FRIGAARD EIENDOM STORSTUA AS

1724 SARPSBORG

Finances

Share Ownership

Return on Equity

−98,55 %

Current Ratio

5,56

Debt-to-Equity Ratio

24,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 237 000	2 410 000	1 952 000	1 810 000
Net Income	−1 090 000	−461 000	−577 000	−771 000
Total Assets	28 297 000	28 703 000	31 184 000	29 536 000
Total Equity	1 106 000	1 196 000	1 657 000	2 234 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 237 000	2 410 000	1 952 000	1 810 000
Expenditure	2 442 000	2 133 000	1 811 000	1 958 000
Operating Profit	−205 000	277 000	141 000	−148 000
Financial Income	−2 000	0	1 000	2 000
Financial Costs	1 190 000	869 000	882 000	842 000
Financial Balance	−1 192 000	−869 000	−881 000	−840 000
Earnings Before Tax	−1 397 000	−592 000	−740 000	−988 000
Tax	−307 000	−130 000	−163 000	−217 000
Net Income	−1 090 000	−461 000	−577 000	−771 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 891 000	28 019 000	29 117 000	28 823 000
Total Current Assets	1 406 000	684 000	2 067 000	712 000
Total Assets	28 297 000	28 703 000	31 184 000	29 536 000
Total Retained Equity	0	0	0	0
Total Equity	1 106 000	1 196 000	1 657 000	2 234 000
Total Long-Term Debt	26 938 000	27 006 000	29 339 000	27 054 000
Total Current Debt	253 000	502 000	188 000	248 000
Total Equity and Debt	28 297 000	28 703 000	31 184 000	29 536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 197 000	2 410 000	1 952 000	1 810 000
Other Income	40 000	0	0	0
Revenue	2 237 000	2 410 000	1 952 000	1 810 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 128 000	1 137 000	1 020 000	1 009 000
Impairment	0	0	0	0
Expenditure	2 442 000	2 133 000	1 811 000	1 958 000
Operating Profit	−205 000	277 000	141 000	−148 000
Financial Income	−2 000	0	1 000	2 000
Financial Costs	1 190 000	869 000	882 000	842 000
Financial Balance	−1 192 000	−869 000	−881 000	−840 000
Dividends	0	0	0	0
Net Income	−1 090 000	−461 000	−577 000	−771 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 717 000	27 811 000	28 876 000	28 589 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	174 000	208 000	241 000	234 000
Total Tangible Assets	26 891 000	28 019 000	29 117 000	28 823 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 891 000	28 019 000	29 117 000	28 823 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	159 000	420 000	1 750 000	492 000
Total Current Assets	1 406 000	684 000	2 067 000	712 000
Total Assets	28 297 000	28 703 000	31 184 000	29 536 000
Total Equity	1 106 000	1 196 000	1 657 000	2 234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 938 000	27 006 000	29 339 000	27 054 000
Creditors	241 000	318 000	157 000	186 000
Unpaid Taxes	0	0	19 000	0
Dividends	0	0	0	0
Other Current Debt	12 000	184 000	12 000	61 000
Total Current Debt	253 000	502 000	188 000	248 000
Total Equity and Debt	28 297 000	28 703 000	31 184 000	29 536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−98,55 %	−38,55 %	−34,82 %	−34,51 %
Debt-to-Equity Ratio	24,36	22,58	17,71	12,11
Operating Profit Margin	−9,16 %	11,49 %	7,22 %	−8,18 %
Current Ratio	5,56	1,36	10,99	2,87
Quick Ratio	5,56	1,36	10,99	2,87
Equity Ratio	0,04	0,04	0,05	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %