FRAM VENTURE AS

0881 OSLO

Finances

Return on Equity

−166,92 %

Current Ratio

13,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	255 000	0	22 000	1 191 000
Net Income	−15 295 000	19 678 000	810 000	7 357 000
Total Assets	9 636 000	31 382 000	8 126 000	7 524 000
Total Equity	9 163 000	25 158 000	7 780 000	6 970 000

Income (NOK)	2022	2021	2020	2019
Revenue	255 000	0	22 000	1 191 000
Expenditure	1 145 000	172 000	145 000	1 211 000
Operating Profit	−890 000	−172 000	−124 000	−20 000
Financial Income	1 247 000	28 436 000	1 681 000	10 157 000
Financial Costs	15 652 000	2 367 000	410 000	2 780 000
Financial Balance	−14 405 000	26 069 000	1 271 000	7 377 000
Earnings Before Tax	−15 295 000	25 896 000	1 148 000	7 357 000
Tax	0	6 218 000	338 000	0
Net Income	−15 295 000	19 678 000	810 000	7 357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 418 000	2 212 000	951 000	928 000
Total Current Assets	6 218 000	29 170 000	7 176 000	6 597 000
Total Assets	9 636 000	31 382 000	8 126 000	7 524 000
Total Retained Equity	9 137 000	25 131 000	7 753 000	6 943 000
Total Equity	9 163 000	25 158 000	7 780 000	6 970 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	473 000	6 224 000	346 000	555 000
Total Equity and Debt	9 636 000	31 382 000	8 126 000	7 524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	255 000	0	22 000	1 191 000
Other Income	0	0	0	0
Revenue	255 000	0	22 000	1 191 000
Cost of Goods Sold	0	0	0	0
Salary Costs	958 000	0	−2 000	523 000
Depreciation	21 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 145 000	172 000	145 000	1 211 000
Operating Profit	−890 000	−172 000	−124 000	−20 000
Financial Income	1 247 000	28 436 000	1 681 000	10 157 000
Financial Costs	15 652 000	2 367 000	410 000	2 780 000
Financial Balance	−14 405 000	26 069 000	1 271 000	7 377 000
Dividends	0	2 300 000	0	1 200 000
Net Income	−15 295 000	19 678 000	810 000	7 357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	185 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 233 000	2 212 000	951 000	928 000
Total Fixed Assets	3 418 000	2 212 000	951 000	928 000
Stock	0	0	0	0
Total Investments	646 000	321 000	321 000	712 000
Cash, Bank	4 688 000	28 339 000	6 680 000	4 046 000
Total Current Assets	6 218 000	29 170 000	7 176 000	6 597 000
Total Assets	9 636 000	31 382 000	8 126 000	7 524 000
Total Equity	9 163 000	25 158 000	7 780 000	6 970 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	3 000	0	5 000
Unpaid Taxes	124 000	0	6 000	6 000
Dividends	0	2 300 000	0	1 200 000
Other Current Debt	335 000	3 000	3 000	44 000
Total Current Debt	473 000	6 224 000	346 000	555 000
Total Equity and Debt	9 636 000	31 382 000	8 126 000	7 524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−166,92 %	78,22 %	10,41 %	105,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−349,02 %	-	−563,64 %	−1,68 %
Current Ratio	13,15	4,69	20,74	11,89
Quick Ratio	13,15	4,69	20,74	11,89
Equity Ratio	0,95	0,8	0,96	0,93
Gross Profit Margin	100 %	-	100 %	100 %