FRISAK HOLDING AS

3933 PORSGRUNN

Finances

Return on Equity

99,32 %

Current Ratio

1 080

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	171 000	46 000	0	0
Net Income	18 422 000	609 000	−11 000	−24 000
Total Assets	18 555 000	2 248 000	2 638 000	2 367 000
Total Equity	18 548 000	1 627 000	2 018 000	2 029 000

Income (NOK)	2022	2021	2020	2019
Revenue	171 000	46 000	0	0
Expenditure	117 000	37 000	11 000	25 000
Operating Profit	55 000	9 000	−11 000	−25 000
Financial Income	18 435 000	600 000	0	1 000
Financial Costs	61 000	0	0	0
Financial Balance	18 374 000	600 000	0	1 000
Earnings Before Tax	18 428 000	609 000	−11 000	−24 000
Tax	7 000	0	0	0
Net Income	18 422 000	609 000	−11 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 995 000	2 231 000	1 981 000	2 081 000
Total Current Assets	7 560 000	17 000	657 000	287 000
Total Assets	18 555 000	2 248 000	2 638 000	2 367 000
Total Retained Equity	18 448 000	1 527 000	1 918 000	1 929 000
Total Equity	18 548 000	1 627 000	2 018 000	2 029 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 000	621 000	619 000	338 000
Total Equity and Debt	18 555 000	2 248 000	2 638 000	2 367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	171 000	46 000	0	0
Other Income	0	0	0	0
Revenue	171 000	46 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	117 000	37 000	11 000	25 000
Operating Profit	55 000	9 000	−11 000	−25 000
Financial Income	18 435 000	600 000	0	1 000
Financial Costs	61 000	0	0	0
Financial Balance	18 374 000	600 000	0	1 000
Dividends	1 500 000	1 000 000	0	0
Net Income	18 422 000	609 000	−11 000	−24 000

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	10 995 000	2 231 000	1 981 000	2 081 000
Total Fixed Assets	10 995 000	2 231 000	1 981 000	2 081 000
Stock	0	0	0	0
Total Investments	7 229 000	0	0	0
Cash, Bank	28 000	17 000	657 000	287 000
Total Current Assets	7 560 000	17 000	657 000	287 000
Total Assets	18 555 000	2 248 000	2 638 000	2 367 000
Total Equity	18 548 000	1 627 000	2 018 000	2 029 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	2 000	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	1 500 000	1 000 000	0	0
Other Current Debt	0	619 000	619 000	338 000
Total Current Debt	7 000	621 000	619 000	338 000
Total Equity and Debt	18 555 000	2 248 000	2 638 000	2 367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,32 %	37,43 %	−0,55 %	−1,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	32,16 %	19,57 %	-	-
Current Ratio	1 080	0,03	1,06	0,85
Quick Ratio	1 080	0,03	1,06	0,85
Equity Ratio	1	0,72	0,76	0,86
Gross Profit Margin	100 %	100 %	-	-