FLEXON AS

1397 NESØYA

Finances

Share Ownership

Return on Equity

25,72 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 965 000	3 072 000	1 343 000	678 000
Net Income	507 000	1 227 000	419 000	−262 000
Total Assets	3 854 000	3 501 000	1 114 000	616 000
Total Equity	1 971 000	1 464 000	237 000	−181 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 965 000	3 072 000	1 343 000	678 000
Expenditure	2 111 000	1 495 000	919 000	934 000
Operating Profit	854 000	1 576 000	423 000	−256 000
Financial Income	−1 000	0	0	0
Financial Costs	5 000	5 000	5 000	6 000
Financial Balance	−6 000	−5 000	−5 000	−6 000
Earnings Before Tax	848 000	1 571 000	419 000	−262 000
Tax	341 000	344 000	0	0
Net Income	507 000	1 227 000	419 000	−262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	26 000	36 000	46 000
Total Current Assets	3 838 000	3 475 000	1 078 000	570 000
Total Assets	3 854 000	3 501 000	1 114 000	616 000
Total Retained Equity	1 947 000	1 440 000	213 000	−205 000
Total Equity	1 971 000	1 464 000	237 000	−181 000
Total Long-Term Debt	24 000	0	0	0
Total Current Debt	1 859 000	2 037 000	877 000	797 000
Total Equity and Debt	3 854 000	3 501 000	1 114 000	616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 965 000	3 072 000	1 343 000	678 000
Other Income	0	0	0	0
Revenue	2 965 000	3 072 000	1 343 000	678 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 824 000	1 255 000	861 000	873 000
Depreciation	10 000	10 000	10 000	4 000
Impairment	0	0	0	0
Expenditure	2 111 000	1 495 000	919 000	934 000
Operating Profit	854 000	1 576 000	423 000	−256 000
Financial Income	−1 000	0	0	0
Financial Costs	5 000	5 000	5 000	6 000
Financial Balance	−6 000	−5 000	−5 000	−6 000
Dividends	0	0	0	0
Net Income	507 000	1 227 000	419 000	−262 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	16 000	26 000	36 000	46 000
Total Intangible Assets	16 000	26 000	36 000	46 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	26 000	36 000	46 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 401 000	1 651 000	579 000	272 000
Total Current Assets	3 838 000	3 475 000	1 078 000	570 000
Total Assets	3 854 000	3 501 000	1 114 000	616 000
Total Equity	1 971 000	1 464 000	237 000	−181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	0	0	0
Creditors	5 000	8 000	0	0
Unpaid Taxes	606 000	484 000	160 000	128 000
Dividends	0	0	0	0
Other Current Debt	1 110 000	1 200 000	717 000	670 000
Total Current Debt	1 859 000	2 037 000	877 000	797 000
Total Equity and Debt	3 854 000	3 501 000	1 114 000	616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,72 %	83,81 %	176,79 %	144,75 %
Debt-to-Equity Ratio	0,01	0	0	−0
Operating Profit Margin	28,8 %	51,3 %	31,5 %	−37,76 %
Current Ratio	2,06	1,71	1,23	0,72
Quick Ratio	2,06	1,71	1,23	0,72
Equity Ratio	0,51	0,42	0,21	−0,29
Gross Profit Margin	100 %	100 %	100 %	100 %