FREMST AS

3050 MJØNDALEN

Finances

Share Ownership

Return on Equity

28,19 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 825 000	11 225 000	7 544 000	1 292 000
Net Income	554 000	1 069 000	684 000	−237 000
Total Assets	5 519 000	5 331 000	4 193 000	1 994 000
Total Equity	1 965 000	1 611 000	542 000	−143 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 825 000	11 225 000	7 544 000	1 292 000
Expenditure	12 116 000	9 814 000	6 692 000	1 515 000
Operating Profit	708 000	1 411 000	852 000	−224 000
Financial Income	8 000	6 000	1 000	0
Financial Costs	5 000	46 000	43 000	14 000
Financial Balance	3 000	−40 000	−42 000	−14 000
Earnings Before Tax	711 000	1 371 000	810 000	−237 000
Tax	157 000	302 000	126 000	0
Net Income	554 000	1 069 000	684 000	−237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	339 000	484 000	491 000	546 000
Total Current Assets	5 181 000	4 847 000	3 702 000	1 447 000
Total Assets	5 519 000	5 331 000	4 193 000	1 994 000
Total Retained Equity	1 870 000	1 516 000	447 000	−237 000
Total Equity	1 965 000	1 611 000	542 000	−143 000
Total Long-Term Debt	15 000	623 000	1 525 000	1 500 000
Total Current Debt	3 540 000	3 098 000	2 126 000	636 000
Total Equity and Debt	5 519 000	5 331 000	4 193 000	1 994 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 806 000	11 225 000	7 544 000	1 292 000
Other Income	19 000	0	0	0
Revenue	12 825 000	11 225 000	7 544 000	1 292 000
Cost of Goods Sold	93 000	18 000	5 000	20 000
Salary Costs	9 824 000	7 973 000	5 340 000	989 000
Depreciation	157 000	155 000	131 000	58 000
Impairment	0	0	0	0
Expenditure	12 116 000	9 814 000	6 692 000	1 515 000
Operating Profit	708 000	1 411 000	852 000	−224 000
Financial Income	8 000	6 000	1 000	0
Financial Costs	5 000	46 000	43 000	14 000
Financial Balance	3 000	−40 000	−42 000	−14 000
Dividends	0	0	0	0
Net Income	554 000	1 069 000	684 000	−237 000

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	339 000	484 000	491 000	546 000
Total Tangible Assets	339 000	484 000	491 000	546 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	339 000	484 000	491 000	546 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 707 000	2 739 000	1 937 000	1 071 000
Total Current Assets	5 181 000	4 847 000	3 702 000	1 447 000
Total Assets	5 519 000	5 331 000	4 193 000	1 994 000
Total Equity	1 965 000	1 611 000	542 000	−143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000	623 000	1 525 000	1 500 000
Creditors	149 000	84 000	58 000	147 000
Unpaid Taxes	1 248 000	1 173 000	828 000	177 000
Dividends	0	0	0	0
Other Current Debt	1 978 000	1 537 000	1 139 000	312 000
Total Current Debt	3 540 000	3 098 000	2 126 000	636 000
Total Equity and Debt	5 519 000	5 331 000	4 193 000	1 994 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,19 %	66,36 %	126,2 %	165,73 %
Debt-to-Equity Ratio	0,01	0,39	2,81	−10,49
Operating Profit Margin	5,52 %	12,57 %	11,29 %	−17,34 %
Current Ratio	1,46	1,56	1,74	2,28
Quick Ratio	1,46	1,56	1,74	2,28
Equity Ratio	0,36	0,3	0,13	−0,07
Gross Profit Margin	99,27 %	99,84 %	99,93 %	98,45 %