FREMRE EIENDOM AS

5013 BERGEN

Finances

Return on Equity

12,79 %

Current Ratio

41,01

Debt-to-Equity Ratio

1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 120 000	455 000	770 000	50 000
Net Income	8 162 000	12 460 000	−820 000	−521 000
Total Assets	171 563 000	161 218 000	143 185 000	122 401 000
Total Equity	63 810 000	55 648 000	43 188 000	44 008 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 120 000	455 000	770 000	50 000
Expenditure	2 781 000	1 544 000	1 628 000	973 000
Operating Profit	−1 660 000	−1 089 000	−857 000	−923 000
Financial Income	12 467 000	15 755 000	2 415 000	2 446 000
Financial Costs	3 334 000	2 158 000	2 690 000	2 191 000
Financial Balance	9 133 000	13 597 000	−275 000	255 000
Earnings Before Tax	7 472 000	12 509 000	−1 132 000	−668 000
Tax	−690 000	49 000	−312 000	−147 000
Net Income	8 162 000	12 460 000	−820 000	−521 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	123 012 000	152 510 000	132 233 000	97 858 000
Total Current Assets	48 551 000	8 709 000	10 952 000	24 543 000
Total Assets	171 563 000	161 218 000	143 185 000	122 401 000
Total Retained Equity	21 710 000	13 548 000	1 088 000	1 908 000
Total Equity	63 810 000	55 648 000	43 188 000	44 008 000
Total Long-Term Debt	106 569 000	105 196 000	99 603 000	77 829 000
Total Current Debt	1 184 000	374 000	393 000	563 000
Total Equity and Debt	171 563 000	161 218 000	143 185 000	122 401 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 120 000	455 000	770 000	50 000
Other Income	0	0	0	0
Revenue	1 120 000	455 000	770 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 958 000	1 107 000	1 155 000	690 000
Depreciation	57 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 781 000	1 544 000	1 628 000	973 000
Operating Profit	−1 660 000	−1 089 000	−857 000	−923 000
Financial Income	12 467 000	15 755 000	2 415 000	2 446 000
Financial Costs	3 334 000	2 158 000	2 690 000	2 191 000
Financial Balance	9 133 000	13 597 000	−275 000	255 000
Dividends	0	0	0	0
Net Income	8 162 000	12 460 000	−820 000	−521 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 085 000	368 000	415 000	148 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	227 000	0	0	0
Total Tangible Assets	227 000	0	0	0
Total Fiancial Fixed Assets	121 700 000	152 141 000	131 818 000	97 710 000
Total Fixed Assets	123 012 000	152 510 000	132 233 000	97 858 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	47 650 000	3 622 000	9 311 000	22 733 000
Total Current Assets	48 551 000	8 709 000	10 952 000	24 543 000
Total Assets	171 563 000	161 218 000	143 185 000	122 401 000
Total Equity	63 810 000	55 648 000	43 188 000	44 008 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	106 569 000	105 196 000	99 603 000	77 829 000
Creditors	90 000	24 000	15 000	20 000
Unpaid Taxes	281 000	165 000	86 000	74 000
Dividends	0	0	0	0
Other Current Debt	814 000	185 000	292 000	470 000
Total Current Debt	1 184 000	374 000	393 000	563 000
Total Equity and Debt	171 563 000	161 218 000	143 185 000	122 401 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,79 %	22,39 %	−1,9 %	−1,18 %
Debt-to-Equity Ratio	1,67	1,89	2,31	1,77
Operating Profit Margin	−148,21 %	−239,34 %	−111,3 %	−1 846 %
Current Ratio	41,01	23,29	27,87	43,59
Quick Ratio	41,01	23,29	27,87	43,59
Equity Ratio	0,37	0,35	0,3	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %