FLOVILD ELEKTRO AS

0666 OSLO

Finances

Return on Equity

26,47 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 868 000	35 866 000	14 910 000	30 995 000
Net Income	607 000	1 515 000	−952 000	1 039 000
Total Assets	12 944 000	8 825 000	4 296 000	6 098 000
Total Equity	2 293 000	1 686 000	671 000	1 624 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 868 000	35 866 000	14 910 000	30 995 000
Expenditure	42 005 000	33 752 000	16 078 000	29 511 000
Operating Profit	863 000	2 114 000	−1 185 000	1 289 000
Financial Income	5 000	1 000	3 000	2 000
Financial Costs	65 000	94 000	8 000	13 000
Financial Balance	−60 000	−93 000	−5 000	−11 000
Earnings Before Tax	803 000	2 021 000	−1 190 000	1 279 000
Tax	196 000	506 000	−238 000	239 000
Net Income	607 000	1 515 000	−952 000	1 039 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	801 000	345 000	503 000	670 000
Total Current Assets	12 143 000	8 480 000	3 793 000	5 428 000
Total Assets	12 944 000	8 825 000	4 296 000	6 098 000
Total Retained Equity	2 043 000	1 436 000	421 000	1 374 000
Total Equity	2 293 000	1 686 000	671 000	1 624 000
Total Long-Term Debt	830 000	748 000	672 000	797 000
Total Current Debt	9 821 000	6 391 000	2 953 000	3 678 000
Total Equity and Debt	12 944 000	8 825 000	4 296 000	6 098 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 868 000	35 699 000	14 702 000	30 995 000
Other Income	0	167 000	209 000	0
Revenue	42 868 000	35 866 000	14 910 000	30 995 000
Cost of Goods Sold	25 712 000	18 913 000	4 350 000	13 541 000
Salary Costs	12 825 000	11 497 000	9 132 000	12 654 000
Depreciation	283 000	168 000	168 000	168 000
Impairment	0	0	0	0
Expenditure	42 005 000	33 752 000	16 078 000	29 511 000
Operating Profit	863 000	2 114 000	−1 185 000	1 289 000
Financial Income	5 000	1 000	3 000	2 000
Financial Costs	65 000	94 000	8 000	13 000
Financial Balance	−60 000	−93 000	−5 000	−11 000
Dividends	0	500 000	0	0
Net Income	607 000	1 515 000	−952 000	1 039 000

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	0	0	0	0
Fixtures	791 000	335 000	503 000	670 000
Total Tangible Assets	791 000	335 000	503 000	670 000
Total Fiancial Fixed Assets	10 000	10 000	1 000	0
Total Fixed Assets	801 000	345 000	503 000	670 000
Stock	58 000	104 000	326 000	345 000
Total Investments	0	0	10 000	10 000
Cash, Bank	2 196 000	5 165 000	970 000	2 971 000
Total Current Assets	12 143 000	8 480 000	3 793 000	5 428 000
Total Assets	12 944 000	8 825 000	4 296 000	6 098 000
Total Equity	2 293 000	1 686 000	671 000	1 624 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	830 000	748 000	672 000	797 000
Creditors	5 979 000	1 433 000	80 000	444 000
Unpaid Taxes	1 789 000	1 885 000	631 000	432 000
Dividends	0	500 000	0	0
Other Current Debt	1 816 000	2 187 000	2 242 000	2 562 000
Total Current Debt	9 821 000	6 391 000	2 953 000	3 678 000
Total Equity and Debt	12 944 000	8 825 000	4 296 000	6 098 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,47 %	89,86 %	−141,88 %	63,98 %
Debt-to-Equity Ratio	0,36	0,44	1	0,49
Operating Profit Margin	2,01 %	5,89 %	−7,95 %	4,16 %
Current Ratio	1,24	1,33	1,28	1,48
Quick Ratio	1,24	1,35	1,44	1,63
Equity Ratio	0,18	0,19	0,16	0,27
Gross Profit Margin	40,02 %	47,27 %	70,82 %	56,31 %