FREMO GRUS AS

7234 LER

Finances

Share Ownership

Return on Equity

110 %

Current Ratio

0,17

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 629 000	1 885 000	3 123 000	9 560 000
Net Income	−528 000	−900 000	−510 000	861 000
Total Assets	3 648 000	5 280 000	6 207 000	9 213 000
Total Equity	−480 000	48 000	948 000	1 458 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 629 000	1 885 000	3 123 000	9 560 000
Expenditure	3 035 000	3 036 000	3 858 000	8 227 000
Operating Profit	−407 000	−1 151 000	−655 000	1 332 000
Financial Income	0	0	2 000	3 000
Financial Costs	0	0	1 000	228 000
Financial Balance	0	0	1 000	−225 000
Earnings Before Tax	−407 000	−1 151 000	−654 000	1 107 000
Tax	121 000	−251 000	−144 000	246 000
Net Income	−528 000	−900 000	−510 000	861 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 953 000	4 082 000	4 815 000	5 240 000
Total Current Assets	695 000	1 197 000	1 392 000	3 973 000
Total Assets	3 648 000	5 280 000	6 207 000	9 213 000
Total Retained Equity	−680 000	−152 000	748 000	1 258 000
Total Equity	−480 000	48 000	948 000	1 458 000
Total Long-Term Debt	0	4 882 000	5 013 000	7 051 000
Total Current Debt	4 128 000	350 000	247 000	704 000
Total Equity and Debt	3 648 000	5 280 000	6 207 000	9 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 581 000	1 885 000	3 123 000	9 560 000
Other Income	48 000	0	0	0
Revenue	2 629 000	1 885 000	3 123 000	9 560 000
Cost of Goods Sold	318 000	343 000	871 000	3 937 000
Salary Costs	123 000	607 000	783 000	786 000
Depreciation	989 000	977 000	939 000	645 000
Impairment	0	0	0	500 000
Expenditure	3 035 000	3 036 000	3 858 000	8 227 000
Operating Profit	−407 000	−1 151 000	−655 000	1 332 000
Financial Income	0	0	2 000	3 000
Financial Costs	0	0	1 000	228 000
Financial Balance	0	0	1 000	−225 000
Dividends	0	0	0	0
Net Income	−528 000	−900 000	−510 000	861 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	121 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 630 000	3 109 000	3 786 000	4 584 000
Fixtures	323 000	853 000	1 029 000	656 000
Total Tangible Assets	2 953 000	3 962 000	4 815 000	5 240 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 953 000	4 082 000	4 815 000	5 240 000
Stock	80 000	80 000	80 000	0
Total Investments	0	0	0	0
Cash, Bank	544 000	671 000	1 119 000	2 231 000
Total Current Assets	695 000	1 197 000	1 392 000	3 973 000
Total Assets	3 648 000	5 280 000	6 207 000	9 213 000
Total Equity	−480 000	48 000	948 000	1 458 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 882 000	5 013 000	7 051 000
Creditors	117 000	32 000	−9 000	458 000
Unpaid Taxes	16 000	109 000	172 000	58 000
Dividends	0	0	0	0
Other Current Debt	113 000	210 000	84 000	83 000
Total Current Debt	4 128 000	350 000	247 000	704 000
Total Equity and Debt	3 648 000	5 280 000	6 207 000	9 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110 %	−1 875 %	−53,8 %	59,05 %
Debt-to-Equity Ratio	−0	101,71	5,29	4,84
Operating Profit Margin	−15,48 %	−61,06 %	−20,97 %	13,93 %
Current Ratio	0,17	3,42	5,64	5,64
Quick Ratio	0,17	4,43	8,34	5,64
Equity Ratio	−0,13	0,01	0,15	0,16
Gross Profit Margin	87,9 %	81,8 %	72,11 %	58,82 %