FREMMERSVIK AS

2760 BRANDBU

Finances

Return on Equity

47,38 %

Current Ratio

0,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 820 000	1 030 000	915 000	275 000
Net Income	760 000	−217 000	41 000	−254 000
Total Assets	3 521 000	2 721 000	2 026 000	1 241 000
Total Equity	1 604 000	844 000	790 000	743 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 820 000	1 030 000	915 000	275 000
Expenditure	891 000	1 232 000	869 000	1 046 000
Operating Profit	928 000	−202 000	46 000	−771 000
Financial Income	1 000	0	0	550 000
Financial Costs	0	0	0	27 000
Financial Balance	1 000	0	0	523 000
Earnings Before Tax	929 000	−202 000	47 000	−248 000
Tax	169 000	16 000	6 000	7 000
Net Income	760 000	−217 000	41 000	−254 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 842 000	1 374 000	814 000	34 000
Total Current Assets	1 679 000	1 348 000	1 213 000	1 208 000
Total Assets	3 521 000	2 721 000	2 026 000	1 241 000
Total Retained Equity	1 574 000	814 000	760 000	713 000
Total Equity	1 604 000	844 000	790 000	743 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 917 000	1 877 000	1 236 000	499 000
Total Equity and Debt	3 521 000	2 721 000	2 026 000	1 241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 452 000	392 000	735 000	180 000
Other Income	367 000	638 000	179 000	95 000
Revenue	1 820 000	1 030 000	915 000	275 000
Cost of Goods Sold	250 000	426 000	336 000	342 000
Salary Costs	3 000	12 000	0	0
Depreciation	116 000	159 000	203 000	39 000
Impairment	0	0	0	0
Expenditure	891 000	1 232 000	869 000	1 046 000
Operating Profit	928 000	−202 000	46 000	−771 000
Financial Income	1 000	0	0	550 000
Financial Costs	0	0	0	27 000
Financial Balance	1 000	0	0	523 000
Dividends	0	0	0	0
Net Income	760 000	−217 000	41 000	−254 000

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	968 000	480 000	10 000	0
Fixtures	79 000	99 000	9 000	4 000
Total Tangible Assets	1 047 000	579 000	19 000	4 000
Total Fiancial Fixed Assets	795 000	795 000	795 000	30 000
Total Fixed Assets	1 842 000	1 374 000	814 000	34 000
Stock	0	−312 000	−281 000	134 000
Total Investments	0	0	0	0
Cash, Bank	505 000	601 000	745 000	256 000
Total Current Assets	1 679 000	1 348 000	1 213 000	1 208 000
Total Assets	3 521 000	2 721 000	2 026 000	1 241 000
Total Equity	1 604 000	844 000	790 000	743 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	200 000	530 000	312 000	232 000
Unpaid Taxes	0	0	119 000	0
Dividends	0	0	0	0
Other Current Debt	1 565 000	1 348 000	807 000	260 000
Total Current Debt	1 917 000	1 877 000	1 236 000	499 000
Total Equity and Debt	3 521 000	2 721 000	2 026 000	1 241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,38 %	−25,71 %	5,19 %	−34,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	50,99 %	−19,61 %	5,03 %	−280,36 %
Current Ratio	0,88	0,72	0,98	2,42
Quick Ratio	0,88	0,62	0,8	3,31
Equity Ratio	0,46	0,31	0,39	0,6
Gross Profit Margin	86,26 %	58,64 %	63,28 %	−24,36 %