FREM SKOG AS

0578 OSLO

Finances

Share Ownership

Return on Equity

14,38 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 424 000	3 248 000	3 470 000	3 698 000
Net Income	111 000	18 000	244 000	374 000
Total Assets	1 531 000	1 556 000	1 391 000	1 331 000
Total Equity	772 000	661 000	643 000	399 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 424 000	3 248 000	3 470 000	3 698 000
Expenditure	5 275 000	3 210 000	3 151 000	3 216 000
Operating Profit	150 000	38 000	318 000	483 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	2 000	5 000
Financial Balance	1 000	0	−2 000	−5 000
Earnings Before Tax	151 000	38 000	316 000	478 000
Tax	40 000	20 000	72 000	104 000
Net Income	111 000	18 000	244 000	374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	90 000	130 000	177 000
Total Current Assets	1 398 000	1 465 000	1 261 000	1 153 000
Total Assets	1 531 000	1 556 000	1 391 000	1 331 000
Total Retained Equity	742 000	631 000	618 000	374 000
Total Equity	772 000	661 000	643 000	399 000
Total Long-Term Debt	0	0	0	5 000
Total Current Debt	759 000	895 000	748 000	927 000
Total Equity and Debt	1 531 000	1 556 000	1 391 000	1 331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 424 000	3 248 000	3 465 000	3 698 000
Other Income	0	0	5 000	0
Revenue	5 424 000	3 248 000	3 470 000	3 698 000
Cost of Goods Sold	−12 000	53 000	130 000	586 000
Salary Costs	4 296 000	2 278 000	2 290 000	2 171 000
Depreciation	71 000	91 000	80 000	36 000
Impairment	0	0	0	0
Expenditure	5 275 000	3 210 000	3 151 000	3 216 000
Operating Profit	150 000	38 000	318 000	483 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	2 000	5 000
Financial Balance	1 000	0	−2 000	−5 000
Dividends	0	0	0	0
Net Income	111 000	18 000	244 000	374 000

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	132 000	90 000	130 000	177 000
Total Tangible Assets	132 000	90 000	130 000	177 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	132 000	90 000	130 000	177 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 044 000	1 436 000	976 000	837 000
Total Current Assets	1 398 000	1 465 000	1 261 000	1 153 000
Total Assets	1 531 000	1 556 000	1 391 000	1 331 000
Total Equity	772 000	661 000	643 000	399 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 000
Creditors	46 000	297 000	115 000	125 000
Unpaid Taxes	587 000	347 000	322 000	413 000
Dividends	0	0	0	0
Other Current Debt	87 000	231 000	234 000	290 000
Total Current Debt	759 000	895 000	748 000	927 000
Total Equity and Debt	1 531 000	1 556 000	1 391 000	1 331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,38 %	2,72 %	37,95 %	93,73 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	2,77 %	1,17 %	9,16 %	13,06 %
Current Ratio	1,84	1,64	1,69	1,24
Quick Ratio	1,84	1,64	1,69	1,24
Equity Ratio	0,5	0,42	0,46	0,3
Gross Profit Margin	100,22 %	98,37 %	96,25 %	84,15 %