AS FrammRegistered
Going concern uncertainty. In the 2025 report the auditor pointed to material uncertainty about the company's ability to continue as a going concern.
Key figures
4 269 456 €−84,2%
Revenue 2025
−22,8%
Average annual change 2019–2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 82 071 € | — | 7026 € |
| Q1 2026 | 24 065 € | 1 | 48 854 € |
| Q4 2025 | 261 241 € | 1 | 43 397 € |
| Q3 2025 | 55 315 € | 1 | 89 149 € |
| Q2 2025 | 2 404 384 € | 2 | 634 160 € |
| Q1 2025 | 4 025 479 € | 51 | 703 586 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 † | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 6 163 510 | 7 923 931 | 6 841 156 | 10 639 886 | 5 826 877 | 18 630 119 | — |
| Total non-current assets | 7 378 525 | 6 947 004 | 6 723 720 | 6 730 076 | 6 741 440 | 0 | — |
| Total assets | 13 542 035 | 14 870 935 | 13 564 876 | 17 369 962 | 12 568 317 | 18 630 119 | 9 636 974 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 2 928 814 | 3 970 343 | 5 294 683 | 7 161 439 | 9 540 450 | 13 388 786 | — |
| Non-current liabilities | 3 767 779 | 3 692 369 | 4 616 859 | 4 421 799 | 552 697 | 0 | — |
| Total liabilities | 6 696 593 | 7 662 712 | 9 911 542 | 11 583 238 | 10 093 147 | 13 388 786 | — |
| Share capital | 2 190 573 | 2 190 573 | 2 190 573 | 2 190 573 | 2 190 573 | 2 190 573 | — |
| Retained earnings of previous periods | 6 784 471 | 4 521 810 | 5 025 630 | 1 154 657 | 3 288 047 | −23 507 | — |
| Profit for the year | 447 947 | 362 781 | −3 870 973 | 2 133 390 | −3 311 554 | 2 766 163 | — |
| Reserves and other equity | −2 577 549 | 133 059 | 308 104 | 308 104 | 308 104 | 308 104 | — |
| Total equity | 6 845 442 | 7 208 223 | 3 653 334 | 5 786 724 | 2 475 170 | 5 241 333 | — |
| Income statement | |||||||
| Sales revenue | 20 237 330 | 22 812 041 | 36 637 914 | 52 982 250 | 34 273 895 | 26 967 241 | 4 269 456 |
| Operating profit | 579 653 | 487 607 | −348 643 | 995 333 | −2 951 934 | −2 719 898 | — |
| EBITDA | 1 386 368 | 1 342 592 | 529 686 | 1 865 906 | −2 025 011 | −1 870 806 | — |
| Profit before income tax | 447 947 | 362 781 | −3 870 973 | 2 133 390 | −3 311 554 | 2 766 163 | — |
| Profit for the reporting year | 447 947 | 362 781 | −3 870 973 | 2 133 390 | −3 311 554 | 2 766 163 | — |
| Labour costs | 6 159 163 | 5 760 305 | 6 148 334 | 7 231 066 | 6 329 567 | 5 908 668 | — |
| Depreciation of non-current assets | 806 715 | 854 985 | 878 329 | 870 573 | 926 923 | 849 092 | — |
| Other indicators | |||||||
| Employees | 214 | 191 | 184 | 186 | 174 | 150 | 0 |
| Calculated dividend | — | 0 | — | — | 0 | 0 | — |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.
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