FREMO INVEST AS

7041 TRONDHEIM

Finances

Return on Equity

23,64 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	115 532 000	120 244 000	119 993 000	79 651 000
Net Income	4 139 000	5 870 000	5 108 000	5 117 000
Total Assets	48 230 000	50 562 000	47 379 000	37 766 000
Total Equity	17 505 000	16 018 000	13 053 000	17 233 000

Income (NOK)	2022	2021	2020	2019
Revenue	115 532 000	120 244 000	119 993 000	79 651 000
Expenditure	110 051 000	113 640 000	113 082 000	74 013 000
Operating Profit	5 481 000	6 604 000	6 911 000	5 638 000
Financial Income	1 157 000	868 000	565 000	869 000
Financial Costs	1 208 000	132 000	772 000	59 000
Financial Balance	−51 000	736 000	−207 000	810 000
Earnings Before Tax	5 430 000	7 340 000	6 703 000	6 449 000
Tax	1 292 000	1 470 000	1 595 000	1 332 000
Net Income	4 139 000	5 870 000	5 108 000	5 117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 099 000	2 663 000	3 048 000	3 601 000
Total Current Assets	46 131 000	47 899 000	44 331 000	34 165 000
Total Assets	48 230 000	50 562 000	47 379 000	37 766 000
Total Retained Equity	17 405 000	15 918 000	12 953 000	17 133 000
Total Equity	17 505 000	16 018 000	13 053 000	17 233 000
Total Long-Term Debt	15 000	23 000	24 000	41 000
Total Current Debt	30 709 000	34 521 000	34 302 000	20 492 000
Total Equity and Debt	48 230 000	50 562 000	47 379 000	37 766 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	115 350 000	120 019 000	119 836 000	79 370 000
Other Income	182 000	225 000	157 000	281 000
Revenue	115 532 000	120 244 000	119 993 000	79 651 000
Cost of Goods Sold	0	0	0	0
Salary Costs	104 414 000	107 617 000	106 606 000	69 167 000
Depreciation	0	2 000	24 000	24 000
Impairment	0	0	0	0
Expenditure	110 051 000	113 640 000	113 082 000	74 013 000
Operating Profit	5 481 000	6 604 000	6 911 000	5 638 000
Financial Income	1 157 000	868 000	565 000	869 000
Financial Costs	1 208 000	132 000	772 000	59 000
Financial Balance	−51 000	736 000	−207 000	810 000
Dividends	1 000 000	0	0	0
Net Income	4 139 000	5 870 000	5 108 000	5 117 000

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	2 000	26 000
Total Tangible Assets	0	0	2 000	26 000
Total Fiancial Fixed Assets	2 099 000	2 663 000	3 046 000	3 575 000
Total Fixed Assets	2 099 000	2 663 000	3 048 000	3 601 000
Stock	0	0	0	0
Total Investments	399 000	9 531 000	1 752 000	8 653 000
Cash, Bank	29 620 000	17 793 000	19 983 000	14 908 000
Total Current Assets	46 131 000	47 899 000	44 331 000	34 165 000
Total Assets	48 230 000	50 562 000	47 379 000	37 766 000
Total Equity	17 505 000	16 018 000	13 053 000	17 233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000	23 000	24 000	41 000
Creditors	173 000	497 000	494 000	926 000
Unpaid Taxes	8 484 000	10 299 000	10 573 000	7 565 000
Dividends	1 000 000	0	0	0
Other Current Debt	18 120 000	19 175 000	17 335 000	8 278 000
Total Current Debt	30 709 000	34 521 000	34 302 000	20 492 000
Total Equity and Debt	48 230 000	50 562 000	47 379 000	37 766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,64 %	36,65 %	39,13 %	29,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,74 %	5,49 %	5,76 %	7,08 %
Current Ratio	1,5	1,39	1,29	1,67
Quick Ratio	1,5	1,39	1,29	1,67
Equity Ratio	0,36	0,32	0,28	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %