FREMSKRIDT 10 EIENDOM AS

1606 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

3,13 %

Current Ratio

3,38

Debt-to-Equity Ratio

−5,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 579 000	1 800 000	1 471 000	1 177 000
Net Income	−85 000	−192 000	−455 000	−494 000
Total Assets	13 120 000	13 558 000	13 748 000	12 672 000
Total Equity	−2 714 000	−2 630 000	−2 438 000	−1 983 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 579 000	1 800 000	1 471 000	1 177 000
Expenditure	772 000	1 223 000	1 144 000	1 066 000
Operating Profit	807 000	577 000	328 000	111 000
Financial Income	1 000	0	0	0
Financial Costs	893 000	769 000	783 000	605 000
Financial Balance	−892 000	−769 000	−783 000	−605 000
Earnings Before Tax	−85 000	−192 000	−455 000	−494 000
Tax	0	0	0	0
Net Income	−85 000	−192 000	−455 000	−494 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 012 000	13 354 000	13 667 000	12 317 000
Total Current Assets	108 000	204 000	82 000	355 000
Total Assets	13 120 000	13 558 000	13 748 000	12 672 000
Total Retained Equity	−2 814 000	−2 730 000	−2 538 000	−2 083 000
Total Equity	−2 714 000	−2 630 000	−2 438 000	−1 983 000
Total Long-Term Debt	15 803 000	16 120 000	15 717 000	14 092 000
Total Current Debt	32 000	68 000	469 000	563 000
Total Equity and Debt	13 120 000	13 558 000	13 748 000	12 672 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 579 000	1 800 000	1 471 000	1 177 000
Revenue	1 579 000	1 800 000	1 471 000	1 177 000
Cost of Goods Sold	0	13 000	0	0
Salary Costs	0	0	0	0
Depreciation	342 000	342 000	309 000	178 000
Impairment	0	0	0	0
Expenditure	772 000	1 223 000	1 144 000	1 066 000
Operating Profit	807 000	577 000	328 000	111 000
Financial Income	1 000	0	0	0
Financial Costs	893 000	769 000	783 000	605 000
Financial Balance	−892 000	−769 000	−783 000	−605 000
Dividends	0	0	0	0
Net Income	−85 000	−192 000	−455 000	−494 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 012 000	13 354 000	13 667 000	12 317 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 012 000	13 354 000	13 667 000	12 317 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 012 000	13 354 000	13 667 000	12 317 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	156 000	34 000	329 000
Total Current Assets	108 000	204 000	82 000	355 000
Total Assets	13 120 000	13 558 000	13 748 000	12 672 000
Total Equity	−2 714 000	−2 630 000	−2 438 000	−1 983 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 803 000	16 120 000	15 717 000	14 092 000
Creditors	23 000	12 000	412 000	293 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	56 000	57 000	269 000
Total Current Debt	32 000	68 000	469 000	563 000
Total Equity and Debt	13 120 000	13 558 000	13 748 000	12 672 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,13 %	7,3 %	18,66 %	24,91 %
Debt-to-Equity Ratio	−5,82	−6,13	−6,45	−7,11
Operating Profit Margin	51,11 %	32,06 %	22,3 %	9,43 %
Current Ratio	3,38	3	0,17	0,63
Quick Ratio	3,38	3	0,17	0,63
Equity Ratio	−0,21	−0,19	−0,18	−0,16
Gross Profit Margin	100 %	99,28 %	100 %	100 %