FRANK FLÅTEN UTVIKLING AS

6856 SOGNDAL

Finances

Return on Equity

−83,67 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 000	22 000	0	0
Net Income	41 000	−78 000	−40 000	−22 000
Total Assets	82 000	34 000	34 000	107 000
Total Equity	−49 000	−90 000	−12 000	28 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 000	22 000	0	0
Expenditure	16 000	2 000	2 000	25 000
Operating Profit	29 000	21 000	−2 000	−25 000
Financial Income	31 000	7 000	0	3 000
Financial Costs	20 000	106 000	39 000	0
Financial Balance	11 000	−99 000	−39 000	3 000
Earnings Before Tax	41 000	−78 000	−40 000	−22 000
Tax	0	0	0	0
Net Income	41 000	−78 000	−40 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	82 000	34 000	34 000	107 000
Total Assets	82 000	34 000	34 000	107 000
Total Retained Equity	−149 000	−190 000	−112 000	−72 000
Total Equity	−49 000	−90 000	−12 000	28 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	131 000	124 000	45 000	79 000
Total Equity and Debt	82 000	34 000	34 000	107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 000	22 000	0	0
Other Income	0	0	0	0
Revenue	45 000	22 000	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	16 000	2 000	2 000	25 000
Operating Profit	29 000	21 000	−2 000	−25 000
Financial Income	31 000	7 000	0	3 000
Financial Costs	20 000	106 000	39 000	0
Financial Balance	11 000	−99 000	−39 000	3 000
Dividends	0	0	0	0
Net Income	41 000	−78 000	−40 000	−22 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	24 000	25 000	23 000	96 000
Cash, Bank	48 000	0	0	2 000
Total Current Assets	82 000	34 000	34 000	107 000
Total Assets	82 000	34 000	34 000	107 000
Total Equity	−49 000	−90 000	−12 000	28 000
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	131 000	124 000	45 000	79 000
Total Current Debt	131 000	124 000	45 000	79 000
Total Equity and Debt	82 000	34 000	34 000	107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−83,67 %	86,67 %	333,33 %	−78,57 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	64,44 %	95,45 %	-	-
Current Ratio	0,63	0,27	0,76	1,35
Quick Ratio	0,63	0,27	0,76	1,35
Equity Ratio	−0,6	−2,65	−0,35	0,26
Gross Profit Margin	100 %	100 %	-	-