FRANK MINILAGER AS

1449 DRØBAK

Finances

Share Ownership

Return on Equity

26,79 %

Current Ratio

0,3

Debt-to-Equity Ratio

−2,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 978 000	2 905 000	2 191 000	2 268 000
Net Income	−326 000	−446 000	−301 000	−158 000
Total Assets	2 050 000	2 010 000	1 942 000	1 672 000
Total Equity	−1 217 000	−890 000	−445 000	−144 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 978 000	2 905 000	2 191 000	2 268 000
Expenditure	3 274 000	3 405 000	2 525 000	2 417 000
Operating Profit	−295 000	−501 000	−334 000	−148 000
Financial Income	0	0	7 000	7 000
Financial Costs	124 000	71 000	59 000	62 000
Financial Balance	−124 000	−71 000	−52 000	−55 000
Earnings Before Tax	−419 000	−571 000	−386 000	−203 000
Tax	−92 000	−126 000	−85 000	−45 000
Net Income	−326 000	−446 000	−301 000	−158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 997 000	1 949 000	1 828 000	1 584 000
Total Current Assets	53 000	61 000	114 000	88 000
Total Assets	2 050 000	2 010 000	1 942 000	1 672 000
Total Retained Equity	−1 629 000	−1 303 000	−857 000	−556 000
Total Equity	−1 217 000	−890 000	−445 000	−144 000
Total Long-Term Debt	3 088 000	2 638 000	2 055 000	1 708 000
Total Current Debt	179 000	263 000	331 000	108 000
Total Equity and Debt	2 050 000	2 010 000	1 942 000	1 672 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	4 000	21 000	36 000
Other Income	2 974 000	2 901 000	2 171 000	2 233 000
Revenue	2 978 000	2 905 000	2 191 000	2 268 000
Cost of Goods Sold	2 000	0	0	0
Salary Costs	360 000	422 000	296 000	290 000
Depreciation	125 000	123 000	99 000	84 000
Impairment	0	0	0	0
Expenditure	3 274 000	3 405 000	2 525 000	2 417 000
Operating Profit	−295 000	−501 000	−334 000	−148 000
Financial Income	0	0	7 000	7 000
Financial Costs	124 000	71 000	59 000	62 000
Financial Balance	−124 000	−71 000	−52 000	−55 000
Dividends	0	0	0	0
Net Income	−326 000	−446 000	−301 000	−158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	490 000	339 000	134 000	49 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 507 000	1 610 000	1 694 000	1 535 000
Total Tangible Assets	1 507 000	1 610 000	1 694 000	1 535 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 997 000	1 949 000	1 828 000	1 584 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	50 000	105 000	74 000
Total Current Assets	53 000	61 000	114 000	88 000
Total Assets	2 050 000	2 010 000	1 942 000	1 672 000
Total Equity	−1 217 000	−890 000	−445 000	−144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 088 000	2 638 000	2 055 000	1 708 000
Creditors	66 000	171 000	247 000	18 000
Unpaid Taxes	24 000	14 000	22 000	14 000
Dividends	0	0	0	0
Other Current Debt	88 000	77 000	62 000	76 000
Total Current Debt	179 000	263 000	331 000	108 000
Total Equity and Debt	2 050 000	2 010 000	1 942 000	1 672 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,79 %	50,11 %	67,64 %	109,72 %
Debt-to-Equity Ratio	−2,54	−2,96	−4,62	−11,86
Operating Profit Margin	−9,91 %	−17,25 %	−15,24 %	−6,53 %
Current Ratio	0,3	0,23	0,34	0,81
Quick Ratio	0,3	0,23	0,34	0,81
Equity Ratio	−0,59	−0,44	−0,23	−0,09
Gross Profit Margin	99,93 %	100 %	100 %	100 %