FRANKS INTERNATIONAL AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

46,29 %

Current Ratio

0,45

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	224 762 000	201 277 000	196 455 000	143 142 000
Net Income	−51 938 000	−22 941 000	−33 070 000	−49 482 000
Total Assets	148 313 000	131 846 000	114 968 000	112 446 000
Total Equity	−112 211 000	−60 273 000	−42 197 000	−12 248 000

Income (NOK)	2021	2020	2019	2018
Revenue	224 762 000	201 277 000	196 455 000	143 142 000
Expenditure	277 356 000	235 696 000	230 114 000	190 336 000
Operating Profit	−52 594 000	−34 419 000	−33 658 000	−47 194 000
Financial Income	4 878 000	10 246 000	16 933 000	10 657 000
Financial Costs	4 222 000	140 000	17 225 000	13 385 000
Financial Balance	656 000	10 106 000	−292 000	−2 728 000
Earnings Before Tax	−51 938 000	−24 313 000	−33 950 000	−49 922 000
Tax	0	−1 372 000	−880 000	−441 000
Net Income	−51 938 000	−22 941 000	−33 070 000	−49 482 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	31 898 000	30 872 000	2 152 000	2 134 000
Total Current Assets	116 416 000	100 974 000	112 817 000	110 312 000
Total Assets	148 313 000	131 846 000	114 968 000	112 446 000
Total Retained Equity	−113 211 000	−61 273 000	−43 197 000	−13 248 000
Total Equity	−112 211 000	−60 273 000	−42 197 000	−12 248 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	260 524 000	192 119 000	157 166 000	124 694 000
Total Equity and Debt	148 313 000	131 846 000	114 968 000	112 446 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	224 762 000	201 277 000	196 455 000	143 142 000
Other Income	0	0	0	0
Revenue	224 762 000	201 277 000	196 455 000	143 142 000
Cost of Goods Sold	112 115 000	90 209 000	83 395 000	89 285 000
Salary Costs	144 755 000	124 477 000	124 443 000	82 133 000
Depreciation	500 000	950 000	980 000	1 119 000
Impairment	0	0	0	0
Expenditure	277 356 000	235 696 000	230 114 000	190 336 000
Operating Profit	−52 594 000	−34 419 000	−33 658 000	−47 194 000
Financial Income	4 878 000	10 246 000	16 933 000	10 657 000
Financial Costs	4 222 000	140 000	17 225 000	13 385 000
Financial Balance	656 000	10 106 000	−292 000	−2 728 000
Dividends	0	0	0	0
Net Income	−51 938 000	−22 941 000	−33 070 000	−49 482 000

Balance details (NOK)	2021	2020	2019	2018
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	1 286 000	1 578 000	2 152 000	2 134 000
Total Tangible Assets	1 286 000	1 578 000	2 152 000	2 134 000
Total Fiancial Fixed Assets	30 612 000	29 295 000	0	0
Total Fixed Assets	31 898 000	30 872 000	2 152 000	2 134 000
Stock	7 027 000	10 946 000	12 200 000	4 395 000
Total Investments	0	0	0	0
Cash, Bank	35 013 000	35 138 000	18 311 000	20 354 000
Total Current Assets	116 416 000	100 974 000	112 817 000	110 312 000
Total Assets	148 313 000	131 846 000	114 968 000	112 446 000
Total Equity	−112 211 000	−60 273 000	−42 197 000	−12 248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	219 236 000	162 814 000	121 332 000	98 681 000
Unpaid Taxes	11 583 000	7 832 000	9 006 000	7 966 000
Dividends	0	0	0	0
Other Current Debt	29 705 000	21 473 000	26 828 000	18 047 000
Total Current Debt	260 524 000	192 119 000	157 166 000	124 694 000
Total Equity and Debt	148 313 000	131 846 000	114 968 000	112 446 000

Financial indicators	2021	2020	2019	2018
Return on Equity	46,29 %	38,06 %	78,37 %	404 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−23,4 %	−17,1 %	−17,13 %	−32,97 %
Current Ratio	0,45	0,53	0,72	0,88
Quick Ratio	0,46	0,56	0,78	0,92
Equity Ratio	−0,76	−0,46	−0,37	−0,11
Gross Profit Margin	50,12 %	55,18 %	57,55 %	37,62 %