FRAMAR MANAGEMENT AS

0255 OSLO

Finances

Share Ownership

Return on Equity

17,75 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 468 000	8 131 000	8 019 000	4 860 000
Net Income	233 000	240 000	265 000	123 000
Total Assets	12 526 000	3 635 000	3 298 000	2 320 000
Total Equity	1 313 000	1 080 000	840 000	575 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 468 000	8 131 000	8 019 000	4 860 000
Expenditure	15 113 000	7 792 000	7 655 000	4 678 000
Operating Profit	355 000	339 000	364 000	183 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	59 000	17 000	17 000	17 000
Financial Balance	−57 000	−15 000	−15 000	−16 000
Earnings Before Tax	298 000	324 000	350 000	167 000
Tax	65 000	84 000	85 000	44 000
Net Income	233 000	240 000	265 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	11 000	25 000	42 000
Total Current Assets	12 523 000	3 624 000	3 274 000	2 279 000
Total Assets	12 526 000	3 635 000	3 298 000	2 320 000
Total Retained Equity	1 219 000	986 000	745 000	480 000
Total Equity	1 313 000	1 080 000	840 000	575 000
Total Long-Term Debt	0	449 000	433 000	416 000
Total Current Debt	11 212 000	2 106 000	2 026 000	1 329 000
Total Equity and Debt	12 526 000	3 635 000	3 298 000	2 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 468 000	8 131 000	8 019 000	5 175 000
Other Income	0	0	0	−314 000
Revenue	15 468 000	8 131 000	8 019 000	4 860 000
Cost of Goods Sold	10 012 000	0	0	0
Salary Costs	4 637 000	6 484 000	6 338 000	3 339 000
Depreciation	8 000	13 000	17 000	14 000
Impairment	0	0	0	0
Expenditure	15 113 000	7 792 000	7 655 000	4 678 000
Operating Profit	355 000	339 000	364 000	183 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	59 000	17 000	17 000	17 000
Financial Balance	−57 000	−15 000	−15 000	−16 000
Dividends	0	0	0	0
Net Income	233 000	240 000	265 000	123 000

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	3 000	11 000	25 000	42 000
Total Tangible Assets	3 000	11 000	25 000	42 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	11 000	25 000	42 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 238 000	3 079 000	2 026 000	2 279 000
Total Current Assets	12 523 000	3 624 000	3 274 000	2 279 000
Total Assets	12 526 000	3 635 000	3 298 000	2 320 000
Total Equity	1 313 000	1 080 000	840 000	575 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	449 000	433 000	416 000
Creditors	10 090 000	6 000	−4 000	176 000
Unpaid Taxes	599 000	1 601 000	1 500 000	273 000
Dividends	0	0	0	0
Other Current Debt	458 000	415 000	445 000	836 000
Total Current Debt	11 212 000	2 106 000	2 026 000	1 329 000
Total Equity and Debt	12 526 000	3 635 000	3 298 000	2 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,75 %	22,22 %	31,55 %	21,39 %
Debt-to-Equity Ratio	0	0,42	0,52	0,72
Operating Profit Margin	2,3 %	4,17 %	4,54 %	3,77 %
Current Ratio	1,12	1,72	1,62	1,71
Quick Ratio	1,12	1,72	1,62	1,71
Equity Ratio	0,1	0,3	0,25	0,25
Gross Profit Margin	35,27 %	100 %	100 %	100 %