FREMAD EIENDOM AS

2312 OTTESTAD

Finances

Share Ownership

Return on Equity

8,99 %

Current Ratio

1,02

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 829 000	3 350 000	160 000	14 896 000
Net Income	202 000	−97 000	−742 000	1 661 000
Total Assets	9 102 000	10 648 000	10 532 000	6 418 000
Total Equity	2 248 000	2 045 000	2 143 000	2 885 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 829 000	3 350 000	160 000	14 896 000
Expenditure	5 006 000	3 161 000	887 000	12 605 000
Operating Profit	823 000	189 000	−727 000	2 291 000
Financial Income	6 000	6 000	7 000	4 000
Financial Costs	595 000	293 000	230 000	119 000
Financial Balance	−589 000	−287 000	−223 000	−115 000
Earnings Before Tax	234 000	−97 000	−950 000	2 176 000
Tax	32 000	0	−208 000	515 000
Net Income	202 000	−97 000	−742 000	1 661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 383 000	7 137 000	7 537 000	4 306 000
Total Current Assets	3 719 000	3 511 000	2 995 000	2 112 000
Total Assets	9 102 000	10 648 000	10 532 000	6 418 000
Total Retained Equity	2 218 000	2 015 000	2 113 000	2 855 000
Total Equity	2 248 000	2 045 000	2 143 000	2 885 000
Total Long-Term Debt	3 223 000	5 222 000	5 256 000	2 514 000
Total Current Debt	3 631 000	3 380 000	3 133 000	1 020 000
Total Equity and Debt	9 102 000	10 648 000	10 532 000	6 418 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 613 000	3 075 000	9 000	14 896 000
Other Income	216 000	275 000	151 000	0
Revenue	5 829 000	3 350 000	160 000	14 896 000
Cost of Goods Sold	4 566 000	2 677 000	0	11 615 000
Salary Costs	0	0	124 000	114 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 006 000	3 161 000	887 000	12 605 000
Operating Profit	823 000	189 000	−727 000	2 291 000
Financial Income	6 000	6 000	7 000	4 000
Financial Costs	595 000	293 000	230 000	119 000
Financial Balance	−589 000	−287 000	−223 000	−115 000
Dividends	0	0	0	0
Net Income	202 000	−97 000	−742 000	1 661 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 383 000	7 137 000	7 537 000	4 306 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 383 000	7 137 000	7 537 000	4 306 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 383 000	7 137 000	7 537 000	4 306 000
Stock	3 638 000	3 450 000	2 660 000	1 374 000
Total Investments	0	0	0	0
Cash, Bank	81 000	61 000	78 000	310 000
Total Current Assets	3 719 000	3 511 000	2 995 000	2 112 000
Total Assets	9 102 000	10 648 000	10 532 000	6 418 000
Total Equity	2 248 000	2 045 000	2 143 000	2 885 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 223 000	5 222 000	5 256 000	2 514 000
Creditors	316 000	9 000	258 000	123 000
Unpaid Taxes	2 000	2 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	774 000	1 190 000	1 387 000	382 000
Total Current Debt	3 631 000	3 380 000	3 133 000	1 020 000
Total Equity and Debt	9 102 000	10 648 000	10 532 000	6 418 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,99 %	−4,74 %	−34,62 %	57,57 %
Debt-to-Equity Ratio	1,43	2,55	2,45	0,87
Operating Profit Margin	14,12 %	5,64 %	−454,38 %	15,38 %
Current Ratio	1,02	1,04	0,96	2,07
Quick Ratio	−531,29	−50,16	6,33	−5,97
Equity Ratio	0,25	0,19	0,2	0,45
Gross Profit Margin	21,67 %	20,09 %	100 %	22,03 %