FRANKS TANK AS

4015 STAVANGER

Finances

Return on Equity

−2,67 %

Current Ratio

160,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−275 000	685 000	343 000	412 000
Total Assets	10 348 000	10 623 000	9 938 000	9 595 000
Total Equity	10 284 000	10 560 000	9 874 000	9 532 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	0	0	0	47 000
Operating Profit	0	0	0	−47 000
Financial Income	182 000	893 000	343 000	1 016 000
Financial Costs	457 000	208 000	0	552 000
Financial Balance	−275 000	685 000	343 000	464 000
Earnings Before Tax	−275 000	685 000	343 000	417 000
Tax	0	0	0	5 000
Net Income	−275 000	685 000	343 000	412 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	80 000	4 040 000	3 973 000
Total Current Assets	10 268 000	10 543 000	5 898 000	5 622 000
Total Assets	10 348 000	10 623 000	9 938 000	9 595 000
Total Retained Equity	10 084 000	10 360 000	9 674 000	9 332 000
Total Equity	10 284 000	10 560 000	9 874 000	9 532 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	64 000	64 000	64 000	64 000
Total Equity and Debt	10 348 000	10 623 000	9 938 000	9 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	0	0	47 000
Operating Profit	0	0	0	−47 000
Financial Income	182 000	893 000	343 000	1 016 000
Financial Costs	457 000	208 000	0	552 000
Financial Balance	−275 000	685 000	343 000	464 000
Dividends	0	0	0	0
Net Income	−275 000	685 000	343 000	412 000

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	80 000	80 000	4 040 000	3 973 000
Total Fixed Assets	80 000	80 000	4 040 000	3 973 000
Stock	0	0	0	0
Total Investments	5 798 000	3 226 000	1 962 000	1 716 000
Cash, Bank	226 000	3 467 000	3 699 000	3 668 000
Total Current Assets	10 268 000	10 543 000	5 898 000	5 622 000
Total Assets	10 348 000	10 623 000	9 938 000	9 595 000
Total Equity	10 284 000	10 560 000	9 874 000	9 532 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	64 000	64 000	64 000	64 000
Total Current Debt	64 000	64 000	64 000	64 000
Total Equity and Debt	10 348 000	10 623 000	9 938 000	9 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,67 %	6,49 %	3,47 %	4,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	160,44	164,73	92,16	87,84
Quick Ratio	160,44	164,73	92,16	87,84
Equity Ratio	0,99	0,99	0,99	0,99
Gross Profit Margin	-	-	-	-