FRODE NESSE INVEST AS

5382 SKOGSVÅG

Finances

Return on Equity

14,09 %

Current Ratio

4,18

Debt-to-Equity Ratio

−3,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−52 000	−50 000	−97 000	−65 000
Total Assets	1 069 000	1 062 000	1 064 000	1 064 000
Total Equity	−369 000	−317 000	−268 000	−171 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	13 000	19 000	70 000	34 000
Operating Profit	−13 000	−19 000	−70 000	−34 000
Financial Income	1 000	0	1 000	0
Financial Costs	40 000	31 000	27 000	30 000
Financial Balance	−39 000	−31 000	−26 000	−30 000
Earnings Before Tax	−52 000	−50 000	−97 000	−65 000
Tax	0	0	0	0
Net Income	−52 000	−50 000	−97 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	551 000	551 000	551 000	551 000
Total Current Assets	518 000	511 000	513 000	513 000
Total Assets	1 069 000	1 062 000	1 064 000	1 064 000
Total Retained Equity	−469 000	−417 000	−368 000	−271 000
Total Equity	−369 000	−317 000	−268 000	−171 000
Total Long-Term Debt	1 314 000	1 253 000	864 000	450 000
Total Current Debt	124 000	126 000	468 000	785 000
Total Equity and Debt	1 069 000	1 062 000	1 064 000	1 064 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	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	13 000	19 000	70 000	34 000
Operating Profit	−13 000	−19 000	−70 000	−34 000
Financial Income	1 000	0	1 000	0
Financial Costs	40 000	31 000	27 000	30 000
Financial Balance	−39 000	−31 000	−26 000	−30 000
Dividends	0	0	0	0
Net Income	−52 000	−50 000	−97 000	−65 000

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	551 000	551 000	551 000	551 000
Total Fixed Assets	551 000	551 000	551 000	551 000
Stock	513 000	513 000	513 000	513 000
Total Investments	0	0	0	0
Cash, Bank	5 000	−2 000	0	0
Total Current Assets	518 000	511 000	513 000	513 000
Total Assets	1 069 000	1 062 000	1 064 000	1 064 000
Total Equity	−369 000	−317 000	−268 000	−171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 314 000	1 253 000	864 000	450 000
Creditors	124 000	124 000	124 000	124 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	2 000	344 000	661 000
Total Current Debt	124 000	126 000	468 000	785 000
Total Equity and Debt	1 069 000	1 062 000	1 064 000	1 064 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,09 %	15,77 %	36,19 %	38,01 %
Debt-to-Equity Ratio	−3,56	−3,95	−3,22	−2,63
Operating Profit Margin	-	-	-	-
Current Ratio	4,18	4,06	1,1	0,65
Quick Ratio	−1,33	−1,32	−11,4	1,89
Equity Ratio	−0,35	−0,3	−0,25	−0,16
Gross Profit Margin	-	-	-	-