FRIVEMA INVEST AS

3914 PORSGRUNN

Finances

Return on Equity

43,89 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	481 000	283 000	−22 000	−20 000
Total Assets	1 328 000	1 092 000	1 072 000	1 070 000
Total Equity	1 096 000	615 000	632 000	654 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	19 000	13 000	17 000	14 000
Operating Profit	−19 000	−13 000	−17 000	−14 000
Financial Income	500 000	300 000	0	0
Financial Costs	0	4 000	6 000	6 000
Financial Balance	500 000	296 000	−6 000	−6 000
Earnings Before Tax	481 000	283 000	−22 000	−20 000
Tax	0	0	0	0
Net Income	481 000	283 000	−22 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 065 000	1 065 000	1 065 000	1 065 000
Total Current Assets	262 000	27 000	7 000	5 000
Total Assets	1 328 000	1 092 000	1 072 000	1 070 000
Total Retained Equity	939 000	458 000	475 000	497 000
Total Equity	1 096 000	615 000	632 000	654 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	232 000	478 000	441 000	416 000
Total Equity and Debt	1 328 000	1 092 000	1 072 000	1 070 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 000	13 000	17 000	14 000
Operating Profit	−19 000	−13 000	−17 000	−14 000
Financial Income	500 000	300 000	0	0
Financial Costs	0	4 000	6 000	6 000
Financial Balance	500 000	296 000	−6 000	−6 000
Dividends	0	300 000	0	0
Net Income	481 000	283 000	−22 000	−20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 065 000	1 065 000	1 065 000	1 065 000
Total Fixed Assets	1 065 000	1 065 000	1 065 000	1 065 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 000	27 000	7 000	5 000
Total Current Assets	262 000	27 000	7 000	5 000
Total Assets	1 328 000	1 092 000	1 072 000	1 070 000
Total Equity	1 096 000	615 000	632 000	654 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	300 000	0	0
Other Current Debt	232 000	478 000	441 000	416 000
Total Current Debt	232 000	478 000	441 000	416 000
Total Equity and Debt	1 328 000	1 092 000	1 072 000	1 070 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,89 %	46,02 %	−3,48 %	−3,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,13	0,06	0,02	0,01
Quick Ratio	1,13	0,06	0,02	0,01
Equity Ratio	0,83	0,56	0,59	0,61
Gross Profit Margin	-	-	-	-