FRAMNÆS GRUNNVARME AS

3212 SANDEFJORD

Finances

Share Ownership

Return on Equity

−44,71 %

Current Ratio

29,2

Debt-to-Equity Ratio

14,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 025 000	787 000	339 000	629 000
Net Income	−304 000	−957 000	−420 000	−531 000
Total Assets	11 083 000	11 137 000	7 229 000	7 157 000
Total Equity	680 000	696 000	685 000	642 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 025 000	787 000	339 000	629 000
Expenditure	1 208 000	1 900 000	746 000	1 117 000
Operating Profit	−183 000	−1 113 000	−407 000	−488 000
Financial Income	100 000	13 000	3 000	5 000
Financial Costs	307 000	127 000	134 000	197 000
Financial Balance	−207 000	−114 000	−131 000	−192 000
Earnings Before Tax	−390 000	−1 227 000	−538 000	−681 000
Tax	−86 000	−270 000	−118 000	−150 000
Net Income	−304 000	−957 000	−420 000	−531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 717 000	5 092 000	5 468 000	5 843 000
Total Current Assets	6 366 000	6 044 000	1 761 000	1 314 000
Total Assets	11 083 000	11 137 000	7 229 000	7 157 000
Total Retained Equity	−4 033 000	−3 729 000	−2 772 000	−2 352 000
Total Equity	680 000	696 000	685 000	642 000
Total Long-Term Debt	10 185 000	10 190 000	6 486 000	6 474 000
Total Current Debt	218 000	251 000	58 000	41 000
Total Equity and Debt	11 083 000	11 137 000	7 229 000	7 157 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 025 000	787 000	336 000	629 000
Other Income	0	0	4 000	0
Revenue	1 025 000	787 000	339 000	629 000
Cost of Goods Sold	784 000	396 000	192 000	563 000
Salary Costs	0	0	0	0
Depreciation	375 000	375 000	375 000	375 000
Impairment	0	0	0	0
Expenditure	1 208 000	1 900 000	746 000	1 117 000
Operating Profit	−183 000	−1 113 000	−407 000	−488 000
Financial Income	100 000	13 000	3 000	5 000
Financial Costs	307 000	127 000	134 000	197 000
Financial Balance	−207 000	−114 000	−131 000	−192 000
Dividends	0	0	0	0
Net Income	−304 000	−957 000	−420 000	−531 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 717 000	5 092 000	5 468 000	5 843 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 717 000	5 092 000	5 468 000	5 843 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 717 000	5 092 000	5 468 000	5 843 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 728 000	4 431 000	1 101 000	402 000
Total Current Assets	6 366 000	6 044 000	1 761 000	1 314 000
Total Assets	11 083 000	11 137 000	7 229 000	7 157 000
Total Equity	680 000	696 000	685 000	642 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 185 000	10 190 000	6 486 000	6 474 000
Creditors	16 000	195 000	50 000	41 000
Unpaid Taxes	48 000	20 000	7 000	1 000
Dividends	0	0	0	0
Other Current Debt	154 000	36 000	0	0
Total Current Debt	218 000	251 000	58 000	41 000
Total Equity and Debt	11 083 000	11 137 000	7 229 000	7 157 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−44,71 %	−137,5 %	−61,31 %	−82,71 %
Debt-to-Equity Ratio	14,98	14,64	9,47	10,08
Operating Profit Margin	−17,85 %	−141,42 %	−120,06 %	−77,58 %
Current Ratio	29,2	24,08	30,36	32,05
Quick Ratio	29,2	24,08	30,36	32,05
Equity Ratio	0,06	0,06	0,09	0,09
Gross Profit Margin	23,51 %	49,68 %	43,36 %	10,49 %