FREMSTAD INVEST AS

2827 HUNNDALEN

Finances

Return on Equity

519,64 %

Current Ratio

1,16

Debt-to-Equity Ratio

−325,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 413 000	2 308 000	2 365 000	1 931 000
Net Income	−291 000	326 000	388 000	171 000
Total Assets	18 630 000	20 313 000	22 124 000	21 723 000
Total Equity	−56 000	235 000	260 000	1 131 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 413 000	2 308 000	2 365 000	1 931 000
Expenditure	1 795 000	1 267 000	1 199 000	1 026 000
Operating Profit	617 000	1 041 000	1 166 000	905 000
Financial Income	5 000	5 000	4 000	6 000
Financial Costs	870 000	616 000	673 000	692 000
Financial Balance	−865 000	−611 000	−669 000	−686 000
Earnings Before Tax	−248 000	429 000	498 000	219 000
Tax	44 000	103 000	110 000	48 000
Net Income	−291 000	326 000	388 000	171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 120 000	17 616 000	17 854 000	17 905 000
Total Current Assets	510 000	2 697 000	4 271 000	3 818 000
Total Assets	18 630 000	20 313 000	22 124 000	21 723 000
Total Retained Equity	−256 000	35 000	60 000	931 000
Total Equity	−56 000	235 000	260 000	1 131 000
Total Long-Term Debt	18 245 000	19 186 000	20 252 000	19 726 000
Total Current Debt	441 000	892 000	1 612 000	866 000
Total Equity and Debt	18 630 000	20 313 000	22 124 000	21 723 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 413 000	2 308 000	2 365 000	1 931 000
Revenue	2 413 000	2 308 000	2 365 000	1 931 000
Cost of Goods Sold	0	0	0	0
Salary Costs	253 000	17 000	16 000	17 000
Depreciation	488 000	480 000	485 000	455 000
Impairment	0	0	0	0
Expenditure	1 795 000	1 267 000	1 199 000	1 026 000
Operating Profit	617 000	1 041 000	1 166 000	905 000
Financial Income	5 000	5 000	4 000	6 000
Financial Costs	870 000	616 000	673 000	692 000
Financial Balance	−865 000	−611 000	−669 000	−686 000
Dividends	0	0	900 000	0
Net Income	−291 000	326 000	388 000	171 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 665 000	14 842 000	14 891 000	14 707 000
Machinery and Plant Facilities	2 377 000	2 638 000	2 827 000	3 083 000
Fixtures	0	0	0	0
Total Tangible Assets	17 042 000	17 480 000	17 718 000	17 790 000
Total Fiancial Fixed Assets	1 078 000	136 000	136 000	115 000
Total Fixed Assets	18 120 000	17 616 000	17 854 000	17 905 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	123 000	1 203 000	813 000	160 000
Total Current Assets	510 000	2 697 000	4 271 000	3 818 000
Total Assets	18 630 000	20 313 000	22 124 000	21 723 000
Total Equity	−56 000	235 000	260 000	1 131 000
Short-Term Group Debt	117 000	450 000	461 000	0
Total Long-Term Debt	18 245 000	19 186 000	20 252 000	19 726 000
Creditors	34 000	253 000	20 000	106 000
Unpaid Taxes	90 000	51 000	80 000	35 000
Dividends	0	0	900 000	0
Other Current Debt	64 000	64 000	64 000	725 000
Total Current Debt	441 000	892 000	1 612 000	866 000
Total Equity and Debt	18 630 000	20 313 000	22 124 000	21 723 000

Financial indicators	2022	2021	2020	2019
Return on Equity	519,64 %	138,72 %	149,23 %	15,12 %
Debt-to-Equity Ratio	−325,8	81,64	77,89	17,44
Operating Profit Margin	25,57 %	45,1 %	49,3 %	46,87 %
Current Ratio	1,16	3,02	2,65	4,41
Quick Ratio	1,16	3,02	2,65	4,41
Equity Ratio	−0	0,01	0,01	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %