FRANCO AS

5419 FITJAR

Finances

Share Ownership

Return on Equity

−32,92 %

Current Ratio

1,79

Debt-to-Equity Ratio

17,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 000	58 000	0	0
Net Income	−53 000	−12 000	0	−1 000
Total Assets	2 956 000	2 337 000	225 000	226 000
Total Equity	161 000	213 000	225 000	226 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 000	58 000	0	0
Expenditure	16 000	18 000	1 000	1 000
Operating Profit	57 000	40 000	−1 000	−1 000
Financial Income	0	0	1 000	0
Financial Costs	110 000	52 000	0	0
Financial Balance	−110 000	−52 000	1 000	0
Earnings Before Tax	−53 000	−12 000	0	−1 000
Tax	0	0	0	0
Net Income	−53 000	−12 000	0	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 905 000	2 305 000	0	216 000
Total Current Assets	50 000	32 000	225 000	10 000
Total Assets	2 956 000	2 337 000	225 000	226 000
Total Retained Equity	131 000	183 000	195 000	196 000
Total Equity	161 000	213 000	225 000	226 000
Total Long-Term Debt	2 767 000	2 120 000	0	0
Total Current Debt	28 000	4 000	0	0
Total Equity and Debt	2 956 000	2 337 000	225 000	226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	0	0	0
Other Income	72 000	58 000	0	0
Revenue	73 000	58 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 000	18 000	1 000	1 000
Operating Profit	57 000	40 000	−1 000	−1 000
Financial Income	0	0	1 000	0
Financial Costs	110 000	52 000	0	0
Financial Balance	−110 000	−52 000	1 000	0
Dividends	0	0	0	0
Net Income	−53 000	−12 000	0	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 305 000	2 305 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 305 000	2 305 000	0	0
Total Fiancial Fixed Assets	600 000	0	0	216 000
Total Fixed Assets	2 905 000	2 305 000	0	216 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	44 000	32 000	225 000	10 000
Total Current Assets	50 000	32 000	225 000	10 000
Total Assets	2 956 000	2 337 000	225 000	226 000
Total Equity	161 000	213 000	225 000	226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 767 000	2 120 000	0	0
Creditors	0	4 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	28 000	0	0	0
Total Current Debt	28 000	4 000	0	0
Total Equity and Debt	2 956 000	2 337 000	225 000	226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,92 %	−5,63 %	0 %	−0,44 %
Debt-to-Equity Ratio	17,19	9,95	0	0
Operating Profit Margin	78,08 %	68,97 %	-	-
Current Ratio	1,79	8	-	-
Quick Ratio	1,79	8	-	-
Equity Ratio	0,05	0,09	1	1
Gross Profit Margin	100 %	100 %	-	-