FRANCHE MARINE AS

3940 PORSGRUNN

Finances

Share Ownership

Return on Equity

10,75 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 055 000	769 000	1 245 000	713 000
Net Income	23 000	−10 000	178 000	−73 000
Total Assets	710 000	488 000	695 000	237 000
Total Equity	214 000	191 000	202 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 055 000	769 000	1 245 000	713 000
Expenditure	1 031 000	780 000	1 066 000	787 000
Operating Profit	23 000	−10 000	178 000	−73 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	23 000	−10 000	178 000	−73 000
Tax	0	0	0	0
Net Income	23 000	−10 000	178 000	−73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	710 000	488 000	695 000	237 000
Total Assets	710 000	488 000	695 000	237 000
Total Retained Equity	114 000	91 000	102 000	−77 000
Total Equity	214 000	191 000	202 000	23 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	496 000	296 000	493 000	214 000
Total Equity and Debt	710 000	488 000	695 000	237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 055 000	769 000	1 245 000	713 000
Other Income	0	0	0	0
Revenue	1 055 000	769 000	1 245 000	713 000
Cost of Goods Sold	0	0	0	0
Salary Costs	784 000	641 000	901 000	617 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 031 000	780 000	1 066 000	787 000
Operating Profit	23 000	−10 000	178 000	−73 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	23 000	−10 000	178 000	−73 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	710 000	488 000	695 000	237 000
Total Current Assets	710 000	488 000	695 000	237 000
Total Assets	710 000	488 000	695 000	237 000
Total Equity	214 000	191 000	202 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	110 000	90 000	112 000	0
Unpaid Taxes	386 000	206 000	381 000	214 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	496 000	296 000	493 000	214 000
Total Equity and Debt	710 000	488 000	695 000	237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,75 %	−5,24 %	88,12 %	−317,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,18 %	−1,3 %	14,3 %	−10,24 %
Current Ratio	1,43	1,65	1,41	1,11
Quick Ratio	1,43	1,65	1,41	1,11
Equity Ratio	0,3	0,39	0,29	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %