FRENDE HOLDING AS

5011 BERGEN

Finances

Return on Equity

18,99 %

Current Ratio

7,81

Debt-to-Equity Ratio

2,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 883 994 000	2 654 743 000	3 389 379 000	3 176 155 000
Net Income	305 982 000	522 140 000	558 057 000	322 944 000
Total Assets	7 005 496 000	6 992 899 000	6 383 563 000	10 254 733 000
Total Equity	1 610 939 000	1 654 956 000	1 512 817 000	1 456 759 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 883 994 000	2 654 743 000	3 389 379 000	3 176 155 000
Expenditure	2 300 098 000	2 303 063 000	2 920 958 000	3 515 926 000
Operating Profit	583 896 000	351 680 000	468 421 000	−339 771 000
Financial Income	−152 097 000	314 909 000	254 300 000	740 270 000
Financial Costs	0	0	0	0
Financial Balance	−152 097 000	314 909 000	254 300 000	740 270 000
Earnings Before Tax	431 799 000	666 589 000	722 721 000	400 499 000
Tax	126 842 000	144 514 000	163 429 000	78 024 000
Net Income	305 982 000	522 140 000	558 057 000	322 944 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 451 000	61 975 000	43 721 000	52 994 000
Total Current Assets	6 938 045 000	6 930 924 000	6 339 842 000	10 201 739 000
Total Assets	7 005 496 000	6 992 899 000	6 383 563 000	10 254 733 000
Total Retained Equity	1 054 250 000	1 098 267 000	956 128 000	900 070 000
Total Equity	1 610 939 000	1 654 956 000	1 512 817 000	1 456 759 000
Total Long-Term Debt	4 506 232 000	4 486 102 000	4 098 002 000	8 453 396 000
Total Current Debt	888 326 000	851 840 000	943 231 000	344 580 000
Total Equity and Debt	7 005 497 000	6 992 898 000	6 554 050 000	10 254 735 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 883 994 000	2 654 743 000	3 389 379 000	3 176 155 000
Other Income	0	0	0	0
Revenue	2 883 994 000	2 654 743 000	3 389 379 000	3 176 155 000
Cost of Goods Sold	1 626 148 000	1 695 282 000	2 265 126 000	2 856 218 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 300 098 000	2 303 063 000	2 920 958 000	3 515 926 000
Operating Profit	583 896 000	351 680 000	468 421 000	−339 771 000
Financial Income	−152 097 000	314 909 000	254 300 000	740 270 000
Financial Costs	0	0	0	0
Financial Balance	−152 097 000	314 909 000	254 300 000	740 270 000
Dividends	350 000 000	380 000 000	502 000 000	0
Net Income	305 982 000	522 140 000	558 057 000	322 944 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 339 000	46 971 000	29 512 000	37 416 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 112 000	15 004 000	14 209 000	15 578 000
Total Tangible Assets	14 112 000	15 004 000	14 209 000	15 578 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	67 451 000	61 975 000	43 721 000	52 994 000
Stock	0	0	0	0
Total Investments	5 798 809 000	5 884 749 000	5 408 356 000	9 145 413 000
Cash, Bank	102 856 000	96 102 000	96 419 000	104 940 000
Total Current Assets	6 938 045 000	6 930 924 000	6 339 842 000	10 201 739 000
Total Assets	7 005 496 000	6 992 899 000	6 383 563 000	10 254 733 000
Total Equity	1 610 939 000	1 654 956 000	1 512 817 000	1 456 759 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 506 232 000	4 486 102 000	4 098 002 000	8 453 396 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	350 000 000	380 000 000	502 000 000	0
Other Current Debt	371 534 000	331 895 000	276 856 000	265 029 000
Total Current Debt	888 326 000	851 840 000	943 231 000	344 580 000
Total Equity and Debt	7 005 497 000	6 992 898 000	6 554 050 000	10 254 735 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,99 %	31,55 %	36,89 %	22,17 %
Debt-to-Equity Ratio	2,8	2,71	2,71	5,8
Operating Profit Margin	20,25 %	13,25 %	13,82 %	−10,7 %
Current Ratio	7,81	8,14	6,72	29,61
Quick Ratio	7,81	8,14	6,72	29,61
Equity Ratio	0,23	0,24	0,24	0,14
Gross Profit Margin	43,61 %	36,14 %	33,17 %	10,07 %