FRIELE MANAGEMENT AS

5003 BERGEN

Finances

Return on Equity

5,61 %

Current Ratio

10,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 440 000	11 967 000	7 283 000	9 933 000
Net Income	2 226 000	8 464 000	4 542 000	6 612 000
Total Assets	43 656 000	44 849 000	37 114 000	35 404 000
Total Equity	39 704 000	39 478 000	33 014 000	30 472 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 440 000	11 967 000	7 283 000	9 933 000
Expenditure	2 289 000	2 232 000	2 367 000	2 581 000
Operating Profit	4 152 000	9 736 000	4 916 000	7 352 000
Financial Income	420 000	1 346 000	1 066 000	1 283 000
Financial Costs	1 305 000	1 000	93 000	67 000
Financial Balance	−885 000	1 345 000	973 000	1 216 000
Earnings Before Tax	3 267 000	11 080 000	5 889 000	8 568 000
Tax	1 041 000	2 616 000	1 347 000	1 956 000
Net Income	2 226 000	8 464 000	4 542 000	6 612 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	811 000	65 000	20 000	20 000
Total Current Assets	42 845 000	44 784 000	37 094 000	35 384 000
Total Assets	43 656 000	44 849 000	37 114 000	35 404 000
Total Retained Equity	39 604 000	39 378 000	32 914 000	30 372 000
Total Equity	39 704 000	39 478 000	33 014 000	30 472 000
Total Long-Term Debt	0	0	25 000	50 000
Total Current Debt	3 952 000	5 371 000	4 075 000	4 882 000
Total Equity and Debt	43 656 000	44 849 000	37 114 000	35 404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 440 000	11 967 000	7 283 000	9 933 000
Other Income	0	0	0	0
Revenue	6 440 000	11 967 000	7 283 000	9 933 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 084 000	2 021 000	1 965 000	2 150 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 289 000	2 232 000	2 367 000	2 581 000
Operating Profit	4 152 000	9 736 000	4 916 000	7 352 000
Financial Income	420 000	1 346 000	1 066 000	1 283 000
Financial Costs	1 305 000	1 000	93 000	67 000
Financial Balance	−885 000	1 345 000	973 000	1 216 000
Dividends	2 000 000	0	2 000 000	2 000 000
Net Income	2 226 000	8 464 000	4 542 000	6 612 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	145 000	45 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	666 000	20 000	20 000	20 000
Total Fixed Assets	811 000	65 000	20 000	20 000
Stock	0	0	0	0
Total Investments	31 703 000	32 641 000	29 314 000	20 387 000
Cash, Bank	5 711 000	1 969 000	2 746 000	5 934 000
Total Current Assets	42 845 000	44 784 000	37 094 000	35 384 000
Total Assets	43 656 000	44 849 000	37 114 000	35 404 000
Total Equity	39 704 000	39 478 000	33 014 000	30 472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	25 000	50 000
Creditors	201 000	161 000	198 000	191 000
Unpaid Taxes	427 000	296 000	284 000	334 000
Dividends	2 000 000	0	2 000 000	2 000 000
Other Current Debt	2 184 000	2 228 000	2 223 000	2 378 000
Total Current Debt	3 952 000	5 371 000	4 075 000	4 882 000
Total Equity and Debt	43 656 000	44 849 000	37 114 000	35 404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,61 %	21,44 %	13,76 %	21,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	64,47 %	81,36 %	67,5 %	74,02 %
Current Ratio	10,84	8,34	9,1	7,25
Quick Ratio	10,84	8,34	9,1	7,25
Equity Ratio	0,91	0,88	0,89	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %