FREDRIKSSTAD MOTORFABRIK AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

−1,82 %

Current Ratio

2,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 650 000	6 864 000	5 950 000	7 343 000
Net Income	−87 000	−291 000	−912 000	−434 000
Total Assets	5 887 000	5 557 000	6 257 000	5 999 000
Total Equity	4 779 000	4 410 000	4 701 000	4 792 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 650 000	6 864 000	5 950 000	7 343 000
Expenditure	8 777 000	7 230 000	7 127 000	7 905 000
Operating Profit	−127 000	−366 000	−1 177 000	−562 000
Financial Income	15 000	8 000	9 000	6 000
Financial Costs	0	12 000	1 000	1 000
Financial Balance	15 000	−4 000	8 000	5 000
Earnings Before Tax	−112 000	−369 000	−1 169 000	−557 000
Tax	−25 000	−79 000	−257 000	−123 000
Net Income	−87 000	−291 000	−912 000	−434 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 874 000	2 277 000	1 332 000	1 854 000
Total Current Assets	3 013 000	3 280 000	4 925 000	4 145 000
Total Assets	5 887 000	5 557 000	6 257 000	5 999 000
Total Retained Equity	0	0	0	0
Total Equity	4 779 000	4 410 000	4 701 000	4 792 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 109 000	1 147 000	1 556 000	1 207 000
Total Equity and Debt	5 887 000	5 557 000	6 257 000	5 999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 650 000	6 864 000	5 950 000	7 343 000
Other Income	0	0	0	0
Revenue	8 650 000	6 864 000	5 950 000	7 343 000
Cost of Goods Sold	1 965 000	1 471 000	1 396 000	1 298 000
Salary Costs	3 482 000	3 184 000	3 331 000	3 528 000
Depreciation	717 000	586 000	542 000	648 000
Impairment	0	0	0	0
Expenditure	8 777 000	7 230 000	7 127 000	7 905 000
Operating Profit	−127 000	−366 000	−1 177 000	−562 000
Financial Income	15 000	8 000	9 000	6 000
Financial Costs	0	12 000	1 000	1 000
Financial Balance	15 000	−4 000	8 000	5 000
Dividends	0	0	0	0
Net Income	−87 000	−291 000	−912 000	−434 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	158 000	262 000	183 000	157 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 717 000	2 016 000	1 137 000	1 679 000
Total Tangible Assets	2 717 000	2 016 000	1 137 000	1 679 000
Total Fiancial Fixed Assets	0	0	12 000	18 000
Total Fixed Assets	2 874 000	2 277 000	1 332 000	1 854 000
Stock	1 063 000	952 000	748 000	1 022 000
Total Investments	0	0	0	0
Cash, Bank	326 000	326 000	324 000	576 000
Total Current Assets	3 013 000	3 280 000	4 925 000	4 145 000
Total Assets	5 887 000	5 557 000	6 257 000	5 999 000
Total Equity	4 779 000	4 410 000	4 701 000	4 792 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	265 000	83 000	736 000	436 000
Unpaid Taxes	397 000	357 000	358 000	256 000
Dividends	0	0	0	0
Other Current Debt	446 000	707 000	461 000	515 000
Total Current Debt	1 109 000	1 147 000	1 556 000	1 207 000
Total Equity and Debt	5 887 000	5 557 000	6 257 000	5 999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,82 %	−6,6 %	−19,4 %	−9,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,47 %	−5,33 %	−19,78 %	−7,65 %
Current Ratio	2,72	2,86	3,17	3,43
Quick Ratio	65,5	16,82	6,1	22,41
Equity Ratio	0,81	0,79	0,75	0,8
Gross Profit Margin	77,28 %	78,57 %	76,54 %	82,32 %