FRANK JENSSEN KORROSJONSTEKNIKK AS

3739 SKIEN

Finances

Share Ownership

Return on Equity

−1,31 %

Current Ratio

0,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	330 000	358 000	258 000	399 000
Net Income	−16 000	−8 000	−6 000	−16 000
Total Assets	1 457 000	1 502 000	1 468 000	1 450 000
Total Equity	1 222 000	1 238 000	1 246 000	1 252 000

Income (NOK)	2022	2021	2020	2019
Revenue	330 000	358 000	258 000	399 000
Expenditure	350 000	367 000	263 000	418 000
Operating Profit	−20 000	−9 000	−5 000	−20 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	3 000	3 000	4 000	2 000
Financial Balance	−1 000	−1 000	−2 000	0
Earnings Before Tax	−21 000	−10 000	−7 000	−20 000
Tax	−5 000	−2 000	−2 000	−4 000
Net Income	−16 000	−8 000	−6 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 385 000	1 414 000	1 446 000	1 478 000
Total Current Assets	72 000	88 000	22 000	−28 000
Total Assets	1 457 000	1 502 000	1 468 000	1 450 000
Total Retained Equity	1 122 000	1 138 000	1 146 000	1 152 000
Total Equity	1 222 000	1 238 000	1 246 000	1 252 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	235 000	263 000	222 000	198 000
Total Equity and Debt	1 457 000	1 502 000	1 468 000	1 450 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	330 000	358 000	242 000	347 000
Other Income	0	0	16 000	52 000
Revenue	330 000	358 000	258 000	399 000
Cost of Goods Sold	66 000	52 000	25 000	34 000
Salary Costs	128 000	177 000	123 000	254 000
Depreciation	34 000	34 000	34 000	34 000
Impairment	0	0	0	0
Expenditure	350 000	367 000	263 000	418 000
Operating Profit	−20 000	−9 000	−5 000	−20 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	3 000	3 000	4 000	2 000
Financial Balance	−1 000	−1 000	−2 000	0
Dividends	0	0	0	0
Net Income	−16 000	−8 000	−6 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	54 000	49 000	47 000	46 000
Real Eastate	1 331 000	1 365 000	1 399 000	1 433 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 331 000	1 365 000	1 399 000	1 433 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 385 000	1 414 000	1 446 000	1 478 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	12 000	5 000	−41 000
Total Current Assets	72 000	88 000	22 000	−28 000
Total Assets	1 457 000	1 502 000	1 468 000	1 450 000
Total Equity	1 222 000	1 238 000	1 246 000	1 252 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	18 000	12 000	10 000
Unpaid Taxes	46 000	75 000	10 000	22 000
Dividends	0	0	0	0
Other Current Debt	140 000	155 000	150 000	166 000
Total Current Debt	235 000	263 000	222 000	198 000
Total Equity and Debt	1 457 000	1 502 000	1 468 000	1 450 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,31 %	−0,65 %	−0,48 %	−1,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,06 %	−2,51 %	−1,94 %	−5,01 %
Current Ratio	0,31	0,33	0,1	−0,14
Quick Ratio	0,31	0,33	0,1	−0,14
Equity Ratio	0,84	0,82	0,85	0,86
Gross Profit Margin	80 %	85,47 %	90,31 %	91,48 %