FRANATECH AS

0157 OSLO

Finances

Share Ownership

Return on Equity

−2 950,95 %

Current Ratio

0,56

Debt-to-Equity Ratio

43,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 694 000	31 367 000	21 562 000	57 299 000
Net Income	−10 830 000	−3 393 000	−11 141 000	1 978 000
Total Assets	34 799 000	43 150 000	37 902 000	51 847 000
Total Equity	367 000	13 634 000	15 707 000	26 340 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 694 000	31 367 000	21 562 000	57 299 000
Expenditure	27 144 000	31 702 000	33 710 000	53 341 000
Operating Profit	−11 450 000	−334 000	−12 148 000	3 957 000
Financial Income	2 187 000	0	1 570 000	1 000
Financial Costs	1 413 000	3 059 000	563 000	1 980 000
Financial Balance	774 000	−3 059 000	1 007 000	−1 979 000
Earnings Before Tax	−10 676 000	−3 393 000	−11 141 000	1 978 000
Tax	154 000	0	0	0
Net Income	−10 830 000	−3 393 000	−11 141 000	1 978 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 321 000	21 981 000	22 160 000	24 434 000
Total Current Assets	10 478 000	21 169 000	15 743 000	27 413 000
Total Assets	34 799 000	43 150 000	37 902 000	51 847 000
Total Retained Equity	−46 022 000	−32 755 000	−30 682 000	−20 049 000
Total Equity	367 000	13 634 000	15 707 000	26 340 000
Total Long-Term Debt	15 844 000	3 476 000	0	0
Total Current Debt	18 588 000	26 039 000	22 195 000	25 507 000
Total Equity and Debt	34 799 000	43 150 000	37 902 000	51 847 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 694 000	31 367 000	21 562 000	57 299 000
Other Income	0	0	0	0
Revenue	15 694 000	31 367 000	21 562 000	57 299 000
Cost of Goods Sold	2 991 000	12 344 000	8 278 000	33 217 000
Salary Costs	12 651 000	12 121 000	11 719 000	6 628 000
Depreciation	2 528 000	3 336 000	4 130 000	2 437 000
Impairment	0	0	0	0
Expenditure	27 144 000	31 702 000	33 710 000	53 341 000
Operating Profit	−11 450 000	−334 000	−12 148 000	3 957 000
Financial Income	2 187 000	0	1 570 000	1 000
Financial Costs	1 413 000	3 059 000	563 000	1 980 000
Financial Balance	774 000	−3 059 000	1 007 000	−1 979 000
Dividends	0	0	0	0
Net Income	−10 830 000	−3 393 000	−11 141 000	1 978 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 383 000	19 689 000	15 464 000	18 242 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 937 000	2 292 000	6 696 000	6 192 000
Total Tangible Assets	2 937 000	2 292 000	6 696 000	6 192 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 321 000	21 981 000	22 160 000	24 434 000
Stock	5 097 000	2 319 000	8 405 000	10 685 000
Total Investments	0	0	0	0
Cash, Bank	1 778 000	1 970 000	1 145 000	740 000
Total Current Assets	10 478 000	21 169 000	15 743 000	27 413 000
Total Assets	34 799 000	43 150 000	37 902 000	51 847 000
Total Equity	367 000	13 634 000	15 707 000	26 340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 844 000	3 476 000	0	0
Creditors	1 795 000	2 243 000	1 227 000	3 356 000
Unpaid Taxes	209 000	118 000	106 000	106 000
Dividends	0	0	0	0
Other Current Debt	5 806 000	9 455 000	6 130 000	4 396 000
Total Current Debt	18 588 000	26 039 000	22 195 000	25 507 000
Total Equity and Debt	34 799 000	43 150 000	37 902 000	51 847 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 950,95 %	−24,89 %	−70,93 %	7,51 %
Debt-to-Equity Ratio	43,17	0,25	0	0
Operating Profit Margin	−72,96 %	−1,06 %	−56,34 %	6,91 %
Current Ratio	0,56	0,81	0,71	1,07
Quick Ratio	0,78	0,89	1,14	1,85
Equity Ratio	0,01	0,32	0,41	0,51
Gross Profit Margin	80,94 %	60,65 %	61,61 %	42,03 %