FRAMNES MARINE AS

3222 SANDEFJORD

Finances

Return on Equity

21,35 %

Current Ratio

2,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 966 000	16 163 000	16 284 000	17 327 000
Net Income	760 000	−96 000	345 000	−16 000
Total Assets	5 314 000	4 591 000	4 782 000	5 211 000
Total Equity	3 560 000	2 800 000	3 096 000	2 751 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 966 000	16 163 000	16 284 000	17 327 000
Expenditure	14 999 000	16 212 000	15 877 000	17 319 000
Operating Profit	967 000	−50 000	407 000	8 000
Financial Income	2 000	3 000	4 000	10 000
Financial Costs	34 000	50 000	37 000	34 000
Financial Balance	−32 000	−47 000	−33 000	−24 000
Earnings Before Tax	935 000	−96 000	374 000	−16 000
Tax	175 000	0	29 000	0
Net Income	760 000	−96 000	345 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	138 000	9 000	29 000	41 000
Total Current Assets	5 176 000	4 582 000	4 753 000	5 169 000
Total Assets	5 314 000	4 591 000	4 782 000	5 211 000
Total Retained Equity	3 478 000	2 718 000	3 014 000	2 669 000
Total Equity	3 560 000	2 800 000	3 096 000	2 751 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 754 000	1 791 000	1 686 000	2 459 000
Total Equity and Debt	5 314 000	4 591 000	4 782 000	5 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 966 000	16 141 000	16 284 000	17 327 000
Other Income	0	21 000	0	0
Revenue	15 966 000	16 163 000	16 284 000	17 327 000
Cost of Goods Sold	8 408 000	9 106 000	9 822 000	9 372 000
Salary Costs	4 089 000	4 584 000	3 661 000	5 252 000
Depreciation	29 000	6 000	13 000	12 000
Impairment	0	0	0	0
Expenditure	14 999 000	16 212 000	15 877 000	17 319 000
Operating Profit	967 000	−50 000	407 000	8 000
Financial Income	2 000	3 000	4 000	10 000
Financial Costs	34 000	50 000	37 000	34 000
Financial Balance	−32 000	−47 000	−33 000	−24 000
Dividends	0	0	0	0
Net Income	760 000	−96 000	345 000	−16 000

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	138 000	9 000	29 000	41 000
Total Tangible Assets	138 000	9 000	29 000	41 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	138 000	9 000	29 000	41 000
Stock	1 039 000	975 000	1 125 000	1 252 000
Total Investments	0	0	0	0
Cash, Bank	2 607 000	2 117 000	2 656 000	1 872 000
Total Current Assets	5 176 000	4 582 000	4 753 000	5 169 000
Total Assets	5 314 000	4 591 000	4 782 000	5 211 000
Total Equity	3 560 000	2 800 000	3 096 000	2 751 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	542 000	710 000	839 000	1 170 000
Unpaid Taxes	545 000	566 000	410 000	778 000
Dividends	0	0	0	0
Other Current Debt	492 000	515 000	407 000	511 000
Total Current Debt	1 754 000	1 791 000	1 686 000	2 459 000
Total Equity and Debt	5 314 000	4 591 000	4 782 000	5 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,35 %	−3,43 %	11,14 %	−0,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,06 %	−0,31 %	2,5 %	0,05 %
Current Ratio	2,95	2,56	2,82	2,1
Quick Ratio	7,24	5,62	8,47	4,28
Equity Ratio	0,67	0,61	0,65	0,53
Gross Profit Margin	47,34 %	43,66 %	39,68 %	45,91 %