FRANTZEN EIENDOM SORTLAND AS

8402 SORTLAND

Finances

Return on Equity

7,51 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 063 000	3 513 000	3 129 000	17 554 000
Net Income	464 000	−724 000	−2 118 000	9 223 000
Total Assets	13 286 000	12 434 000	13 096 000	16 297 000
Total Equity	6 175 000	6 411 000	7 135 000	9 253 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 063 000	3 513 000	3 129 000	17 554 000
Expenditure	1 704 000	4 328 000	4 563 000	5 542 000
Operating Profit	−642 000	−815 000	−1 434 000	12 012 000
Financial Income	1 100 000	0	1 148 000	13 000
Financial Costs	164 000	113 000	2 115 000	300 000
Financial Balance	936 000	−113 000	−967 000	−287 000
Earnings Before Tax	294 000	−928 000	−2 401 000	11 725 000
Tax	−170 000	−204 000	−283 000	2 502 000
Net Income	464 000	−724 000	−2 118 000	9 223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 344 000	10 414 000	9 819 000	12 808 000
Total Current Assets	1 942 000	2 020 000	3 277 000	3 489 000
Total Assets	13 286 000	12 434 000	13 096 000	16 297 000
Total Retained Equity	6 145 000	6 381 000	7 105 000	9 223 000
Total Equity	6 175 000	6 411 000	7 135 000	9 253 000
Total Long-Term Debt	4 899 000	5 242 000	5 131 000	5 675 000
Total Current Debt	2 212 000	781 000	829 000	1 369 000
Total Equity and Debt	13 286 000	12 434 000	13 096 000	16 297 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	362 000	3 230 000	2 715 000	1 891 000
Other Income	700 000	283 000	413 000	15 663 000
Revenue	1 063 000	3 513 000	3 129 000	17 554 000
Cost of Goods Sold	253 000	4 000	89 000	6 000
Salary Costs	278 000	2 040 000	2 263 000	2 129 000
Depreciation	74 000	219 000	188 000	535 000
Impairment	0	0	0	0
Expenditure	1 704 000	4 328 000	4 563 000	5 542 000
Operating Profit	−642 000	−815 000	−1 434 000	12 012 000
Financial Income	1 100 000	0	1 148 000	13 000
Financial Costs	164 000	113 000	2 115 000	300 000
Financial Balance	936 000	−113 000	−967 000	−287 000
Dividends	0	0	0	0
Net Income	464 000	−724 000	−2 118 000	9 223 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 855 000	5 823 000	5 076 000	3 989 000
Machinery and Plant Facilities	103 000	333 000	386 000	0
Fixtures	3 033 000	3 540 000	3 623 000	4 739 000
Total Tangible Assets	9 176 000	9 906 000	9 323 000	8 848 000
Total Fiancial Fixed Assets	2 168 000	508 000	496 000	3 960 000
Total Fixed Assets	11 344 000	10 414 000	9 819 000	12 808 000
Stock	0	160 000	160 000	160 000
Total Investments	0	0	0	0
Cash, Bank	1 781 000	1 321 000	1 607 000	2 619 000
Total Current Assets	1 942 000	2 020 000	3 277 000	3 489 000
Total Assets	13 286 000	12 434 000	13 096 000	16 297 000
Total Equity	6 175 000	6 411 000	7 135 000	9 253 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 899 000	5 242 000	5 131 000	5 675 000
Creditors	190 000	204 000	165 000	114 000
Unpaid Taxes	0	183 000	240 000	125 000
Dividends	0	0	0	0
Other Current Debt	2 022 000	390 000	425 000	206 000
Total Current Debt	2 212 000	781 000	829 000	1 369 000
Total Equity and Debt	13 286 000	12 434 000	13 096 000	16 297 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,51 %	−11,29 %	−29,68 %	99,68 %
Debt-to-Equity Ratio	0,79	0,82	0,72	0,61
Operating Profit Margin	−60,4 %	−23,2 %	−45,83 %	68,43 %
Current Ratio	0,88	2,59	3,95	2,55
Quick Ratio	0,88	3,25	4,9	2,89
Equity Ratio	0,46	0,52	0,54	0,57
Gross Profit Margin	76,2 %	99,89 %	97,16 %	99,97 %