FRANITA AS

2900 FAGERNES

Finances

Return on Equity

7,95 %

Current Ratio

3,89

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 689 000	3 617 000	3 347 000	3 597 000
Net Income	130 000	194 000	167 000	44 000
Total Assets	2 675 000	2 685 000	2 601 000	2 697 000
Total Equity	1 636 000	1 507 000	1 313 000	1 146 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 689 000	3 617 000	3 347 000	3 597 000
Expenditure	3 555 000	3 425 000	3 188 000	3 567 000
Operating Profit	133 000	192 000	160 000	30 000
Financial Income	24 000	8 000	15 000	23 000
Financial Costs	7 000	7 000	8 000	9 000
Financial Balance	17 000	1 000	7 000	14 000
Earnings Before Tax	150 000	194 000	167 000	44 000
Tax	20 000	0	0	0
Net Income	130 000	194 000	167 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 138 000	1 072 000	1 226 000	1 405 000
Total Current Assets	1 537 000	1 613 000	1 375 000	1 292 000
Total Assets	2 675 000	2 685 000	2 601 000	2 697 000
Total Retained Equity	1 486 000	1 357 000	1 163 000	996 000
Total Equity	1 636 000	1 507 000	1 313 000	1 146 000
Total Long-Term Debt	643 000	811 000	1 007 000	1 176 000
Total Current Debt	395 000	367 000	281 000	375 000
Total Equity and Debt	2 675 000	2 685 000	2 601 000	2 697 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 689 000	3 582 000	3 312 000	3 597 000
Other Income	0	35 000	35 000	0
Revenue	3 689 000	3 617 000	3 347 000	3 597 000
Cost of Goods Sold	1 988 000	1 903 000	1 774 000	1 823 000
Salary Costs	952 000	918 000	816 000	1 083 000
Depreciation	6 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	3 555 000	3 425 000	3 188 000	3 567 000
Operating Profit	133 000	192 000	160 000	30 000
Financial Income	24 000	8 000	15 000	23 000
Financial Costs	7 000	7 000	8 000	9 000
Financial Balance	17 000	1 000	7 000	14 000
Dividends	0	0	0	0
Net Income	130 000	194 000	167 000	44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 000	9 000	15 000	21 000
Total Tangible Assets	3 000	9 000	15 000	21 000
Total Fiancial Fixed Assets	1 135 000	1 063 000	1 211 000	1 384 000
Total Fixed Assets	1 138 000	1 072 000	1 226 000	1 405 000
Stock	922 000	1 063 000	1 135 000	1 225 000
Total Investments	0	0	0	0
Cash, Bank	615 000	550 000	240 000	67 000
Total Current Assets	1 537 000	1 613 000	1 375 000	1 292 000
Total Assets	2 675 000	2 685 000	2 601 000	2 697 000
Total Equity	1 636 000	1 507 000	1 313 000	1 146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	643 000	811 000	1 007 000	1 176 000
Creditors	96 000	61 000	45 000	52 000
Unpaid Taxes	116 000	116 000	89 000	145 000
Dividends	0	0	0	0
Other Current Debt	163 000	191 000	146 000	178 000
Total Current Debt	395 000	367 000	281 000	375 000
Total Equity and Debt	2 675 000	2 685 000	2 601 000	2 697 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,95 %	12,87 %	12,72 %	3,84 %
Debt-to-Equity Ratio	0,39	0,54	0,77	1,03
Operating Profit Margin	3,61 %	5,31 %	4,78 %	0,83 %
Current Ratio	3,89	4,4	4,89	3,45
Quick Ratio	−2,92	−2,32	−1,61	−1,52
Equity Ratio	0,61	0,56	0,5	0,42
Gross Profit Margin	46,11 %	47,39 %	47 %	49,32 %