FRED SKAAR AS

5281 VALESTRANDSFOSSEN

Finances

Share Ownership

Return on Equity

43,03 %

Current Ratio

9,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	396 000	225 000	177 000	293 000
Net Income	105 000	−40 000	14 000	−79 000
Total Assets	272 000	171 000	180 000	197 000
Total Equity	244 000	139 000	180 000	166 000

Income (NOK)	2022	2021	2020	2019
Revenue	396 000	225 000	177 000	293 000
Expenditure	267 000	243 000	170 000	375 000
Operating Profit	128 000	−19 000	6 000	−81 000
Financial Income	0	0	8 000	3 000
Financial Costs	22 000	22 000	0	0
Financial Balance	−22 000	−22 000	8 000	3 000
Earnings Before Tax	106 000	−40 000	14 000	−79 000
Tax	1 000	0	0	0
Net Income	105 000	−40 000	14 000	−79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	272 000	171 000	180 000	197 000
Total Assets	272 000	171 000	180 000	197 000
Total Retained Equity	144 000	38 000	79 000	65 000
Total Equity	244 000	139 000	180 000	166 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	28 000	31 000	1 000	32 000
Total Equity and Debt	272 000	171 000	180 000	197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	396 000	225 000	177 000	293 000
Other Income	0	0	0	0
Revenue	396 000	225 000	177 000	293 000
Cost of Goods Sold	0	0	0	2 000
Salary Costs	171 000	171 000	71 000	203 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	267 000	243 000	170 000	375 000
Operating Profit	128 000	−19 000	6 000	−81 000
Financial Income	0	0	8 000	3 000
Financial Costs	22 000	22 000	0	0
Financial Balance	−22 000	−22 000	8 000	3 000
Dividends	0	0	0	0
Net Income	105 000	−40 000	14 000	−79 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	181 000	171 000	171 000	144 000
Total Current Assets	272 000	171 000	180 000	197 000
Total Assets	272 000	171 000	180 000	197 000
Total Equity	244 000	139 000	180 000	166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	8 000	14 000	−6 000	11 000
Dividends	0	0	0	0
Other Current Debt	19 000	18 000	7 000	21 000
Total Current Debt	28 000	31 000	1 000	32 000
Total Equity and Debt	272 000	171 000	180 000	197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,03 %	−28,78 %	7,78 %	−47,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,32 %	−8,44 %	3,39 %	−27,65 %
Current Ratio	9,71	5,52	180	6,16
Quick Ratio	9,71	5,52	180	6,16
Equity Ratio	0,9	0,81	1	0,84
Gross Profit Margin	100 %	100 %	100 %	99,32 %