FRAM IT AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

38,08 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 058 000	5 498 000	5 055 000	3 637 000
Net Income	278 000	375 000	215 000	483 000
Total Assets	2 152 000	1 981 000	2 352 000	1 512 000
Total Equity	730 000	451 000	876 000	661 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 058 000	5 498 000	5 055 000	3 637 000
Expenditure	4 701 000	5 018 000	4 779 000	3 017 000
Operating Profit	357 000	481 000	276 000	620 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	357 000	481 000	276 000	620 000
Tax	79 000	106 000	61 000	136 000
Net Income	278 000	375 000	215 000	483 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 152 000	1 981 000	2 352 000	1 512 000
Total Assets	2 152 000	1 981 000	2 352 000	1 512 000
Total Retained Equity	700 000	421 000	846 000	631 000
Total Equity	730 000	451 000	876 000	661 000
Total Long-Term Debt	0	0	3 000	2 000
Total Current Debt	1 422 000	1 529 000	1 473 000	849 000
Total Equity and Debt	2 152 000	1 981 000	2 352 000	1 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 058 000	5 498 000	5 055 000	3 637 000
Other Income	0	0	0	0
Revenue	5 058 000	5 498 000	5 055 000	3 637 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 518 000	4 856 000	4 605 000	2 782 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 701 000	5 018 000	4 779 000	3 017 000
Operating Profit	357 000	481 000	276 000	620 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	278 000	375 000	215 000	483 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 392 000	1 020 000	1 694 000	1 018 000
Total Current Assets	2 152 000	1 981 000	2 352 000	1 512 000
Total Assets	2 152 000	1 981 000	2 352 000	1 512 000
Total Equity	730 000	451 000	876 000	661 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	2 000
Creditors	61 000	44 000	48 000	40 000
Unpaid Taxes	896 000	1 056 000	1 001 000	430 000
Dividends	0	0	0	0
Other Current Debt	386 000	321 000	363 000	245 000
Total Current Debt	1 422 000	1 529 000	1 473 000	849 000
Total Equity and Debt	2 152 000	1 981 000	2 352 000	1 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,08 %	83,15 %	24,54 %	73,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,06 %	8,75 %	5,46 %	17,05 %
Current Ratio	1,51	1,3	1,6	1,78
Quick Ratio	1,51	1,3	1,6	1,78
Equity Ratio	0,34	0,23	0,37	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %