FREY INNOVATION AS

3477 BÅTSTØ

Finances

Return on Equity

12,19 %

Current Ratio

7,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	58 000	0
Net Income	2 197 000	27 615 000	951 000	2 704 000
Total Assets	19 426 000	19 129 000	12 936 000	14 384 000
Total Equity	18 021 000	19 124 000	12 908 000	14 357 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	58 000	0
Expenditure	45 000	1 231 000	6 000	5 000
Operating Profit	−45 000	−1 231 000	52 000	−5 000
Financial Income	2 242 000	28 846 000	921 000	2 730 000
Financial Costs	0	0	0	0
Financial Balance	2 242 000	28 846 000	921 000	2 730 000
Earnings Before Tax	2 197 000	27 615 000	973 000	2 725 000
Tax	0	0	22 000	21 000
Net Income	2 197 000	27 615 000	951 000	2 704 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 400 000	960 000	6 514 000	5 318 000
Total Current Assets	11 026 000	18 169 000	6 422 000	9 066 000
Total Assets	19 426 000	19 129 000	12 936 000	14 384 000
Total Retained Equity	17 990 000	19 093 000	12 878 000	14 327 000
Total Equity	18 021 000	19 124 000	12 908 000	14 357 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 405 000	5 000	27 000	27 000
Total Equity and Debt	19 426 000	19 129 000	12 936 000	14 384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	58 000	0
Revenue	0	0	58 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	10 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	45 000	1 231 000	6 000	5 000
Operating Profit	−45 000	−1 231 000	52 000	−5 000
Financial Income	2 242 000	28 846 000	921 000	2 730 000
Financial Costs	0	0	0	0
Financial Balance	2 242 000	28 846 000	921 000	2 730 000
Dividends	1 900 000	0	0	0
Net Income	2 197 000	27 615 000	951 000	2 704 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	30 000	0	0
Total Tangible Assets	19 000	30 000	0	0
Total Fiancial Fixed Assets	8 381 000	930 000	6 514 000	5 318 000
Total Fixed Assets	8 400 000	960 000	6 514 000	5 318 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 487 000	15 432 000	4 783 000	7 527 000
Total Current Assets	11 026 000	18 169 000	6 422 000	9 066 000
Total Assets	19 426 000	19 129 000	12 936 000	14 384 000
Total Equity	18 021 000	19 124 000	12 908 000	14 357 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 900 000	0	0	0
Other Current Debt	1 405 000	5 000	5 000	5 000
Total Current Debt	1 405 000	5 000	27 000	27 000
Total Equity and Debt	19 426 000	19 129 000	12 936 000	14 384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,19 %	144,4 %	7,37 %	18,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	89,66 %	-
Current Ratio	7,85	3 633,8	237,85	335,78
Quick Ratio	7,85	3 633,8	237,85	335,78
Equity Ratio	0,93	1	1	1
Gross Profit Margin	-	-	100 %	-