FREMAT AS

2743 HARESTUA

Finances

Return on Equity

−33,57 %

Current Ratio

2,48

Debt-to-Equity Ratio

2,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 459 000	85 174 000	76 028 000	15 146 000
Net Income	−2 927 000	−2 332 000	−2 402 000	203 000
Total Assets	37 320 000	37 760 000	37 892 000	26 415 000
Total Equity	8 718 000	11 646 000	13 977 000	16 107 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 459 000	85 174 000	76 028 000	15 146 000
Expenditure	87 054 000	86 920 000	78 394 000	14 669 000
Operating Profit	−2 594 000	−1 746 000	−2 367 000	477 000
Financial Income	120 000	53 000	42 000	93 000
Financial Costs	891 000	723 000	772 000	310 000
Financial Balance	−771 000	−670 000	−730 000	−217 000
Earnings Before Tax	−3 366 000	−2 416 000	−3 097 000	260 000
Tax	−439 000	−85 000	−695 000	57 000
Net Income	−2 927 000	−2 332 000	−2 402 000	203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 461 000	16 431 000	18 536 000	22 666 000
Total Current Assets	22 859 000	21 329 000	19 356 000	3 750 000
Total Assets	37 320 000	37 760 000	37 892 000	26 415 000
Total Retained Equity	7 718 000	10 646 000	12 977 000	15 107 000
Total Equity	8 718 000	11 646 000	13 977 000	16 107 000
Total Long-Term Debt	19 382 000	18 314 000	19 585 000	8 573 000
Total Current Debt	9 219 000	7 801 000	4 329 000	1 735 000
Total Equity and Debt	37 320 000	37 760 000	37 892 000	26 415 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	81 397 000	83 963 000	75 222 000	13 950 000
Other Income	3 062 000	1 211 000	806 000	1 197 000
Revenue	84 459 000	85 174 000	76 028 000	15 146 000
Cost of Goods Sold	57 361 000	60 114 000	51 548 000	1 908 000
Salary Costs	16 609 000	15 186 000	13 763 000	5 768 000
Depreciation	2 021 000	2 665 000	3 113 000	2 823 000
Impairment	0	0	0	0
Expenditure	87 054 000	86 920 000	78 394 000	14 669 000
Operating Profit	−2 594 000	−1 746 000	−2 367 000	477 000
Financial Income	120 000	53 000	42 000	93 000
Financial Costs	891 000	723 000	772 000	310 000
Financial Balance	−771 000	−670 000	−730 000	−217 000
Dividends	0	0	0	0
Net Income	−2 927 000	−2 332 000	−2 402 000	203 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	794 000	355 000	270 000	0
Real Eastate	10 900 000	11 514 000	12 105 000	12 714 000
Machinery and Plant Facilities	2 172 000	3 216 000	4 629 000	7 131 000
Fixtures	329 000	512 000	668 000	107 000
Total Tangible Assets	13 401 000	15 242 000	17 403 000	19 952 000
Total Fiancial Fixed Assets	266 000	835 000	863 000	2 714 000
Total Fixed Assets	14 461 000	16 431 000	18 536 000	22 666 000
Stock	13 517 000	28 702 000	14 684 000	0
Total Investments	0	0	0	0
Cash, Bank	2 852 000	2 661 000	1 952 000	1 922 000
Total Current Assets	22 859 000	21 329 000	19 356 000	3 750 000
Total Assets	37 320 000	37 760 000	37 892 000	26 415 000
Total Equity	8 718 000	11 646 000	13 977 000	16 107 000
Short-Term Group Debt	0	0	0	940 000
Total Long-Term Debt	19 382 000	18 314 000	19 585 000	8 573 000
Creditors	4 172 000	2 981 000	880 000	152 000
Unpaid Taxes	1 657 000	1 802 000	1 727 000	65 000
Dividends	0	0	0	0
Other Current Debt	2 323 000	1 637 000	1 424 000	578 000
Total Current Debt	9 219 000	7 801 000	4 329 000	1 735 000
Total Equity and Debt	37 320 000	37 760 000	37 892 000	26 415 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,57 %	−20,02 %	−17,19 %	1,26 %
Debt-to-Equity Ratio	2,22	1,57	1,4	0,53
Operating Profit Margin	−3,07 %	−2,05 %	−3,11 %	3,15 %
Current Ratio	2,48	2,73	4,47	2,16
Quick Ratio	−5,32	−1,02	−1,87	2,16
Equity Ratio	0,23	0,31	0,37	0,61
Gross Profit Margin	32,08 %	29,42 %	32,2 %	87,4 %