FROMA SOFTWARE AS

2320 FURNES

Finances

Share Ownership

Return on Equity

1,74 %

Current Ratio

0,23

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	71 000	310 000
Net Income	−15 000	−47 000	−6 000	−51 000
Total Assets	257 000	304 000	311 000	225 000
Total Equity	−860 000	−844 000	−797 000	−791 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	71 000	310 000
Expenditure	16 000	46 000	77 000	360 000
Operating Profit	−15 000	−46 000	−6 000	−50 000
Financial Income	0	1 000	0	0
Financial Costs	0	2 000	0	2 000
Financial Balance	0	−1 000	0	−2 000
Earnings Before Tax	−15 000	−47 000	−6 000	−51 000
Tax	0	0	0	0
Net Income	−15 000	−47 000	−6 000	−51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	8 000	16 000	24 000
Total Current Assets	257 000	296 000	295 000	201 000
Total Assets	257 000	304 000	311 000	225 000
Total Retained Equity	−884 000	−869 000	−821 000	−815 000
Total Equity	−860 000	−844 000	−797 000	−791 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 116 000	1 148 000	1 108 000	1 015 000
Total Equity and Debt	257 000	304 000	311 000	225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	71 000	310 000
Other Income	0	0	0	0
Revenue	0	0	71 000	310 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	211 000
Depreciation	8 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	16 000	46 000	77 000	360 000
Operating Profit	−15 000	−46 000	−6 000	−50 000
Financial Income	0	1 000	0	0
Financial Costs	0	2 000	0	2 000
Financial Balance	0	−1 000	0	−2 000
Dividends	0	0	0	0
Net Income	−15 000	−47 000	−6 000	−51 000

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	0	8 000	16 000	24 000
Total Tangible Assets	0	8 000	16 000	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	8 000	16 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	229 000	261 000	169 000	55 000
Total Current Assets	257 000	296 000	295 000	201 000
Total Assets	257 000	304 000	311 000	225 000
Total Equity	−860 000	−844 000	−797 000	−791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	47 000	0	0
Unpaid Taxes	0	0	7 000	44 000
Dividends	0	0	0	0
Other Current Debt	1 101 000	1 101 000	1 101 000	971 000
Total Current Debt	1 116 000	1 148 000	1 108 000	1 015 000
Total Equity and Debt	257 000	304 000	311 000	225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,74 %	5,57 %	0,75 %	6,45 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	-	-	−8,45 %	−16,13 %
Current Ratio	0,23	0,26	0,27	0,2
Quick Ratio	0,23	0,26	0,27	0,2
Equity Ratio	−3,35	−2,78	−2,56	−3,52
Gross Profit Margin	-	-	100 %	100 %