FRENDE LIVSFORSIKRING AS

5011 BERGEN

Finances

Return on Equity

−8,29 %

Current Ratio

3,84

Debt-to-Equity Ratio

2,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	559 429 000	605 756 000	1 417 569 000	1 705 128 000
Net Income	−45 079 000	82 743 000	268 341 000	123 608 000
Total Assets	2 071 499 000	1 902 522 000	1 905 084 000	5 903 410 000
Total Equity	543 578 000	577 406 000	494 663 000	488 943 000

Income (NOK)	2022	2021	2020	2019
Revenue	559 429 000	605 756 000	1 417 569 000	1 705 128 000
Expenditure	0	0	0	0
Operating Profit	−48 335 000	85 156 000	329 318 000	141 966 000
Financial Income	8 881 000	20 303 000	13 912 000	7 220 000
Financial Costs	16 770 000	129 000	−12 126 000	−8 799 000
Financial Balance	−7 889 000	20 174 000	26 038 000	16 019 000
Earnings Before Tax	−56 224 000	105 330 000	355 356 000	157 985 000
Tax	−10 760 000	22 622 000	86 233 000	34 416 000
Net Income	−45 079 000	82 743 000	268 341 000	123 608 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 707 478 000	1 451 744 000	1 242 733 000	5 551 849 000
Total Current Assets	296 232 000	416 115 000	595 654 000	267 360 000
Total Assets	2 071 499 000	1 902 522 000	1 905 084 000	5 903 410 000
Total Retained Equity	322 328 000	367 406 000	284 663 000	278 943 000
Total Equity	543 578 000	577 406 000	494 663 000	488 943 000
Total Long-Term Debt	1 450 993 000	1 251 606 000	1 100 475 000	5 376 100 000
Total Current Debt	77 164 000	73 508 000	309 946 000	38 369 000
Total Equity and Debt	2 071 498 000	1 902 520 000	1 905 084 000	5 903 412 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	589 651 000	533 713 000	1 073 790 000	1 138 244 000
Other Income	−30 222 000	72 043 000	343 779 000	566 884 000
Revenue	559 429 000	605 756 000	1 417 569 000	1 705 128 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	0	0	0
Operating Profit	−48 335 000	85 156 000	329 318 000	141 966 000
Financial Income	8 881 000	20 303 000	13 912 000	7 220 000
Financial Costs	16 770 000	129 000	−12 126 000	−8 799 000
Financial Balance	−7 889 000	20 174 000	26 038 000	16 019 000
Dividends	0	0	0	0
Net Income	−45 079 000	82 743 000	268 341 000	123 608 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 785 000	19 115 000	7 106 000	12 921 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 221 000	5 457 000	4 668 000	5 715 000
Total Tangible Assets	1 221 000	5 457 000	4 668 000	5 715 000
Total Fiancial Fixed Assets	1 681 472 000	1 427 172 000	1 230 959 000	5 533 213 000
Total Fixed Assets	1 707 478 000	1 451 744 000	1 242 733 000	5 551 849 000
Stock	0	0	0	0
Total Investments	362 473 000	450 985 000	619 340 000	324 176 000
Cash, Bank	0	0	0	0
Total Current Assets	296 232 000	416 115 000	595 654 000	267 360 000
Total Assets	2 071 499 000	1 902 522 000	1 905 084 000	5 903 410 000
Total Equity	543 578 000	577 406 000	494 663 000	488 943 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 450 993 000	1 251 606 000	1 100 475 000	5 376 100 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	106 989 000	99 067 000	309 946 000	38 369 000
Total Current Debt	77 164 000	73 508 000	309 946 000	38 369 000
Total Equity and Debt	2 071 498 000	1 902 520 000	1 905 084 000	5 903 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,29 %	14,33 %	54,25 %	25,28 %
Debt-to-Equity Ratio	2,67	2,17	2,22	11
Operating Profit Margin	−8,64 %	14,06 %	23,23 %	8,33 %
Current Ratio	3,84	5,66	1,92	6,97
Quick Ratio	3,84	5,66	1,92	6,97
Equity Ratio	0,26	0,3	0,26	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %