FRAM INVEST AS

2264 GRINDER

Finances

Return on Equity

26,6 %

Current Ratio

1,72

Debt-to-Equity Ratio

1,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	547 769 000	544 342 000	406 867 000	398 410 000
Net Income	15 863 000	3 110 000	2 613 000	5 713 000
Total Assets	262 867 000	233 339 000	216 556 000	183 182 000
Total Equity	59 632 000	46 468 000	46 040 000	44 467 000

Income (NOK)	2022	2021	2020	2019
Revenue	547 769 000	544 342 000	406 867 000	398 410 000
Expenditure	528 159 000	547 312 000	405 496 000	393 744 000
Operating Profit	19 610 000	−2 970 000	1 371 000	4 666 000
Financial Income	4 216 000	9 981 000	5 039 000	5 012 000
Financial Costs	4 271 000	2 889 000	3 145 000	2 314 000
Financial Balance	−55 000	7 092 000	1 894 000	2 698 000
Earnings Before Tax	19 555 000	4 122 000	3 265 000	7 364 000
Tax	3 692 000	1 012 000	652 000	1 651 000
Net Income	15 863 000	3 110 000	2 613 000	5 713 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 927 000	56 998 000	61 993 000	44 789 000
Total Current Assets	208 940 000	176 341 000	154 563 000	138 394 000
Total Assets	262 867 000	233 339 000	216 556 000	183 182 000
Total Retained Equity	57 820 000	44 656 000	44 227 000	44 287 000
Total Equity	59 632 000	46 468 000	46 040 000	44 467 000
Total Long-Term Debt	81 707 000	76 989 000	86 820 000	32 191 000
Total Current Debt	121 528 000	109 882 000	83 697 000	106 525 000
Total Equity and Debt	262 867 000	233 339 000	216 556 000	183 182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	542 400 000	537 613 000	401 762 000	396 899 000
Other Income	5 369 000	6 729 000	5 105 000	1 511 000
Revenue	547 769 000	544 342 000	406 867 000	398 410 000
Cost of Goods Sold	406 683 000	420 060 000	307 498 000	304 595 000
Salary Costs	74 058 000	73 897 000	60 606 000	56 469 000
Depreciation	6 169 000	6 521 000	5 619 000	4 277 000
Impairment	15 000	0	0	0
Expenditure	528 159 000	547 312 000	405 496 000	393 744 000
Operating Profit	19 610 000	−2 970 000	1 371 000	4 666 000
Financial Income	4 216 000	9 981 000	5 039 000	5 012 000
Financial Costs	4 271 000	2 889 000	3 145 000	2 314 000
Financial Balance	−55 000	7 092 000	1 894 000	2 698 000
Dividends	2 700 000	2 000 000	1 000 000	1 000 000
Net Income	15 863 000	3 110 000	2 613 000	5 713 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 928 000	2 144 000	1 205 000	1 853 000
Real Eastate	35 738 000	37 376 000	38 392 000	20 077 000
Machinery and Plant Facilities	2 398 000	3 613 000	8 106 000	15 869 000
Fixtures	11 666 000	13 668 000	14 165 000	6 858 000
Total Tangible Assets	49 802 000	54 657 000	60 663 000	42 804 000
Total Fiancial Fixed Assets	197 000	197 000	125 000	132 000
Total Fixed Assets	53 927 000	56 998 000	61 993 000	44 789 000
Stock	143 696 000	129 595 000	118 042 000	104 049 000
Total Investments	0	0	0	0
Cash, Bank	5 786 000	8 595 000	7 534 000	7 108 000
Total Current Assets	208 940 000	176 341 000	154 563 000	138 394 000
Total Assets	262 867 000	233 339 000	216 556 000	183 182 000
Total Equity	59 632 000	46 468 000	46 040 000	44 467 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	81 707 000	76 989 000	86 820 000	32 191 000
Creditors	65 336 000	58 350 000	47 806 000	55 455 000
Unpaid Taxes	23 490 000	19 965 000	15 527 000	14 972 000
Dividends	2 700 000	2 000 000	1 000 000	1 000 000
Other Current Debt	21 478 000	20 309 000	10 900 000	10 333 000
Total Current Debt	121 528 000	109 882 000	83 697 000	106 525 000
Total Equity and Debt	262 867 000	233 339 000	216 556 000	183 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,6 %	6,69 %	5,68 %	12,85 %
Debt-to-Equity Ratio	1,37	1,66	1,89	0,72
Operating Profit Margin	3,58 %	−0,55 %	0,34 %	1,17 %
Current Ratio	1,72	1,6	1,85	1,3
Quick Ratio	−9,43	−8,95	−4,5	55,89
Equity Ratio	0,23	0,2	0,21	0,24
Gross Profit Margin	25,76 %	22,83 %	24,42 %	23,55 %