FRIVÅG-HANSEN INVEST AS

1414 TROLLÅSEN

Finances

Return on Equity

−21,24 %

Current Ratio

1,24

Debt-to-Equity Ratio

2,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	201 113 000	0	0	81 000
Net Income	−1 570 000	−108 000	−3 000	17 528 000
Total Assets	96 095 000	18 834 000	20 591 000	23 732 000
Total Equity	7 390 000	18 631 000	19 188 000	20 391 000

Income (NOK)	2022	2021	2020	2019
Revenue	201 113 000	0	0	81 000
Expenditure	200 292 000	108 000	334 000	181 000
Operating Profit	820 000	−108 000	−334 000	−100 000
Financial Income	593 000	0	468 000	17 629 000
Financial Costs	2 775 000	0	137 000	0
Financial Balance	−2 182 000	0	331 000	17 629 000
Earnings Before Tax	−1 361 000	−108 000	−3 000	17 528 000
Tax	209 000	0	0	0
Net Income	−1 570 000	−108 000	−3 000	17 528 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 845 000	18 647 000	19 894 000	22 961 000
Total Current Assets	90 250 000	187 000	698 000	771 000
Total Assets	96 095 000	18 834 000	20 591 000	23 732 000
Total Retained Equity	7 218 000	18 459 000	19 016 000	20 219 000
Total Equity	7 390 000	18 631 000	19 188 000	20 391 000
Total Long-Term Debt	15 801 000	0	0	1 100 000
Total Current Debt	72 904 000	203 000	1 403 000	2 241 000
Total Equity and Debt	96 095 000	18 834 000	20 591 000	23 732 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	195 602 000	0	0	81 000
Other Income	5 511 000	0	0	0
Revenue	201 113 000	0	0	81 000
Cost of Goods Sold	135 295 000	0	0	77 000
Salary Costs	28 488 000	0	0	0
Depreciation	1 792 000	0	0	0
Impairment	0	0	0	0
Expenditure	200 292 000	108 000	334 000	181 000
Operating Profit	820 000	−108 000	−334 000	−100 000
Financial Income	593 000	0	468 000	17 629 000
Financial Costs	2 775 000	0	137 000	0
Financial Balance	−2 182 000	0	331 000	17 629 000
Dividends	0	450 000	300 000	0
Net Income	−1 570 000	−108 000	−3 000	17 528 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	179 000	0	0	0
Total Intangible Assets	2 518 000	0	0	0
Real Eastate	1 174 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 154 000	0	0	0
Total Tangible Assets	3 327 000	0	0	0
Total Fiancial Fixed Assets	0	18 647 000	19 894 000	22 961 000
Total Fixed Assets	5 845 000	18 647 000	19 894 000	22 961 000
Stock	49 996 000	0	0	0
Total Investments	299 000	0	0	0
Cash, Bank	2 633 000	184 000	226 000	192 000
Total Current Assets	90 250 000	187 000	698 000	771 000
Total Assets	96 095 000	18 834 000	20 591 000	23 732 000
Total Equity	7 390 000	18 631 000	19 188 000	20 391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 801 000	0	0	1 100 000
Creditors	46 935 000	3 000	3 000	3 000
Unpaid Taxes	10 100 000	0	0	0
Dividends	0	450 000	300 000	0
Other Current Debt	5 990 000	0	1 100 000	2 238 000
Total Current Debt	72 904 000	203 000	1 403 000	2 241 000
Total Equity and Debt	96 095 000	18 834 000	20 591 000	23 732 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,24 %	−0,58 %	−0,02 %	85,96 %
Debt-to-Equity Ratio	2,14	0	0	0,05
Operating Profit Margin	0,41 %	-	-	−123,46 %
Current Ratio	1,24	0,92	0,5	0,34
Quick Ratio	3,94	0,92	0,5	0,34
Equity Ratio	0,08	0,99	0,93	0,86
Gross Profit Margin	32,73 %	-	-	4,94 %