FRAJO AS

8516 NARVIK

Finances

Share Ownership

Return on Equity

−9,85 %

Current Ratio

2,7

Debt-to-Equity Ratio

−13,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	866 000	862 000	939 000	872 000
Net Income	39 000	74 000	35 000	35 000
Total Assets	5 085 000	5 016 000	5 330 000	5 383 000
Total Equity	−396 000	−435 000	−509 000	−543 000

Income (NOK)	2022	2021	2020	2019
Revenue	866 000	862 000	939 000	872 000
Expenditure	576 000	562 000	659 000	562 000
Operating Profit	290 000	300 000	280 000	310 000
Financial Income	0	0	0	0
Financial Costs	230 000	195 000	225 000	257 000
Financial Balance	−230 000	−195 000	−225 000	−257 000
Earnings Before Tax	60 000	105 000	54 000	53 000
Tax	21 000	31 000	20 000	18 000
Net Income	39 000	74 000	35 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 682 000	4 797 000	4 951 000	5 106 000
Total Current Assets	402 000	218 000	379 000	278 000
Total Assets	5 085 000	5 016 000	5 330 000	5 383 000
Total Retained Equity	−496 000	−535 000	−609 000	−643 000
Total Equity	−396 000	−435 000	−509 000	−543 000
Total Long-Term Debt	5 332 000	5 391 000	5 700 000	5 848 000
Total Current Debt	149 000	60 000	139 000	78 000
Total Equity and Debt	5 085 000	5 016 000	5 330 000	5 383 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	866 000	862 000	939 000	872 000
Revenue	866 000	862 000	939 000	872 000
Cost of Goods Sold	22 000	17 000	174 000	0
Salary Costs	0	0	0	0
Depreciation	156 000	154 000	154 000	166 000
Impairment	0	0	0	0
Expenditure	576 000	562 000	659 000	562 000
Operating Profit	290 000	300 000	280 000	310 000
Financial Income	0	0	0	0
Financial Costs	230 000	195 000	225 000	257 000
Financial Balance	−230 000	−195 000	−225 000	−257 000
Dividends	0	0	0	0
Net Income	39 000	74 000	35 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 643 000	4 797 000	4 951 000	5 105 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	0	0	1 000
Total Tangible Assets	4 682 000	4 797 000	4 951 000	5 106 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 682 000	4 797 000	4 951 000	5 106 000
Stock	0	0	0	0
Total Investments	50 000	50 000	50 000	50 000
Cash, Bank	266 000	168 000	276 000	220 000
Total Current Assets	402 000	218 000	379 000	278 000
Total Assets	5 085 000	5 016 000	5 330 000	5 383 000
Total Equity	−396 000	−435 000	−509 000	−543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 332 000	5 391 000	5 700 000	5 848 000
Creditors	108 000	16 000	105 000	25 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	12 000	14 000	35 000
Total Current Debt	149 000	60 000	139 000	78 000
Total Equity and Debt	5 085 000	5 016 000	5 330 000	5 383 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,85 %	−17,01 %	−6,88 %	−6,45 %
Debt-to-Equity Ratio	−13,46	−12,39	−11,2	−10,77
Operating Profit Margin	33,49 %	34,8 %	29,82 %	35,55 %
Current Ratio	2,7	3,63	2,73	3,56
Quick Ratio	2,7	3,63	2,73	3,56
Equity Ratio	−0,08	−0,09	−0,1	−0,1
Gross Profit Margin	97,46 %	98,03 %	81,47 %	100 %