FRIHET AS

4760 BIRKELAND

Finances

Share Ownership

Return on Equity

4,69 %

Current Ratio

245

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	116 000	139 000	334 000	146 000
Net Income	18 000	−8 000	64 000	11 000
Total Assets	490 000	480 000	516 000	453 000
Total Equity	384 000	365 000	374 000	310 000

Income (NOK)	2022	2021	2020	2019
Revenue	116 000	139 000	334 000	146 000
Expenditure	96 000	132 000	255 000	103 000
Operating Profit	16 000	−9 000	81 000	12 000
Financial Income	5 000	1 000	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	5 000	1 000	1 000	2 000
Earnings Before Tax	21 000	−8 000	82 000	14 000
Tax	3 000	0	18 000	3 000
Net Income	18 000	−8 000	64 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	490 000	480 000	516 000	453 000
Total Assets	490 000	480 000	516 000	453 000
Total Retained Equity	0	0	0	0
Total Equity	384 000	365 000	374 000	310 000
Total Long-Term Debt	104 000	111 000	119 000	128 000
Total Current Debt	2 000	4 000	24 000	15 000
Total Equity and Debt	490 000	480 000	516 000	453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	116 000	138 000	332 000	144 000
Other Income	0	1 000	2 000	2 000
Revenue	116 000	139 000	334 000	146 000
Cost of Goods Sold	28 000	39 000	86 000	18 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	96 000	132 000	255 000	103 000
Operating Profit	16 000	−9 000	81 000	12 000
Financial Income	5 000	1 000	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	5 000	1 000	1 000	2 000
Dividends	0	0	0	0
Net Income	18 000	−8 000	64 000	11 000

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	108 000	112 000	127 000	125 000
Total Investments	0	0	0	0
Cash, Bank	381 000	361 000	380 000	321 000
Total Current Assets	490 000	480 000	516 000	453 000
Total Assets	490 000	480 000	516 000	453 000
Total Equity	384 000	365 000	374 000	310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	104 000	111 000	119 000	128 000
Creditors	0	5 000	9 000	9 000
Unpaid Taxes	−2 000	−2 000	−5 000	−3 000
Dividends	0	0	0	0
Other Current Debt	2 000	0	2 000	6 000
Total Current Debt	2 000	4 000	24 000	15 000
Total Equity and Debt	490 000	480 000	516 000	453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,69 %	−2,19 %	17,11 %	3,55 %
Debt-to-Equity Ratio	0,27	0,3	0,32	0,41
Operating Profit Margin	13,79 %	−6,47 %	24,25 %	8,22 %
Current Ratio	245	120	21,5	30,2
Quick Ratio	−4,62	−4,44	−5,01	−4,12
Equity Ratio	0,78	0,76	0,72	0,68
Gross Profit Margin	75,86 %	71,94 %	74,25 %	87,67 %