FREMNES BYGG AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

66,52 %

Current Ratio

0,94

Debt-to-Equity Ratio

0,93

Key figures (NOK)	2022	2021	2020
Revenue	6 302 000	4 006 000	0
Net Income	149 000	−56 000	−69 000
Total Assets	1 242 000	717 000	416 000
Total Equity	224 000	−25 000	31 000

Income (NOK)	2022	2021	2020
Revenue	6 302 000	4 006 000	0
Expenditure	6 084 000	4 048 000	87 000
Operating Profit	218 000	−42 000	−88 000
Financial Income	0	0	0
Financial Costs	27 000	28 000	0
Financial Balance	−27 000	−28 000	0
Earnings Before Tax	191 000	−70 000	−88 000
Tax	42 000	−14 000	−19 000
Net Income	149 000	−56 000	−69 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	484 000	394 000	375 000
Total Current Assets	758 000	323 000	41 000
Total Assets	1 242 000	717 000	416 000
Total Retained Equity	24 000	−125 000	−69 000
Total Equity	224 000	−25 000	31 000
Total Long-Term Debt	209 000	250 000	300 000
Total Current Debt	809 000	492 000	85 000
Total Equity and Debt	1 242 000	717 000	416 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 302 000	4 000 000	0
Other Income	0	5 000	0
Revenue	6 302 000	4 006 000	0
Cost of Goods Sold	2 916 000	1 938 000	2 000
Salary Costs	2 474 000	1 719 000	0
Depreciation	59 000	35 000	4 000
Impairment	0	0	0
Expenditure	6 084 000	4 048 000	87 000
Operating Profit	218 000	−42 000	−88 000
Financial Income	0	0	0
Financial Costs	27 000	28 000	0
Financial Balance	−27 000	−28 000	0
Dividends	0	0	0
Net Income	149 000	−56 000	−69 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	33 000	19 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	458 000	360 000	356 000
Total Tangible Assets	458 000	360 000	356 000
Total Fiancial Fixed Assets	26 000	0	0
Total Fixed Assets	484 000	394 000	375 000
Stock	118 000	94 000	0
Total Investments	0	0	0
Cash, Bank	207 000	219 000	0
Total Current Assets	758 000	323 000	41 000
Total Assets	1 242 000	717 000	416 000
Total Equity	224 000	−25 000	31 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	209 000	250 000	300 000
Creditors	203 000	88 000	41 000
Unpaid Taxes	349 000	224 000	0
Dividends	0	0	0
Other Current Debt	257 000	179 000	5 000
Total Current Debt	809 000	492 000	85 000
Total Equity and Debt	1 242 000	717 000	416 000

Financial indicators	2022	2021	2020
Return on Equity	66,52 %	224 %	−222,58 %
Debt-to-Equity Ratio	0,93	−10	9,68
Operating Profit Margin	3,46 %	−1,05 %	-
Current Ratio	0,94	0,66	0,48
Quick Ratio	1,1	0,81	0,48
Equity Ratio	0,18	−0,03	0,07
Gross Profit Margin	53,73 %	51,62 %	-