FLATØY HJEMMEBAKERI AS

1628 ENGELSVIKEN

Finances

Share Ownership

Return on Equity

23,08 %

Current Ratio

0,81

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	585 000	585 000	590 000	435 000
Net Income	−42 000	202 000	85 000	−3 000
Total Assets	914 000	855 000	523 000	562 000
Total Equity	−182 000	−140 000	−342 000	−427 000

Income (NOK)	2022	2021	2020	2019
Revenue	585 000	585 000	590 000	435 000
Expenditure	464 000	480 000	532 000	440 000
Operating Profit	120 000	105 000	57 000	−4 000
Financial Income	2 000	97 000	28 000	2 000
Financial Costs	163 000	0	0	0
Financial Balance	−161 000	97 000	28 000	2 000
Earnings Before Tax	−42 000	202 000	85 000	−3 000
Tax	0	0	0	0
Net Income	−42 000	202 000	85 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	0	0	0
Total Current Assets	886 000	855 000	523 000	562 000
Total Assets	914 000	855 000	523 000	562 000
Total Retained Equity	−282 000	−240 000	−442 000	−527 000
Total Equity	−182 000	−140 000	−342 000	−427 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 096 000	996 000	865 000	989 000
Total Equity and Debt	914 000	855 000	523 000	562 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	585 000	585 000	590 000	435 000
Other Income	0	0	0	0
Revenue	585 000	585 000	590 000	435 000
Cost of Goods Sold	115 000	133 000	162 000	130 000
Salary Costs	132 000	126 000	139 000	125 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	464 000	480 000	532 000	440 000
Operating Profit	120 000	105 000	57 000	−4 000
Financial Income	2 000	97 000	28 000	2 000
Financial Costs	163 000	0	0	0
Financial Balance	−161 000	97 000	28 000	2 000
Dividends	0	0	0	0
Net Income	−42 000	202 000	85 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	0	0	0
Total Tangible Assets	28 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	0	0	0
Stock	118 000	88 000	78 000	119 000
Total Investments	370 000	361 000	93 000	55 000
Cash, Bank	364 000	394 000	339 000	382 000
Total Current Assets	886 000	855 000	523 000	562 000
Total Assets	914 000	855 000	523 000	562 000
Total Equity	−182 000	−140 000	−342 000	−427 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−2 000	4 000	1 000	1 000
Unpaid Taxes	115 000	117 000	110 000	107 000
Dividends	0	0	0	0
Other Current Debt	983 000	875 000	754 000	881 000
Total Current Debt	1 096 000	996 000	865 000	989 000
Total Equity and Debt	914 000	855 000	523 000	562 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,08 %	−144,29 %	−24,85 %	0,7 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	20,51 %	17,95 %	9,66 %	−0,92 %
Current Ratio	0,81	0,86	0,6	0,57
Quick Ratio	0,91	0,94	0,66	0,65
Equity Ratio	−0,2	−0,16	−0,65	−0,76
Gross Profit Margin	80,34 %	77,26 %	72,54 %	70,11 %