JOSTEIN FLATÅS AS

7350 BUVIKA

Finances

Return on Equity

196,95 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	126 000	225 000	33 000
Net Income	1 485 000	153 000	−261 000	−240 000
Total Assets	1 754 000	2 571 000	4 038 000	4 026 000
Total Equity	754 000	669 000	3 716 000	3 977 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	126 000	225 000	33 000
Expenditure	14 000	104 000	487 000	274 000
Operating Profit	−15 000	22 000	−261 000	−241 000
Financial Income	1 508 000	3 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 508 000	3 000	0	0
Earnings Before Tax	1 493 000	25 000	−261 000	−240 000
Tax	8 000	−128 000	0	0
Net Income	1 485 000	153 000	−261 000	−240 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	181 000	153 000	814 000	2 438 000
Total Current Assets	1 573 000	2 418 000	3 225 000	1 588 000
Total Assets	1 754 000	2 571 000	4 038 000	4 026 000
Total Retained Equity	0	−491 000	−644 000	−383 000
Total Equity	754 000	669 000	3 716 000	3 977 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 001 000	1 903 000	323 000	49 000
Total Equity and Debt	1 754 000	2 571 000	4 038 000	4 026 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 000	139 000	33 000
Other Income	0	125 000	86 000	0
Revenue	0	126 000	225 000	33 000
Cost of Goods Sold	5 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 000	0	324 000	218 000
Impairment	0	0	0	0
Expenditure	14 000	104 000	487 000	274 000
Operating Profit	−15 000	22 000	−261 000	−241 000
Financial Income	1 508 000	3 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 508 000	3 000	0	0
Dividends	1 400 000	3 200 000	0	0
Net Income	1 485 000	153 000	−261 000	−240 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	119 000	128 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	37 000	0	0	0
Fixtures	0	0	789 000	2 413 000
Total Tangible Assets	37 000	0	789 000	2 413 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	181 000	153 000	814 000	2 438 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	573 000	2 418 000	2 375 000	675 000
Total Current Assets	1 573 000	2 418 000	3 225 000	1 588 000
Total Assets	1 754 000	2 571 000	4 038 000	4 026 000
Total Equity	754 000	669 000	3 716 000	3 977 000
Short-Term Group Debt	0	1 500 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	3 000	4 000	9 000
Unpaid Taxes	0	−1 000	306 000	19 000
Dividends	1 400 000	3 200 000	0	0
Other Current Debt	0	0	13 000	20 000
Total Current Debt	1 001 000	1 903 000	323 000	49 000
Total Equity and Debt	1 754 000	2 571 000	4 038 000	4 026 000

Financial indicators	2022	2021	2020	2019
Return on Equity	196,95 %	22,87 %	−7,02 %	−6,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	17,46 %	−116 %	−730,3 %
Current Ratio	1,57	1,27	9,98	32,41
Quick Ratio	1,57	1,27	9,98	32,41
Equity Ratio	0,43	0,26	0,92	0,99
Gross Profit Margin	-	100 %	100 %	100 %