FREMSTAD OG RØISE LANDBRUK AS

2846 BØVERBRU

Finances

Share Ownership

Return on Equity

37,82 %

Current Ratio

2,47

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	654 000	362 000	470 000	357 000
Net Income	239 000	43 000	101 000	66 000
Total Assets	1 348 000	969 000	1 314 000	1 291 000
Total Equity	632 000	393 000	350 000	248 000

Income (NOK)	2022	2021	2020	2019
Revenue	654 000	362 000	470 000	357 000
Expenditure	340 000	283 000	325 000	273 000
Operating Profit	314 000	78 000	145 000	84 000
Financial Income	0	0	1 000	1 000
Financial Costs	7 000	23 000	16 000	0
Financial Balance	−7 000	−23 000	−15 000	1 000
Earnings Before Tax	307 000	55 000	130 000	85 000
Tax	67 000	12 000	29 000	19 000
Net Income	239 000	43 000	101 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	587 000	743 000	749 000	891 000
Total Current Assets	761 000	226 000	565 000	400 000
Total Assets	1 348 000	969 000	1 314 000	1 291 000
Total Retained Equity	602 000	363 000	320 000	218 000
Total Equity	632 000	393 000	350 000	248 000
Total Long-Term Debt	408 000	416 000	723 000	862 000
Total Current Debt	308 000	160 000	241 000	181 000
Total Equity and Debt	1 348 000	969 000	1 314 000	1 291 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	586 000	362 000	393 000	202 000
Other Income	68 000	0	77 000	155 000
Revenue	654 000	362 000	470 000	357 000
Cost of Goods Sold	107 000	26 000	45 000	21 000
Salary Costs	0	0	0	0
Depreciation	156 000	143 000	142 000	126 000
Impairment	0	0	0	0
Expenditure	340 000	283 000	325 000	273 000
Operating Profit	314 000	78 000	145 000	84 000
Financial Income	0	0	1 000	1 000
Financial Costs	7 000	23 000	16 000	0
Financial Balance	−7 000	−23 000	−15 000	1 000
Dividends	0	0	0	0
Net Income	239 000	43 000	101 000	66 000

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	587 000	743 000	749 000	891 000
Total Tangible Assets	587 000	743 000	749 000	891 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	587 000	743 000	749 000	891 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	208 000	175 000	422 000	69 000
Total Current Assets	761 000	226 000	565 000	400 000
Total Assets	1 348 000	969 000	1 314 000	1 291 000
Total Equity	632 000	393 000	350 000	248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	408 000	416 000	723 000	862 000
Creditors	4 000	41 000	21 000	36 000
Unpaid Taxes	122 000	0	103 000	46 000
Dividends	0	0	0	0
Other Current Debt	100 000	100 000	100 000	100 000
Total Current Debt	308 000	160 000	241 000	181 000
Total Equity and Debt	1 348 000	969 000	1 314 000	1 291 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,82 %	10,94 %	28,86 %	26,61 %
Debt-to-Equity Ratio	0,65	1,06	2,07	3,48
Operating Profit Margin	48,01 %	21,55 %	30,85 %	23,53 %
Current Ratio	2,47	1,41	2,34	2,21
Quick Ratio	2,47	1,41	2,34	2,21
Equity Ratio	0,47	0,41	0,27	0,19
Gross Profit Margin	83,64 %	92,82 %	90,43 %	94,12 %