FRAGE EIENDOMSUTVIKLING AS

3235 SANDEFJORD

Finances

Share Ownership

Return on Equity

−12,48 %

Current Ratio

0,95

Debt-to-Equity Ratio

3,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 097 000	1 081 000	1 068 000	1 119 000
Net Income	−688 000	−13 000	−60 000	0
Total Assets	24 943 000	23 190 000	22 968 000	22 455 000
Total Equity	5 514 000	5 048 000	5 142 000	5 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 097 000	1 081 000	1 068 000	1 119 000
Expenditure	1 265 000	665 000	676 000	403 000
Operating Profit	−167 000	416 000	391 000	716 000
Financial Income	167 000	285 000	267 000	0
Financial Costs	882 000	718 000	735 000	716 000
Financial Balance	−715 000	−433 000	−468 000	−716 000
Earnings Before Tax	−882 000	−17 000	−77 000	0
Tax	−194 000	−4 000	−17 000	0
Net Income	−688 000	−13 000	−60 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 368 000	22 649 000	22 360 000	16 815 000
Total Current Assets	1 576 000	540 000	607 000	5 640 000
Total Assets	24 943 000	23 190 000	22 968 000	22 455 000
Total Retained Equity	−5 888 000	−5 200 000	−5 107 000	−4 966 000
Total Equity	5 514 000	5 048 000	5 142 000	5 082 000
Total Long-Term Debt	17 773 000	17 437 000	17 297 000	17 185 000
Total Current Debt	1 657 000	704 000	529 000	189 000
Total Equity and Debt	24 943 000	23 190 000	22 968 000	22 455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 097 000	1 081 000	1 068 000	1 119 000
Revenue	1 097 000	1 081 000	1 068 000	1 119 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	86 000
Depreciation	120 000	120 000	120 000	120 000
Impairment	0	0	0	0
Expenditure	1 265 000	665 000	676 000	403 000
Operating Profit	−167 000	416 000	391 000	716 000
Financial Income	167 000	285 000	267 000	0
Financial Costs	882 000	718 000	735 000	716 000
Financial Balance	−715 000	−433 000	−468 000	−716 000
Dividends	0	0	0	0
Net Income	−688 000	−13 000	−60 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	46 000	19 000	0
Real Eastate	17 172 000	16 575 000	16 695 000	16 815 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	17 172 000	16 575 000	16 695 000	16 815 000
Total Fiancial Fixed Assets	6 195 000	6 028 000	5 646 000	0
Total Fixed Assets	23 368 000	22 649 000	22 360 000	16 815 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	36 000	451 000	208 000	1 207 000
Total Current Assets	1 576 000	540 000	607 000	5 640 000
Total Assets	24 943 000	23 190 000	22 968 000	22 455 000
Total Equity	5 514 000	5 048 000	5 142 000	5 082 000
Short-Term Group Debt	0	103 000	103 000	0
Total Long-Term Debt	17 773 000	17 437 000	17 297 000	17 185 000
Creditors	1 502 000	473 000	307 000	7 000
Unpaid Taxes	56 000	57 000	52 000	104 000
Dividends	0	0	0	0
Other Current Debt	98 000	71 000	67 000	78 000
Total Current Debt	1 657 000	704 000	529 000	189 000
Total Equity and Debt	24 943 000	23 190 000	22 968 000	22 455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,48 %	−0,26 %	−1,17 %	0 %
Debt-to-Equity Ratio	3,22	3,45	3,36	3,38
Operating Profit Margin	−15,22 %	38,48 %	36,61 %	63,99 %
Current Ratio	0,95	0,77	1,15	29,84
Quick Ratio	0,95	0,77	1,15	29,84
Equity Ratio	0,22	0,22	0,22	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %