FREDRIKSTAD EIENDOMSUTVIKLING AS

1622 GRESSVIK

Finances

Return on Equity

5,28 %

Current Ratio

2,66

Debt-to-Equity Ratio

3,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 403 000	199 000	2 662 000	264 000
Net Income	184 000	293 000	1 909 000	4 000
Total Assets	17 401 000	17 025 000	20 349 000	18 466 000
Total Equity	3 488 000	3 304 000	4 300 000	4 713 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 403 000	199 000	2 662 000	264 000
Expenditure	1 058 000	628 000	910 000	610 000
Operating Profit	345 000	−429 000	1 752 000	−347 000
Financial Income	464 000	1 213 000	818 000	896 000
Financial Costs	573 000	408 000	465 000	545 000
Financial Balance	−109 000	805 000	353 000	351 000
Earnings Before Tax	236 000	376 000	2 105 000	4 000
Tax	52 000	83 000	196 000	0
Net Income	184 000	293 000	1 909 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 854 000	15 986 000	15 941 000	17 864 000
Total Current Assets	1 547 000	1 039 000	4 408 000	601 000
Total Assets	17 401 000	17 025 000	20 349 000	18 466 000
Total Retained Equity	478 000	294 000	0	39 000
Total Equity	3 488 000	3 304 000	4 300 000	4 713 000
Total Long-Term Debt	13 331 000	13 279 000	13 196 000	13 000 000
Total Current Debt	582 000	442 000	2 853 000	753 000
Total Equity and Debt	17 401 000	17 025 000	20 349 000	18 466 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 403 000	199 000	2 662 000	264 000
Revenue	1 403 000	199 000	2 662 000	264 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	132 000	113 000	149 000	144 000
Impairment	0	0	0	0
Expenditure	1 058 000	628 000	910 000	610 000
Operating Profit	345 000	−429 000	1 752 000	−347 000
Financial Income	464 000	1 213 000	818 000	896 000
Financial Costs	573 000	408 000	465 000	545 000
Financial Balance	−109 000	805 000	353 000	351 000
Dividends	0	0	2 321 000	0
Net Income	184 000	293 000	1 909 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	50 000	50 000	50 000
Real Eastate	3 560 000	3 658 000	3 712 000	5 626 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	100 000	134 000	35 000	44 000
Total Tangible Assets	3 660 000	3 792 000	3 747 000	5 670 000
Total Fiancial Fixed Assets	12 144 000	12 144 000	12 144 000	12 144 000
Total Fixed Assets	15 854 000	15 986 000	15 941 000	17 864 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	42 000	59 000	4 137 000	273 000
Total Current Assets	1 547 000	1 039 000	4 408 000	601 000
Total Assets	17 401 000	17 025 000	20 349 000	18 466 000
Total Equity	3 488 000	3 304 000	4 300 000	4 713 000
Short-Term Group Debt	376 000	191 000	431 000	616 000
Total Long-Term Debt	13 331 000	13 279 000	13 196 000	13 000 000
Creditors	4 000	150 000	3 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	2 321 000	0
Other Current Debt	202 000	102 000	98 000	137 000
Total Current Debt	582 000	442 000	2 853 000	753 000
Total Equity and Debt	17 401 000	17 025 000	20 349 000	18 466 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,28 %	8,87 %	44,4 %	0,08 %
Debt-to-Equity Ratio	3,82	4,02	3,07	2,76
Operating Profit Margin	24,59 %	−215,58 %	65,82 %	−131,44 %
Current Ratio	2,66	2,35	1,55	0,8
Quick Ratio	2,66	2,35	1,55	0,8
Equity Ratio	0,2	0,19	0,21	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %