FRAMSTAD AS

2770 JAREN

Finances

Share Ownership

Return on Equity

80,2 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 822 000	13 485 000	7 847 000	8 077 000
Net Income	1 928 000	351 000	190 000	842 000
Total Assets	16 521 000	4 131 000	1 710 000	1 522 000
Total Equity	2 404 000	1 228 000	878 000	687 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 822 000	13 485 000	7 847 000	8 077 000
Expenditure	23 222 000	13 066 000	7 555 000	7 041 000
Operating Profit	2 601 000	419 000	293 000	1 035 000
Financial Income	1 000	0	0	0
Financial Costs	120 000	22 000	3 000	5 000
Financial Balance	−119 000	−22 000	−3 000	−5 000
Earnings Before Tax	2 482 000	396 000	289 000	1 031 000
Tax	554 000	45 000	99 000	189 000
Net Income	1 928 000	351 000	190 000	842 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 731 000	293 000	42 000	56 000
Total Current Assets	14 791 000	3 838 000	1 669 000	1 466 000
Total Assets	16 521 000	4 131 000	1 710 000	1 522 000
Total Retained Equity	2 354 000	1 178 000	828 000	637 000
Total Equity	2 404 000	1 228 000	878 000	687 000
Total Long-Term Debt	1 983 000	201 000	0	0
Total Current Debt	12 134 000	2 702 000	833 000	834 000
Total Equity and Debt	16 521 000	4 131 000	1 710 000	1 522 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 513 000	12 637 000	7 847 000	8 077 000
Other Income	3 310 000	848 000	0	0
Revenue	25 822 000	13 485 000	7 847 000	8 077 000
Cost of Goods Sold	7 036 000	4 994 000	5 091 000	4 343 000
Salary Costs	7 598 000	3 404 000	0	0
Depreciation	244 000	38 000	15 000	24 000
Impairment	0	0	0	0
Expenditure	23 222 000	13 066 000	7 555 000	7 041 000
Operating Profit	2 601 000	419 000	293 000	1 035 000
Financial Income	1 000	0	0	0
Financial Costs	120 000	22 000	3 000	5 000
Financial Balance	−119 000	−22 000	−3 000	−5 000
Dividends	752 000	0	0	0
Net Income	1 928 000	351 000	190 000	842 000

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	42 000	56 000
Fixtures	1 731 000	293 000	0	0
Total Tangible Assets	1 731 000	293 000	42 000	56 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 731 000	293 000	42 000	56 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 424 000	1 381 000	617 000	578 000
Total Current Assets	14 791 000	3 838 000	1 669 000	1 466 000
Total Assets	16 521 000	4 131 000	1 710 000	1 522 000
Total Equity	2 404 000	1 228 000	878 000	687 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 983 000	201 000	0	0
Creditors	6 746 000	1 565 000	670 000	395 000
Unpaid Taxes	1 245 000	371 000	12 000	0
Dividends	752 000	0	0	0
Other Current Debt	3 168 000	765 000	51 000	251 000
Total Current Debt	12 134 000	2 702 000	833 000	834 000
Total Equity and Debt	16 521 000	4 131 000	1 710 000	1 522 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,2 %	28,58 %	21,64 %	122,56 %
Debt-to-Equity Ratio	0,82	0,16	0	0
Operating Profit Margin	10,07 %	3,11 %	3,73 %	12,81 %
Current Ratio	1,22	1,42	2	1,76
Quick Ratio	1,22	1,42	2	1,76
Equity Ratio	0,15	0,3	0,51	0,45
Gross Profit Margin	72,75 %	62,97 %	35,12 %	46,23 %