FRIESTAD EIENDOMSUTVIKLING AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

10,77 %

Current Ratio

5,33

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	960 000	960 000	960 000	960 000
Net Income	373 000	573 000	169 000	317 000
Total Assets	8 636 000	8 790 000	8 697 000	9 520 000
Total Equity	3 463 000	3 090 000	2 518 000	2 349 000

Income (NOK)	2022	2021	2020	2019
Revenue	960 000	960 000	960 000	960 000
Expenditure	296 000	257 000	254 000	254 000
Operating Profit	664 000	703 000	706 000	706 000
Financial Income	0	161 000	0	0
Financial Costs	187 000	129 000	489 000	301 000
Financial Balance	−187 000	32 000	−489 000	−301 000
Earnings Before Tax	478 000	734 000	217 000	406 000
Tax	105 000	161 000	48 000	89 000
Net Income	373 000	573 000	169 000	317 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 952 000	7 035 000	7 203 000	7 371 000
Total Current Assets	1 684 000	1 755 000	1 494 000	2 149 000
Total Assets	8 636 000	8 790 000	8 697 000	9 520 000
Total Retained Equity	1 685 000	1 312 000	740 000	571 000
Total Equity	3 463 000	3 090 000	2 518 000	2 349 000
Total Long-Term Debt	4 858 000	5 333 000	5 966 000	6 817 000
Total Current Debt	316 000	367 000	214 000	355 000
Total Equity and Debt	8 636 000	8 790 000	8 697 000	9 520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	960 000	960 000	960 000	960 000
Revenue	960 000	960 000	960 000	960 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	175 000	168 000	168 000	168 000
Impairment	0	0	0	0
Expenditure	296 000	257 000	254 000	254 000
Operating Profit	664 000	703 000	706 000	706 000
Financial Income	0	161 000	0	0
Financial Costs	187 000	129 000	489 000	301 000
Financial Balance	−187 000	32 000	−489 000	−301 000
Dividends	0	0	0	0
Net Income	373 000	573 000	169 000	317 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 867 000	7 035 000	7 203 000	7 371 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	85 000	0	0	0
Total Tangible Assets	6 952 000	7 035 000	7 203 000	7 371 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 952 000	7 035 000	7 203 000	7 371 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	340 000	260 000	0	13 000
Total Current Assets	1 684 000	1 755 000	1 494 000	2 149 000
Total Assets	8 636 000	8 790 000	8 697 000	9 520 000
Total Equity	3 463 000	3 090 000	2 518 000	2 349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 858 000	5 333 000	5 966 000	6 817 000
Creditors	0	0	0	153 000
Unpaid Taxes	31 000	39 000	99 000	59 000
Dividends	0	0	0	0
Other Current Debt	179 000	166 000	67 000	67 000
Total Current Debt	316 000	367 000	214 000	355 000
Total Equity and Debt	8 636 000	8 790 000	8 697 000	9 520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,77 %	18,54 %	6,71 %	13,5 %
Debt-to-Equity Ratio	1,4	1,73	2,37	2,9
Operating Profit Margin	69,17 %	73,23 %	73,54 %	73,54 %
Current Ratio	5,33	4,78	6,98	6,05
Quick Ratio	5,33	4,78	6,98	6,05
Equity Ratio	0,4	0,35	0,29	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %