FLM ELEKTRO AS

5052 BERGEN

Finances

Return on Equity

91,27 %

Current Ratio

1,64

Debt-to-Equity Ratio

2,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 708 000	60 703 000	9 925 000	1 827 000
Net Income	2 446 000	1 773 000	−1 639 000	0
Total Assets	18 238 000	15 556 000	3 868 000	776 000
Total Equity	2 680 000	234 000	−1 540 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 708 000	60 703 000	9 925 000	1 827 000
Expenditure	72 324 000	58 296 000	12 014 000	1 820 000
Operating Profit	3 385 000	2 407 000	−2 088 000	7 000
Financial Income	13 000	0	1 000	0
Financial Costs	259 000	132 000	9 000	0
Financial Balance	−246 000	−132 000	−8 000	0
Earnings Before Tax	3 139 000	2 275 000	−2 097 000	8 000
Tax	693 000	502 000	−457 000	8 000
Net Income	2 446 000	1 773 000	−1 639 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 596 000	1 025 000	457 000	0
Total Current Assets	16 642 000	14 531 000	3 411 000	776 000
Total Assets	18 238 000	15 556 000	3 868 000	776 000
Total Retained Equity	2 580 000	134 000	−1 640 000	0
Total Equity	2 680 000	234 000	−1 540 000	100 000
Total Long-Term Debt	5 417 000	4 868 000	2 379 000	0
Total Current Debt	10 141 000	10 454 000	3 029 000	676 000
Total Equity and Debt	18 238 000	15 556 000	3 868 000	776 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	75 708 000	60 703 000	9 925 000	1 827 000
Other Income	0	0	0	0
Revenue	75 708 000	60 703 000	9 925 000	1 827 000
Cost of Goods Sold	31 190 000	29 933 000	2 660 000	1 008 000
Salary Costs	36 599 000	23 812 000	7 318 000	612 000
Depreciation	146 000	55 000	0	0
Impairment	0	0	0	0
Expenditure	72 324 000	58 296 000	12 014 000	1 820 000
Operating Profit	3 385 000	2 407 000	−2 088 000	7 000
Financial Income	13 000	0	1 000	0
Financial Costs	259 000	132 000	9 000	0
Financial Balance	−246 000	−132 000	−8 000	0
Dividends	0	0	0	0
Net Income	2 446 000	1 773 000	−1 639 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	457 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 061 000	490 000	0	0
Total Tangible Assets	1 061 000	490 000	0	0
Total Fiancial Fixed Assets	535 000	535 000	0	0
Total Fixed Assets	1 596 000	1 025 000	457 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 939 000	5 757 000	1 046 000	326 000
Total Current Assets	16 642 000	14 531 000	3 411 000	776 000
Total Assets	18 238 000	15 556 000	3 868 000	776 000
Total Equity	2 680 000	234 000	−1 540 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 417 000	4 868 000	2 379 000	0
Creditors	2 189 000	3 798 000	953 000	167 000
Unpaid Taxes	4 324 000	3 579 000	1 317 000	200 000
Dividends	0	0	0	0
Other Current Debt	3 627 000	3 039 000	759 000	300 000
Total Current Debt	10 141 000	10 454 000	3 029 000	676 000
Total Equity and Debt	18 238 000	15 556 000	3 868 000	776 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,27 %	757,69 %	106,43 %	0 %
Debt-to-Equity Ratio	2,02	20,8	−1,54	0
Operating Profit Margin	4,47 %	3,97 %	−21,04 %	0,38 %
Current Ratio	1,64	1,39	1,13	1,15
Quick Ratio	1,64	1,39	1,13	1,15
Equity Ratio	0,15	0,02	−0,4	0,13
Gross Profit Margin	58,8 %	50,69 %	73,2 %	44,83 %