FREMSTEDAL TRANSPORT AS

6390 VESTNES

Finances

Share Ownership

Return on Equity

70,98 %

Current Ratio

1,94

Debt-to-Equity Ratio

3,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 915 000	1 447 000	1 498 000	1 544 000
Net Income	137 000	93 000	1 498 000	1 544 000
Total Assets	1 122 000	1 207 000	1 099 000	1 202 000
Total Equity	193 000	56 000	−37 000	−6 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 915 000	1 447 000	1 498 000	1 544 000
Expenditure	1 737 000	1 328 000	0	0
Operating Profit	178 000	119 000	1 498 000	1 544 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	176 000	119 000	1 498 000	1 544 000
Tax	39 000	26 000	0	0
Net Income	137 000	93 000	1 498 000	1 544 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	775 000	863 000	940 000	981 000
Total Current Assets	348 000	344 000	159 000	222 000
Total Assets	1 122 000	1 207 000	1 099 000	1 202 000
Total Retained Equity	−77 000	−214 000	−307 000	−276 000
Total Equity	193 000	56 000	−37 000	−6 000
Total Long-Term Debt	750 000	942 000	938 000	938 000
Total Current Debt	179 000	210 000	197 000	270 000
Total Equity and Debt	1 122 000	1 207 000	1 099 000	1 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 760 000	1 447 000	1 498 000	1 544 000
Other Income	155 000	0	0	0
Revenue	1 915 000	1 447 000	1 498 000	1 544 000
Cost of Goods Sold	30 000	3 000	0	0
Salary Costs	597 000	538 000	0	0
Depreciation	50 000	50 000	0	0
Impairment	0	0	0	0
Expenditure	1 737 000	1 328 000	0	0
Operating Profit	178 000	119 000	1 498 000	1 544 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	137 000	93 000	1 498 000	1 544 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	238 000	276 000	303 000	294 000
Real Eastate	537 000	587 000	637 000	687 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	537 000	587 000	637 000	687 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	775 000	863 000	940 000	981 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	233 000	176 000	39 000	72 000
Total Current Assets	348 000	344 000	159 000	222 000
Total Assets	1 122 000	1 207 000	1 099 000	1 202 000
Total Equity	193 000	56 000	−37 000	−6 000
Short-Term Group Debt	0	0	67 000	124 000
Total Long-Term Debt	750 000	942 000	938 000	938 000
Creditors	48 000	52 000	17 000	63 000
Unpaid Taxes	51 000	78 000	113 000	83 000
Dividends	0	0	0	0
Other Current Debt	81 000	79 000	0	0
Total Current Debt	179 000	210 000	197 000	270 000
Total Equity and Debt	1 122 000	1 207 000	1 099 000	1 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,98 %	166,07 %	−4 048,65 %	−25 733,33 %
Debt-to-Equity Ratio	3,89	16,82	−25,35	−156,33
Operating Profit Margin	9,3 %	8,22 %	100 %	100 %
Current Ratio	1,94	1,64	0,81	0,82
Quick Ratio	1,94	1,64	0,81	0,82
Equity Ratio	0,17	0,05	−0,03	−0
Gross Profit Margin	98,43 %	99,79 %	100 %	100 %