FASTFLOW SOLUTIONS AS

0588 OSLO

Finances

Share Ownership

Return on Equity

48,08 %

Current Ratio

4,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 882 000	1 145 000	1 160 000	1 002 000
Net Income	627 000	319 000	61 000	−213 000
Total Assets	1 666 000	2 244 000	2 179 000	2 117 000
Total Equity	1 304 000	677 000	1 858 000	1 797 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 882 000	1 145 000	1 160 000	1 002 000
Expenditure	1 090 000	803 000	1 098 000	1 104 000
Operating Profit	791 000	342 000	62 000	−102 000
Financial Income	2 000	0	3 000	1 000
Financial Costs	5 000	23 000	5 000	6 000
Financial Balance	−3 000	−23 000	−2 000	−5 000
Earnings Before Tax	788 000	319 000	61 000	−107 000
Tax	161 000	0	0	107 000
Net Income	627 000	319 000	61 000	−213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	38 000	34 000	30 000
Total Current Assets	1 635 000	2 206 000	2 144 000	2 086 000
Total Assets	1 666 000	2 244 000	2 179 000	2 117 000
Total Retained Equity	493 000	−134 000	−453 000	−514 000
Total Equity	1 304 000	677 000	1 858 000	1 797 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	362 000	1 567 000	321 000	320 000
Total Equity and Debt	1 666 000	2 244 000	2 179 000	2 117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 882 000	1 145 000	1 160 000	1 002 000
Other Income	0	0	0	0
Revenue	1 882 000	1 145 000	1 160 000	1 002 000
Cost of Goods Sold	0	0	0	0
Salary Costs	802 000	627 000	977 000	983 000
Depreciation	25 000	28 000	26 000	18 000
Impairment	0	0	0	0
Expenditure	1 090 000	803 000	1 098 000	1 104 000
Operating Profit	791 000	342 000	62 000	−102 000
Financial Income	2 000	0	3 000	1 000
Financial Costs	5 000	23 000	5 000	6 000
Financial Balance	−3 000	−23 000	−2 000	−5 000
Dividends	0	1 500 000	0	0
Net Income	627 000	319 000	61 000	−213 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	38 000	27 000	15 000
Total Tangible Assets	30 000	38 000	27 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	38 000	34 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 298 000	2 150 000	1 444 000	1 435 000
Total Current Assets	1 635 000	2 206 000	2 144 000	2 086 000
Total Assets	1 666 000	2 244 000	2 179 000	2 117 000
Total Equity	1 304 000	677 000	1 858 000	1 797 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	14 000	4 000	2 000
Unpaid Taxes	120 000	3 000	238 000	238 000
Dividends	0	1 500 000	0	0
Other Current Debt	75 000	51 000	80 000	80 000
Total Current Debt	362 000	1 567 000	321 000	320 000
Total Equity and Debt	1 666 000	2 244 000	2 179 000	2 117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,08 %	47,12 %	3,28 %	−11,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	42,03 %	29,87 %	5,34 %	−10,18 %
Current Ratio	4,52	1,41	6,68	6,52
Quick Ratio	4,52	1,41	6,68	6,52
Equity Ratio	0,78	0,3	0,85	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %