FREDLUND AS

6100 VOLDA

Finances

Return on Equity

−32,2 %

Current Ratio

1,32

Debt-to-Equity Ratio

1,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	991 000	891 000	4 826 000	1 162 000
Net Income	−736 000	2 527 000	2 544 000	145 000
Total Assets	6 648 000	4 424 000	5 231 000	1 575 000
Total Equity	2 286 000	3 291 000	1 099 000	−871 000

Income (NOK)	2022	2021	2020	2019
Revenue	991 000	891 000	4 826 000	1 162 000
Expenditure	1 443 000	984 000	1 454 000	856 000
Operating Profit	−451 000	−93 000	3 372 000	306 000
Financial Income	215 000	2 559 000	5 000	2 000
Financial Costs	557 000	8 000	86 000	93 000
Financial Balance	−342 000	2 551 000	−81 000	−91 000
Earnings Before Tax	−794 000	2 457 000	3 290 000	214 000
Tax	−58 000	−70 000	746 000	69 000
Net Income	−736 000	2 527 000	2 544 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 431 000	320 000	320 000	1 480 000
Total Current Assets	1 217 000	4 104 000	4 911 000	95 000
Total Assets	6 648 000	4 424 000	5 231 000	1 575 000
Total Retained Equity	2 136 000	3 141 000	949 000	−1 021 000
Total Equity	2 286 000	3 291 000	1 099 000	−871 000
Total Long-Term Debt	3 437 000	579 000	2 312 000	1 801 000
Total Current Debt	925 000	555 000	1 821 000	645 000
Total Equity and Debt	6 648 000	4 424 000	5 231 000	1 575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	991 000	891 000	4 826 000	1 162 000
Revenue	991 000	891 000	4 826 000	1 162 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 000	179 000	0	0
Depreciation	9 000	0	36 000	36 000
Impairment	0	0	0	0
Expenditure	1 443 000	984 000	1 454 000	856 000
Operating Profit	−451 000	−93 000	3 372 000	306 000
Financial Income	215 000	2 559 000	5 000	2 000
Financial Costs	557 000	8 000	86 000	93 000
Financial Balance	−342 000	2 551 000	−81 000	−91 000
Dividends	0	0	0	0
Net Income	−736 000	2 527 000	2 544 000	145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 111 000	0	0	1 160 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 111 000	0	0	1 160 000
Total Fiancial Fixed Assets	320 000	320 000	320 000	320 000
Total Fixed Assets	5 431 000	320 000	320 000	1 480 000
Stock	0	0	0	0
Total Investments	293 000	2 960 000	0	0
Cash, Bank	782 000	465 000	94 000	39 000
Total Current Assets	1 217 000	4 104 000	4 911 000	95 000
Total Assets	6 648 000	4 424 000	5 231 000	1 575 000
Total Equity	2 286 000	3 291 000	1 099 000	−871 000
Short-Term Group Debt	0	0	72 000	0
Total Long-Term Debt	3 437 000	579 000	2 312 000	1 801 000
Creditors	9 000	17 000	8 000	80 000
Unpaid Taxes	2 000	13 000	0	0
Dividends	0	0	0	0
Other Current Debt	570 000	96 000	1 004 000	434 000
Total Current Debt	925 000	555 000	1 821 000	645 000
Total Equity and Debt	6 648 000	4 424 000	5 231 000	1 575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,2 %	76,79 %	231,48 %	−16,65 %
Debt-to-Equity Ratio	1,5	0,18	2,1	−2,07
Operating Profit Margin	−45,51 %	−10,44 %	69,87 %	26,33 %
Current Ratio	1,32	7,39	2,7	0,15
Quick Ratio	1,32	7,39	2,7	0,15
Equity Ratio	0,34	0,74	0,21	−0,55
Gross Profit Margin	100 %	100 %	100 %	100 %