FRAMTI TECHNOLOGY AS

7011 TRONDHEIM

Finances

Return on Equity

713,1 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 334 000	10 568 000	4 587 000	971 000
Net Income	10 561 000	4 494 000	1 425 000	−41 000
Total Assets	20 318 000	7 453 000	2 121 000	897 000
Total Equity	1 481 000	5 908 000	1 408 000	−16 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 334 000	10 568 000	4 587 000	971 000
Expenditure	8 401 000	5 149 000	2 903 000	1 092 000
Operating Profit	12 933 000	5 418 000	1 683 000	−121 000
Financial Income	279 000	41 000	20 000	8 000
Financial Costs	37 000	27 000	61 000	17 000
Financial Balance	242 000	14 000	−41 000	−9 000
Earnings Before Tax	13 175 000	5 432 000	1 642 000	−130 000
Tax	2 615 000	938 000	218 000	−89 000
Net Income	10 561 000	4 494 000	1 425 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	0	0	89 000
Total Current Assets	20 265 000	7 453 000	2 121 000	808 000
Total Assets	20 318 000	7 453 000	2 121 000	897 000
Total Retained Equity	1 439 000	5 878 000	1 384 000	−41 000
Total Equity	1 481 000	5 908 000	1 408 000	−16 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	18 835 000	1 545 000	713 000	914 000
Total Equity and Debt	20 318 000	7 453 000	2 121 000	897 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 121 000	10 472 000	3 950 000	971 000
Other Income	213 000	96 000	637 000	0
Revenue	21 334 000	10 568 000	4 587 000	971 000
Cost of Goods Sold	3 808 000	2 284 000	1 595 000	381 000
Salary Costs	1 760 000	1 576 000	667 000	493 000
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	8 401 000	5 149 000	2 903 000	1 092 000
Operating Profit	12 933 000	5 418 000	1 683 000	−121 000
Financial Income	279 000	41 000	20 000	8 000
Financial Costs	37 000	27 000	61 000	17 000
Financial Balance	242 000	14 000	−41 000	−9 000
Dividends	15 000 000	0	0	0
Net Income	10 561 000	4 494 000	1 425 000	−41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	89 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	0	0	0
Total Tangible Assets	53 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	53 000	0	0	89 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 158 000	5 751 000	947 000	289 000
Total Current Assets	20 265 000	7 453 000	2 121 000	808 000
Total Assets	20 318 000	7 453 000	2 121 000	897 000
Total Equity	1 481 000	5 908 000	1 408 000	−16 000
Short-Term Group Debt	2 000	0	2 000	516 000
Total Long-Term Debt	2 000	0	0	0
Creditors	1 146 000	701 000	287 000	201 000
Unpaid Taxes	1 084 000	650 000	345 000	139 000
Dividends	15 000 000	0	0	0
Other Current Debt	280 000	194 000	78 000	58 000
Total Current Debt	18 835 000	1 545 000	713 000	914 000
Total Equity and Debt	20 318 000	7 453 000	2 121 000	897 000

Financial indicators	2022	2021	2020	2019
Return on Equity	713,1 %	76,07 %	101,21 %	256,25 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	60,62 %	51,27 %	36,69 %	−12,46 %
Current Ratio	1,08	4,82	2,97	0,88
Quick Ratio	1,08	4,82	2,97	0,88
Equity Ratio	0,07	0,79	0,66	−0,02
Gross Profit Margin	82,15 %	78,39 %	65,23 %	60,76 %