FRIESTAD EIENDOM AS

4362 VIGRESTAD

Finances

Share Ownership

Return on Equity

11,84 %

Current Ratio

0,78

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 570 000	1 912 000	1 874 000	1 996 000
Net Income	436 000	353 000	181 000	332 000
Total Assets	4 531 000	4 038 000	3 579 000	3 782 000
Total Equity	3 682 000	3 546 000	3 193 000	3 012 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 570 000	1 912 000	1 874 000	1 996 000
Expenditure	2 011 000	1 460 000	1 633 000	1 546 000
Operating Profit	559 000	452 000	242 000	449 000
Financial Income	0	1 000	2 000	4 000
Financial Costs	1 000	0	11 000	28 000
Financial Balance	−1 000	1 000	−9 000	−24 000
Earnings Before Tax	559 000	453 000	232 000	426 000
Tax	123 000	100 000	51 000	94 000
Net Income	436 000	353 000	181 000	332 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 919 000	2 742 000	2 764 000	2 747 000
Total Current Assets	612 000	1 296 000	815 000	1 035 000
Total Assets	4 531 000	4 038 000	3 579 000	3 782 000
Total Retained Equity	3 382 000	3 246 000	2 893 000	2 712 000
Total Equity	3 682 000	3 546 000	3 193 000	3 012 000
Total Long-Term Debt	66 000	59 000	76 000	460 000
Total Current Debt	784 000	433 000	310 000	310 000
Total Equity and Debt	4 531 000	4 038 000	3 579 000	3 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 788 000	1 133 000	1 104 000	1 224 000
Other Income	783 000	779 000	770 000	772 000
Revenue	2 570 000	1 912 000	1 874 000	1 996 000
Cost of Goods Sold	0	0	100 000	40 000
Salary Costs	960 000	1 074 000	1 063 000	1 092 000
Depreciation	41 000	22 000	23 000	18 000
Impairment	0	0	0	0
Expenditure	2 011 000	1 460 000	1 633 000	1 546 000
Operating Profit	559 000	452 000	242 000	449 000
Financial Income	0	1 000	2 000	4 000
Financial Costs	1 000	0	11 000	28 000
Financial Balance	−1 000	1 000	−9 000	−24 000
Dividends	300 000	0	0	0
Net Income	436 000	353 000	181 000	332 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 651 000	2 651 000	2 651 000	2 651 000
Machinery and Plant Facilities	0	91 000	113 000	96 000
Fixtures	601 000	0	0	0
Total Tangible Assets	3 252 000	2 742 000	2 764 000	2 747 000
Total Fiancial Fixed Assets	667 000	0	0	0
Total Fixed Assets	3 919 000	2 742 000	2 764 000	2 747 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	405 000	1 089 000	563 000	914 000
Total Current Assets	612 000	1 296 000	815 000	1 035 000
Total Assets	4 531 000	4 038 000	3 579 000	3 782 000
Total Equity	3 682 000	3 546 000	3 193 000	3 012 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	66 000	59 000	76 000	460 000
Creditors	57 000	13 000	23 000	25 000
Unpaid Taxes	195 000	175 000	136 000	149 000
Dividends	300 000	0	0	0
Other Current Debt	116 000	130 000	137 000	136 000
Total Current Debt	784 000	433 000	310 000	310 000
Total Equity and Debt	4 531 000	4 038 000	3 579 000	3 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,84 %	9,95 %	5,67 %	11,02 %
Debt-to-Equity Ratio	0,02	0,02	0,02	0,15
Operating Profit Margin	21,75 %	23,64 %	12,91 %	22,49 %
Current Ratio	0,78	2,99	2,63	3,34
Quick Ratio	0,78	2,99	2,63	3,34
Equity Ratio	0,81	0,88	0,89	0,8
Gross Profit Margin	100 %	100 %	94,66 %	98 %