FRITZ SMITHSGATE 7 AS

4900 TVEDESTRAND

Finances

Share Ownership

Return on Equity

17,51 %

Current Ratio

0,5

Debt-to-Equity Ratio

4,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 200 000	1 020 000	1 020 000	1 020 000
Net Income	156 000	−33 000	−111 000	−7 000
Total Assets	6 944 000	8 428 000	9 079 000	6 902 000
Total Equity	891 000	735 000	768 000	879 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 200 000	1 020 000	1 020 000	1 020 000
Expenditure	768 000	723 000	717 000	710 000
Operating Profit	433 000	296 000	303 000	310 000
Financial Income	0	0	0	0
Financial Costs	233 000	361 000	445 000	319 000
Financial Balance	−233 000	−361 000	−445 000	−319 000
Earnings Before Tax	199 000	−64 000	−143 000	−10 000
Tax	44 000	−32 000	−31 000	−2 000
Net Income	156 000	−33 000	−111 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 139 000	5 635 000	6 269 000	6 902 000
Total Current Assets	805 000	2 793 000	2 811 000	0
Total Assets	6 944 000	8 428 000	9 079 000	6 902 000
Total Retained Equity	−699 000	−854 000	−822 000	−710 000
Total Equity	891 000	735 000	768 000	879 000
Total Long-Term Debt	4 429 000	7 636 000	8 294 000	8 534 000
Total Current Debt	1 625 000	57 000	17 000	−2 511 000
Total Equity and Debt	6 944 000	8 428 000	9 079 000	6 902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 200 000	1 020 000	1 020 000	1 020 000
Revenue	1 200 000	1 020 000	1 020 000	1 020 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	671 000	633 000	633 000	633 000
Impairment	0	0	0	0
Expenditure	768 000	723 000	717 000	710 000
Operating Profit	433 000	296 000	303 000	310 000
Financial Income	0	0	0	0
Financial Costs	233 000	361 000	445 000	319 000
Financial Balance	−233 000	−361 000	−445 000	−319 000
Dividends	0	0	0	0
Net Income	156 000	−33 000	−111 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 139 000	5 635 000	6 269 000	6 902 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 139 000	5 635 000	6 269 000	6 902 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 139 000	5 635 000	6 269 000	6 902 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	1 000	14 000	0
Total Current Assets	805 000	2 793 000	2 811 000	0
Total Assets	6 944 000	8 428 000	9 079 000	6 902 000
Total Equity	891 000	735 000	768 000	879 000
Short-Term Group Debt	0	0	0	−3 609 000
Total Long-Term Debt	4 429 000	7 636 000	8 294 000	8 534 000
Creditors	1 508 000	0	0	−10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	0	0	1 108 000
Total Current Debt	1 625 000	57 000	17 000	−2 511 000
Total Equity and Debt	6 944 000	8 428 000	9 079 000	6 902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,51 %	−4,49 %	−14,45 %	−0,8 %
Debt-to-Equity Ratio	4,97	10,39	10,8	9,71
Operating Profit Margin	36,08 %	29,02 %	29,71 %	30,39 %
Current Ratio	0,5	49	165,35	−0
Quick Ratio	0,5	49	165,35	−0
Equity Ratio	0,13	0,09	0,08	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %