FLEX REKLAME AS

5238 RÅDAL

Finances

Return on Equity

−571,66 %

Current Ratio

1,64

Debt-to-Equity Ratio

6,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 940 000	23 672 000	21 964 000	23 075 000
Net Income	−2 481 000	775 000	−558 000	−384 000
Total Assets	7 131 000	11 632 000	8 317 000	7 711 000
Total Equity	434 000	2 915 000	2 288 000	2 846 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 940 000	23 672 000	21 964 000	23 075 000
Expenditure	25 389 000	22 680 000	22 157 000	23 118 000
Operating Profit	−2 449 000	992 000	−193 000	−43 000
Financial Income	276 000	248 000	54 000	50 000
Financial Costs	329 000	369 000	551 000	391 000
Financial Balance	−53 000	−121 000	−497 000	−341 000
Earnings Before Tax	−2 502 000	871 000	−691 000	−384 000
Tax	−21 000	96 000	−133 000	0
Net Income	−2 481 000	775 000	−558 000	−384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 117 000	1 352 000	1 596 000	1 471 000
Total Current Assets	6 014 000	10 280 000	6 721 000	6 240 000
Total Assets	7 131 000	11 632 000	8 317 000	7 711 000
Total Retained Equity	334 000	2 815 000	2 188 000	2 746 000
Total Equity	434 000	2 915 000	2 288 000	2 846 000
Total Long-Term Debt	3 032 000	3 563 000	1 592 000	1 879 000
Total Current Debt	3 666 000	5 154 000	4 436 000	2 986 000
Total Equity and Debt	7 131 000	11 632 000	8 317 000	7 711 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 940 000	23 533 000	21 694 000	23 042 000
Other Income	0	139 000	269 000	33 000
Revenue	22 940 000	23 672 000	21 964 000	23 075 000
Cost of Goods Sold	9 796 000	8 759 000	8 454 000	8 805 000
Salary Costs	10 090 000	8 757 000	8 861 000	9 753 000
Depreciation	235 000	258 000	229 000	204 000
Impairment	0	0	0	0
Expenditure	25 389 000	22 680 000	22 157 000	23 118 000
Operating Profit	−2 449 000	992 000	−193 000	−43 000
Financial Income	276 000	248 000	54 000	50 000
Financial Costs	329 000	369 000	551 000	391 000
Financial Balance	−53 000	−121 000	−497 000	−341 000
Dividends	0	0	0	0
Net Income	−2 481 000	775 000	−558 000	−384 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	49 000	73 000	97 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	860 000	1 070 000	1 291 000	1 141 000
Total Tangible Assets	860 000	1 070 000	1 291 000	1 141 000
Total Fiancial Fixed Assets	233 000	233 000	233 000	233 000
Total Fixed Assets	1 117 000	1 352 000	1 596 000	1 471 000
Stock	3 092 000	3 011 000	3 189 000	2 678 000
Total Investments	0	0	0	0
Cash, Bank	1 369 000	3 182 000	2 202 000	2 812 000
Total Current Assets	6 014 000	10 280 000	6 721 000	6 240 000
Total Assets	7 131 000	11 632 000	8 317 000	7 711 000
Total Equity	434 000	2 915 000	2 288 000	2 846 000
Short-Term Group Debt	191 000	0	0	0
Total Long-Term Debt	3 032 000	3 563 000	1 592 000	1 879 000
Creditors	1 188 000	2 139 000	1 166 000	669 000
Unpaid Taxes	1 340 000	1 991 000	1 564 000	1 436 000
Dividends	0	0	0	0
Other Current Debt	946 000	991 000	806 000	881 000
Total Current Debt	3 666 000	5 154 000	4 436 000	2 986 000
Total Equity and Debt	7 131 000	11 632 000	8 317 000	7 711 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−571,66 %	26,59 %	−24,39 %	−13,49 %
Debt-to-Equity Ratio	6,99	1,22	0,7	0,66
Operating Profit Margin	−10,68 %	4,19 %	−0,88 %	−0,19 %
Current Ratio	1,64	1,99	1,52	2,09
Quick Ratio	10,48	4,8	5,39	20,26
Equity Ratio	0,06	0,25	0,28	0,37
Gross Profit Margin	57,3 %	63 %	61,51 %	61,84 %