FRAVAL TYRKIA AS

6006 ÅLESUND

Finances

Share Ownership

Return on Equity

−175,76 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	385 000	708 000	371 000	340 000
Net Income	−232 000	264 000	−4 000	−241 000
Total Assets	200 000	437 000	131 000	156 000
Total Equity	132 000	347 000	72 000	75 000

Income (NOK)	2022	2021	2020	2019
Revenue	385 000	708 000	371 000	340 000
Expenditure	683 000	362 000	374 000	650 000
Operating Profit	−298 000	346 000	−3 000	−310 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	1 000
Earnings Before Tax	−298 000	346 000	−4 000	−308 000
Tax	−65 000	82 000	−1 000	−68 000
Net Income	−232 000	264 000	−4 000	−241 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	38 000	85 000	84 000
Total Current Assets	106 000	399 000	46 000	72 000
Total Assets	200 000	437 000	131 000	156 000
Total Retained Equity	32 000	247 000	−28 000	−25 000
Total Equity	132 000	347 000	72 000	75 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 000	90 000	59 000	80 000
Total Equity and Debt	200 000	437 000	131 000	156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	429 000	664 000	371 000	0
Other Income	−44 000	44 000	0	340 000
Revenue	385 000	708 000	371 000	340 000
Cost of Goods Sold	0	0	0	0
Salary Costs	400 000	40 000	102 000	468 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	683 000	362 000	374 000	650 000
Operating Profit	−298 000	346 000	−3 000	−310 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−232 000	264 000	−4 000	−241 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	11 000	69 000	68 000
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	18 000	27 000	16 000	16 000
Total Fixed Assets	94 000	38 000	85 000	84 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	61 000	341 000	42 000	2 000
Total Current Assets	106 000	399 000	46 000	72 000
Total Assets	200 000	437 000	131 000	156 000
Total Equity	132 000	347 000	72 000	75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	47 000	42 000	20 000
Unpaid Taxes	12 000	8 000	8 000	11 000
Dividends	0	0	0	0
Other Current Debt	44 000	11 000	9 000	49 000
Total Current Debt	68 000	90 000	59 000	80 000
Total Equity and Debt	200 000	437 000	131 000	156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−175,76 %	76,08 %	−5,56 %	−321,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−77,4 %	48,87 %	−0,81 %	−91,18 %
Current Ratio	1,56	4,43	0,78	0,9
Quick Ratio	1,56	4,43	0,78	0,9
Equity Ratio	0,66	0,79	0,55	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %