FRANTZEN AS

9990 BÅTSFJORD

Finances

Share Ownership

Return on Equity

52,98 %

Current Ratio

0,21

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 890 000	7 568 000	3 806 000	2 469 000
Net Income	1 699 000	2 165 000	−1 108 000	−352 000
Total Assets	6 429 000	6 512 000	10 682 000	5 770 000
Total Equity	3 207 000	1 508 000	−657 000	452 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 890 000	7 568 000	3 806 000	2 469 000
Expenditure	2 501 000	4 812 000	4 646 000	2 649 000
Operating Profit	2 390 000	2 756 000	−840 000	−179 000
Financial Income	15 000	1 000	1 000	0
Financial Costs	226 000	260 000	303 000	272 000
Financial Balance	−211 000	−259 000	−302 000	−272 000
Earnings Before Tax	2 178 000	2 498 000	−1 143 000	−451 000
Tax	479 000	333 000	−34 000	−99 000
Net Income	1 699 000	2 165 000	−1 108 000	−352 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 179 000	6 307 000	10 500 000	5 020 000
Total Current Assets	251 000	205 000	182 000	750 000
Total Assets	6 429 000	6 512 000	10 682 000	5 770 000
Total Retained Equity	2 887 000	1 188 000	−977 000	132 000
Total Equity	3 207 000	1 508 000	−657 000	452 000
Total Long-Term Debt	2 022 000	4 162 000	10 603 000	5 017 000
Total Current Debt	1 201 000	842 000	736 000	301 000
Total Equity and Debt	6 429 000	6 512 000	10 682 000	5 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 690 000	3 018 000	3 511 000	2 469 000
Other Income	3 200 000	4 550 000	295 000	0
Revenue	4 890 000	7 568 000	3 806 000	2 469 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	883 000	1 296 000	1 810 000	1 220 000
Depreciation	509 000	559 000	560 000	375 000
Impairment	0	0	0	0
Expenditure	2 501 000	4 812 000	4 646 000	2 649 000
Operating Profit	2 390 000	2 756 000	−840 000	−179 000
Financial Income	15 000	1 000	1 000	0
Financial Costs	226 000	260 000	303 000	272 000
Financial Balance	−211 000	−259 000	−302 000	−272 000
Dividends	0	0	0	0
Net Income	1 699 000	2 165 000	−1 108 000	−352 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	300 000	850 000	850 000
Real Eastate	0	0	95 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 083 000	1 116 000	884 000	764 000
Total Tangible Assets	5 366 000	5 907 000	9 650 000	4 170 000
Total Fiancial Fixed Assets	812 000	100 000	0	0
Total Fixed Assets	6 179 000	6 307 000	10 500 000	5 020 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	160 000	60 000	127 000	0
Total Current Assets	251 000	205 000	182 000	750 000
Total Assets	6 429 000	6 512 000	10 682 000	5 770 000
Total Equity	3 207 000	1 508 000	−657 000	452 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 022 000	4 162 000	10 603 000	5 017 000
Creditors	327 000	302 000	99 000	1 000
Unpaid Taxes	82 000	231 000	173 000	69 000
Dividends	0	0	0	0
Other Current Debt	5 000	15 000	98 000	98 000
Total Current Debt	1 201 000	842 000	736 000	301 000
Total Equity and Debt	6 429 000	6 512 000	10 682 000	5 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,98 %	143,57 %	168,65 %	−77,88 %
Debt-to-Equity Ratio	0,63	2,76	−16,14	11,1
Operating Profit Margin	48,88 %	36,42 %	−22,07 %	−7,25 %
Current Ratio	0,21	0,24	0,25	2,49
Quick Ratio	0,21	0,24	0,25	2,49
Equity Ratio	0,5	0,23	−0,06	0,08
Gross Profit Margin	100 %	100 %	100 %	99,96 %