FRANOR AS

4055 SOLA

Finances

Share Ownership

Return on Equity

−28,87 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 882 000	2 490 000	3 182 000	2 868 000
Net Income	−138 000	−329 000	−3 000	−467 000
Total Assets	979 000	915 000	1 151 000	1 495 000
Total Equity	478 000	615 000	944 000	947 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 882 000	2 490 000	3 182 000	2 868 000
Expenditure	1 806 000	2 909 000	3 164 000	3 457 000
Operating Profit	75 000	−419 000	17 000	−590 000
Financial Income	33 000	32 000	56 000	25 000
Financial Costs	28 000	35 000	75 000	31 000
Financial Balance	5 000	−3 000	−19 000	−6 000
Earnings Before Tax	80 000	−422 000	−2 000	−595 000
Tax	218 000	−93 000	1 000	−129 000
Net Income	−138 000	−329 000	−3 000	−467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	218 000	125 000	126 000
Total Current Assets	979 000	697 000	1 027 000	1 369 000
Total Assets	979 000	915 000	1 151 000	1 495 000
Total Retained Equity	378 000	515 000	844 000	847 000
Total Equity	478 000	615 000	944 000	947 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	502 000	300 000	207 000	548 000
Total Equity and Debt	979 000	915 000	1 151 000	1 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 882 000	2 490 000	3 182 000	2 868 000
Other Income	0	0	0	0
Revenue	1 882 000	2 490 000	3 182 000	2 868 000
Cost of Goods Sold	1 295 000	1 703 000	1 790 000	1 888 000
Salary Costs	294 000	982 000	1 098 000	1 192 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 806 000	2 909 000	3 164 000	3 457 000
Operating Profit	75 000	−419 000	17 000	−590 000
Financial Income	33 000	32 000	56 000	25 000
Financial Costs	28 000	35 000	75 000	31 000
Financial Balance	5 000	−3 000	−19 000	−6 000
Dividends	0	0	0	500 000
Net Income	−138 000	−329 000	−3 000	−467 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	218 000	125 000	126 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	218 000	125 000	126 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	760 000	682 000	1 027 000	856 000
Total Current Assets	979 000	697 000	1 027 000	1 369 000
Total Assets	979 000	915 000	1 151 000	1 495 000
Total Equity	478 000	615 000	944 000	947 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	364 000	137 000	20 000	262 000
Unpaid Taxes	30 000	61 000	74 000	140 000
Dividends	0	0	0	500 000
Other Current Debt	107 000	101 000	113 000	145 000
Total Current Debt	502 000	300 000	207 000	548 000
Total Equity and Debt	979 000	915 000	1 151 000	1 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,87 %	−53,5 %	−0,32 %	−49,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,99 %	−16,83 %	0,53 %	−20,57 %
Current Ratio	1,95	2,32	4,96	2,5
Quick Ratio	1,95	2,32	4,96	2,5
Equity Ratio	0,49	0,67	0,82	0,63
Gross Profit Margin	31,19 %	31,61 %	43,75 %	34,17 %