FREEDOM EXPRESS AS

3041 DRAMMEN

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

10,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 261 000	6 579 000	5 662 000	17 460 000
Net Income	0	−501 000	−1 073 000	381 000
Total Assets	11 073 000	10 951 000	10 351 000	7 863 000
Total Equity	10 122 000	10 122 000	9 831 000	6 563 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 261 000	6 579 000	5 662 000	17 460 000
Expenditure	12 390 000	7 244 000	7 088 000	17 006 000
Operating Profit	−129 000	−664 000	−1 425 000	455 000
Financial Income	131 000	22 000	49 000	34 000
Financial Costs	2 000	0	0	1 000
Financial Balance	129 000	22 000	49 000	33 000
Earnings Before Tax	0	−642 000	−1 376 000	488 000
Tax	0	−141 000	−303 000	107 000
Net Income	0	−501 000	−1 073 000	381 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 456 000	1 960 000	553 000	1 750 000
Total Current Assets	9 617 000	8 992 000	9 798 000	6 113 000
Total Assets	11 073 000	10 951 000	10 351 000	7 863 000
Total Retained Equity	0	0	−169 000	−3 437 000
Total Equity	10 122 000	10 122 000	9 831 000	6 563 000
Total Long-Term Debt	0	34 000	0	0
Total Current Debt	951 000	796 000	520 000	1 299 000
Total Equity and Debt	11 073 000	10 951 000	10 351 000	7 863 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 261 000	5 894 000	5 662 000	17 460 000
Other Income	0	685 000	0	0
Revenue	12 261 000	6 579 000	5 662 000	17 460 000
Cost of Goods Sold	5 687 000	1 130 000	1 884 000	11 054 000
Salary Costs	3 783 000	3 155 000	3 399 000	3 634 000
Depreciation	598 000	359 000	276 000	293 000
Impairment	0	0	0	0
Expenditure	12 390 000	7 244 000	7 088 000	17 006 000
Operating Profit	−129 000	−664 000	−1 425 000	455 000
Financial Income	131 000	22 000	49 000	34 000
Financial Costs	2 000	0	0	1 000
Financial Balance	129 000	22 000	49 000	33 000
Dividends	0	0	0	0
Net Income	0	−501 000	−1 073 000	381 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	48 000	970 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 145 000	1 580 000	478 000	737 000
Fixtures	309 000	379 000	26 000	43 000
Total Tangible Assets	1 454 000	1 960 000	505 000	780 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 456 000	1 960 000	553 000	1 750 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	800 000	6 495 000	4 144 000	4 667 000
Total Current Assets	9 617 000	8 992 000	9 798 000	6 113 000
Total Assets	11 073 000	10 951 000	10 351 000	7 863 000
Total Equity	10 122 000	10 122 000	9 831 000	6 563 000
Short-Term Group Debt	160 000	0	0	0
Total Long-Term Debt	0	34 000	0	0
Creditors	77 000	163 000	9 000	158 000
Unpaid Taxes	383 000	355 000	205 000	805 000
Dividends	0	0	0	0
Other Current Debt	332 000	279 000	306 000	337 000
Total Current Debt	951 000	796 000	520 000	1 299 000
Total Equity and Debt	11 073 000	10 951 000	10 351 000	7 863 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	−4,95 %	−10,91 %	5,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,05 %	−10,09 %	−25,17 %	2,61 %
Current Ratio	10,11	11,3	18,84	4,71
Quick Ratio	10,11	11,3	18,84	4,71
Equity Ratio	0,91	0,92	0,95	0,83
Gross Profit Margin	53,62 %	82,82 %	66,73 %	36,69 %