FRAM GRIMELI AS

3536 NORESUND

Finances

Share Ownership

Return on Equity

88,3 %

Current Ratio

0,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 199 000	423 000	494 000	528 000
Net Income	694 000	36 000	278 000	275 000
Total Assets	2 189 000	2 701 000	2 475 000	2 996 000
Total Equity	786 000	788 000	751 000	474 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 199 000	423 000	494 000	528 000
Expenditure	292 000	250 000	201 000	235 000
Operating Profit	907 000	174 000	293 000	293 000
Financial Income	0	0	0	0
Financial Costs	15 000	17 000	1 000	2 000
Financial Balance	−15 000	−17 000	−1 000	−2 000
Earnings Before Tax	892 000	157 000	292 000	291 000
Tax	198 000	120 000	14 000	17 000
Net Income	694 000	36 000	278 000	275 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 172 000	2 089 000	2 109 000	2 131 000
Total Current Assets	17 000	613 000	366 000	865 000
Total Assets	2 189 000	2 701 000	2 475 000	2 996 000
Total Retained Equity	756 000	758 000	721 000	444 000
Total Equity	786 000	788 000	751 000	474 000
Total Long-Term Debt	0	0	2 000	5 000
Total Current Debt	1 402 000	1 913 000	1 722 000	2 517 000
Total Equity and Debt	2 189 000	2 701 000	2 475 000	2 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 199 000	903 000	520 000	760 000
Other Income	0	−480 000	−26 000	−232 000
Revenue	1 199 000	423 000	494 000	528 000
Cost of Goods Sold	0	38 000	0	0
Salary Costs	0	0	0	0
Depreciation	38 000	22 000	22 000	22 000
Impairment	0	0	0	0
Expenditure	292 000	250 000	201 000	235 000
Operating Profit	907 000	174 000	293 000	293 000
Financial Income	0	0	0	0
Financial Costs	15 000	17 000	1 000	2 000
Financial Balance	−15 000	−17 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	694 000	36 000	278 000	275 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	2 061 000	2 071 000	2 081 000	2 091 000
Machinery and Plant Facilities	111 000	16 000	28 000	40 000
Fixtures	0	0	0	0
Total Tangible Assets	2 172 000	2 087 000	2 109 000	2 131 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 172 000	2 089 000	2 109 000	2 131 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	18 000	1 000	1 000
Total Current Assets	17 000	613 000	366 000	865 000
Total Assets	2 189 000	2 701 000	2 475 000	2 996 000
Total Equity	786 000	788 000	751 000	474 000
Short-Term Group Debt	1 171 000	0	0	0
Total Long-Term Debt	0	0	2 000	5 000
Creditors	−3 000	73 000	78 000	39 000
Unpaid Taxes	234 000	188 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 614 000	1 586 000	2 416 000
Total Current Debt	1 402 000	1 913 000	1 722 000	2 517 000
Total Equity and Debt	2 189 000	2 701 000	2 475 000	2 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,3 %	4,57 %	37,02 %	58,02 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	75,65 %	41,13 %	59,31 %	55,49 %
Current Ratio	0,01	0,32	0,21	0,34
Quick Ratio	0,01	0,32	0,21	0,34
Equity Ratio	0,36	0,29	0,3	0,16
Gross Profit Margin	100 %	91,02 %	100 %	100 %