FRAMO SERVICES AS

5305 FLORVÅG

Finances

Share Ownership

Return on Equity

47,29 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 054 725 000	848 703 000	788 635 000	843 320 000
Net Income	74 866 000	57 700 000	36 581 000	52 210 000
Total Assets	573 273 000	410 261 000	309 969 000	392 344 000
Total Equity	158 299 000	145 736 000	113 227 000	245 084 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 054 725 000	848 703 000	788 635 000	843 320 000
Expenditure	954 848 000	775 260 000	747 187 000	778 373 000
Operating Profit	99 878 000	73 443 000	41 447 000	64 947 000
Financial Income	5 287 000	735 000	5 156 000	1 748 000
Financial Costs	10 033 000	276 000	218 000	114 000
Financial Balance	−4 746 000	459 000	4 938 000	1 634 000
Earnings Before Tax	95 132 000	73 902 000	46 385 000	66 581 000
Tax	20 266 000	16 202 000	9 804 000	14 371 000
Net Income	74 866 000	57 700 000	36 581 000	52 210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 008 000	59 349 000	50 314 000	44 664 000
Total Current Assets	511 264 000	350 912 000	259 656 000	347 680 000
Total Assets	573 273 000	410 261 000	309 969 000	392 344 000
Total Retained Equity	148 299 000	135 736 000	103 227 000	235 084 000
Total Equity	158 299 000	145 736 000	113 227 000	245 084 000
Total Long-Term Debt	4 000 000	4 000 000	4 000 000	6 233 000
Total Current Debt	410 973 000	260 525 000	192 743 000	141 027 000
Total Equity and Debt	573 273 000	410 261 000	309 969 000	392 344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 054 725 000	848 703 000	788 635 000	842 605 000
Other Income	0	0	0	715 000
Revenue	1 054 725 000	848 703 000	788 635 000	843 320 000
Cost of Goods Sold	343 315 000	204 873 000	220 658 000	235 332 000
Salary Costs	221 048 000	210 551 000	194 142 000	208 456 000
Depreciation	4 998 000	4 637 000	3 623 000	3 103 000
Impairment	0	0	0	0
Expenditure	954 848 000	775 260 000	747 187 000	778 373 000
Operating Profit	99 878 000	73 443 000	41 447 000	64 947 000
Financial Income	5 287 000	735 000	5 156 000	1 748 000
Financial Costs	10 033 000	276 000	218 000	114 000
Financial Balance	−4 746 000	459 000	4 938 000	1 634 000
Dividends	0	0	160 000 000	0
Net Income	74 866 000	57 700 000	36 581 000	52 210 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 240 000	4 649 000	9 748 000	13 739 000
Real Eastate	0	0	304 000	0
Machinery and Plant Facilities	33 118 000	35 248 000	35 198 000	29 208 000
Fixtures	146 000	943 000	862 000	607 000
Total Tangible Assets	33 264 000	36 191 000	36 364 000	29 815 000
Total Fiancial Fixed Assets	19 504 000	18 509 000	4 202 000	1 110 000
Total Fixed Assets	62 008 000	59 349 000	50 314 000	44 664 000
Stock	195 449 000	145 748 000	114 009 000	114 346 000
Total Investments	0	0	0	0
Cash, Bank	10 996 000	9 989 000	9 354 000	9 350 000
Total Current Assets	511 264 000	350 912 000	259 656 000	347 680 000
Total Assets	573 273 000	410 261 000	309 969 000	392 344 000
Total Equity	158 299 000	145 736 000	113 227 000	245 084 000
Short-Term Group Debt	212 352 000	161 688 000	118 449 000	46 730 000
Total Long-Term Debt	4 000 000	4 000 000	4 000 000	6 233 000
Creditors	36 246 000	1 897 000	13 224 000	12 093 000
Unpaid Taxes	15 035 000	12 161 000	11 065 000	15 066 000
Dividends	0	0	160 000 000	0
Other Current Debt	139 783 000	81 061 000	49 022 000	53 341 000
Total Current Debt	410 973 000	260 525 000	192 743 000	141 027 000
Total Equity and Debt	573 273 000	410 261 000	309 969 000	392 344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,29 %	39,59 %	32,31 %	21,3 %
Debt-to-Equity Ratio	0,03	0,03	0,04	0,03
Operating Profit Margin	9,47 %	8,65 %	5,26 %	7,7 %
Current Ratio	1,24	1,35	1,35	2,47
Quick Ratio	2,37	3,06	3,3	13,03
Equity Ratio	0,28	0,36	0,37	0,62
Gross Profit Margin	67,45 %	75,86 %	72,02 %	72,09 %