FREWI SMC AS

9381 TORSKEN

Finances

Share Ownership

Return on Equity

138,2 %

Current Ratio

3,84

Debt-to-Equity Ratio

−29,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	556 000	827 000	757 000	414 000
Net Income	−919 000	198 000	−89 000	98 000
Total Assets	20 240 000	13 097 000	4 685 000	1 130 000
Total Equity	−665 000	254 000	154 000	243 000

Income (NOK)	2022	2021	2020	2019
Revenue	556 000	827 000	757 000	414 000
Expenditure	1 345 000	455 000	819 000	306 000
Operating Profit	−790 000	372 000	−62 000	108 000
Financial Income	0	1 000	1 000	0
Financial Costs	133 000	143 000	29 000	0
Financial Balance	−133 000	−142 000	−28 000	0
Earnings Before Tax	−923 000	230 000	−90 000	109 000
Tax	−4 000	32 000	−1 000	11 000
Net Income	−919 000	198 000	−89 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 983 000	12 184 000	2 796 000	227 000
Total Current Assets	4 257 000	913 000	1 890 000	903 000
Total Assets	20 240 000	13 097 000	4 685 000	1 130 000
Total Retained Equity	−707 000	212 000	112 000	201 000
Total Equity	−665 000	254 000	154 000	243 000
Total Long-Term Debt	19 797 000	11 767 000	2 527 000	501 000
Total Current Debt	1 108 000	1 077 000	2 005 000	386 000
Total Equity and Debt	20 240 000	13 097 000	4 685 000	1 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	510 000	729 000	414 000
Other Income	556 000	317 000	28 000	0
Revenue	556 000	827 000	757 000	414 000
Cost of Goods Sold	4 000	0	0	0
Salary Costs	0	73 000	0	0
Depreciation	246 000	2 000	2 000	0
Impairment	0	0	0	0
Expenditure	1 345 000	455 000	819 000	306 000
Operating Profit	−790 000	372 000	−62 000	108 000
Financial Income	0	1 000	1 000	0
Financial Costs	133 000	143 000	29 000	0
Financial Balance	−133 000	−142 000	−28 000	0
Dividends	0	0	0	0
Net Income	−919 000	198 000	−89 000	98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 430 000	11 909 000	2 694 000	203 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	552 000	276 000	102 000	24 000
Total Tangible Assets	15 983 000	12 184 000	2 796 000	227 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 983 000	12 184 000	2 796 000	227 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 646 000	437 000	571 000	779 000
Total Current Assets	4 257 000	913 000	1 890 000	903 000
Total Assets	20 240 000	13 097 000	4 685 000	1 130 000
Total Equity	−665 000	254 000	154 000	243 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 797 000	11 767 000	2 527 000	501 000
Creditors	939 000	1 357 000	859 000	273 000
Unpaid Taxes	5 000	−618 000	0	0
Dividends	0	0	0	0
Other Current Debt	163 000	338 000	1 161 000	103 000
Total Current Debt	1 108 000	1 077 000	2 005 000	386 000
Total Equity and Debt	20 240 000	13 097 000	4 685 000	1 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	138,2 %	77,95 %	−57,79 %	40,33 %
Debt-to-Equity Ratio	−29,77	46,33	16,41	2,06
Operating Profit Margin	−142,09 %	44,98 %	−8,19 %	26,09 %
Current Ratio	3,84	0,85	0,94	2,34
Quick Ratio	3,84	0,85	0,94	2,34
Equity Ratio	−0,03	0,02	0,03	0,22
Gross Profit Margin	99,28 %	100 %	100 %	100 %