FREEMOUNTAIN NORWAY AS

0356 OSLO

Finances

Share Ownership

Return on Equity

5,77 %

Current Ratio

3,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	191 000	488 000	462 000	35 000
Net Income	3 000	8 000	10 000	0
Total Assets	72 000	92 000	129 000	39 000
Total Equity	52 000	48 000	40 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	191 000	488 000	462 000	35 000
Expenditure	184 000	478 000	450 000	2 000
Operating Profit	7 000	11 000	11 000	0
Financial Income	1 000	0	0	0
Financial Costs	4 000	0	0	0
Financial Balance	−3 000	0	0	0
Earnings Before Tax	4 000	11 000	11 000	0
Tax	1 000	2 000	1 000	0
Net Income	3 000	8 000	10 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	72 000	92 000	129 000	39 000
Total Assets	72 000	92 000	129 000	39 000
Total Retained Equity	22 000	18 000	10 000	0
Total Equity	52 000	48 000	40 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	21 000	43 000	89 000	9 000
Total Equity and Debt	72 000	92 000	129 000	39 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	191 000	488 000	462 000	35 000
Other Income	0	0	0	0
Revenue	191 000	488 000	462 000	35 000
Cost of Goods Sold	0	0	0	0
Salary Costs	137 000	434 000	422 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	184 000	478 000	450 000	2 000
Operating Profit	7 000	11 000	11 000	0
Financial Income	1 000	0	0	0
Financial Costs	4 000	0	0	0
Financial Balance	−3 000	0	0	0
Dividends	0	0	0	0
Net Income	3 000	8 000	10 000	0

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	61 000	30 000	118 000	39 000
Total Current Assets	72 000	92 000	129 000	39 000
Total Assets	72 000	92 000	129 000	39 000
Total Equity	52 000	48 000	40 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	20 000	40 000	88 000	9 000
Dividends	0	0	0	0
Other Current Debt	0	1 000	0	0
Total Current Debt	21 000	43 000	89 000	9 000
Total Equity and Debt	72 000	92 000	129 000	39 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,77 %	16,67 %	25 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,66 %	2,25 %	2,38 %	0 %
Current Ratio	3,43	2,14	1,45	4,33
Quick Ratio	3,43	2,14	1,45	4,33
Equity Ratio	0,72	0,52	0,31	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %