FREMAD INVEST AS

4032 STAVANGER

Finances

Return on Equity

73,84 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 191 000	961 000	12 000	586 000
Total Assets	2 680 000	2 175 000	1 682 000	1 868 000
Total Equity	1 613 000	1 422 000	1 664 000	1 857 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	24 000	39 000	9 000	22 000
Operating Profit	−24 000	−39 000	−9 000	−22 000
Financial Income	1 228 000	1 012 000	157 000	608 000
Financial Costs	13 000	16 000	136 000	0
Financial Balance	1 215 000	996 000	21 000	608 000
Earnings Before Tax	1 191 000	957 000	12 000	586 000
Tax	0	−3 000	0	0
Net Income	1 191 000	961 000	12 000	586 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	990 000	990 000	890 000	890 000
Total Current Assets	1 690 000	1 185 000	792 000	978 000
Total Assets	2 680 000	2 175 000	1 682 000	1 868 000
Total Retained Equity	1 573 000	1 382 000	1 624 000	1 817 000
Total Equity	1 613 000	1 422 000	1 664 000	1 857 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 067 000	753 000	18 000	11 000
Total Equity and Debt	2 680 000	2 175 000	1 682 000	1 868 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	24 000	39 000	9 000	22 000
Operating Profit	−24 000	−39 000	−9 000	−22 000
Financial Income	1 228 000	1 012 000	157 000	608 000
Financial Costs	13 000	16 000	136 000	0
Financial Balance	1 215 000	996 000	21 000	608 000
Dividends	1 000 000	1 203 000	205 000	240 000
Net Income	1 191 000	961 000	12 000	586 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	990 000	990 000	890 000	890 000
Total Fixed Assets	990 000	990 000	890 000	890 000
Stock	0	0	0	0
Total Investments	320 000	230 000	346 000	431 000
Cash, Bank	269 000	5 000	6 000	7 000
Total Current Assets	1 690 000	1 185 000	792 000	978 000
Total Assets	2 680 000	2 175 000	1 682 000	1 868 000
Total Equity	1 613 000	1 422 000	1 664 000	1 857 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	1 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	1 000 000	1 203 000	205 000	240 000
Other Current Debt	67 000	750 000	16 000	7 000
Total Current Debt	1 067 000	753 000	18 000	11 000
Total Equity and Debt	2 680 000	2 175 000	1 682 000	1 868 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,84 %	67,58 %	0,72 %	31,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,58	1,57	44	88,91
Quick Ratio	1,58	1,57	44	88,91
Equity Ratio	0,6	0,65	0,99	0,99
Gross Profit Margin	-	-	-	-