EXPERIENCE FLATANGER AS

7770 FLATANGER

Finances

Share Ownership

Return on Equity

50,85 %

Current Ratio

0,62

Debt-to-Equity Ratio

−3

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 712 000	1 196 000	387 000	0
Net Income	−358 000	−798 000	−174 000	−16 000
Total Assets	6 212 000	5 100 000	2 663 000	92 000
Total Equity	−704 000	−826 000	−28 000	9 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 712 000	1 196 000	387 000	0
Expenditure	3 064 000	2 157 000	611 000	22 000
Operating Profit	−352 000	−962 000	−224 000	−22 000
Financial Income	14 000	3 000	2 000	0
Financial Costs	121 000	59 000	1 000	0
Financial Balance	−107 000	−56 000	1 000	0
Earnings Before Tax	−459 000	−1 018 000	−224 000	−22 000
Tax	−101 000	−220 000	−49 000	−6 000
Net Income	−358 000	−798 000	−174 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 224 000	2 458 000	721 000	6 000
Total Current Assets	2 988 000	2 642 000	1 942 000	86 000
Total Assets	6 212 000	5 100 000	2 663 000	92 000
Total Retained Equity	−1 346 000	−988 000	−190 000	−16 000
Total Equity	−704 000	−826 000	−28 000	9 000
Total Long-Term Debt	2 110 000	1 386 000	0	0
Total Current Debt	4 807 000	4 540 000	2 691 000	83 000
Total Equity and Debt	6 212 000	5 100 000	2 663 000	92 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	111 000	9 000	126 000	0
Other Income	2 600 000	1 187 000	260 000	0
Revenue	2 712 000	1 196 000	387 000	0
Cost of Goods Sold	10 000	80 000	18 000	0
Salary Costs	1 065 000	797 000	127 000	0
Depreciation	98 000	128 000	26 000	0
Impairment	0	0	0	0
Expenditure	3 064 000	2 157 000	611 000	22 000
Operating Profit	−352 000	−962 000	−224 000	−22 000
Financial Income	14 000	3 000	2 000	0
Financial Costs	121 000	59 000	1 000	0
Financial Balance	−107 000	−56 000	1 000	0
Dividends	0	0	0	0
Net Income	−358 000	−798 000	−174 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	379 000	286 000	74 000	6 000
Real Eastate	1 639 000	1 639 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	713 000	0	0	0
Total Tangible Assets	2 543 000	1 984 000	598 000	0
Total Fiancial Fixed Assets	302 000	188 000	49 000	0
Total Fixed Assets	3 224 000	2 458 000	721 000	6 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	101 000	128 000	36 000
Total Current Assets	2 988 000	2 642 000	1 942 000	86 000
Total Assets	6 212 000	5 100 000	2 663 000	92 000
Total Equity	−704 000	−826 000	−28 000	9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 110 000	1 386 000	0	0
Creditors	42 000	60 000	268 000	11 000
Unpaid Taxes	66 000	86 000	10 000	0
Dividends	0	0	0	0
Other Current Debt	4 699 000	4 393 000	2 413 000	73 000
Total Current Debt	4 807 000	4 540 000	2 691 000	83 000
Total Equity and Debt	6 212 000	5 100 000	2 663 000	92 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,85 %	96,61 %	621,43 %	−177,78 %
Debt-to-Equity Ratio	−3	−1,68	−0	0
Operating Profit Margin	−12,98 %	−80,43 %	−57,88 %	-
Current Ratio	0,62	0,58	0,72	1,04
Quick Ratio	0,62	0,58	0,72	1,04
Equity Ratio	−0,11	−0,16	−0,01	0,1
Gross Profit Margin	99,63 %	93,31 %	95,35 %	-