STIFTELSEN OLAVA OG INGHARD FRØYLANDS LEGAT

5516 HAUGESUND

Finances

Share Ownership

Return on Equity

−11,83 %

Current Ratio

29,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 733 000	1 239 000	1 261 000	1 371 000
Total Assets	15 152 000	16 797 000	15 577 000	14 302 000
Total Equity	14 647 000	16 379 000	15 140 000	13 879 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	723 000	516 000	397 000	34 000
Operating Profit	−723 000	−516 000	−397 000	−34 000
Financial Income	1 078 000	1 848 000	1 876 000	1 795 000
Financial Costs	2 087 000	93 000	217 000	390 000
Financial Balance	−1 009 000	1 755 000	1 659 000	1 405 000
Earnings Before Tax	−1 733 000	1 239 000	1 261 000	1 371 000
Tax	0	0	0	0
Net Income	−1 733 000	1 239 000	1 261 000	1 371 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	15 152 000	16 797 000	15 577 000	14 302 000
Total Assets	15 152 000	16 797 000	15 577 000	14 302 000
Total Retained Equity	0	0	0	4 488 000
Total Equity	14 647 000	16 379 000	15 140 000	13 879 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	506 000	418 000	437 000	423 000
Total Equity and Debt	15 152 000	16 797 000	15 577 000	14 302 000

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	723 000	516 000	397 000	34 000
Operating Profit	−723 000	−516 000	−397 000	−34 000
Financial Income	1 078 000	1 848 000	1 876 000	1 795 000
Financial Costs	2 087 000	93 000	217 000	390 000
Financial Balance	−1 009 000	1 755 000	1 659 000	1 405 000
Dividends	0	0	0	0
Net Income	−1 733 000	1 239 000	1 261 000	1 371 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	15 117 000	16 667 000	15 519 000	14 235 000
Cash, Bank	36 000	130 000	58 000	66 000
Total Current Assets	15 152 000	16 797 000	15 577 000	14 302 000
Total Assets	15 152 000	16 797 000	15 577 000	14 302 000
Total Equity	14 647 000	16 379 000	15 140 000	13 879 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	128 000	0	−13 000	25 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	378 000	418 000	450 000	398 000
Total Current Debt	506 000	418 000	437 000	423 000
Total Equity and Debt	15 152 000	16 797 000	15 577 000	14 302 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,83 %	7,56 %	8,33 %	9,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	29,94	40,18	35,65	33,81
Quick Ratio	29,94	40,18	35,65	33,81
Equity Ratio	0,97	0,98	0,97	0,97
Gross Profit Margin	-	-	-	-