FREDRIKSTAD HAGESENTER AS

2100 SKARNES

Finances

Share Ownership

Return on Equity

169,93 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 273 000	41 452 000	41 787 000	27 809 000
Net Income	5 929 000	6 652 000	7 571 000	1 572 000
Total Assets	14 840 000	17 292 000	17 131 000	9 003 000
Total Equity	3 489 000	2 960 000	2 903 000	2 901 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 273 000	41 452 000	41 787 000	27 809 000
Expenditure	32 720 000	32 986 000	32 083 000	25 782 000
Operating Profit	7 553 000	8 464 000	9 703 000	2 026 000
Financial Income	92 000	98 000	62 000	33 000
Financial Costs	43 000	35 000	56 000	43 000
Financial Balance	49 000	63 000	6 000	−10 000
Earnings Before Tax	7 601 000	8 528 000	9 710 000	2 016 000
Tax	1 672 000	1 876 000	2 139 000	444 000
Net Income	5 929 000	6 652 000	7 571 000	1 572 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	347 000	447 000	501 000	212 000
Total Current Assets	14 493 000	16 845 000	16 630 000	8 791 000
Total Assets	14 840 000	17 292 000	17 131 000	9 003 000
Total Retained Equity	589 000	60 000	3 000	1 000
Total Equity	3 489 000	2 960 000	2 903 000	2 901 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 351 000	14 332 000	14 228 000	6 102 000
Total Equity and Debt	14 840 000	17 292 000	17 131 000	9 003 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 273 000	41 452 000	41 787 000	27 809 000
Other Income	0	0	0	0
Revenue	40 273 000	41 452 000	41 787 000	27 809 000
Cost of Goods Sold	19 870 000	19 432 000	20 390 000	13 612 000
Salary Costs	7 332 000	6 128 000	5 743 000	7 196 000
Depreciation	96 000	93 000	56 000	6 000
Impairment	0	0	0	0
Expenditure	32 720 000	32 986 000	32 083 000	25 782 000
Operating Profit	7 553 000	8 464 000	9 703 000	2 026 000
Financial Income	92 000	98 000	62 000	33 000
Financial Costs	43 000	35 000	56 000	43 000
Financial Balance	49 000	63 000	6 000	−10 000
Dividends	1 500 000	2 000 000	2 000 000	126 000
Net Income	5 929 000	6 652 000	7 571 000	1 572 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	159 000	163 000	176 000	194 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	188 000	284 000	325 000	18 000
Total Tangible Assets	188 000	284 000	325 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	347 000	447 000	501 000	212 000
Stock	8 060 000	6 997 000	3 441 000	3 958 000
Total Investments	0	0	0	0
Cash, Bank	5 992 000	8 715 000	12 975 000	4 725 000
Total Current Assets	14 493 000	16 845 000	16 630 000	8 791 000
Total Assets	14 840 000	17 292 000	17 131 000	9 003 000
Total Equity	3 489 000	2 960 000	2 903 000	2 901 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	805 000	848 000	860 000	2 535 000
Unpaid Taxes	1 572 000	1 643 000	1 711 000	441 000
Dividends	1 500 000	2 000 000	2 000 000	126 000
Other Current Debt	8 407 000	11 273 000	11 106 000	3 042 000
Total Current Debt	11 351 000	14 332 000	14 228 000	6 102 000
Total Equity and Debt	14 840 000	17 292 000	17 131 000	9 003 000

Financial indicators	2022	2021	2020	2019
Return on Equity	169,93 %	224,73 %	260,8 %	54,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,75 %	20,42 %	23,22 %	7,29 %
Current Ratio	1,28	1,18	1,17	1,44
Quick Ratio	4,4	2,3	1,54	4,1
Equity Ratio	0,24	0,17	0,17	0,32
Gross Profit Margin	50,66 %	53,12 %	51,2 %	51,05 %