FLØING AS

6076 MOLTUSTRANDA

Finances

Share Ownership

Return on Equity

23,6 %

Current Ratio

5,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	225 000	98 000	105 000	190 000
Net Income	97 000	22 000	42 000	113 000
Total Assets	490 000	577 000	661 000	741 000
Total Equity	411 000	314 000	292 000	250 000

Income (NOK)	2022	2021	2020	2019
Revenue	225 000	98 000	105 000	190 000
Expenditure	99 000	69 000	52 000	51 000
Operating Profit	126 000	28 000	53 000	139 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	126 000	28 000	54 000	139 000
Tax	29 000	6 000	12 000	26 000
Net Income	97 000	22 000	42 000	113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	78 000	123 000	168 000
Total Current Assets	457 000	499 000	538 000	573 000
Total Assets	490 000	577 000	661 000	741 000
Total Retained Equity	311 000	214 000	192 000	150 000
Total Equity	411 000	314 000	292 000	250 000
Total Long-Term Debt	0	6 000	12 000	298 000
Total Current Debt	78 000	256 000	357 000	192 000
Total Equity and Debt	490 000	577 000	661 000	741 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	225 000	98 000	105 000	190 000
Other Income	0	0	0	0
Revenue	225 000	98 000	105 000	190 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	45 000	45 000	45 000	45 000
Impairment	0	0	0	0
Expenditure	99 000	69 000	52 000	51 000
Operating Profit	126 000	28 000	53 000	139 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	97 000	22 000	42 000	113 000

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	19 000	57 000	95 000	133 000
Fixtures	14 000	21 000	28 000	35 000
Total Tangible Assets	33 000	78 000	123 000	168 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	78 000	123 000	168 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	149 000	340 000	502 000	299 000
Total Current Assets	457 000	499 000	538 000	573 000
Total Assets	490 000	577 000	661 000	741 000
Total Equity	411 000	314 000	292 000	250 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 000	12 000	298 000
Creditors	1 000	0	1 000	0
Unpaid Taxes	43 000	18 000	25 000	46 000
Dividends	0	0	0	0
Other Current Debt	0	225 000	314 000	138 000
Total Current Debt	78 000	256 000	357 000	192 000
Total Equity and Debt	490 000	577 000	661 000	741 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,6 %	7,01 %	14,38 %	45,2 %
Debt-to-Equity Ratio	0	0,02	0,04	1,19
Operating Profit Margin	56 %	28,57 %	50,48 %	73,16 %
Current Ratio	5,86	1,95	1,51	2,98
Quick Ratio	5,86	1,95	1,51	2,98
Equity Ratio	0,84	0,54	0,44	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %