 000	9 000
Total Fixed Assets	4 410 000	4 319 000	4 455 000	4 570 000
Stock	642 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	796 000	307 000	283 000	199 000
Total Current Assets	3 429 000	571 000	893 000	934 000
Total Assets	7 839 000	4 891 000	5 348 000	5 504 000
Total Equity	3 413 000	1 233 000	1 017 000	771 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 313 000	3 319 000	1 068 000	1 177 000
Creditors	405 000	88 000	86 000	356 000
Unpaid Taxes	226 000	50 000	155 000	53 000
Dividends	0	0	0	0
Other Current Debt	1 391 000	113 000	158 000	143 000
Total Current Debt	2 113 000	339 000	3 262 000	3 556 000
Total Equity and Debt	7 839 000	4 891 000	5 348 000	5 504 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,87 %	17,52 %	24,19 %	21,14 %
Debt-to-Equity Ratio	0,68	2,69	1,05	1,53
Operating Profit Margin	10,58 %	18,89 %	16,32 %	12,26 %
Current Ratio	1,62	1,68	0,27	0,26
Quick Ratio	2,33	1,68	0,27	0,26
Equity Ratio	0,44	0,25	0,19	0,14
Gross Profit Margin	35,02 %	75,01 %	73,25 %	61,07 %