FREMO OPPVEKST AS

7066 TRONDHEIM

Finances

Share Ownership

Return on Equity

79 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 839 000	5 967 000	5 261 000	804 000
Net Income	794 000	171 000	−113 000	−246 000
Total Assets	3 322 000	2 208 000	1 732 000	1 352 000
Total Equity	1 005 000	212 000	41 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 839 000	5 967 000	5 261 000	804 000
Expenditure	8 808 000	5 747 000	5 403 000	1 118 000
Operating Profit	1 031 000	220 000	−142 000	−314 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	3 000	1 000
Financial Balance	−13 000	0	−3 000	−1 000
Earnings Before Tax	1 018 000	219 000	−144 000	−315 000
Tax	224 000	48 000	−32 000	−69 000
Net Income	794 000	171 000	−113 000	−246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 322 000	2 208 000	1 732 000	1 352 000
Total Assets	3 322 000	2 208 000	1 732 000	1 352 000
Total Retained Equity	965 000	171 000	0	−246 000
Total Equity	1 005 000	212 000	41 000	44 000
Total Long-Term Debt	0	4 000	3 000	4 000
Total Current Debt	2 317 000	1 993 000	1 688 000	1 304 000
Total Equity and Debt	3 322 000	2 208 000	1 732 000	1 352 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 839 000	5 967 000	5 261 000	804 000
Other Income	0	0	0	0
Revenue	9 839 000	5 967 000	5 261 000	804 000
Cost of Goods Sold	0	0	0	0
Salary Costs	8 505 000	5 450 000	4 937 000	991 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 808 000	5 747 000	5 403 000	1 118 000
Operating Profit	1 031 000	220 000	−142 000	−314 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	3 000	1 000
Financial Balance	−13 000	0	−3 000	−1 000
Dividends	0	0	0	0
Net Income	794 000	171 000	−113 000	−246 000

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	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 596 000	1 300 000	925 000	147 000
Total Current Assets	3 322 000	2 208 000	1 732 000	1 352 000
Total Assets	3 322 000	2 208 000	1 732 000	1 352 000
Total Equity	1 005 000	212 000	41 000	44 000
Short-Term Group Debt	0	520 000	734 000	681 000
Total Long-Term Debt	0	4 000	3 000	4 000
Creditors	55 000	44 000	11 000	77 000
Unpaid Taxes	369 000	283 000	266 000	347 000
Dividends	0	0	0	0
Other Current Debt	1 665 000	1 098 000	677 000	199 000
Total Current Debt	2 317 000	1 993 000	1 688 000	1 304 000
Total Equity and Debt	3 322 000	2 208 000	1 732 000	1 352 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79 %	80,66 %	−275,61 %	−559,09 %
Debt-to-Equity Ratio	0	0,02	0,07	0,09
Operating Profit Margin	10,48 %	3,69 %	−2,7 %	−39,05 %
Current Ratio	1,43	1,11	1,03	1,04
Quick Ratio	1,43	1,11	1,03	1,04
Equity Ratio	0,3	0,1	0,02	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %