FREM UTVIKLING AS

0352 OSLO

Finances

Share Ownership

Return on Equity

333,33 %

Current Ratio

3,69

Debt-to-Equity Ratio

121,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 000	200 000	175 000	0
Net Income	100 000	105 000	109 000	−4 000
Total Assets	3 815 000	3 591 000	3 392 000	15 000
Total Equity	30 000	30 000	30 000	−67 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 000	200 000	175 000	0
Expenditure	70 000	65 000	63 000	4 000
Operating Profit	130 000	135 000	112 000	−4 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	128 000	135 000	112 000	−4 000
Tax	28 000	30 000	3 000	0
Net Income	100 000	105 000	109 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 287 000	3 287 000	3 287 000	0
Total Current Assets	528 000	304 000	105 000	15 000
Total Assets	3 815 000	3 591 000	3 392 000	15 000
Total Retained Equity	6 000	6 000	6 000	−91 000
Total Equity	30 000	30 000	30 000	−67 000
Total Long-Term Debt	3 641 000	3 416 000	3 345 000	71 000
Total Current Debt	143 000	144 000	17 000	11 000
Total Equity and Debt	3 815 000	3 591 000	3 392 000	15 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	200 000	200 000	175 000	0
Revenue	200 000	200 000	175 000	0
Cost of Goods Sold	64 000	59 000	58 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	70 000	65 000	63 000	4 000
Operating Profit	130 000	135 000	112 000	−4 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	100 000	105 000	109 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 287 000	3 287 000	3 287 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 287 000	3 287 000	3 287 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 287 000	3 287 000	3 287 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	0	1 000	15 000
Total Current Assets	528 000	304 000	105 000	15 000
Total Assets	3 815 000	3 591 000	3 392 000	15 000
Total Equity	30 000	30 000	30 000	−67 000
Short-Term Group Debt	128 000	135 000	15 000	10 000
Total Long-Term Debt	3 641 000	3 416 000	3 345 000	71 000
Creditors	14 000	8 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	1 000
Total Current Debt	143 000	144 000	17 000	11 000
Total Equity and Debt	3 815 000	3 591 000	3 392 000	15 000

Financial indicators	2022	2021	2020	2019
Return on Equity	333,33 %	350 %	363,33 %	5,97 %
Debt-to-Equity Ratio	121,37	113,87	111,5	−1,06
Operating Profit Margin	65 %	67,5 %	64 %	-
Current Ratio	3,69	2,11	6,18	1,36
Quick Ratio	3,69	2,11	6,18	1,36
Equity Ratio	0,01	0,01	0,01	−4,47
Gross Profit Margin	68 %	70,5 %	66,86 %	-