FREM EIENDOM INVEST AS

2407 ELVERUM

Finances

Share Ownership

Return on Equity

−1,38 %

Current Ratio

1,1

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	165 000	2 939 000	8 722 000	0
Net Income	−5 000	−150 000	493 000	−2 000
Total Assets	1 620 000	744 000	3 452 000	5 457 000
Total Equity	363 000	368 000	518 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	165 000	2 939 000	8 722 000	0
Expenditure	142 000	3 077 000	7 780 000	2 000
Operating Profit	23 000	−137 000	941 000	−2 000
Financial Income	0	1 000	1 000	0
Financial Costs	28 000	13 000	313 000	0
Financial Balance	−28 000	−12 000	−312 000	0
Earnings Before Tax	−5 000	−150 000	628 000	−2 000
Tax	0	0	135 000	0
Net Income	−5 000	−150 000	493 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 120 000	356 000	117 000	0
Total Current Assets	500 000	389 000	3 335 000	5 457 000
Total Assets	1 620 000	744 000	3 452 000	5 457 000
Total Retained Equity	328 000	334 000	484 000	−9 000
Total Equity	363 000	368 000	518 000	25 000
Total Long-Term Debt	802 000	0	2 200 000	3 372 000
Total Current Debt	455 000	376 000	734 000	2 060 000
Total Equity and Debt	1 620 000	744 000	3 452 000	5 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	165 000	2 939 000	8 722 000	0
Other Income	0	0	0	0
Revenue	165 000	2 939 000	8 722 000	0
Cost of Goods Sold	0	2 994 000	7 740 000	0
Salary Costs	0	0	0	0
Depreciation	56 000	40 000	0	0
Impairment	0	0	0	0
Expenditure	142 000	3 077 000	7 780 000	2 000
Operating Profit	23 000	−137 000	941 000	−2 000
Financial Income	0	1 000	1 000	0
Financial Costs	28 000	13 000	313 000	0
Financial Balance	−28 000	−12 000	−312 000	0
Dividends	0	0	0	0
Net Income	−5 000	−150 000	493 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	821 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	299 000	356 000	117 000	0
Total Tangible Assets	1 120 000	356 000	117 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 120 000	356 000	117 000	0
Stock	0	0	2 580 000	5 375 000
Total Investments	0	0	0	0
Cash, Bank	0	24 000	747 000	82 000
Total Current Assets	500 000	389 000	3 335 000	5 457 000
Total Assets	1 620 000	744 000	3 452 000	5 457 000
Total Equity	363 000	368 000	518 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	802 000	0	2 200 000	3 372 000
Creditors	413 000	0	0	2 024 000
Unpaid Taxes	40 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	376 000	599 000	36 000
Total Current Debt	455 000	376 000	734 000	2 060 000
Total Equity and Debt	1 620 000	744 000	3 452 000	5 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,38 %	−40,76 %	95,17 %	−8 %
Debt-to-Equity Ratio	2,21	0	4,25	134,88
Operating Profit Margin	13,94 %	−4,66 %	10,79 %	-
Current Ratio	1,1	1,03	4,54	2,65
Quick Ratio	1,1	1,03	−1,81	−1,65
Equity Ratio	0,22	0,49	0,15	0
Gross Profit Margin	100 %	−1,87 %	11,26 %	-