FRAM RENHOLDERE AS

3610 KONGSBERG

Finances

Share Ownership

Return on Equity

48,33 %

Current Ratio

0,53

Debt-to-Equity Ratio

−0,91

Key figures (NOK)	2022	2021	2020
Revenue	2 564 000	1 534 000	857 000
Net Income	−159 000	−106 000	−94 000
Total Assets	604 000	648 000	248 000
Total Equity	−329 000	−170 000	−64 000

Income (NOK)	2022	2021	2020
Revenue	2 564 000	1 534 000	857 000
Expenditure	2 683 000	1 625 000	939 000
Operating Profit	−119 000	−90 000	−83 000
Financial Income	0	0	0
Financial Costs	40 000	17 000	12 000
Financial Balance	−40 000	−17 000	−12 000
Earnings Before Tax	−159 000	−106 000	−94 000
Tax	0	0	0
Net Income	−159 000	−106 000	−94 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	266 000	348 000	93 000
Total Current Assets	337 000	300 000	155 000
Total Assets	604 000	648 000	248 000
Total Retained Equity	−359 000	−200 000	−94 000
Total Equity	−329 000	−170 000	−64 000
Total Long-Term Debt	300 000	365 000	104 000
Total Current Debt	633 000	454 000	209 000
Total Equity and Debt	604 000	648 000	248 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 564 000	1 534 000	857 000
Other Income	0	0	0
Revenue	2 564 000	1 534 000	857 000
Cost of Goods Sold	10 000	26 000	3 000
Salary Costs	2 230 000	1 175 000	671 000
Depreciation	82 000	47 000	21 000
Impairment	0	0	0
Expenditure	2 683 000	1 625 000	939 000
Operating Profit	−119 000	−90 000	−83 000
Financial Income	0	0	0
Financial Costs	40 000	17 000	12 000
Financial Balance	−40 000	−17 000	−12 000
Dividends	0	0	0
Net Income	−159 000	−106 000	−94 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	259 000	341 000	86 000
Total Tangible Assets	259 000	341 000	86 000
Total Fiancial Fixed Assets	8 000	8 000	8 000
Total Fixed Assets	266 000	348 000	93 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	129 000	146 000	86 000
Total Current Assets	337 000	300 000	155 000
Total Assets	604 000	648 000	248 000
Total Equity	−329 000	−170 000	−64 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	300 000	365 000	104 000
Creditors	22 000	17 000	1 000
Unpaid Taxes	446 000	375 000	102 000
Dividends	0	0	0
Other Current Debt	165 000	61 000	106 000
Total Current Debt	633 000	454 000	209 000
Total Equity and Debt	604 000	648 000	248 000

Financial indicators	2022	2021	2020
Return on Equity	48,33 %	62,35 %	146,88 %
Debt-to-Equity Ratio	−0,91	−2,15	−1,63
Operating Profit Margin	−4,64 %	−5,87 %	−9,68 %
Current Ratio	0,53	0,66	0,74
Quick Ratio	0,53	0,66	0,74
Equity Ratio	−0,54	−0,26	−0,26
Gross Profit Margin	99,61 %	98,31 %	99,65 %