FREESPORT AS

3154 TOLVSRØD

Finances

Share Ownership

Return on Equity

3,89 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 244 000	18 674 000	17 962 000	14 401 000
Net Income	188 000	1 675 000	1 699 000	27 000
Total Assets	8 646 000	7 918 000	7 319 000	5 035 000
Total Equity	4 829 000	4 641 000	3 216 000	1 517 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 244 000	18 674 000	17 962 000	14 401 000
Expenditure	16 001 000	16 481 000	15 715 000	14 254 000
Operating Profit	243 000	2 192 000	2 247 000	147 000
Financial Income	3 000	7 000	2 000	0
Financial Costs	8 000	17 000	43 000	105 000
Financial Balance	−5 000	−10 000	−41 000	−105 000
Earnings Before Tax	238 000	2 182 000	2 207 000	42 000
Tax	50 000	507 000	508 000	15 000
Net Income	188 000	1 675 000	1 699 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 000	246 000	328 000	442 000
Total Current Assets	8 486 000	7 671 000	6 991 000	4 593 000
Total Assets	8 646 000	7 918 000	7 319 000	5 035 000
Total Retained Equity	4 729 000	4 541 000	3 116 000	1 417 000
Total Equity	4 829 000	4 641 000	3 216 000	1 517 000
Total Long-Term Debt	42 000	149 000	257 000	344 000
Total Current Debt	3 775 000	3 128 000	3 846 000	3 174 000
Total Equity and Debt	8 646 000	7 918 000	7 319 000	5 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 905 000	18 346 000	17 581 000	14 341 000
Other Income	338 000	328 000	381 000	59 000
Revenue	16 244 000	18 674 000	17 962 000	14 401 000
Cost of Goods Sold	10 445 000	10 830 000	10 538 000	9 565 000
Salary Costs	3 298 000	3 512 000	3 178 000	2 763 000
Depreciation	137 000	157 000	153 000	153 000
Impairment	0	0	0	0
Expenditure	16 001 000	16 481 000	15 715 000	14 254 000
Operating Profit	243 000	2 192 000	2 247 000	147 000
Financial Income	3 000	7 000	2 000	0
Financial Costs	8 000	17 000	43 000	105 000
Financial Balance	−5 000	−10 000	−41 000	−105 000
Dividends	0	250 000	0	0
Net Income	188 000	1 675 000	1 699 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	41 000	17 000	2 000	16 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	119 000	229 000	326 000	426 000
Total Tangible Assets	160 000	246 000	328 000	442 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	160 000	246 000	328 000	442 000
Stock	5 531 000	5 089 000	3 578 000	3 992 000
Total Investments	0	0	0	0
Cash, Bank	2 904 000	2 388 000	2 613 000	156 000
Total Current Assets	8 486 000	7 671 000	6 991 000	4 593 000
Total Assets	8 646 000	7 918 000	7 319 000	5 035 000
Total Equity	4 829 000	4 641 000	3 216 000	1 517 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 000	149 000	257 000	344 000
Creditors	1 863 000	382 000	1 311 000	1 518 000
Unpaid Taxes	634 000	611 000	809 000	503 000
Dividends	0	250 000	0	0
Other Current Debt	1 229 000	1 377 000	1 218 000	1 031 000
Total Current Debt	3 775 000	3 128 000	3 846 000	3 174 000
Total Equity and Debt	8 646 000	7 918 000	7 319 000	5 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,89 %	36,09 %	52,83 %	1,78 %
Debt-to-Equity Ratio	0,01	0,03	0,08	0,23
Operating Profit Margin	1,5 %	11,74 %	12,51 %	1,02 %
Current Ratio	2,25	2,45	1,82	1,45
Quick Ratio	−4,83	−3,91	26,09	−5,61
Equity Ratio	0,56	0,59	0,44	0,3
Gross Profit Margin	35,7 %	42 %	41,33 %	33,58 %