FREMGAARD HOLDING AS

2933 REINLI

Finances

Return on Equity

233,33 %

Current Ratio

1,15

Debt-to-Equity Ratio

23,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	85 000	152 000	400 000	442 000
Net Income	7 000	30 000	−63 000	−41 000
Total Assets	570 000	575 000	548 000	557 000
Total Equity	3 000	−4 000	−34 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	85 000	152 000	400 000	442 000
Expenditure	77 000	115 000	478 000	491 000
Operating Profit	9 000	38 000	−78 000	−49 000
Financial Income	0	1 000	1 000	0
Financial Costs	0	0	4 000	4 000
Financial Balance	0	1 000	−3 000	−4 000
Earnings Before Tax	9 000	38 000	−81 000	−53 000
Tax	2 000	8 000	−18 000	−12 000
Net Income	7 000	30 000	−63 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	4 000	9 000
Total Current Assets	570 000	575 000	544 000	549 000
Total Assets	570 000	575 000	548 000	557 000
Total Retained Equity	−27 000	−34 000	−64 000	0
Total Equity	3 000	−4 000	−34 000	30 000
Total Long-Term Debt	71 000	90 000	113 000	147 000
Total Current Debt	496 000	489 000	468 000	381 000
Total Equity and Debt	570 000	575 000	548 000	557 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	85 000	152 000	400 000	442 000
Other Income	0	0	0	0
Revenue	85 000	152 000	400 000	442 000
Cost of Goods Sold	52 000	83 000	435 000	392 000
Salary Costs	0	0	0	0
Depreciation	0	4 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	77 000	115 000	478 000	491 000
Operating Profit	9 000	38 000	−78 000	−49 000
Financial Income	0	1 000	1 000	0
Financial Costs	0	0	4 000	4 000
Financial Balance	0	1 000	−3 000	−4 000
Dividends	0	0	0	0
Net Income	7 000	30 000	−63 000	−41 000

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	4 000	9 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	4 000	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	4 000	9 000
Stock	71 000	65 000	87 000	147 000
Total Investments	0	0	0	0
Cash, Bank	9 000	46 000	21 000	10 000
Total Current Assets	570 000	575 000	544 000	549 000
Total Assets	570 000	575 000	548 000	557 000
Total Equity	3 000	−4 000	−34 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	71 000	90 000	113 000	147 000
Creditors	3 000	1 000	2 000	1 000
Unpaid Taxes	0	10 000	3 000	5 000
Dividends	0	0	0	0
Other Current Debt	473 000	447 000	447 000	348 000
Total Current Debt	496 000	489 000	468 000	381 000
Total Equity and Debt	570 000	575 000	548 000	557 000

Financial indicators	2022	2021	2020	2019
Return on Equity	233,33 %	−750 %	185,29 %	−136,67 %
Debt-to-Equity Ratio	23,67	−22,5	−3,32	4,9
Operating Profit Margin	10,59 %	25 %	−19,5 %	−11,09 %
Current Ratio	1,15	1,18	1,16	1,44
Quick Ratio	1,34	1,36	1,43	2,35
Equity Ratio	0,01	−0,01	−0,06	0,05
Gross Profit Margin	38,82 %	45,39 %	−8,75 %	11,31 %