Since 1983 Frem had been battling economically, and in 1993 saw themselves demoted to the Danmarksserien following a bankruptcy, which was due to a debt of DKK 8,500,000 and allegations of fraud.
Od roku 1983 se Frem potýkal s ekonomickou krizí a v roce 1993 spadl po bankrotu do Danmarksserien kvůli dluhu ve výši 8 500 000 dánských korun a obvinění z podvodu.