FLATMO RØRSERVICE AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

72,64 %

Current Ratio

5,72

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	329 000	282 000	220 000	155 000
Net Income	77 000	50 000	−65 000	20 000
Total Assets	189 000	116 000	58 000	96 000
Total Equity	106 000	29 000	−20 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	329 000	282 000	220 000	155 000
Expenditure	226 000	217 000	302 000	129 000
Operating Profit	103 000	66 000	−82 000	26 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	2 000	1 000	2 000
Financial Balance	−4 000	−2 000	−1 000	−2 000
Earnings Before Tax	98 000	64 000	−83 000	24 000
Tax	22 000	14 000	−18 000	4 000
Net Income	77 000	50 000	−65 000	20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	34 000	18 000	0
Total Current Assets	166 000	82 000	39 000	96 000
Total Assets	189 000	116 000	58 000	96 000
Total Retained Equity	81 000	5 000	−45 000	20 000
Total Equity	106 000	29 000	−20 000	44 000
Total Long-Term Debt	54 000	51 000	29 000	2 000
Total Current Debt	29 000	36 000	49 000	50 000
Total Equity and Debt	189 000	116 000	58 000	96 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	329 000	282 000	220 000	155 000
Other Income	0	0	0	0
Revenue	329 000	282 000	220 000	155 000
Cost of Goods Sold	113 000	126 000	213 000	68 000
Salary Costs	0	0	0	0
Depreciation	7 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	226 000	217 000	302 000	129 000
Operating Profit	103 000	66 000	−82 000	26 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	2 000	1 000	2 000
Financial Balance	−4 000	−2 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	77 000	50 000	−65 000	20 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	18 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	29 000	0	0
Total Tangible Assets	23 000	29 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	34 000	18 000	0
Stock	58 000	52 000	31 000	24 000
Total Investments	0	0	0	0
Cash, Bank	29 000	0	0	3 000
Total Current Assets	166 000	82 000	39 000	96 000
Total Assets	189 000	116 000	58 000	96 000
Total Equity	106 000	29 000	−20 000	44 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 000	51 000	29 000	2 000
Creditors	−37 000	19 000	49 000	38 000
Unpaid Taxes	49 000	17 000	0	8 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	29 000	36 000	49 000	50 000
Total Equity and Debt	189 000	116 000	58 000	96 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,64 %	172,41 %	325 %	45,45 %
Debt-to-Equity Ratio	0,51	1,76	−1,45	0,05
Operating Profit Margin	31,31 %	23,4 %	−37,27 %	16,77 %
Current Ratio	5,72	2,28	0,8	1,92
Quick Ratio	−5,72	−5,13	2,17	3,69
Equity Ratio	0,56	0,25	−0,34	0,46
Gross Profit Margin	65,65 %	55,32 %	3,18 %	56,13 %