FANNREM MEGARDSVEGEN 1 AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−3,08 %

Current Ratio

0,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 006 000	1 957 000	1 928 000	1 241 000
Net Income	−219 000	−96 000	219 000	138 000
Total Assets	11 371 000	9 615 000	9 367 000	8 232 000
Total Equity	7 110 000	7 329 000	7 425 000	7 364 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 006 000	1 957 000	1 928 000	1 241 000
Expenditure	2 227 000	2 028 000	1 581 000	1 062 000
Operating Profit	−221 000	−71 000	347 000	179 000
Financial Income	0	0	0	0
Financial Costs	60 000	53 000	66 000	3 000
Financial Balance	−60 000	−53 000	−66 000	−3 000
Earnings Before Tax	−281 000	−123 000	281 000	177 000
Tax	−62 000	−27 000	62 000	39 000
Net Income	−219 000	−96 000	219 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 034 000	9 583 000	8 994 000	7 348 000
Total Current Assets	337 000	32 000	373 000	884 000
Total Assets	11 371 000	9 615 000	9 367 000	8 232 000
Total Retained Equity	792 000	1 012 000	1 108 000	1 047 000
Total Equity	7 110 000	7 329 000	7 425 000	7 364 000
Total Long-Term Debt	0	0	1 562 000	506 000
Total Current Debt	4 261 000	2 286 000	380 000	363 000
Total Equity and Debt	11 371 000	9 615 000	9 367 000	8 232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 006 000	1 957 000	1 928 000	1 241 000
Revenue	2 006 000	1 957 000	1 928 000	1 241 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	411 000	366 000	294 000	237 000
Impairment	0	0	0	0
Expenditure	2 227 000	2 028 000	1 581 000	1 062 000
Operating Profit	−221 000	−71 000	347 000	179 000
Financial Income	0	0	0	0
Financial Costs	60 000	53 000	66 000	3 000
Financial Balance	−60 000	−53 000	−66 000	−3 000
Dividends	0	0	0	0
Net Income	−219 000	−96 000	219 000	138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	339 000	277 000	250 000	268 000
Real Eastate	10 532 000	9 306 000	8 744 000	7 080 000
Machinery and Plant Facilities	163 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 695 000	9 306 000	8 744 000	7 080 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 034 000	9 583 000	8 994 000	7 348 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	28 000
Total Current Assets	337 000	32 000	373 000	884 000
Total Assets	11 371 000	9 615 000	9 367 000	8 232 000
Total Equity	7 110 000	7 329 000	7 425 000	7 364 000
Short-Term Group Debt	3 387 000	2 141 000	254 000	51 000
Total Long-Term Debt	0	0	1 562 000	506 000
Creditors	874 000	84 000	85 000	75 000
Unpaid Taxes	0	0	0	106 000
Dividends	0	0	0	0
Other Current Debt	0	61 000	40 000	107 000
Total Current Debt	4 261 000	2 286 000	380 000	363 000
Total Equity and Debt	11 371 000	9 615 000	9 367 000	8 232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,08 %	−1,31 %	2,95 %	1,87 %
Debt-to-Equity Ratio	0	0	0,21	0,07
Operating Profit Margin	−11,02 %	−3,63 %	18 %	14,42 %
Current Ratio	0,08	0,01	0,98	2,44
Quick Ratio	0,08	0,01	0,98	2,44
Equity Ratio	0,63	0,76	0,79	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %