FREMSTAD EIENDOM AS

1794 SPONVIKA

Finances

Share Ownership

Return on Equity

−96,12 %

Current Ratio

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	488 000	408 000	195 000	834 000
Net Income	421 000	336 000	−13 000	497 000
Total Assets	171 000	710 000	762 000	1 405 000
Total Equity	−438 000	−859 000	−1 194 000	−1 181 000

Income (NOK)	2022	2021	2020	2019
Revenue	488 000	408 000	195 000	834 000
Expenditure	67 000	72 000	208 000	314 000
Operating Profit	421 000	336 000	−13 000	521 000
Financial Income	0	0	0	−17 000
Financial Costs	0	0	0	6 000
Financial Balance	0	0	0	−23 000
Earnings Before Tax	421 000	336 000	−13 000	497 000
Tax	0	0	0	0
Net Income	421 000	336 000	−13 000	497 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	171 000	155 000	155 000	155 000
Total Current Assets	0	555 000	607 000	1 250 000
Total Assets	171 000	710 000	762 000	1 405 000
Total Retained Equity	−468 000	−889 000	−1 224 000	−1 211 000
Total Equity	−438 000	−859 000	−1 194 000	−1 181 000
Total Long-Term Debt	0	0	0	147 000
Total Current Debt	609 000	1 568 000	1 956 000	2 439 000
Total Equity and Debt	171 000	710 000	762 000	1 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	488 000	408 000	195 000	584 000
Other Income	0	0	0	250 000
Revenue	488 000	408 000	195 000	834 000
Cost of Goods Sold	0	0	151 000	57 000
Salary Costs	0	0	0	64 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	67 000	72 000	208 000	314 000
Operating Profit	421 000	336 000	−13 000	521 000
Financial Income	0	0	0	−17 000
Financial Costs	0	0	0	6 000
Financial Balance	0	0	0	−23 000
Dividends	0	0	0	0
Net Income	421 000	336 000	−13 000	497 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	155 000	155 000	155 000	155 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	155 000	155 000	155 000	155 000
Total Fiancial Fixed Assets	16 000	0	0	0
Total Fixed Assets	171 000	155 000	155 000	155 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	253 000	305 000	269 000
Total Current Assets	0	555 000	607 000	1 250 000
Total Assets	171 000	710 000	762 000	1 405 000
Total Equity	−438 000	−859 000	−1 194 000	−1 181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	147 000
Creditors	0	187 000	178 000	617 000
Unpaid Taxes	0	7 000	7 000	7 000
Dividends	0	0	0	0
Other Current Debt	609 000	1 372 000	1 771 000	1 816 000
Total Current Debt	609 000	1 568 000	1 956 000	2 439 000
Total Equity and Debt	171 000	710 000	762 000	1 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−96,12 %	−39,12 %	1,09 %	−42,08 %
Debt-to-Equity Ratio	−0	−0	−0	−0,12
Operating Profit Margin	86,27 %	82,35 %	−6,67 %	62,47 %
Current Ratio	0	0,35	0,31	0,51
Quick Ratio	0	0,35	0,31	0,51
Equity Ratio	−2,56	−1,21	−1,57	−0,84
Gross Profit Margin	100 %	100 %	22,56 %	93,17 %