FREMAG INVEST & CONSULTING AS

3264 LARVIK

Finances

Return on Equity

−12,73 %

Current Ratio

16,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 000	18 000	15 000	15 000
Net Income	−450 000	62 000	−2 702 000	44 000
Total Assets	3 625 000	3 994 000	3 922 000	9 159 000
Total Equity	3 534 000	3 984 000	3 922 000	6 624 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 000	18 000	15 000	15 000
Expenditure	239 000	108 000	111 000	10 000
Operating Profit	−166 000	−90 000	−96 000	5 000
Financial Income	2 000	334 000	110 000	383 000
Financial Costs	286 000	182 000	2 707 000	342 000
Financial Balance	−284 000	152 000	−2 597 000	41 000
Earnings Before Tax	−450 000	62 000	−2 692 000	46 000
Tax	0	0	10 000	1 000
Net Income	−450 000	62 000	−2 702 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 102 000	1 200 000	0	9 060 000
Total Current Assets	1 524 000	2 794 000	3 922 000	99 000
Total Assets	3 625 000	3 994 000	3 922 000	9 159 000
Total Retained Equity	3 434 000	3 884 000	3 822 000	6 524 000
Total Equity	3 534 000	3 984 000	3 922 000	6 624 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	92 000	10 000	0	2 535 000
Total Equity and Debt	3 625 000	3 994 000	3 922 000	9 159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 000	18 000	0	0
Other Income	0	0	15 000	15 000
Revenue	73 000	18 000	15 000	15 000
Cost of Goods Sold	0	0	0	0
Salary Costs	202 000	44 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	239 000	108 000	111 000	10 000
Operating Profit	−166 000	−90 000	−96 000	5 000
Financial Income	2 000	334 000	110 000	383 000
Financial Costs	286 000	182 000	2 707 000	342 000
Financial Balance	−284 000	152 000	−2 597 000	41 000
Dividends	0	0	0	0
Net Income	−450 000	62 000	−2 702 000	44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	10 000
Real Eastate	0	0	0	6 350 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	6 350 000
Total Fiancial Fixed Assets	2 102 000	1 200 000	0	2 700 000
Total Fixed Assets	2 102 000	1 200 000	0	9 060 000
Stock	0	0	0	0
Total Investments	460 000	747 000	597 000	1 000
Cash, Bank	185 000	2 019 000	3 310 000	98 000
Total Current Assets	1 524 000	2 794 000	3 922 000	99 000
Total Assets	3 625 000	3 994 000	3 922 000	9 159 000
Total Equity	3 534 000	3 984 000	3 922 000	6 624 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	62 000	5 000	0	0
Dividends	0	0	0	0
Other Current Debt	29 000	5 000	0	2 535 000
Total Current Debt	92 000	10 000	0	2 535 000
Total Equity and Debt	3 625 000	3 994 000	3 922 000	9 159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,73 %	1,56 %	−68,89 %	0,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−227,4 %	−500 %	−640 %	33,33 %
Current Ratio	16,57	279,4	-	0,04
Quick Ratio	16,57	279,4	-	0,04
Equity Ratio	0,97	1	1	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %