FRAKKAGJERD EIENDOM AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

5,02 %

Current Ratio

1,69

Debt-to-Equity Ratio

2,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 362 000	1 369 000	1 148 000	642 000
Net Income	182 000	273 000	319 000	361 000
Total Assets	15 250 000	14 897 000	13 517 000	4 311 000
Total Equity	3 622 000	3 646 000	3 668 000	3 660 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 362 000	1 369 000	1 148 000	642 000
Expenditure	651 000	687 000	420 000	170 000
Operating Profit	711 000	682 000	729 000	473 000
Financial Income	0	0	3 000	0
Financial Costs	478 000	332 000	322 000	10 000
Financial Balance	−478 000	−332 000	−319 000	−10 000
Earnings Before Tax	234 000	350 000	409 000	463 000
Tax	51 000	77 000	90 000	102 000
Net Income	182 000	273 000	319 000	361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 128 000	13 360 000	12 422 000	3 386 000
Total Current Assets	2 122 000	1 537 000	1 095 000	925 000
Total Assets	15 250 000	14 897 000	13 517 000	4 311 000
Total Retained Equity	3 592 000	3 616 000	3 638 000	3 630 000
Total Equity	3 622 000	3 646 000	3 668 000	3 660 000
Total Long-Term Debt	10 369 000	10 662 000	9 418 000	116 000
Total Current Debt	1 258 000	589 000	431 000	534 000
Total Equity and Debt	15 250 000	14 897 000	13 517 000	4 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	652 000	1 041 000	642 000
Other Income	1 362 000	716 000	107 000	0
Revenue	1 362 000	1 369 000	1 148 000	642 000
Cost of Goods Sold	−49 000	124 000	0	0
Salary Costs	0	0	0	0
Depreciation	300 000	293 000	265 000	124 000
Impairment	0	0	0	0
Expenditure	651 000	687 000	420 000	170 000
Operating Profit	711 000	682 000	729 000	473 000
Financial Income	0	0	3 000	0
Financial Costs	478 000	332 000	322 000	10 000
Financial Balance	−478 000	−332 000	−319 000	−10 000
Dividends	0	0	0	0
Net Income	182 000	273 000	319 000	361 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 072 000	13 360 000	12 422 000	3 386 000
Machinery and Plant Facilities	56 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 128 000	13 360 000	12 422 000	3 386 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 128 000	13 360 000	12 422 000	3 386 000
Stock	821 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	126 000	1 119 000	781 000	419 000
Total Current Assets	2 122 000	1 537 000	1 095 000	925 000
Total Assets	15 250 000	14 897 000	13 517 000	4 311 000
Total Equity	3 622 000	3 646 000	3 668 000	3 660 000
Short-Term Group Debt	264 000	378 000	400 000	493 000
Total Long-Term Debt	10 369 000	10 662 000	9 418 000	116 000
Creditors	935 000	27 000	13 000	4 000
Unpaid Taxes	59 000	4 000	18 000	37 000
Dividends	0	0	0	0
Other Current Debt	0	180 000	0	0
Total Current Debt	1 258 000	589 000	431 000	534 000
Total Equity and Debt	15 250 000	14 897 000	13 517 000	4 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,02 %	7,49 %	8,7 %	9,86 %
Debt-to-Equity Ratio	2,86	2,92	2,57	0,03
Operating Profit Margin	52,2 %	49,82 %	63,5 %	73,68 %
Current Ratio	1,69	2,61	2,54	1,73
Quick Ratio	4,86	2,61	2,54	1,73
Equity Ratio	0,24	0,24	0,27	0,85
Gross Profit Margin	103,6 %	90,94 %	100 %	100 %