FREMR AS

0151 OSLO

Finances

Return on Equity

−3,57 %

Current Ratio

7,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 361 000	717 000	835 000	65 000
Net Income	−8 947 000	8 681 000	286 750 000	12 835 000
Total Assets	283 983 000	319 303 000	321 968 000	60 772 000
Total Equity	250 516 000	298 784 000	321 075 000	59 968 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 361 000	717 000	835 000	65 000
Expenditure	4 434 000	2 427 000	7 869 000	188 000
Operating Profit	−1 072 000	−1 710 000	−7 033 000	−123 000
Financial Income	13 025 000	27 185 000	295 989 000	14 066 000
Financial Costs	21 506 000	16 338 000	1 650 000	996 000
Financial Balance	−8 481 000	10 847 000	294 339 000	13 070 000
Earnings Before Tax	−9 554 000	9 137 000	287 306 000	12 947 000
Tax	−607 000	456 000	556 000	112 000
Net Income	−8 947 000	8 681 000	286 750 000	12 835 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 509 000	36 206 000	11 687 000	7 761 000
Total Current Assets	256 474 000	283 096 000	310 281 000	53 011 000
Total Assets	283 983 000	319 303 000	321 968 000	60 772 000
Total Retained Equity	250 246 000	298 604 000	320 955 000	59 848 000
Total Equity	250 516 000	298 784 000	321 075 000	59 968 000
Total Long-Term Debt	0	408 000	58 000	0
Total Current Debt	33 467 000	20 110 000	835 000	804 000
Total Equity and Debt	283 983 000	319 303 000	321 968 000	60 772 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	396 000	434 000	64 000	1 000
Other Income	2 965 000	283 000	771 000	64 000
Revenue	3 361 000	717 000	835 000	65 000
Cost of Goods Sold	0	0	16 000	0
Salary Costs	2 781 000	519 000	7 000	0
Depreciation	21 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	4 434 000	2 427 000	7 869 000	188 000
Operating Profit	−1 072 000	−1 710 000	−7 033 000	−123 000
Financial Income	13 025 000	27 185 000	295 989 000	14 066 000
Financial Costs	21 506 000	16 338 000	1 650 000	996 000
Financial Balance	−8 481 000	10 847 000	294 339 000	13 070 000
Dividends	37 000 000	3 000 000	25 642 000	3 200 000
Net Income	−8 947 000	8 681 000	286 750 000	12 835 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	259 000	61 000	61 000	0
Real Eastate	2 839 000	12 309 000	8 166 000	3 115 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	123 000	105 000	0	0
Total Tangible Assets	2 962 000	12 414 000	8 166 000	3 115 000
Total Fiancial Fixed Assets	24 287 000	23 732 000	3 460 000	4 647 000
Total Fixed Assets	27 509 000	36 206 000	11 687 000	7 761 000
Stock	0	0	0	0
Total Investments	197 045 000	140 565 000	159 021 000	4 872 000
Cash, Bank	58 444 000	140 989 000	150 618 000	48 119 000
Total Current Assets	256 474 000	283 096 000	310 281 000	53 011 000
Total Assets	283 983 000	319 303 000	321 968 000	60 772 000
Total Equity	250 516 000	298 784 000	321 075 000	59 968 000
Short-Term Group Debt	0	24 000	0	0
Total Long-Term Debt	0	408 000	58 000	0
Creditors	398 000	417 000	270 000	8 000
Unpaid Taxes	190 000	55 000	16 000	0
Dividends	37 000 000	3 000 000	25 642 000	3 200 000
Other Current Debt	2 879 000	1 508 000	56 000	574 000
Total Current Debt	33 467 000	20 110 000	835 000	804 000
Total Equity and Debt	283 983 000	319 303 000	321 968 000	60 772 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,57 %	2,91 %	89,31 %	21,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−31,9 %	−238,49 %	−842,28 %	−189,23 %
Current Ratio	7,66	14,08	371,59	65,93
Quick Ratio	7,66	14,08	371,59	65,93
Equity Ratio	0,88	0,94	1	0,99
Gross Profit Margin	100 %	100 %	98,08 %	100 %