FREM HOLDING AS

9405 HARSTAD

Finances

Return on Equity

8,16 %

Current Ratio

14,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	408 000	408 000
Net Income	351 000	366 000	311 000	245 000
Total Assets	4 381 000	4 073 000	3 687 000	3 356 000
Total Equity	4 299 000	3 947 000	3 581 000	3 270 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	408 000	408 000
Expenditure	46 000	27 000	22 000	104 000
Operating Profit	314 000	333 000	386 000	304 000
Financial Income	107 000	107 000	13 000	10 000
Financial Costs	0	0	0	0
Financial Balance	107 000	107 000	13 000	10 000
Earnings Before Tax	421 000	440 000	398 000	314 000
Tax	70 000	74 000	88 000	69 000
Net Income	351 000	366 000	311 000	245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 184 000	3 184 000	3 184 000	1 578 000
Total Current Assets	1 197 000	889 000	502 000	1 778 000
Total Assets	4 381 000	4 073 000	3 687 000	3 356 000
Total Retained Equity	4 199 000	3 847 000	3 481 000	3 170 000
Total Equity	4 299 000	3 947 000	3 581 000	3 270 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	83 000	126 000	106 000	86 000
Total Equity and Debt	4 381 000	4 073 000	3 687 000	3 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	360 000	360 000	408 000	408 000
Revenue	360 000	360 000	408 000	408 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	46 000	27 000	22 000	104 000
Operating Profit	314 000	333 000	386 000	304 000
Financial Income	107 000	107 000	13 000	10 000
Financial Costs	0	0	0	0
Financial Balance	107 000	107 000	13 000	10 000
Dividends	0	0	0	0
Net Income	351 000	366 000	311 000	245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 184 000	3 184 000	3 184 000	1 578 000
Total Fixed Assets	3 184 000	3 184 000	3 184 000	1 578 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 197 000	889 000	460 000	1 778 000
Total Current Assets	1 197 000	889 000	502 000	1 778 000
Total Assets	4 381 000	4 073 000	3 687 000	3 356 000
Total Equity	4 299 000	3 947 000	3 581 000	3 270 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	2 000	0
Unpaid Taxes	13 000	52 000	16 000	17 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	83 000	126 000	106 000	86 000
Total Equity and Debt	4 381 000	4 073 000	3 687 000	3 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,16 %	9,27 %	8,68 %	7,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	87,22 %	92,5 %	94,61 %	74,51 %
Current Ratio	14,42	7,06	4,74	20,67
Quick Ratio	14,42	7,06	4,74	20,67
Equity Ratio	0,98	0,97	0,97	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %