FRANK EIENDOM AS

1449 DRØBAK

Finances

Return on Equity

−2,08 %

Current Ratio

4,3

Debt-to-Equity Ratio

4,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 556 000	998 000	699 000	123 000
Net Income	−479 000	602 000	16 000	−2 801 000
Total Assets	134 651 000	82 394 000	79 444 000	68 979 000
Total Equity	23 048 000	8 951 000	8 965 000	9 704 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 556 000	998 000	699 000	123 000
Expenditure	24 820 000	784 000	2 571 000	4 988 000
Operating Profit	3 736 000	214 000	−1 872 000	−4 864 000
Financial Income	262 000	3 488 000	3 443 000	3 511 000
Financial Costs	4 534 000	2 827 000	1 979 000	2 131 000
Financial Balance	−4 272 000	661 000	1 464 000	1 380 000
Earnings Before Tax	−535 000	875 000	−408 000	−3 484 000
Tax	−56 000	273 000	−423 000	−683 000
Net Income	−479 000	602 000	16 000	−2 801 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	118 080 000	78 284 000	74 354 000	66 447 000
Total Current Assets	16 571 000	4 110 000	5 090 000	2 532 000
Total Assets	134 651 000	82 394 000	79 444 000	68 979 000
Total Retained Equity	15 660 000	8 405 000	8 419 000	−1 558 000
Total Equity	23 048 000	8 951 000	8 965 000	9 704 000
Total Long-Term Debt	107 753 000	72 089 000	69 269 000	58 769 000
Total Current Debt	3 850 000	1 354 000	1 210 000	507 000
Total Equity and Debt	134 651 000	82 394 000	79 444 000	68 979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 017 000	998 000	699 000	123 000
Other Income	9 540 000	0	0	0
Revenue	28 556 000	998 000	699 000	123 000
Cost of Goods Sold	12 241 000	77 000	61 000	102 000
Salary Costs	5 214 000	1 464 000	1 150 000	1 081 000
Depreciation	1 873 000	0	0	0
Impairment	−566 000	0	0	0
Expenditure	24 820 000	784 000	2 571 000	4 988 000
Operating Profit	3 736 000	214 000	−1 872 000	−4 864 000
Financial Income	262 000	3 488 000	3 443 000	3 511 000
Financial Costs	4 534 000	2 827 000	1 979 000	2 131 000
Financial Balance	−4 272 000	661 000	1 464 000	1 380 000
Dividends	0	616 000	754 000	0
Net Income	−479 000	602 000	16 000	−2 801 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	267 000	0	0	0
Total Intangible Assets	2 446 000	1 124 000	1 397 000	974 000
Real Eastate	108 571 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 313 000	0	0	0
Total Tangible Assets	110 884 000	0	0	0
Total Fiancial Fixed Assets	4 750 000	77 160 000	72 957 000	65 473 000
Total Fixed Assets	118 080 000	78 284 000	74 354 000	66 447 000
Stock	12 195 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 699 000	1 345 000	2 182 000	270 000
Total Current Assets	16 571 000	4 110 000	5 090 000	2 532 000
Total Assets	134 651 000	82 394 000	79 444 000	68 979 000
Total Equity	23 048 000	8 951 000	8 965 000	9 704 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	107 753 000	72 089 000	69 269 000	58 769 000
Creditors	433 000	144 000	15 000	35 000
Unpaid Taxes	395 000	96 000	174 000	55 000
Dividends	0	616 000	754 000	0
Other Current Debt	2 836 000	498 000	267 000	417 000
Total Current Debt	3 850 000	1 354 000	1 210 000	507 000
Total Equity and Debt	134 651 000	82 394 000	79 444 000	68 979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,08 %	6,73 %	0,18 %	−28,86 %
Debt-to-Equity Ratio	4,68	8,05	7,73	6,06
Operating Profit Margin	13,08 %	21,44 %	−267,81 %	−3 954,47 %
Current Ratio	4,3	3,04	4,21	4,99
Quick Ratio	−1,99	3,04	4,21	4,99
Equity Ratio	0,17	0,11	0,11	0,14
Gross Profit Margin	57,13 %	92,28 %	91,27 %	17,07 %