FRED OLSENS GATE 5 AS

0152 OSLO

Finances

Share Ownership

Return on Equity

16,93 %

Current Ratio

1,82

Debt-to-Equity Ratio

2,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 297 000	5 234 000	4 921 000	5 106 000
Net Income	1 540 000	−7 973 000	−6 134 000	−9 706 000
Total Assets	34 245 000	34 522 000	29 181 000	37 465 000
Total Equity	9 097 000	−16 943 000	−8 970 000	−821 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 297 000	5 234 000	4 921 000	5 106 000
Expenditure	5 152 000	14 489 000	11 759 000	16 713 000
Operating Profit	3 145 000	−9 255 000	−6 838 000	−11 607 000
Financial Income	108 000	0	11 000	253 000
Financial Costs	1 279 000	968 000	1 036 000	1 090 000
Financial Balance	−1 171 000	−968 000	−1 025 000	−837 000
Earnings Before Tax	1 975 000	−10 222 000	−7 863 000	−12 444 000
Tax	434 000	−2 249 000	−1 729 000	−2 738 000
Net Income	1 540 000	−7 973 000	−6 134 000	−9 706 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 431 000	30 440 000	28 766 000	29 967 000
Total Current Assets	4 814 000	4 082 000	416 000	7 498 000
Total Assets	34 245 000	34 522 000	29 181 000	37 465 000
Total Retained Equity	−15 603 000	−17 143 000	−9 170 000	−1 021 000
Total Equity	9 097 000	−16 943 000	−8 970 000	−821 000
Total Long-Term Debt	22 500 000	47 000 000	35 900 000	36 780 000
Total Current Debt	2 647 000	4 465 000	2 251 000	1 506 000
Total Equity and Debt	34 245 000	34 522 000	29 181 000	37 465 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	1 000
Other Income	8 297 000	5 234 000	4 921 000	5 104 000
Revenue	8 297 000	5 234 000	4 921 000	5 106 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	34 000	84 000	111 000
Depreciation	575 000	575 000	575 000	575 000
Impairment	0	0	0	0
Expenditure	5 152 000	14 489 000	11 759 000	16 713 000
Operating Profit	3 145 000	−9 255 000	−6 838 000	−11 607 000
Financial Income	108 000	0	11 000	253 000
Financial Costs	1 279 000	968 000	1 036 000	1 090 000
Financial Balance	−1 171 000	−968 000	−1 025 000	−837 000
Dividends	0	0	0	0
Net Income	1 540 000	−7 973 000	−6 134 000	−9 706 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 375 000	9 810 000	7 561 000	3 847 000
Real Eastate	19 842 000	20 391 000	20 939 000	21 488 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	213 000	239 000	266 000	292 000
Total Tangible Assets	20 055 000	20 630 000	21 205 000	21 779 000
Total Fiancial Fixed Assets	0	0	0	4 341 000
Total Fixed Assets	29 431 000	30 440 000	28 766 000	29 967 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 760 000	1 245 000	77 000	6 129 000
Total Current Assets	4 814 000	4 082 000	416 000	7 498 000
Total Assets	34 245 000	34 522 000	29 181 000	37 465 000
Total Equity	9 097 000	−16 943 000	−8 970 000	−821 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 500 000	47 000 000	35 900 000	36 780 000
Creditors	475 000	222 000	1 939 000	1 054 000
Unpaid Taxes	0	0	16 000	25 000
Dividends	0	0	0	0
Other Current Debt	2 172 000	4 243 000	296 000	427 000
Total Current Debt	2 647 000	4 465 000	2 251 000	1 506 000
Total Equity and Debt	34 245 000	34 522 000	29 181 000	37 465 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,93 %	47,06 %	68,38 %	1 182,22 %
Debt-to-Equity Ratio	2,47	−2,77	−4	−44,8
Operating Profit Margin	37,91 %	−176,82 %	−138,96 %	−227,32 %
Current Ratio	1,82	0,91	0,18	4,98
Quick Ratio	1,82	0,91	0,18	4,98
Equity Ratio	0,27	−0,49	−0,31	−0,02
Gross Profit Margin	100 %	100 %	100 %	100 %