FREMO AS

3290 STAVERN

Finances

Return on Equity

10,48 %

Current Ratio

3,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 440 000	28 573 000	36 747 000	42 943 000
Net Income	1 933 000	1 963 000	2 061 000	1 687 000
Total Assets	25 299 000	22 924 000	24 836 000	24 863 000
Total Equity	18 453 000	17 019 000	15 556 000	14 995 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 440 000	28 573 000	36 747 000	42 943 000
Expenditure	29 421 000	26 484 000	34 619 000	40 745 000
Operating Profit	2 019 000	2 089 000	2 127 000	2 198 000
Financial Income	583 000	417 000	353 000	508 000
Financial Costs	50 000	49 000	149 000	475 000
Financial Balance	533 000	368 000	204 000	33 000
Earnings Before Tax	2 552 000	2 457 000	2 332 000	2 230 000
Tax	619 000	494 000	271 000	543 000
Net Income	1 933 000	1 963 000	2 061 000	1 687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 360 000	1 558 000	1 810 000	2 133 000
Total Current Assets	23 939 000	21 366 000	23 026 000	22 730 000
Total Assets	25 299 000	22 924 000	24 836 000	24 863 000
Total Retained Equity	16 953 000	15 519 000	14 056 000	13 495 000
Total Equity	18 453 000	17 019 000	15 556 000	14 995 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 847 000	5 905 000	9 280 000	9 868 000
Total Equity and Debt	25 299 000	22 924 000	24 836 000	24 863 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 440 000	28 573 000	36 747 000	42 700 000
Other Income	0	0	0	243 000
Revenue	31 440 000	28 573 000	36 747 000	42 943 000
Cost of Goods Sold	12 549 000	11 841 000	13 233 000	17 007 000
Salary Costs	11 533 000	11 606 000	11 631 000	11 949 000
Depreciation	198 000	253 000	323 000	446 000
Impairment	0	0	0	0
Expenditure	29 421 000	26 484 000	34 619 000	40 745 000
Operating Profit	2 019 000	2 089 000	2 127 000	2 198 000
Financial Income	583 000	417 000	353 000	508 000
Financial Costs	50 000	49 000	149 000	475 000
Financial Balance	533 000	368 000	204 000	33 000
Dividends	500 000	500 000	1 500 000	0
Net Income	1 933 000	1 963 000	2 061 000	1 687 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	617 000	617 000	617 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	743 000	941 000	1 194 000	1 517 000
Total Tangible Assets	1 360 000	1 558 000	1 810 000	2 133 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 360 000	1 558 000	1 810 000	2 133 000
Stock	6 164 000	5 825 000	4 511 000	4 576 000
Total Investments	4 488 000	4 488 000	2 976 000	1 417 000
Cash, Bank	5 565 000	4 934 000	7 761 000	13 012 000
Total Current Assets	23 939 000	21 366 000	23 026 000	22 730 000
Total Assets	25 299 000	22 924 000	24 836 000	24 863 000
Total Equity	18 453 000	17 019 000	15 556 000	14 995 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 943 000	1 640 000	2 570 000	3 180 000
Unpaid Taxes	2 134 000	1 673 000	1 693 000	2 730 000
Dividends	500 000	500 000	1 500 000	0
Other Current Debt	2 151 000	2 098 000	4 746 000	1 268 000
Total Current Debt	6 847 000	5 905 000	9 280 000	9 868 000
Total Equity and Debt	25 299 000	22 924 000	24 836 000	24 863 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,48 %	11,53 %	13,25 %	11,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,42 %	7,31 %	5,79 %	5,12 %
Current Ratio	3,5	3,62	2,48	2,3
Quick Ratio	35,05	267,08	4,83	4,3
Equity Ratio	0,73	0,74	0,63	0,6
Gross Profit Margin	60,09 %	58,56 %	63,99 %	60,4 %