FLEX TRIM & MOSJON AS

3941 PORSGRUNN

Finances

Share Ownership

Return on Equity

1,01 %

Current Ratio

1,51

Debt-to-Equity Ratio

−1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 665 000	2 318 000	2 487 000	2 770 000
Net Income	−6 000	121 000	75 000	232 000
Total Assets	900 000	744 000	753 000	782 000
Total Equity	−595 000	−589 000	−711 000	−785 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 665 000	2 318 000	2 487 000	2 770 000
Expenditure	2 649 000	2 177 000	2 405 000	2 533 000
Operating Profit	15 000	141 000	82 000	237 000
Financial Income	0	1 000	0	0
Financial Costs	22 000	21 000	8 000	5 000
Financial Balance	−22 000	−20 000	−8 000	−5 000
Earnings Before Tax	−6 000	121 000	75 000	232 000
Tax	0	0	0	0
Net Income	−6 000	121 000	75 000	232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	142 000	209 000	278 000	338 000
Total Current Assets	758 000	535 000	475 000	444 000
Total Assets	900 000	744 000	753 000	782 000
Total Retained Equity	−845 000	−839 000	−961 000	−1 035 000
Total Equity	−595 000	−589 000	−711 000	−785 000
Total Long-Term Debt	992 000	1 012 000	1 112 000	1 182 000
Total Current Debt	503 000	321 000	352 000	385 000
Total Equity and Debt	900 000	744 000	753 000	782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 294 000	1 934 000	2 069 000	2 528 000
Other Income	371 000	384 000	419 000	242 000
Revenue	2 665 000	2 318 000	2 487 000	2 770 000
Cost of Goods Sold	222 000	132 000	123 000	177 000
Salary Costs	838 000	648 000	893 000	717 000
Depreciation	67 000	69 000	47 000	44 000
Impairment	0	0	0	0
Expenditure	2 649 000	2 177 000	2 405 000	2 533 000
Operating Profit	15 000	141 000	82 000	237 000
Financial Income	0	1 000	0	0
Financial Costs	22 000	21 000	8 000	5 000
Financial Balance	−22 000	−20 000	−8 000	−5 000
Dividends	0	0	0	0
Net Income	−6 000	121 000	75 000	232 000

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	142 000	207 000	272 000	58 000
Fixtures	0	2 000	6 000	10 000
Total Tangible Assets	142 000	209 000	278 000	68 000
Total Fiancial Fixed Assets	0	0	0	270 000
Total Fixed Assets	142 000	209 000	278 000	338 000
Stock	13 000	14 000	7 000	10 000
Total Investments	0	0	0	0
Cash, Bank	372 000	265 000	295 000	352 000
Total Current Assets	758 000	535 000	475 000	444 000
Total Assets	900 000	744 000	753 000	782 000
Total Equity	−595 000	−589 000	−711 000	−785 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	992 000	1 012 000	1 112 000	1 182 000
Creditors	24 000	36 000	0	45 000
Unpaid Taxes	186 000	48 000	84 000	57 000
Dividends	0	0	0	0
Other Current Debt	294 000	237 000	268 000	283 000
Total Current Debt	503 000	321 000	352 000	385 000
Total Equity and Debt	900 000	744 000	753 000	782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,01 %	−20,54 %	−10,55 %	−29,55 %
Debt-to-Equity Ratio	−1,67	−1,72	−1,56	−1,51
Operating Profit Margin	0,56 %	6,08 %	3,3 %	8,56 %
Current Ratio	1,51	1,67	1,35	1,15
Quick Ratio	1,55	1,74	1,38	1,18
Equity Ratio	−0,66	−0,79	−0,94	−1
Gross Profit Margin	91,67 %	94,31 %	95,05 %	93,61 %