FREMSTAD AS

1542 VESTBY

Finances

Share Ownership

Return on Equity

1,82 %

Current Ratio

0,59

Debt-to-Equity Ratio

4,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	451 000	423 000	414 000	409 000
Net Income	17 000	152 000	91 000	114 000
Total Assets	5 581 000	5 850 000	5 837 000	5 954 000
Total Equity	934 000	960 000	986 000	1 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	451 000	423 000	414 000	409 000
Expenditure	288 000	130 000	173 000	108 000
Operating Profit	162 000	293 000	241 000	301 000
Financial Income	2 000	1 000	3 000	5 000
Financial Costs	142 000	100 000	126 000	161 000
Financial Balance	−140 000	−99 000	−123 000	−156 000
Earnings Before Tax	22 000	195 000	117 000	146 000
Tax	5 000	43 000	26 000	32 000
Net Income	17 000	152 000	91 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 301 000	5 535 000	5 577 000	5 619 000
Total Current Assets	281 000	315 000	260 000	335 000
Total Assets	5 581 000	5 850 000	5 837 000	5 954 000
Total Retained Equity	164 000	190 000	216 000	333 000
Total Equity	934 000	960 000	986 000	1 103 000
Total Long-Term Debt	4 172 000	4 364 000	4 555 000	4 746 000
Total Current Debt	475 000	527 000	296 000	105 000
Total Equity and Debt	5 581 000	5 850 000	5 837 000	5 954 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 000	0	0
Other Income	451 000	422 000	414 000	409 000
Revenue	451 000	423 000	414 000	409 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	42 000	42 000	42 000	7 000
Impairment	0	0	0	0
Expenditure	288 000	130 000	173 000	108 000
Operating Profit	162 000	293 000	241 000	301 000
Financial Income	2 000	1 000	3 000	5 000
Financial Costs	142 000	100 000	126 000	161 000
Financial Balance	−140 000	−99 000	−123 000	−156 000
Dividends	0	0	0	0
Net Income	17 000	152 000	91 000	114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 849 000	1 891 000	1 933 000	1 975 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 849 000	1 891 000	1 933 000	1 975 000
Total Fiancial Fixed Assets	3 452 000	3 644 000	3 644 000	3 644 000
Total Fixed Assets	5 301 000	5 535 000	5 577 000	5 619 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	263 000	302 000	254 000	339 000
Total Current Assets	281 000	315 000	260 000	335 000
Total Assets	5 581 000	5 850 000	5 837 000	5 954 000
Total Equity	934 000	960 000	986 000	1 103 000
Short-Term Group Debt	358 000	495 000	267 000	25 000
Total Long-Term Debt	4 172 000	4 364 000	4 555 000	4 746 000
Creditors	31 000	4 000	3 000	25 000
Unpaid Taxes	5 000	3 000	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	81 000	25 000	24 000	27 000
Total Current Debt	475 000	527 000	296 000	105 000
Total Equity and Debt	5 581 000	5 850 000	5 837 000	5 954 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,82 %	15,83 %	9,23 %	10,34 %
Debt-to-Equity Ratio	4,47	4,55	4,62	4,3
Operating Profit Margin	35,92 %	69,27 %	58,21 %	73,59 %
Current Ratio	0,59	0,6	0,88	3,19
Quick Ratio	0,59	0,6	0,88	3,19
Equity Ratio	0,17	0,16	0,17	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %