FREMSTAD AS

7140 OPPHAUG

Finances

Return on Equity

7,03 %

Current Ratio

3,47

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 102 000	6 419 000	6 489 000	14 645 000
Net Income	409 000	318 000	358 000	1 687 000
Total Assets	7 859 000	7 343 000	9 501 000	8 263 000
Total Equity	5 819 000	5 411 000	5 092 000	4 734 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 102 000	6 419 000	6 489 000	14 645 000
Expenditure	6 582 000	6 012 000	6 034 000	12 550 000
Operating Profit	521 000	408 000	456 000	2 094 000
Financial Income	3 000	3 000	7 000	12 000
Financial Costs	1 000	3 000	4 000	8 000
Financial Balance	2 000	0	3 000	4 000
Earnings Before Tax	524 000	408 000	459 000	2 098 000
Tax	115 000	90 000	101 000	411 000
Net Income	409 000	318 000	358 000	1 687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 025 000	5 318 000	4 051 000	3 061 000
Total Current Assets	2 834 000	2 025 000	5 450 000	5 202 000
Total Assets	7 859 000	7 343 000	9 501 000	8 263 000
Total Retained Equity	5 719 000	5 311 000	4 992 000	4 634 000
Total Equity	5 819 000	5 411 000	5 092 000	4 734 000
Total Long-Term Debt	1 223 000	1 236 000	2 053 000	910 000
Total Current Debt	817 000	696 000	2 356 000	2 619 000
Total Equity and Debt	7 859 000	7 343 000	9 501 000	8 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 703 000	6 308 000	6 245 000	13 096 000
Other Income	400 000	111 000	244 000	1 549 000
Revenue	7 102 000	6 419 000	6 489 000	14 645 000
Cost of Goods Sold	1 483 000	542 000	1 379 000	5 788 000
Salary Costs	1 748 000	2 200 000	1 594 000	2 679 000
Depreciation	660 000	622 000	511 000	390 000
Impairment	0	0	0	0
Expenditure	6 582 000	6 012 000	6 034 000	12 550 000
Operating Profit	521 000	408 000	456 000	2 094 000
Financial Income	3 000	3 000	7 000	12 000
Financial Costs	1 000	3 000	4 000	8 000
Financial Balance	2 000	0	3 000	4 000
Dividends	0	0	1 500 000	1 500 000
Net Income	409 000	318 000	358 000	1 687 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 001 000	2 066 000	2 100 000	951 000
Machinery and Plant Facilities	895 000	1 194 000	921 000	877 000
Fixtures	381 000	477 000	689 000	901 000
Total Tangible Assets	3 278 000	3 737 000	3 710 000	2 728 000
Total Fiancial Fixed Assets	1 747 000	1 581 000	341 000	333 000
Total Fixed Assets	5 025 000	5 318 000	4 051 000	3 061 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 231 000	719 000	2 549 000	3 220 000
Total Current Assets	2 834 000	2 025 000	5 450 000	5 202 000
Total Assets	7 859 000	7 343 000	9 501 000	8 263 000
Total Equity	5 819 000	5 411 000	5 092 000	4 734 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 223 000	1 236 000	2 053 000	910 000
Creditors	277 000	115 000	230 000	467 000
Unpaid Taxes	110 000	252 000	200 000	164 000
Dividends	0	0	1 500 000	1 500 000
Other Current Debt	291 000	191 000	218 000	408 000
Total Current Debt	817 000	696 000	2 356 000	2 619 000
Total Equity and Debt	7 859 000	7 343 000	9 501 000	8 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,03 %	5,88 %	7,03 %	35,64 %
Debt-to-Equity Ratio	0,21	0,23	0,4	0,19
Operating Profit Margin	7,34 %	6,36 %	7,03 %	14,3 %
Current Ratio	3,47	2,91	2,31	1,99
Quick Ratio	3,47	2,91	2,31	1,99
Equity Ratio	0,74	0,74	0,54	0,57
Gross Profit Margin	79,12 %	91,56 %	78,75 %	60,48 %