FREMME AS

6011 ÅLESUND

Finances

Share Ownership

Return on Equity

25,16 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	145 995 000	163 032 000	105 825 000	117 011 000
Net Income	2 561 000	4 852 000	1 613 000	716 000
Total Assets	25 209 000	22 662 000	17 639 000	18 657 000
Total Equity	10 179 000	8 218 000	4 366 000	3 253 000

Income (NOK)	2022	2021	2020	2019
Revenue	145 995 000	163 032 000	105 825 000	117 011 000
Expenditure	142 301 000	156 231 000	103 405 000	115 617 000
Operating Profit	3 694 000	6 801 000	2 419 000	1 394 000
Financial Income	10 000	6 000	6 000	11 000
Financial Costs	420 000	582 000	356 000	427 000
Financial Balance	−410 000	−576 000	−350 000	−416 000
Earnings Before Tax	3 284 000	6 224 000	2 069 000	978 000
Tax	723 000	1 372 000	456 000	262 000
Net Income	2 561 000	4 852 000	1 613 000	716 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 100 000	1 144 000	1 076 000	1 048 000
Total Current Assets	24 109 000	21 517 000	16 562 000	17 609 000
Total Assets	25 209 000	22 662 000	17 639 000	18 657 000
Total Retained Equity	9 879 000	7 918 000	4 066 000	2 953 000
Total Equity	10 179 000	8 218 000	4 366 000	3 253 000
Total Long-Term Debt	1 930 000	4 272 000	3 335 000	4 888 000
Total Current Debt	13 100 000	10 172 000	9 938 000	10 516 000
Total Equity and Debt	25 209 000	22 662 000	17 639 000	18 657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	145 073 000	161 898 000	102 888 000	115 025 000
Other Income	922 000	1 134 000	2 938 000	1 986 000
Revenue	145 995 000	163 032 000	105 825 000	117 011 000
Cost of Goods Sold	121 731 000	136 626 000	86 109 000	98 852 000
Salary Costs	10 231 000	10 121 000	9 114 000	8 729 000
Depreciation	217 000	308 000	327 000	321 000
Impairment	0	0	0	0
Expenditure	142 301 000	156 231 000	103 405 000	115 617 000
Operating Profit	3 694 000	6 801 000	2 419 000	1 394 000
Financial Income	10 000	6 000	6 000	11 000
Financial Costs	420 000	582 000	356 000	427 000
Financial Balance	−410 000	−576 000	−350 000	−416 000
Dividends	0	0	0	0
Net Income	2 561 000	4 852 000	1 613 000	716 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	196 000	212 000	144 000	125 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	605 000	665 000	686 000	686 000
Total Tangible Assets	605 000	665 000	686 000	686 000
Total Fiancial Fixed Assets	299 000	268 000	246 000	237 000
Total Fixed Assets	1 100 000	1 144 000	1 076 000	1 048 000
Stock	17 622 000	14 675 000	11 191 000	11 150 000
Total Investments	0	0	0	0
Cash, Bank	549 000	3 811 000	1 886 000	1 227 000
Total Current Assets	24 109 000	21 517 000	16 562 000	17 609 000
Total Assets	25 209 000	22 662 000	17 639 000	18 657 000
Total Equity	10 179 000	8 218 000	4 366 000	3 253 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 930 000	4 272 000	3 335 000	4 888 000
Creditors	7 026 000	5 498 000	6 334 000	4 411 000
Unpaid Taxes	1 052 000	1 014 000	649 000	1 434 000
Dividends	0	0	0	0
Other Current Debt	2 546 000	2 219 000	2 479 000	4 567 000
Total Current Debt	13 100 000	10 172 000	9 938 000	10 516 000
Total Equity and Debt	25 209 000	22 662 000	17 639 000	18 657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,16 %	59,04 %	36,94 %	22,01 %
Debt-to-Equity Ratio	0,19	0,52	0,76	1,5
Operating Profit Margin	2,53 %	4,17 %	2,29 %	1,19 %
Current Ratio	1,84	2,12	1,67	1,67
Quick Ratio	−5,33	−4,78	−13,22	−27,77
Equity Ratio	0,4	0,36	0,25	0,17
Gross Profit Margin	16,62 %	16,2 %	18,63 %	15,52 %