FLOVEGEN 6 AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

5,66 %

Current Ratio

5,49

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 000	120 000	120 000	112 000
Net Income	12 000	−6 000	11 000	−7 000
Total Assets	300 000	273 000	309 000	286 000
Total Equity	212 000	200 000	207 000	196 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 000	120 000	120 000	112 000
Expenditure	145 000	129 000	107 000	122 000
Operating Profit	15 000	−9 000	13 000	−10 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Earnings Before Tax	15 000	−8 000	14 000	−9 000
Tax	3 000	−2 000	3 000	−2 000
Net Income	12 000	−6 000	11 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	47 000	53 000	59 000
Total Current Assets	258 000	225 000	256 000	226 000
Total Assets	300 000	273 000	309 000	286 000
Total Retained Equity	79 000	67 000	74 000	63 000
Total Equity	212 000	200 000	207 000	196 000
Total Long-Term Debt	41 000	51 000	64 000	76 000
Total Current Debt	47 000	21 000	38 000	13 000
Total Equity and Debt	300 000	273 000	309 000	286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	160 000	120 000	120 000	112 000
Revenue	160 000	120 000	120 000	112 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	6 000	6 000	7 000
Impairment	0	0	0	0
Expenditure	145 000	129 000	107 000	122 000
Operating Profit	15 000	−9 000	13 000	−10 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Dividends	0	0	0	0
Net Income	12 000	−6 000	11 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	42 000	44 000	46 000	48 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	7 000	11 000
Total Tangible Assets	42 000	47 000	53 000	59 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 000	47 000	53 000	59 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	258 000	225 000	256 000	219 000
Total Current Assets	258 000	225 000	256 000	226 000
Total Assets	300 000	273 000	309 000	286 000
Total Equity	212 000	200 000	207 000	196 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 000	51 000	64 000	76 000
Creditors	21 000	4 000	13 000	2 000
Unpaid Taxes	12 000	6 000	10 000	5 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	47 000	21 000	38 000	13 000
Total Equity and Debt	300 000	273 000	309 000	286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,66 %	−3 %	5,31 %	−3,57 %
Debt-to-Equity Ratio	0,19	0,26	0,31	0,39
Operating Profit Margin	9,38 %	−7,5 %	10,83 %	−8,93 %
Current Ratio	5,49	10,71	6,74	17,38
Quick Ratio	5,49	10,71	6,74	17,38
Equity Ratio	0,71	0,73	0,67	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %