FRECAR INVEST AS

3036 DRAMMEN

Finances

Return on Equity

−30,5 %

Current Ratio

8,51

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 000	2 781 000	982 000	2 717 000
Net Income	−3 042 000	2 151 000	124 000	1 528 000
Total Assets	13 107 000	15 927 000	14 578 000	13 553 000
Total Equity	9 973 000	13 814 000	12 463 000	13 439 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 000	2 781 000	982 000	2 717 000
Expenditure	3 002 000	267 000	154 000	280 000
Operating Profit	−2 958 000	2 515 000	827 000	2 436 000
Financial Income	12 000	38 000	19 000	4 000
Financial Costs	96 000	401 000	722 000	912 000
Financial Balance	−84 000	−363 000	−703 000	−908 000
Earnings Before Tax	−3 042 000	2 151 000	124 000	1 528 000
Tax	0	0	0	0
Net Income	−3 042 000	2 151 000	124 000	1 528 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 455 000	3 729 000	3 687 000	2 361 000
Total Current Assets	9 652 000	12 198 000	10 891 000	11 192 000
Total Assets	13 107 000	15 927 000	14 578 000	13 553 000
Total Retained Equity	9 815 000	13 657 000	12 306 000	13 282 000
Total Equity	9 973 000	13 814 000	12 463 000	13 439 000
Total Long-Term Debt	2 000 000	2 000 000	2 000 000	0
Total Current Debt	1 134 000	113 000	115 000	114 000
Total Equity and Debt	13 107 000	15 927 000	14 578 000	13 553 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 000	2 781 000	982 000	2 717 000
Other Income	0	0	0	0
Revenue	45 000	2 781 000	982 000	2 717 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 002 000	267 000	154 000	280 000
Operating Profit	−2 958 000	2 515 000	827 000	2 436 000
Financial Income	12 000	38 000	19 000	4 000
Financial Costs	96 000	401 000	722 000	912 000
Financial Balance	−84 000	−363 000	−703 000	−908 000
Dividends	0	0	0	0
Net Income	−3 042 000	2 151 000	124 000	1 528 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 590 000	1 590 000	1 590 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 590 000	1 590 000	1 590 000	0
Total Fiancial Fixed Assets	1 865 000	2 139 000	2 097 000	2 361 000
Total Fixed Assets	3 455 000	3 729 000	3 687 000	2 361 000
Stock	0	0	0	0
Total Investments	8 405 000	11 782 000	9 839 000	10 854 000
Cash, Bank	1 203 000	415 000	1 052 000	338 000
Total Current Assets	9 652 000	12 198 000	10 891 000	11 192 000
Total Assets	13 107 000	15 927 000	14 578 000	13 553 000
Total Equity	9 973 000	13 814 000	12 463 000	13 439 000
Short-Term Group Debt	0	0	2 000	1 000
Total Long-Term Debt	2 000 000	2 000 000	2 000 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 134 000	113 000	113 000	113 000
Total Current Debt	1 134 000	113 000	115 000	114 000
Total Equity and Debt	13 107 000	15 927 000	14 578 000	13 553 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,5 %	15,57 %	0,99 %	11,37 %
Debt-to-Equity Ratio	0,2	0,14	0,16	0
Operating Profit Margin	−6 573,33 %	90,44 %	84,22 %	89,66 %
Current Ratio	8,51	107,95	94,7	98,18
Quick Ratio	8,51	107,95	94,7	98,18
Equity Ratio	0,76	0,87	0,85	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %