FLEXCON TRØNDELAG AS

7820 SPILLUM

Finances

Return on Equity

80,46 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 707 000	51 579 000	40 024 000	37 342 000
Net Income	4 621 000	3 648 000	3 464 000	4 047 000
Total Assets	22 959 000	20 575 000	13 196 000	14 157 000
Total Equity	5 743 000	4 047 000	3 400 000	2 436 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 707 000	51 579 000	40 024 000	37 342 000
Expenditure	60 666 000	46 897 000	35 597 000	32 183 000
Operating Profit	6 042 000	4 683 000	4 428 000	5 159 000
Financial Income	51 000	6 000	24 000	47 000
Financial Costs	169 000	12 000	10 000	17 000
Financial Balance	−118 000	−6 000	14 000	30 000
Earnings Before Tax	5 924 000	4 676 000	4 441 000	5 189 000
Tax	1 303 000	1 029 000	978 000	1 142 000
Net Income	4 621 000	3 648 000	3 464 000	4 047 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 712 000	7 937 000	1 355 000	1 186 000
Total Current Assets	18 247 000	12 637 000	11 841 000	12 971 000
Total Assets	22 959 000	20 575 000	13 196 000	14 157 000
Total Retained Equity	5 018 000	3 852 000	3 204 000	2 240 000
Total Equity	5 743 000	4 047 000	3 400 000	2 436 000
Total Long-Term Debt	2 713 000	295 000	0	0
Total Current Debt	14 503 000	16 232 000	9 797 000	11 721 000
Total Equity and Debt	22 959 000	20 575 000	13 196 000	14 157 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 707 000	51 579 000	40 014 000	37 342 000
Other Income	0	0	10 000	0
Revenue	66 707 000	51 579 000	40 024 000	37 342 000
Cost of Goods Sold	39 431 000	33 982 000	24 829 000	21 935 000
Salary Costs	12 676 000	9 246 000	7 662 000	7 434 000
Depreciation	1 028 000	530 000	383 000	377 000
Impairment	0	0	0	0
Expenditure	60 666 000	46 897 000	35 597 000	32 183 000
Operating Profit	6 042 000	4 683 000	4 428 000	5 159 000
Financial Income	51 000	6 000	24 000	47 000
Financial Costs	169 000	12 000	10 000	17 000
Financial Balance	−118 000	−6 000	14 000	30 000
Dividends	3 500 000	3 000 000	2 500 000	3 000 000
Net Income	4 621 000	3 648 000	3 464 000	4 047 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	22 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 157 000	7 699 000	459 000	463 000
Fixtures	555 000	239 000	874 000	717 000
Total Tangible Assets	4 712 000	7 937 000	1 333 000	1 181 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 712 000	7 937 000	1 355 000	1 186 000
Stock	2 454 000	2 290 000	1 394 000	891 000
Total Investments	0	0	0	0
Cash, Bank	5 819 000	2 904 000	4 909 000	3 883 000
Total Current Assets	18 247 000	12 637 000	11 841 000	12 971 000
Total Assets	22 959 000	20 575 000	13 196 000	14 157 000
Total Equity	5 743 000	4 047 000	3 400 000	2 436 000
Short-Term Group Debt	0	0	0	936 000
Total Long-Term Debt	2 713 000	295 000	0	0
Creditors	6 742 000	4 149 000	4 419 000	4 174 000
Unpaid Taxes	1 792 000	1 134 000	1 166 000	1 467 000
Dividends	3 500 000	3 000 000	2 500 000	3 000 000
Other Current Debt	1 135 000	7 237 000	718 000	933 000
Total Current Debt	14 503 000	16 232 000	9 797 000	11 721 000
Total Equity and Debt	22 959 000	20 575 000	13 196 000	14 157 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,46 %	90,14 %	101,88 %	166,13 %
Debt-to-Equity Ratio	0,47	0,07	0	0
Operating Profit Margin	9,06 %	9,08 %	11,06 %	13,82 %
Current Ratio	1,26	0,78	1,21	1,11
Quick Ratio	1,51	0,91	1,41	1,2
Equity Ratio	0,25	0,2	0,26	0,17
Gross Profit Margin	40,89 %	34,12 %	37,96 %	41,26 %