FREDNES EIENDOM AS

3917 PORSGRUNN

Finances

Share Ownership

Return on Equity

0,92 %

Current Ratio

22,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	234 000	222 000	150 000	150 000
Net Income	35 000	45 000	−12 000	3 000
Total Assets	3 816 000	3 806 000	3 769 000	3 764 000
Total Equity	3 806 000	3 770 000	3 726 000	3 738 000

Income (NOK)	2022	2021	2020	2019
Revenue	234 000	222 000	150 000	150 000
Expenditure	197 000	163 000	165 000	146 000
Operating Profit	37 000	59 000	−14 000	4 000
Financial Income	9 000	0	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	8 000	−1 000	−1 000	−1 000
Earnings Before Tax	45 000	58 000	−15 000	3 000
Tax	10 000	13 000	−3 000	1 000
Net Income	35 000	45 000	−12 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 589 000	3 589 000	3 592 000	3 589 000
Total Current Assets	227 000	217 000	177 000	174 000
Total Assets	3 816 000	3 806 000	3 769 000	3 764 000
Total Retained Equity	606 000	570 000	526 000	538 000
Total Equity	3 806 000	3 770 000	3 726 000	3 738 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 000	36 000	43 000	26 000
Total Equity and Debt	3 816 000	3 806 000	3 769 000	3 764 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	72 000	0	0
Other Income	234 000	150 000	150 000	150 000
Revenue	234 000	222 000	150 000	150 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	31 000	26 000	24 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	197 000	163 000	165 000	146 000
Operating Profit	37 000	59 000	−14 000	4 000
Financial Income	9 000	0	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	8 000	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	35 000	45 000	−12 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	0
Real Eastate	3 589 000	3 589 000	3 589 000	3 589 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 589 000	3 589 000	3 589 000	3 589 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 589 000	3 589 000	3 592 000	3 589 000
Stock	0	0	0	0
Total Investments	0	170 000	135 000	135 000
Cash, Bank	227 000	47 000	42 000	39 000
Total Current Assets	227 000	217 000	177 000	174 000
Total Assets	3 816 000	3 806 000	3 769 000	3 764 000
Total Equity	3 806 000	3 770 000	3 726 000	3 738 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	18 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	26 000	25 000	25 000
Total Current Debt	10 000	36 000	43 000	26 000
Total Equity and Debt	3 816 000	3 806 000	3 769 000	3 764 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,92 %	1,19 %	−0,32 %	0,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,81 %	26,58 %	−9,33 %	2,67 %
Current Ratio	22,7	6,03	4,12	6,69
Quick Ratio	22,7	6,03	4,12	6,69
Equity Ratio	1	0,99	0,99	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %