FRAMNES 12 AS

0270 OSLO

Finances

Share Ownership

Return on Equity

−52,21 %

Current Ratio

0,89

Debt-to-Equity Ratio

−11,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 500 000	35 000	0	818 000
Net Income	425 000	−491 000	464 000	−10 283 000
Total Assets	24 024 000	23 217 000	23 244 000	14 904 000
Total Equity	−814 000	−1 240 000	−749 000	−7 591 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 500 000	35 000	0	818 000
Expenditure	790 000	278 000	1 122 000	11 672 000
Operating Profit	709 000	−243 000	−1 122 000	−10 854 000
Financial Income	0	4 000	7 000	7 000
Financial Costs	284 000	252 000	220 000	136 000
Financial Balance	−284 000	−248 000	−213 000	−129 000
Earnings Before Tax	425 000	−491 000	−1 334 000	−10 983 000
Tax	0	0	−1 799 000	−700 000
Net Income	425 000	−491 000	464 000	−10 283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 373 000	10 397 000	10 421 000	10 312 000
Total Current Assets	13 650 000	12 820 000	12 823 000	4 592 000
Total Assets	24 024 000	23 217 000	23 244 000	14 904 000
Total Retained Equity	−1 022 000	−1 447 000	−957 000	−7 798 000
Total Equity	−814 000	−1 240 000	−749 000	−7 591 000
Total Long-Term Debt	9 574 000	9 574 000	9 574 000	9 574 000
Total Current Debt	15 264 000	14 882 000	14 418 000	12 920 000
Total Equity and Debt	24 024 000	23 217 000	23 244 000	14 904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 500 000	35 000	0	818 000
Revenue	1 500 000	35 000	0	818 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	23 000	24 000	18 000	4 000
Impairment	0	0	0	0
Expenditure	790 000	278 000	1 122 000	11 672 000
Operating Profit	709 000	−243 000	−1 122 000	−10 854 000
Financial Income	0	4 000	7 000	7 000
Financial Costs	284 000	252 000	220 000	136 000
Financial Balance	−284 000	−248 000	−213 000	−129 000
Dividends	0	0	0	0
Net Income	425 000	−491 000	464 000	−10 283 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 348 000	5 348 000	5 348 000	5 348 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	78 000	102 000	126 000	17 000
Total Tangible Assets	5 426 000	5 450 000	5 473 000	5 365 000
Total Fiancial Fixed Assets	4 947 000	4 947 000	4 947 000	4 947 000
Total Fixed Assets	10 373 000	10 397 000	10 421 000	10 312 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	81 000	12 000	50 000	2 000
Total Current Assets	13 650 000	12 820 000	12 823 000	4 592 000
Total Assets	24 024 000	23 217 000	23 244 000	14 904 000
Total Equity	−814 000	−1 240 000	−749 000	−7 591 000
Short-Term Group Debt	14 971 000	14 694 000	14 404 000	5 994 000
Total Long-Term Debt	9 574 000	9 574 000	9 574 000	9 574 000
Creditors	123 000	18 000	−160 000	921 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	170 000	170 000	175 000	6 005 000
Total Current Debt	15 264 000	14 882 000	14 418 000	12 920 000
Total Equity and Debt	24 024 000	23 217 000	23 244 000	14 904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,21 %	39,6 %	−61,95 %	135,46 %
Debt-to-Equity Ratio	−11,76	−7,72	−12,78	−1,26
Operating Profit Margin	47,27 %	−694,29 %	-	−1 326,89 %
Current Ratio	0,89	0,86	0,89	0,36
Quick Ratio	0,89	0,86	0,89	0,36
Equity Ratio	−0,03	−0,05	−0,03	−0,51
Gross Profit Margin	100 %	100 %	-	100 %