FREMOVER AS

8514 NARVIK

Finances

Return on Equity

34,61 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 266 000	39 322 000	37 935 000	41 636 000
Net Income	1 695 000	2 935 000	2 773 000	3 001 000
Total Assets	12 439 000	14 133 000	13 849 000	14 063 000
Total Equity	4 898 000	4 222 000	3 733 000	3 199 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 266 000	39 322 000	37 935 000	41 636 000
Expenditure	34 217 000	35 572 000	34 435 000	37 919 000
Operating Profit	2 049 000	3 750 000	3 500 000	3 718 000
Financial Income	132 000	19 000	60 000	143 000
Financial Costs	2 000	0	1 000	1 000
Financial Balance	130 000	19 000	59 000	142 000
Earnings Before Tax	2 179 000	3 769 000	3 558 000	3 859 000
Tax	484 000	833 000	785 000	858 000
Net Income	1 695 000	2 935 000	2 773 000	3 001 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 988 000	840 000	987 000	933 000
Total Current Assets	10 451 000	13 293 000	12 862 000	13 130 000
Total Assets	12 439 000	14 133 000	13 849 000	14 063 000
Total Retained Equity	3 753 000	3 077 000	2 589 000	2 055 000
Total Equity	4 898 000	4 222 000	3 733 000	3 199 000
Total Long-Term Debt	0	0	379 000	664 000
Total Current Debt	7 542 000	9 911 000	9 737 000	10 199 000
Total Equity and Debt	12 439 000	14 133 000	13 849 000	14 063 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 793 000	38 962 000	37 596 000	40 858 000
Other Income	473 000	359 000	339 000	778 000
Revenue	36 266 000	39 322 000	37 935 000	41 636 000
Cost of Goods Sold	9 642 000	9 844 000	9 882 000	11 162 000
Salary Costs	14 924 000	16 667 000	15 555 000	16 693 000
Depreciation	349 000	240 000	140 000	122 000
Impairment	0	0	0	0
Expenditure	34 217 000	35 572 000	34 435 000	37 919 000
Operating Profit	2 049 000	3 750 000	3 500 000	3 718 000
Financial Income	132 000	19 000	60 000	143 000
Financial Costs	2 000	0	1 000	1 000
Financial Balance	130 000	19 000	59 000	142 000
Dividends	0	0	0	0
Net Income	1 695 000	2 935 000	2 773 000	3 001 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	119 000	326 000	479 000	642 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	21 000	33 000	45 000	57 000
Fixtures	1 024 000	393 000	463 000	234 000
Total Tangible Assets	1 045 000	426 000	507 000	290 000
Total Fiancial Fixed Assets	824 000	88 000	0	0
Total Fixed Assets	1 988 000	840 000	987 000	933 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	10 451 000	13 293 000	12 862 000	13 130 000
Total Assets	12 439 000	14 133 000	13 849 000	14 063 000
Total Equity	4 898 000	4 222 000	3 733 000	3 199 000
Short-Term Group Debt	1 838 000	3 824 000	3 439 000	3 852 000
Total Long-Term Debt	0	0	379 000	664 000
Creditors	553 000	661 000	799 000	737 000
Unpaid Taxes	636 000	731 000	698 000	1 010 000
Dividends	0	0	0	0
Other Current Debt	4 515 000	4 696 000	4 801 000	4 600 000
Total Current Debt	7 542 000	9 911 000	9 737 000	10 199 000
Total Equity and Debt	12 439 000	14 133 000	13 849 000	14 063 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,61 %	69,52 %	74,28 %	93,81 %
Debt-to-Equity Ratio	0	0	0,1	0,21
Operating Profit Margin	5,65 %	9,54 %	9,23 %	8,93 %
Current Ratio	1,39	1,34	1,32	1,29
Quick Ratio	1,39	1,34	1,32	1,29
Equity Ratio	0,39	0,3	0,27	0,23
Gross Profit Margin	73,41 %	74,97 %	73,95 %	73,19 %