FLORIN MALERARBEID AS

1923 SØRUM

Finances

Share Ownership

Return on Equity

25,68 %

Current Ratio

1,36

Debt-to-Equity Ratio

1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 930 000	5 948 000	5 136 000	3 687 000
Net Income	329 000	689 000	216 000	33 000
Total Assets	4 077 000	4 009 000	1 168 000	1 251 000
Total Equity	1 281 000	953 000	263 000	48 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 930 000	5 948 000	5 136 000	3 687 000
Expenditure	5 417 000	5 023 000	4 834 000	3 602 000
Operating Profit	513 000	924 000	302 000	85 000
Financial Income	0	0	0	0
Financial Costs	96 000	41 000	26 000	43 000
Financial Balance	−96 000	−41 000	−26 000	−43 000
Earnings Before Tax	417 000	884 000	276 000	42 000
Tax	88 000	194 000	61 000	9 000
Net Income	329 000	689 000	216 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 825 000	2 929 000	518 000	423 000
Total Current Assets	1 252 000	1 080 000	651 000	828 000
Total Assets	4 077 000	4 009 000	1 168 000	1 251 000
Total Retained Equity	1 251 000	923 000	233 000	18 000
Total Equity	1 281 000	953 000	263 000	48 000
Total Long-Term Debt	1 877 000	146 000	171 000	231 000
Total Current Debt	919 000	2 911 000	734 000	973 000
Total Equity and Debt	4 077 000	4 009 000	1 168 000	1 251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 930 000	5 948 000	5 136 000	3 687 000
Other Income	0	0	0	0
Revenue	5 930 000	5 948 000	5 136 000	3 687 000
Cost of Goods Sold	963 000	1 489 000	1 084 000	971 000
Salary Costs	3 156 000	2 427 000	2 574 000	1 761 000
Depreciation	61 000	90 000	82 000	76 000
Impairment	0	0	0	0
Expenditure	5 417 000	5 023 000	4 834 000	3 602 000
Operating Profit	513 000	924 000	302 000	85 000
Financial Income	0	0	0	0
Financial Costs	96 000	41 000	26 000	43 000
Financial Balance	−96 000	−41 000	−26 000	−43 000
Dividends	0	0	0	0
Net Income	329 000	689 000	216 000	33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 675 000	2 693 000	120 000	30 000
Machinery and Plant Facilities	0	0	19 000	23 000
Fixtures	150 000	206 000	258 000	299 000
Total Tangible Assets	2 825 000	2 899 000	396 000	352 000
Total Fiancial Fixed Assets	0	30 000	122 000	71 000
Total Fixed Assets	2 825 000	2 929 000	518 000	423 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	403 000	810 000	307 000	621 000
Total Current Assets	1 252 000	1 080 000	651 000	828 000
Total Assets	4 077 000	4 009 000	1 168 000	1 251 000
Total Equity	1 281 000	953 000	263 000	48 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 877 000	146 000	171 000	231 000
Creditors	44 000	53 000	0	28 000
Unpaid Taxes	396 000	284 000	283 000	239 000
Dividends	0	0	0	0
Other Current Debt	378 000	254 000	190 000	131 000
Total Current Debt	919 000	2 911 000	734 000	973 000
Total Equity and Debt	4 077 000	4 009 000	1 168 000	1 251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,68 %	72,3 %	82,13 %	68,75 %
Debt-to-Equity Ratio	1,47	0,15	0,65	4,81
Operating Profit Margin	8,65 %	15,53 %	5,88 %	2,31 %
Current Ratio	1,36	0,37	0,89	0,85
Quick Ratio	1,36	0,37	0,89	0,85
Equity Ratio	0,31	0,24	0,23	0,04
Gross Profit Margin	83,76 %	74,97 %	78,89 %	73,66 %