FANNREM EIENDOM AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

20,93 %

Current Ratio

4,8

Debt-to-Equity Ratio

6,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 008 000	3 696 000	3 770 000	3 456 000
Net Income	1 065 000	1 522 000	1 569 000	965 000
Total Assets	40 227 000	37 588 000	35 329 000	32 599 000
Total Equity	5 088 000	5 223 000	5 342 000	5 342 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 008 000	3 696 000	3 770 000	3 456 000
Expenditure	1 568 000	1 182 000	1 211 000	1 339 000
Operating Profit	2 440 000	2 514 000	2 558 000	2 117 000
Financial Income	154 000	39 000	44 000	82 000
Financial Costs	1 229 000	602 000	591 000	962 000
Financial Balance	−1 075 000	−563 000	−547 000	−880 000
Earnings Before Tax	1 365 000	1 951 000	2 011 000	1 237 000
Tax	300 000	429 000	443 000	272 000
Net Income	1 065 000	1 522 000	1 569 000	965 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 689 000	32 778 000	29 954 000	30 758 000
Total Current Assets	7 539 000	4 810 000	5 375 000	1 841 000
Total Assets	40 227 000	37 588 000	35 329 000	32 599 000
Total Retained Equity	0	0	−100 000	0
Total Equity	5 088 000	5 223 000	5 342 000	5 342 000
Total Long-Term Debt	33 570 000	30 229 000	27 622 000	25 817 000
Total Current Debt	1 569 000	2 136 000	2 365 000	1 439 000
Total Equity and Debt	40 227 000	37 588 000	35 329 000	32 599 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 008 000	3 696 000	3 770 000	3 456 000
Revenue	4 008 000	3 696 000	3 770 000	3 456 000
Cost of Goods Sold	0	−6 000	0	0
Salary Costs	0	0	0	0
Depreciation	925 000	805 000	804 000	804 000
Impairment	0	0	0	0
Expenditure	1 568 000	1 182 000	1 211 000	1 339 000
Operating Profit	2 440 000	2 514 000	2 558 000	2 117 000
Financial Income	154 000	39 000	44 000	82 000
Financial Costs	1 229 000	602 000	591 000	962 000
Financial Balance	−1 075 000	−563 000	−547 000	−880 000
Dividends	0	0	0	0
Net Income	1 065 000	1 522 000	1 569 000	965 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	45 000	0	0	0
Real Eastate	32 643 000	32 775 000	29 944 000	30 741 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	10 000	17 000
Total Tangible Assets	32 643 000	32 778 000	29 954 000	30 758 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 689 000	32 778 000	29 954 000	30 758 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	4 446 000	4 934 000	1 841 000
Total Current Assets	7 539 000	4 810 000	5 375 000	1 841 000
Total Assets	40 227 000	37 588 000	35 329 000	32 599 000
Total Equity	5 088 000	5 223 000	5 342 000	5 342 000
Short-Term Group Debt	1 563 000	0	0	0
Total Long-Term Debt	33 570 000	30 229 000	27 622 000	25 817 000
Creditors	5 000	25 000	0	48 000
Unpaid Taxes	1 000	0	140 000	135 000
Dividends	0	0	0	0
Other Current Debt	0	2 111 000	2 224 000	1 256 000
Total Current Debt	1 569 000	2 136 000	2 365 000	1 439 000
Total Equity and Debt	40 227 000	37 588 000	35 329 000	32 599 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,93 %	29,14 %	29,37 %	18,06 %
Debt-to-Equity Ratio	6,6	5,79	5,17	4,83
Operating Profit Margin	60,88 %	68,02 %	67,85 %	61,26 %
Current Ratio	4,8	2,25	2,27	1,28
Quick Ratio	4,8	2,25	2,27	1,28
Equity Ratio	0,13	0,14	0,15	0,16
Gross Profit Margin	100 %	100,16 %	100 %	100 %