FREMO NÆRINGSPARK AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

730,59 %

Current Ratio

0,62

Debt-to-Equity Ratio

377,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 728 000	4 416 000	3 700 000	5 222 000
Net Income	621 000	269 000	−285 000	−143 000
Total Assets	35 632 000	35 663 000	36 763 000	36 584 000
Total Equity	85 000	41 000	−408 000	−123 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 728 000	4 416 000	3 700 000	5 222 000
Expenditure	3 327 000	2 946 000	2 839 000	3 898 000
Operating Profit	2 401 000	1 470 000	861 000	1 324 000
Financial Income	1 000	7 000	8 000	2 000
Financial Costs	1 606 000	1 132 000	1 234 000	1 512 000
Financial Balance	−1 605 000	−1 125 000	−1 226 000	−1 510 000
Earnings Before Tax	796 000	345 000	−365 000	−186 000
Tax	175 000	76 000	−80 000	−43 000
Net Income	621 000	269 000	−285 000	−143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 470 000	34 295 000	36 027 000	36 228 000
Total Current Assets	2 162 000	1 368 000	737 000	356 000
Total Assets	35 632 000	35 663 000	36 763 000	36 584 000
Total Retained Equity	54 000	11 000	−1 486 000	−1 201 000
Total Equity	85 000	41 000	−408 000	−123 000
Total Long-Term Debt	32 077 000	33 002 000	36 380 000	36 365 000
Total Current Debt	3 471 000	2 620 000	791 000	341 000
Total Equity and Debt	35 632 000	35 663 000	36 763 000	36 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	4 053 000	3 459 000	5 167 000
Other Income	5 728 000	363 000	241 000	55 000
Revenue	5 728 000	4 416 000	3 700 000	5 222 000
Cost of Goods Sold	119 000	0	0	7 000
Salary Costs	349 000	360 000	271 000	75 000
Depreciation	1 160 000	1 155 000	1 118 000	1 126 000
Impairment	0	0	0	0
Expenditure	3 327 000	2 946 000	2 839 000	3 898 000
Operating Profit	2 401 000	1 470 000	861 000	1 324 000
Financial Income	1 000	7 000	8 000	2 000
Financial Costs	1 606 000	1 132 000	1 234 000	1 512 000
Financial Balance	−1 605 000	−1 125 000	−1 226 000	−1 510 000
Dividends	0	0	0	0
Net Income	621 000	269 000	−285 000	−143 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	120 000	0	0	0
Real Eastate	32 890 000	33 966 000	34 917 000	36 009 000
Machinery and Plant Facilities	311 000	157 000	197 000	0
Fixtures	149 000	172 000	196 000	219 000
Total Tangible Assets	33 350 000	34 295 000	35 309 000	36 228 000
Total Fiancial Fixed Assets	0	0	717 000	0
Total Fixed Assets	33 470 000	34 295 000	36 027 000	36 228 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	741 000	483 000	46 000
Total Current Assets	2 162 000	1 368 000	737 000	356 000
Total Assets	35 632 000	35 663 000	36 763 000	36 584 000
Total Equity	85 000	41 000	−408 000	−123 000
Short-Term Group Debt	2 768 000	2 435 000	0	0
Total Long-Term Debt	32 077 000	33 002 000	36 380 000	36 365 000
Creditors	234 000	51 000	491 000	48 000
Unpaid Taxes	257 000	27 000	30 000	29 000
Dividends	0	0	0	0
Other Current Debt	211 000	107 000	203 000	150 000
Total Current Debt	3 471 000	2 620 000	791 000	341 000
Total Equity and Debt	35 632 000	35 663 000	36 763 000	36 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	730,59 %	656,1 %	69,85 %	116,26 %
Debt-to-Equity Ratio	377,38	804,93	−89,17	−295,65
Operating Profit Margin	41,92 %	33,29 %	23,27 %	25,35 %
Current Ratio	0,62	0,52	0,93	1,04
Quick Ratio	0,62	0,52	0,93	1,04
Equity Ratio	0	0	−0,01	−0
Gross Profit Margin	97,92 %	100 %	100 %	99,87 %