FRIVIND AS

6856 SOGNDAL

Finances

Share Ownership

Return on Equity

24,52 %

Current Ratio

2,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 917 000	4 513 000	2 417 000	1 312 000
Net Income	380 000	681 000	−154 000	−300 000
Total Assets	2 845 000	1 631 000	1 075 000	1 308 000
Total Equity	1 550 000	1 170 000	465 000	619 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 917 000	4 513 000	2 417 000	1 312 000
Expenditure	4 498 000	3 912 000	2 557 000	1 590 000
Operating Profit	419 000	600 000	−139 000	−277 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	0	5 000	18 000	26 000
Financial Balance	3 000	−2 000	−15 000	−23 000
Earnings Before Tax	422 000	598 000	−154 000	−300 000
Tax	41 000	−83 000	0	0
Net Income	380 000	681 000	−154 000	−300 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	22 000	294 000	432 000
Total Current Assets	2 833 000	1 608 000	781 000	876 000
Total Assets	2 845 000	1 631 000	1 075 000	1 308 000
Total Retained Equity	419 000	39 000	−642 000	−488 000
Total Equity	1 550 000	1 170 000	465 000	619 000
Total Long-Term Debt	0	0	125 000	375 000
Total Current Debt	1 294 000	461 000	485 000	314 000
Total Equity and Debt	2 845 000	1 631 000	1 075 000	1 308 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 917 000	4 513 000	2 417 000	1 311 000
Other Income	0	0	0	1 000
Revenue	4 917 000	4 513 000	2 417 000	1 312 000
Cost of Goods Sold	14 000	0	0	0
Salary Costs	2 887 000	1 997 000	1 143 000	608 000
Depreciation	11 000	300 000	291 000	291 000
Impairment	0	0	0	0
Expenditure	4 498 000	3 912 000	2 557 000	1 590 000
Operating Profit	419 000	600 000	−139 000	−277 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	0	5 000	18 000	26 000
Financial Balance	3 000	−2 000	−15 000	−23 000
Dividends	0	0	0	0
Net Income	380 000	681 000	−154 000	−300 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	291 000	432 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	22 000	0	0
Total Tangible Assets	12 000	22 000	0	0
Total Fiancial Fixed Assets	0	0	4 000	0
Total Fixed Assets	12 000	22 000	294 000	432 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 874 000	901 000	453 000	649 000
Total Current Assets	2 833 000	1 608 000	781 000	876 000
Total Assets	2 845 000	1 631 000	1 075 000	1 308 000
Total Equity	1 550 000	1 170 000	465 000	619 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	125 000	375 000
Creditors	242 000	17 000	70 000	97 000
Unpaid Taxes	204 000	264 000	106 000	113 000
Dividends	0	0	0	0
Other Current Debt	807 000	179 000	309 000	103 000
Total Current Debt	1 294 000	461 000	485 000	314 000
Total Equity and Debt	2 845 000	1 631 000	1 075 000	1 308 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,52 %	58,21 %	−33,12 %	−48,47 %
Debt-to-Equity Ratio	0	0	0,27	0,61
Operating Profit Margin	8,52 %	13,29 %	−5,75 %	−21,11 %
Current Ratio	2,19	3,49	1,61	2,79
Quick Ratio	2,19	3,49	1,61	2,79
Equity Ratio	0,54	0,72	0,43	0,47
Gross Profit Margin	99,72 %	100 %	100 %	100 %