THOMAS FRAMNES HOLDING AS

2821 GJØVIK

Finances

Return on Equity

15,58 %

Current Ratio

4,9

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	86 922 000	50 491 000	29 220 000	5 111 000
Net Income	3 921 000	6 496 000	2 693 000	−1 267 000
Total Assets	48 036 000	40 816 000	24 719 000	25 703 000
Total Equity	25 167 000	21 756 000	15 261 000	12 568 000

Income (NOK)	2022	2021	2020	2019
Revenue	86 922 000	50 491 000	29 220 000	5 111 000
Expenditure	81 203 000	42 160 000	25 718 000	6 670 000
Operating Profit	5 720 000	8 331 000	3 502 000	−1 559 000
Financial Income	21 000	16 000	10 000	6 000
Financial Costs	548 000	17 000	61 000	66 000
Financial Balance	−527 000	−1 000	−51 000	−60 000
Earnings Before Tax	5 194 000	8 330 000	3 452 000	−1 618 000
Tax	1 273 000	1 834 000	759 000	−351 000
Net Income	3 921 000	6 496 000	2 693 000	−1 267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 992 000	21 502 000	14 937 000	24 265 000
Total Current Assets	26 044 000	19 314 000	9 782 000	1 438 000
Total Assets	48 036 000	40 816 000	24 719 000	25 703 000
Total Retained Equity	11 315 000	7 904 000	1 408 000	−1 284 000
Total Equity	25 167 000	21 756 000	15 261 000	12 568 000
Total Long-Term Debt	17 553 000	15 362 000	8 174 000	12 470 000
Total Current Debt	5 316 000	3 698 000	1 285 000	665 000
Total Equity and Debt	48 036 000	40 816 000	24 719 000	25 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	85 510 000	49 550 000	28 444 000	4 199 000
Other Income	1 412 000	941 000	776 000	912 000
Revenue	86 922 000	50 491 000	29 220 000	5 111 000
Cost of Goods Sold	71 825 000	37 043 000	22 457 000	2 538 000
Salary Costs	2 911 000	2 209 000	1 217 000	755 000
Depreciation	270 000	268 000	418 000	621 000
Impairment	100 000	0	0	2 095 000
Expenditure	81 203 000	42 160 000	25 718 000	6 670 000
Operating Profit	5 720 000	8 331 000	3 502 000	−1 559 000
Financial Income	21 000	16 000	10 000	6 000
Financial Costs	548 000	17 000	61 000	66 000
Financial Balance	−527 000	−1 000	−51 000	−60 000
Dividends	0	0	0	0
Net Income	3 921 000	6 496 000	2 693 000	−1 267 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	265 000	391 000	436 000
Real Eastate	4 299 000	2 472 000	2 434 000	18 215 000
Machinery and Plant Facilities	0	440 000	337 000	0
Fixtures	673 000	759 000	638 000	819 000
Total Tangible Assets	4 971 000	3 670 000	3 409 000	19 034 000
Total Fiancial Fixed Assets	17 021 000	17 567 000	11 137 000	4 795 000
Total Fixed Assets	21 992 000	21 502 000	14 937 000	24 265 000
Stock	21 580 000	14 071 000	6 388 000	96 000
Total Investments	0	0	0	0
Cash, Bank	119 000	3 223 000	270 000	98 000
Total Current Assets	26 044 000	19 314 000	9 782 000	1 438 000
Total Assets	48 036 000	40 816 000	24 719 000	25 703 000
Total Equity	25 167 000	21 756 000	15 261 000	12 568 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 553 000	15 362 000	8 174 000	12 470 000
Creditors	915 000	910 000	302 000	304 000
Unpaid Taxes	676 000	638 000	119 000	83 000
Dividends	0	0	0	0
Other Current Debt	866 000	442 000	150 000	277 000
Total Current Debt	5 316 000	3 698 000	1 285 000	665 000
Total Equity and Debt	48 036 000	40 816 000	24 719 000	25 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,58 %	29,86 %	17,65 %	−10,08 %
Debt-to-Equity Ratio	0,7	0,71	0,54	0,99
Operating Profit Margin	6,58 %	16,5 %	11,98 %	−30,5 %
Current Ratio	4,9	5,22	7,61	2,16
Quick Ratio	−1,6	−1,86	−1,92	2,53
Equity Ratio	0,52	0,53	0,62	0,49
Gross Profit Margin	17,37 %	26,63 %	23,15 %	50,34 %