FREMTIDENS INDUSTRI AS

7125 VANVIKAN

Finances

Return on Equity

20,21 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 287 000	19 311 000	16 139 000	15 463 000
Net Income	1 026 000	1 675 000	1 196 000	−485 000
Total Assets	13 044 000	11 824 000	8 324 000	8 093 000
Total Equity	5 077 000	4 133 000	2 677 000	1 481 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 287 000	19 311 000	16 139 000	15 463 000
Expenditure	20 918 000	17 436 000	14 906 000	15 733 000
Operating Profit	1 369 000	1 874 000	1 233 000	−269 000
Financial Income	0	0	12 000	1 000
Financial Costs	50 000	49 000	48 000	217 000
Financial Balance	−50 000	−49 000	−36 000	−216 000
Earnings Before Tax	1 319 000	1 825 000	1 196 000	−485 000
Tax	294 000	150 000	0	0
Net Income	1 026 000	1 675 000	1 196 000	−485 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	483 000	518 000	246 000	284 000
Total Current Assets	12 561 000	11 305 000	8 078 000	7 809 000
Total Assets	13 044 000	11 824 000	8 324 000	8 093 000
Total Retained Equity	3 273 000	2 330 000	873 000	−323 000
Total Equity	5 077 000	4 133 000	2 677 000	1 481 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 967 000	7 690 000	5 648 000	6 613 000
Total Equity and Debt	13 044 000	11 824 000	8 324 000	8 093 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 283 000	14 038 000	13 920 000	13 696 000
Other Income	6 005 000	5 273 000	2 219 000	1 768 000
Revenue	22 287 000	19 311 000	16 139 000	15 463 000
Cost of Goods Sold	0	2 000	63 000	252 000
Salary Costs	16 039 000	13 387 000	10 842 000	9 887 000
Depreciation	115 000	117 000	105 000	144 000
Impairment	0	0	0	0
Expenditure	20 918 000	17 436 000	14 906 000	15 733 000
Operating Profit	1 369 000	1 874 000	1 233 000	−269 000
Financial Income	0	0	12 000	1 000
Financial Costs	50 000	49 000	48 000	217 000
Financial Balance	−50 000	−49 000	−36 000	−216 000
Dividends	0	0	0	0
Net Income	1 026 000	1 675 000	1 196 000	−485 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	48 000	0	0	0
Machinery and Plant Facilities	0	0	0	30 000
Fixtures	111 000	200 000	156 000	148 000
Total Tangible Assets	363 000	428 000	156 000	178 000
Total Fiancial Fixed Assets	120 000	90 000	90 000	106 000
Total Fixed Assets	483 000	518 000	246 000	284 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	662 000	1 436 000	488 000	357 000
Total Current Assets	12 561 000	11 305 000	8 078 000	7 809 000
Total Assets	13 044 000	11 824 000	8 324 000	8 093 000
Total Equity	5 077 000	4 133 000	2 677 000	1 481 000
Short-Term Group Debt	105 000	281 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 550 000	304 000	535 000	848 000
Unpaid Taxes	1 462 000	1 148 000	1 213 000	656 000
Dividends	0	0	0	0
Other Current Debt	3 784 000	5 869 000	3 643 000	3 418 000
Total Current Debt	7 967 000	7 690 000	5 648 000	6 613 000
Total Equity and Debt	13 044 000	11 824 000	8 324 000	8 093 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,21 %	40,53 %	44,68 %	−32,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,14 %	9,7 %	7,64 %	−1,74 %
Current Ratio	1,58	1,47	1,43	1,18
Quick Ratio	1,58	1,47	1,43	1,18
Equity Ratio	0,39	0,35	0,32	0,18
Gross Profit Margin	100 %	99,99 %	99,61 %	98,37 %