FREDRIK BORGUND AS

6750 STADLANDET

Finances

Return on Equity

14,64 %

Current Ratio

2,64

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	676 000	665 000	627 000	534 000
Net Income	1 044 000	1 099 000	1 853 000	922 000
Total Assets	9 483 000	10 044 000	6 925 000	5 010 000
Total Equity	7 129 000	6 685 000	6 185 000	4 532 000

Income (NOK)	2022	2021	2020	2019
Revenue	676 000	665 000	627 000	534 000
Expenditure	445 000	333 000	81 000	92 000
Operating Profit	231 000	333 000	546 000	442 000
Financial Income	1 205 000	1 168 000	1 831 000	741 000
Financial Costs	98 000	91 000	1 000	0
Financial Balance	1 107 000	1 077 000	1 830 000	741 000
Earnings Before Tax	1 339 000	1 410 000	2 376 000	1 183 000
Tax	294 000	310 000	523 000	260 000
Net Income	1 044 000	1 099 000	1 853 000	922 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 120 000	8 600 000	4 527 000	3 781 000
Total Current Assets	2 364 000	1 444 000	2 398 000	1 228 000
Total Assets	9 483 000	10 044 000	6 925 000	5 010 000
Total Retained Equity	6 129 000	5 685 000	5 185 000	3 532 000
Total Equity	7 129 000	6 685 000	6 185 000	4 532 000
Total Long-Term Debt	1 458 000	2 675 000	0	0
Total Current Debt	896 000	684 000	740 000	478 000
Total Equity and Debt	9 483 000	10 044 000	6 925 000	5 010 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	676 000	665 000	627 000	534 000
Revenue	676 000	665 000	627 000	534 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	419 000	287 000	31 000	42 000
Impairment	0	0	0	0
Expenditure	445 000	333 000	81 000	92 000
Operating Profit	231 000	333 000	546 000	442 000
Financial Income	1 205 000	1 168 000	1 831 000	741 000
Financial Costs	98 000	91 000	1 000	0
Financial Balance	1 107 000	1 077 000	1 830 000	741 000
Dividends	600 000	600 000	200 000	200 000
Net Income	1 044 000	1 099 000	1 853 000	922 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	25 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 097 000	2 335 000	127 000	114 000
Total Tangible Assets	2 097 000	2 335 000	127 000	114 000
Total Fiancial Fixed Assets	5 022 000	6 264 000	4 374 000	3 636 000
Total Fixed Assets	7 120 000	8 600 000	4 527 000	3 781 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 102 000	134 000	369 000	318 000
Total Current Assets	2 364 000	1 444 000	2 398 000	1 228 000
Total Assets	9 483 000	10 044 000	6 925 000	5 010 000
Total Equity	7 129 000	6 685 000	6 185 000	4 532 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 458 000	2 675 000	0	0
Creditors	2 000	0	0	0
Unpaid Taxes	3 000	22 000	20 000	23 000
Dividends	600 000	600 000	200 000	200 000
Other Current Debt	9 000	9 000	4 000	0
Total Current Debt	896 000	684 000	740 000	478 000
Total Equity and Debt	9 483 000	10 044 000	6 925 000	5 010 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,64 %	16,44 %	29,96 %	20,34 %
Debt-to-Equity Ratio	0,2	0,4	0	0
Operating Profit Margin	34,17 %	50,08 %	87,08 %	82,77 %
Current Ratio	2,64	2,11	3,24	2,57
Quick Ratio	2,64	2,11	3,24	2,57
Equity Ratio	0,75	0,67	0,89	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %