FRANK UTVIKLING AS

1449 DRØBAK

Finances

Return on Equity

4,61 %

Current Ratio

3,39

Debt-to-Equity Ratio

1,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 219 000	23 476 000	114 463 000	13 357 000
Net Income	628 000	5 241 000	12 863 000	971 000
Total Assets	30 550 000	37 411 000	39 410 000	76 963 000
Total Equity	13 618 000	13 220 000	9 829 000	182 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 219 000	23 476 000	114 463 000	13 357 000
Expenditure	10 699 000	16 027 000	95 969 000	10 059 000
Operating Profit	1 520 000	7 449 000	18 494 000	3 298 000
Financial Income	235 000	309 000	54 000	1 000
Financial Costs	942 000	1 027 000	2 057 000	2 054 000
Financial Balance	−707 000	−718 000	−2 003 000	−2 053 000
Earnings Before Tax	814 000	6 731 000	16 491 000	1 244 000
Tax	186 000	1 490 000	3 628 000	274 000
Net Income	628 000	5 241 000	12 863 000	971 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 082 000	28 943 000	33 926 000	76 392 000
Total Current Assets	1 468 000	8 468 000	5 484 000	571 000
Total Assets	30 550 000	37 411 000	39 410 000	76 963 000
Total Retained Equity	13 518 000	13 120 000	9 729 000	82 000
Total Equity	13 618 000	13 220 000	9 829 000	182 000
Total Long-Term Debt	16 500 000	13 474 000	25 690 000	29 657 000
Total Current Debt	433 000	10 717 000	3 891 000	47 124 000
Total Equity and Debt	30 550 000	37 411 000	39 410 000	76 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 003 000	23 280 000	114 380 000	13 357 000
Other Income	216 000	196 000	83 000	0
Revenue	12 219 000	23 476 000	114 463 000	13 357 000
Cost of Goods Sold	10 498 000	15 811 000	95 437 000	9 902 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 699 000	16 027 000	95 969 000	10 059 000
Operating Profit	1 520 000	7 449 000	18 494 000	3 298 000
Financial Income	235 000	309 000	54 000	1 000
Financial Costs	942 000	1 027 000	2 057 000	2 054 000
Financial Balance	−707 000	−718 000	−2 003 000	−2 053 000
Dividends	230 000	1 850 000	3 216 000	0
Net Income	628 000	5 241 000	12 863 000	971 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 785 000	24 631 000	32 474 000	76 340 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	22 785 000	24 631 000	32 474 000	76 340 000
Total Fiancial Fixed Assets	6 298 000	4 312 000	1 452 000	52 000
Total Fixed Assets	29 082 000	28 943 000	33 926 000	76 392 000
Stock	554 000	7 551 000	0	0
Total Investments	0	0	0	0
Cash, Bank	919 000	176 000	93 000	461 000
Total Current Assets	1 468 000	8 468 000	5 484 000	571 000
Total Assets	30 550 000	37 411 000	39 410 000	76 963 000
Total Equity	13 618 000	13 220 000	9 829 000	182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 500 000	13 474 000	25 690 000	29 657 000
Creditors	17 000	53 000	4 455 000	9 017 000
Unpaid Taxes	0	0	0	0
Dividends	230 000	1 850 000	3 216 000	0
Other Current Debt	0	104 000	0	9 768 000
Total Current Debt	433 000	10 717 000	3 891 000	47 124 000
Total Equity and Debt	30 550 000	37 411 000	39 410 000	76 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,61 %	39,64 %	130,87 %	533,52 %
Debt-to-Equity Ratio	1,21	1,02	2,61	162,95
Operating Profit Margin	12,44 %	31,73 %	16,16 %	24,69 %
Current Ratio	3,39	0,79	1,41	0,01
Quick Ratio	−12,13	2,67	1,41	0,01
Equity Ratio	0,45	0,35	0,25	0
Gross Profit Margin	14,08 %	32,65 %	16,62 %	25,87 %