FRAMNES TRADING AS

4517 MANDAL

Finances

Return on Equity

24,75 %

Current Ratio

2,8

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 241 000	10 236 000	5 717 000	3 745 000
Net Income	473 000	239 000	20 000	3 000
Total Assets	3 989 000	3 626 000	3 585 000	3 001 000
Total Equity	1 911 000	1 938 000	1 699 000	1 679 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 241 000	10 236 000	5 717 000	3 745 000
Expenditure	7 593 000	9 892 000	5 622 000	3 677 000
Operating Profit	648 000	344 000	95 000	68 000
Financial Income	1 000	0	3 000	0
Financial Costs	54 000	41 000	57 000	65 000
Financial Balance	−53 000	−41 000	−54 000	−65 000
Earnings Before Tax	594 000	303 000	41 000	4 000
Tax	121 000	64 000	21 000	1 000
Net Income	473 000	239 000	20 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 061 000	1 139 000	1 204 000	1 231 000
Total Current Assets	2 928 000	2 487 000	2 381 000	1 770 000
Total Assets	3 989 000	3 626 000	3 585 000	3 001 000
Total Retained Equity	1 811 000	1 838 000	1 599 000	1 579 000
Total Equity	1 911 000	1 938 000	1 699 000	1 679 000
Total Long-Term Debt	1 033 000	1 095 000	1 164 000	1 216 000
Total Current Debt	1 045 000	594 000	721 000	106 000
Total Equity and Debt	3 989 000	3 626 000	3 585 000	3 001 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 121 000	10 195 000	5 819 000	3 745 000
Other Income	120 000	41 000	−102 000	0
Revenue	8 241 000	10 236 000	5 717 000	3 745 000
Cost of Goods Sold	5 390 000	7 316 000	3 914 000	1 885 000
Salary Costs	606 000	564 000	565 000	437 000
Depreciation	48 000	78 000	38 000	92 000
Impairment	0	0	0	0
Expenditure	7 593 000	9 892 000	5 622 000	3 677 000
Operating Profit	648 000	344 000	95 000	68 000
Financial Income	1 000	0	3 000	0
Financial Costs	54 000	41 000	57 000	65 000
Financial Balance	−53 000	−41 000	−54 000	−65 000
Dividends	500 000	0	0	0
Net Income	473 000	239 000	20 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	21 000
Real Eastate	1 011 000	980 000	1 011 000	1 025 000
Machinery and Plant Facilities	0	58 000	8 000	14 000
Fixtures	15 000	25 000	67 000	69 000
Total Tangible Assets	1 026 000	1 063 000	1 086 000	1 108 000
Total Fiancial Fixed Assets	35 000	76 000	119 000	102 000
Total Fixed Assets	1 061 000	1 139 000	1 204 000	1 231 000
Stock	1 814 000	1 767 000	1 105 000	1 519 000
Total Investments	3 000	3 000	3 000	3 000
Cash, Bank	797 000	163 000	531 000	−190 000
Total Current Assets	2 928 000	2 487 000	2 381 000	1 770 000
Total Assets	3 989 000	3 626 000	3 585 000	3 001 000
Total Equity	1 911 000	1 938 000	1 699 000	1 679 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 033 000	1 095 000	1 164 000	1 216 000
Creditors	225 000	258 000	564 000	47 000
Unpaid Taxes	60 000	30 000	98 000	144 000
Dividends	500 000	0	0	0
Other Current Debt	647 000	52 000	60 000	−85 000
Total Current Debt	1 045 000	594 000	721 000	106 000
Total Equity and Debt	3 989 000	3 626 000	3 585 000	3 001 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,75 %	12,33 %	1,18 %	0,18 %
Debt-to-Equity Ratio	0,54	0,57	0,69	0,72
Operating Profit Margin	7,86 %	3,36 %	1,66 %	1,82 %
Current Ratio	2,8	4,19	3,3	16,7
Quick Ratio	−3,81	−2,12	−6,2	−1,25
Equity Ratio	0,48	0,53	0,47	0,56
Gross Profit Margin	34,6 %	28,53 %	31,54 %	49,67 %