FREKA INVEST AS

5914 ISDALSTØ

Finances

Share Ownership

Return on Equity

153,35 %

Current Ratio

181,67

Debt-to-Equity Ratio

−1,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 611 000	1 124 000	1 243 000	937 000
Net Income	−2 633 000	−83 000	441 000	335 000
Total Assets	1 090 000	13 726 000	11 383 000	10 216 000
Total Equity	−1 717 000	917 000	1 000 000	559 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 611 000	1 124 000	1 243 000	937 000
Expenditure	4 020 000	959 000	585 000	385 000
Operating Profit	−2 409 000	165 000	658 000	552 000
Financial Income	7 000	4 000	4 000	0
Financial Costs	231 000	252 000	221 000	217 000
Financial Balance	−224 000	−248 000	−217 000	−217 000
Earnings Before Tax	−2 633 000	−83 000	441 000	335 000
Tax	0	0	0	0
Net Income	−2 633 000	−83 000	441 000	335 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	8 653 000	10 310 000	9 178 000
Total Current Assets	1 090 000	5 073 000	1 073 000	1 038 000
Total Assets	1 090 000	13 726 000	11 383 000	10 216 000
Total Retained Equity	−1 817 000	817 000	900 000	459 000
Total Equity	−1 717 000	917 000	1 000 000	559 000
Total Long-Term Debt	2 800 000	12 627 000	10 190 000	9 552 000
Total Current Debt	6 000	182 000	193 000	105 000
Total Equity and Debt	1 090 000	13 726 000	11 383 000	10 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	100 000	0	0
Other Income	1 611 000	1 024 000	1 243 000	937 000
Revenue	1 611 000	1 124 000	1 243 000	937 000
Cost of Goods Sold	432 000	0	0	138 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 020 000	959 000	585 000	385 000
Operating Profit	−2 409 000	165 000	658 000	552 000
Financial Income	7 000	4 000	4 000	0
Financial Costs	231 000	252 000	221 000	217 000
Financial Balance	−224 000	−248 000	−217 000	−217 000
Dividends	0	0	0	0
Net Income	−2 633 000	−83 000	441 000	335 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	8 653 000	10 310 000	9 178 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	8 653 000	10 310 000	9 178 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	8 653 000	10 310 000	9 178 000
Stock	0	0	0	0
Total Investments	0	0	0	30 000
Cash, Bank	70 000	4 049 000	67 000	25 000
Total Current Assets	1 090 000	5 073 000	1 073 000	1 038 000
Total Assets	1 090 000	13 726 000	11 383 000	10 216 000
Total Equity	−1 717 000	917 000	1 000 000	559 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 800 000	12 627 000	10 190 000	9 552 000
Creditors	6 000	82 000	93 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	100 000	100 000	100 000
Total Current Debt	6 000	182 000	193 000	105 000
Total Equity and Debt	1 090 000	13 726 000	11 383 000	10 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	153,35 %	−9,05 %	44,1 %	59,93 %
Debt-to-Equity Ratio	−1,63	13,77	10,19	17,09
Operating Profit Margin	−149,53 %	14,68 %	52,94 %	58,91 %
Current Ratio	181,67	27,87	5,56	9,89
Quick Ratio	181,67	27,87	5,56	9,89
Equity Ratio	−1,58	0,07	0,09	0,05
Gross Profit Margin	73,18 %	100 %	100 %	85,27 %