FRAMO AS

5305 FLORVÅG

Finances

Return on Equity

12,19 %

Current Ratio

1,14

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 015 326 000	3 146 661 000	3 183 318 000	3 751 872 000
Net Income	72 059 000	128 256 000	981 973 000	552 352 000
Total Assets	2 084 544 000	2 772 033 000	2 887 259 000	2 627 376 000
Total Equity	591 257 000	724 317 000	1 343 743 000	1 205 661 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 015 326 000	3 146 661 000	3 183 318 000	3 751 872 000
Expenditure	2 575 975 000	2 808 992 000	2 876 916 000	3 371 026 000
Operating Profit	439 352 000	337 670 000	306 402 000	380 846 000
Financial Income	46 497 000	61 338 000	845 902 000	315 385 000
Financial Costs	401 377 000	251 153 000	464 000	312 000
Financial Balance	−354 880 000	−189 815 000	845 438 000	315 073 000
Earnings Before Tax	84 471 000	147 855 000	1 151 840 000	695 919 000
Tax	12 412 000	19 599 000	169 868 000	143 567 000
Net Income	72 059 000	128 256 000	981 973 000	552 352 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	342 724 000	344 720 000	116 433 000	119 089 000
Total Current Assets	1 741 820 000	2 427 313 000	2 770 826 000	2 508 286 000
Total Assets	2 084 544 000	2 772 033 000	2 887 259 000	2 627 376 000
Total Retained Equity	141 395 000	274 455 000	893 881 000	755 799 000
Total Equity	591 257 000	724 317 000	1 343 743 000	1 205 661 000
Total Long-Term Debt	−36 780 000	10 834 000	64 486 000	5 793 000
Total Current Debt	1 530 068 000	2 036 883 000	1 479 030 000	1 415 922 000
Total Equity and Debt	2 084 544 000	2 772 033 000	2 887 259 000	2 627 376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 014 894 000	3 146 661 000	3 183 318 000	3 746 661 000
Other Income	432 000	0	0	5 211 000
Revenue	3 015 326 000	3 146 661 000	3 183 318 000	3 751 872 000
Cost of Goods Sold	2 252 187 000	2 447 931 000	2 521 847 000	2 948 704 000
Salary Costs	75 530 000	85 658 000	76 241 000	74 866 000
Depreciation	12 749 000	6 005 000	3 040 000	3 091 000
Impairment	−516 000	−6 495 000	−1 000 000	5 700 000
Expenditure	2 575 975 000	2 808 992 000	2 876 916 000	3 371 026 000
Operating Profit	439 352 000	337 670 000	306 402 000	380 846 000
Financial Income	46 497 000	61 338 000	845 902 000	315 385 000
Financial Costs	401 377 000	251 153 000	464 000	312 000
Financial Balance	−354 880 000	−189 815 000	845 438 000	315 073 000
Dividends	0	0	685 000 000	0
Net Income	72 059 000	128 256 000	981 973 000	552 352 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 484 000	52 354 000	34 550 000	35 302 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 284 000	4 028 000	5 578 000	7 936 000
Total Tangible Assets	3 284 000	4 028 000	5 578 000	7 936 000
Total Fiancial Fixed Assets	291 956 000	288 338 000	76 305 000	75 852 000
Total Fixed Assets	342 724 000	344 720 000	116 433 000	119 089 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	237 000	7 950 000	12 860 000	5 104 000
Total Current Assets	1 741 820 000	2 427 313 000	2 770 826 000	2 508 286 000
Total Assets	2 084 544 000	2 772 033 000	2 887 259 000	2 627 376 000
Total Equity	591 257 000	724 317 000	1 343 743 000	1 205 661 000
Short-Term Group Debt	264 996 000	825 517 000	476 735 000	240 685 000
Total Long-Term Debt	−36 780 000	10 834 000	64 486 000	5 793 000
Creditors	154 127 000	251 275 000	10 278 000	16 571 000
Unpaid Taxes	6 654 000	7 321 000	7 892 000	7 325 000
Dividends	0	0	685 000 000	0
Other Current Debt	1 103 742 000	951 371 000	952 102 000	1 052 762 000
Total Current Debt	1 530 068 000	2 036 883 000	1 479 030 000	1 415 922 000
Total Equity and Debt	2 084 544 000	2 772 033 000	2 887 259 000	2 627 376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,19 %	17,71 %	73,08 %	45,81 %
Debt-to-Equity Ratio	−0,06	0,01	0,05	0
Operating Profit Margin	14,57 %	10,73 %	9,63 %	10,15 %
Current Ratio	1,14	1,19	1,87	1,77
Quick Ratio	1,14	1,19	1,87	1,77
Equity Ratio	0,28	0,26	0,47	0,46
Gross Profit Margin	25,31 %	22,21 %	20,78 %	21,41 %