FREDNES HOLDING AS

1383 ASKER

Finances

Return on Equity

−23,43 %

Current Ratio

0,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	663 000	490 000	292 000	575 000
Net Income	−231 000	1 854 000	−138 000	45 000
Total Assets	2 346 000	1 750 000	679 000	1 383 000
Total Equity	986 000	1 217 000	−57 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	663 000	490 000	292 000	575 000
Expenditure	945 000	946 000	727 000	464 000
Operating Profit	−282 000	−457 000	−435 000	111 000
Financial Income	0	2 261 000	13 000	0
Financial Costs	14 000	43 000	59 000	66 000
Financial Balance	−14 000	2 218 000	−46 000	−66 000
Earnings Before Tax	−296 000	1 762 000	−481 000	45 000
Tax	−65 000	−93 000	−343 000	0
Net Income	−231 000	1 854 000	−138 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 503 000	1 512 000	593 000	261 000
Total Current Assets	843 000	238 000	86 000	1 123 000
Total Assets	2 346 000	1 750 000	679 000	1 383 000
Total Retained Equity	−223 000	8 000	−1 266 000	−1 128 000
Total Equity	986 000	1 217 000	−57 000	81 000
Total Long-Term Debt	0	0	0	47 000
Total Current Debt	1 359 000	533 000	736 000	1 255 000
Total Equity and Debt	2 346 000	1 750 000	679 000	1 383 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	663 000	490 000	292 000	575 000
Other Income	0	0	0	0
Revenue	663 000	490 000	292 000	575 000
Cost of Goods Sold	3 000	48 000	0	0
Salary Costs	746 000	604 000	529 000	314 000
Depreciation	74 000	55 000	11 000	15 000
Impairment	0	0	0	0
Expenditure	945 000	946 000	727 000	464 000
Operating Profit	−282 000	−457 000	−435 000	111 000
Financial Income	0	2 261 000	13 000	0
Financial Costs	14 000	43 000	59 000	66 000
Financial Balance	−14 000	2 218 000	−46 000	−66 000
Dividends	0	580 000	0	0
Net Income	−231 000	1 854 000	−138 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	500 000	435 000	343 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	612 000	687 000	0	11 000
Total Tangible Assets	612 000	687 000	0	11 000
Total Fiancial Fixed Assets	390 000	390 000	250 000	250 000
Total Fixed Assets	1 503 000	1 512 000	593 000	261 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−269 000	0	0	0
Total Current Assets	843 000	238 000	86 000	1 123 000
Total Assets	2 346 000	1 750 000	679 000	1 383 000
Total Equity	986 000	1 217 000	−57 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	47 000
Creditors	4 000	−5 000	3 000	0
Unpaid Taxes	249 000	92 000	70 000	98 000
Dividends	0	580 000	0	0
Other Current Debt	272 000	−389 000	−183 000	168 000
Total Current Debt	1 359 000	533 000	736 000	1 255 000
Total Equity and Debt	2 346 000	1 750 000	679 000	1 383 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,43 %	152,34 %	242,11 %	55,56 %
Debt-to-Equity Ratio	0	0	−0	0,58
Operating Profit Margin	−42,53 %	−93,27 %	−148,97 %	19,3 %
Current Ratio	0,62	0,45	0,12	0,89
Quick Ratio	0,62	0,45	0,12	0,89
Equity Ratio	0,42	0,7	−0,08	0,06
Gross Profit Margin	99,55 %	90,2 %	100 %	100 %