FREJAN AS

8450 STOKMARKNES

Finances

Return on Equity

14,59 %

Current Ratio

18,09

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 000	543 000	317 000	279 000
Net Income	791 000	3 449 000	559 000	102 000
Total Assets	7 326 000	7 563 000	6 686 000	6 535 000
Total Equity	5 420 000	4 629 000	2 180 000	2 031 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 000	543 000	317 000	279 000
Expenditure	1 047 000	297 000	397 000	568 000
Operating Profit	−1 027 000	246 000	−80 000	−289 000
Financial Income	2 023 000	3 353 000	964 000	559 000
Financial Costs	92 000	115 000	168 000	139 000
Financial Balance	1 931 000	3 238 000	796 000	420 000
Earnings Before Tax	904 000	3 484 000	717 000	131 000
Tax	112 000	36 000	158 000	29 000
Net Income	791 000	3 449 000	559 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 609 000	2 757 000	5 386 000	5 471 000
Total Current Assets	5 717 000	4 806 000	1 299 000	1 063 000
Total Assets	7 326 000	7 563 000	6 686 000	6 535 000
Total Retained Equity	5 319 000	4 528 000	2 079 000	1 930 000
Total Equity	5 420 000	4 629 000	2 180 000	2 031 000
Total Long-Term Debt	1 591 000	1 993 000	4 081 000	4 466 000
Total Current Debt	316 000	941 000	425 000	37 000
Total Equity and Debt	7 326 000	7 563 000	6 686 000	6 535 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	20 000	543 000	317 000	279 000
Revenue	20 000	543 000	317 000	279 000
Cost of Goods Sold	0	0	0	0
Salary Costs	881 000	70 000	72 000	77 000
Depreciation	58 000	85 000	110 000	162 000
Impairment	0	0	0	0
Expenditure	1 047 000	297 000	397 000	568 000
Operating Profit	−1 027 000	246 000	−80 000	−289 000
Financial Income	2 023 000	3 353 000	964 000	559 000
Financial Costs	92 000	115 000	168 000	139 000
Financial Balance	1 931 000	3 238 000	796 000	420 000
Dividends	0	0	0	310 000
Net Income	791 000	3 449 000	559 000	102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	15 000
Real Eastate	0	0	2 582 000	2 634 000
Machinery and Plant Facilities	49 000	107 000	164 000	222 000
Fixtures	0	0	0	0
Total Tangible Assets	49 000	107 000	2 746 000	2 856 000
Total Fiancial Fixed Assets	1 560 000	2 650 000	2 640 000	2 600 000
Total Fixed Assets	1 609 000	2 757 000	5 386 000	5 471 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 270 000	1 434 000	319 000	723 000
Total Current Assets	5 717 000	4 806 000	1 299 000	1 063 000
Total Assets	7 326 000	7 563 000	6 686 000	6 535 000
Total Equity	5 420 000	4 629 000	2 180 000	2 031 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 591 000	1 993 000	4 081 000	4 466 000
Creditors	1 000	19 000	14 000	16 000
Unpaid Taxes	201 000	9 000	10 000	10 000
Dividends	0	0	0	310 000
Other Current Debt	114 000	914 000	401 000	11 000
Total Current Debt	316 000	941 000	425 000	37 000
Total Equity and Debt	7 326 000	7 563 000	6 686 000	6 535 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,59 %	74,51 %	25,64 %	5,02 %
Debt-to-Equity Ratio	0,29	0,43	1,87	2,2
Operating Profit Margin	−5 135 %	45,3 %	−25,24 %	−103,58 %
Current Ratio	18,09	5,11	3,06	28,73
Quick Ratio	18,09	5,11	3,06	28,73
Equity Ratio	0,74	0,61	0,33	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %