FRANK EIENDOMSUTVIKLING AS

9130 HANSNES

Finances

Share Ownership

Return on Equity

−157,14 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 240 000	1 532 000	1 060 000	1 482 000
Net Income	−264 000	158 000	164 000	374 000
Total Assets	683 000	868 000	800 000	851 000
Total Equity	168 000	432 000	374 000	335 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 240 000	1 532 000	1 060 000	1 482 000
Expenditure	2 507 000	1 336 000	855 000	1 076 000
Operating Profit	−267 000	196 000	205 000	406 000
Financial Income	13 000	13 000	18 000	12 000
Financial Costs	10 000	12 000	4 000	14 000
Financial Balance	3 000	1 000	14 000	−2 000
Earnings Before Tax	−264 000	196 000	219 000	404 000
Tax	0	39 000	55 000	30 000
Net Income	−264 000	158 000	164 000	374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	33 000	44 000	104 000
Total Current Assets	661 000	835 000	756 000	747 000
Total Assets	683 000	868 000	800 000	851 000
Total Retained Equity	68 000	332 000	274 000	235 000
Total Equity	168 000	432 000	374 000	335 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	516 000	436 000	425 000	516 000
Total Equity and Debt	683 000	868 000	800 000	851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 240 000	1 532 000	1 060 000	1 482 000
Other Income	0	0	0	0
Revenue	2 240 000	1 532 000	1 060 000	1 482 000
Cost of Goods Sold	1 280 000	777 000	204 000	488 000
Salary Costs	938 000	305 000	408 000	310 000
Depreciation	11 000	11 000	60 000	54 000
Impairment	0	0	0	0
Expenditure	2 507 000	1 336 000	855 000	1 076 000
Operating Profit	−267 000	196 000	205 000	406 000
Financial Income	13 000	13 000	18 000	12 000
Financial Costs	10 000	12 000	4 000	14 000
Financial Balance	3 000	1 000	14 000	−2 000
Dividends	0	0	0	0
Net Income	−264 000	158 000	164 000	374 000

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	22 000	33 000	44 000	104 000
Total Tangible Assets	22 000	33 000	44 000	104 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	33 000	44 000	104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	73 000	241 000	24 000	65 000
Total Current Assets	661 000	835 000	756 000	747 000
Total Assets	683 000	868 000	800 000	851 000
Total Equity	168 000	432 000	374 000	335 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	149 000	101 000	103 000	142 000
Unpaid Taxes	222 000	162 000	91 000	283 000
Dividends	0	0	0	0
Other Current Debt	142 000	135 000	177 000	60 000
Total Current Debt	516 000	436 000	425 000	516 000
Total Equity and Debt	683 000	868 000	800 000	851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−157,14 %	36,57 %	43,85 %	111,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−11,92 %	12,79 %	19,34 %	27,4 %
Current Ratio	1,28	1,92	1,78	1,45
Quick Ratio	1,28	1,92	1,78	1,45
Equity Ratio	0,25	0,5	0,47	0,39
Gross Profit Margin	42,86 %	49,28 %	80,75 %	67,07 %