FRANTZEN AV LUNA AS

9952 VARDØ

Finances

Share Ownership

Return on Equity

−33,06 %

Current Ratio

2,4

Debt-to-Equity Ratio

1,74

Key figures (NOK)	2021	2020	2019
Revenue	228 000	23 000	34 000
Net Income	−41 000	−10 000	−88 000
Total Assets	365 000	251 000	181 000
Total Equity	124 000	166 000	125 000

Income (NOK)	2021	2020	2019
Revenue	228 000	23 000	34 000
Expenditure	275 000	60 000	121 000
Operating Profit	−47 000	−37 000	−88 000
Financial Income	−1 000	0	0
Financial Costs	0	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	−48 000	−37 000	−88 000
Tax	−7 000	−3 000	0
Net Income	−41 000	−10 000	−88 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	304 000	210 000	142 000
Total Current Assets	60 000	41 000	39 000
Total Assets	365 000	251 000	181 000
Total Retained Equity	−100 000	−99 000	−90 000
Total Equity	124 000	166 000	125 000
Total Long-Term Debt	216 000	35 000	0
Total Current Debt	25 000	50 000	56 000
Total Equity and Debt	365 000	251 000	181 000

Cash flow (NOK)	2021	2020	2019
Sales Income	228 000	23 000	33 000
Other Income	0	0	1 000
Revenue	228 000	23 000	34 000
Cost of Goods Sold	168 000	7 000	19 000
Salary Costs	0	0	0
Depreciation	14 000	0	10 000
Impairment	0	0	0
Expenditure	275 000	60 000	121 000
Operating Profit	−47 000	−37 000	−88 000
Financial Income	−1 000	0	0
Financial Costs	0	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	−41 000	−10 000	−88 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	3 000	0
Total Intangible Assets	11 000	3 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	50 000	50 000
Fixtures	58 000	30 000	30 000
Total Tangible Assets	58 000	80 000	80 000
Total Fiancial Fixed Assets	236 000	126 000	63 000
Total Fixed Assets	304 000	210 000	142 000
Stock	16 000	16 000	16 000
Total Investments	0	0	0
Cash, Bank	41 000	33 000	20 000
Total Current Assets	60 000	41 000	39 000
Total Assets	365 000	251 000	181 000
Total Equity	124 000	166 000	125 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	216 000	35 000	0
Creditors	25 000	7 000	16 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	42 000	40 000
Total Current Debt	25 000	50 000	56 000
Total Equity and Debt	365 000	251 000	181 000

Financial indicators	2021	2020	2019
Return on Equity	−33,06 %	−6,02 %	−70,4 %
Debt-to-Equity Ratio	1,74	0,21	0
Operating Profit Margin	−20,61 %	−160,87 %	−258,82 %
Current Ratio	2,4	0,82	0,7
Quick Ratio	6,67	1,21	0,98
Equity Ratio	0,34	0,66	0,69
Gross Profit Margin	26,32 %	69,57 %	44,12 %