FRAMIFRAA AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

−19,32 %

Current Ratio

44,6

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020
Revenue	9 000	75 000	75 000
Net Income	−34 000	−214 000	−101 000
Total Assets	231 000	266 000	−26 000
Total Equity	176 000	210 000	−76 000

Income (NOK)	2022	2021	2020
Revenue	9 000	75 000	75 000
Expenditure	43 000	289 000	174 000
Operating Profit	−34 000	−214 000	−100 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−34 000	−214 000	−101 000
Tax	0	0	0
Net Income	−34 000	−214 000	−101 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	8 000	22 000	35 000
Total Current Assets	223 000	244 000	−62 000
Total Assets	231 000	266 000	−26 000
Total Retained Equity	−354 000	−314 000	−101 000
Total Equity	176 000	210 000	−76 000
Total Long-Term Debt	50 000	50 000	50 000
Total Current Debt	5 000	5 000	0
Total Equity and Debt	231 000	266 000	−26 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 000	0	0
Other Income	0	75 000	75 000
Revenue	9 000	75 000	75 000
Cost of Goods Sold	0	0	4 000
Salary Costs	0	0	0
Depreciation	14 000	14 000	8 000
Impairment	0	0	0
Expenditure	43 000	289 000	174 000
Operating Profit	−34 000	−214 000	−100 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−34 000	−214 000	−101 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	4 000	5 000	6 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	4 000	17 000	29 000
Total Tangible Assets	4 000	17 000	29 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	8 000	22 000	35 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	223 000	244 000	−62 000
Total Current Assets	223 000	244 000	−62 000
Total Assets	231 000	266 000	−26 000
Total Equity	176 000	210 000	−76 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	50 000	50 000	50 000
Creditors	5 000	5 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	5 000	5 000	0
Total Equity and Debt	231 000	266 000	−26 000

Financial indicators	2022	2021	2020
Return on Equity	−19,32 %	−101,9 %	132,89 %
Debt-to-Equity Ratio	0,28	0,24	−0,66
Operating Profit Margin	−377,78 %	−285,33 %	−133,33 %
Current Ratio	44,6	48,8	-
Quick Ratio	44,6	48,8	-
Equity Ratio	0,76	0,79	2,92
Gross Profit Margin	100 %	100 %	94,67 %