FREDRIKSTAD CRUISE LINE AS

1621 GRESSVIK

Finances

Share Ownership

Return on Equity

900 %

Current Ratio

14,51

Debt-to-Equity Ratio

28,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 747 000	0	0	1 136 000
Net Income	486 000	−228 000	−263 000	112 000
Total Assets	1 654 000	974 000	1 076 000	1 677 000
Total Equity	54 000	−431 000	−203 000	60 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 747 000	0	0	1 136 000
Expenditure	1 249 000	227 000	274 000	1 006 000
Operating Profit	498 000	−226 000	−274 000	129 000
Financial Income	0	0	3 000	−3 000
Financial Costs	1 000	2 000	3 000	3 000
Financial Balance	−1 000	−2 000	0	−6 000
Earnings Before Tax	498 000	−228 000	−274 000	123 000
Tax	12 000	0	−11 000	11 000
Net Income	486 000	−228 000	−263 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	827 000	891 000	956 000	990 000
Total Current Assets	827 000	82 000	121 000	686 000
Total Assets	1 654 000	974 000	1 076 000	1 677 000
Total Retained Equity	24 000	−461 000	−233 000	30 000
Total Equity	54 000	−431 000	−203 000	60 000
Total Long-Term Debt	1 542 000	1 342 000	1 244 000	1 539 000
Total Current Debt	57 000	63 000	36 000	78 000
Total Equity and Debt	1 654 000	974 000	1 076 000	1 677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	882 000	0	0	567 000
Other Income	865 000	0	0	568 000
Revenue	1 747 000	0	0	1 136 000
Cost of Goods Sold	451 000	0	0	208 000
Salary Costs	115 000	0	8 000	187 000
Depreciation	65 000	65 000	55 000	73 000
Impairment	0	0	0	0
Expenditure	1 249 000	227 000	274 000	1 006 000
Operating Profit	498 000	−226 000	−274 000	129 000
Financial Income	0	0	3 000	−3 000
Financial Costs	1 000	2 000	3 000	3 000
Financial Balance	−1 000	−2 000	0	−6 000
Dividends	0	0	0	0
Net Income	486 000	−228 000	−263 000	112 000

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	10 000	19 000	27 000	6 000
Total Tangible Assets	827 000	891 000	956 000	990 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	827 000	891 000	956 000	990 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	667 000	73 000	115 000	673 000
Total Current Assets	827 000	82 000	121 000	686 000
Total Assets	1 654 000	974 000	1 076 000	1 677 000
Total Equity	54 000	−431 000	−203 000	60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 542 000	1 342 000	1 244 000	1 539 000
Creditors	37 000	28 000	12 000	16 000
Unpaid Taxes	15 000	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	5 000	35 000	24 000	60 000
Total Current Debt	57 000	63 000	36 000	78 000
Total Equity and Debt	1 654 000	974 000	1 076 000	1 677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	900 %	52,9 %	129,56 %	186,67 %
Debt-to-Equity Ratio	28,56	−3,11	−6,13	25,65
Operating Profit Margin	28,51 %	-	-	11,36 %
Current Ratio	14,51	1,3	3,36	8,79
Quick Ratio	14,51	1,3	3,36	8,79
Equity Ratio	0,03	−0,44	−0,19	0,04
Gross Profit Margin	74,18 %	-	-	81,69 %