FLOWPRO AS

1363 HØVIK

Finances

Return on Equity

−18,65 %

Current Ratio

0,88

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 802 000	7 183 000	4 705 000	3 338 000
Net Income	−537 000	1 275 000	1 117 000	930 000
Total Assets	5 527 000	5 748 000	5 730 000	4 490 000
Total Equity	2 879 000	3 741 000	3 436 000	2 819 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 802 000	7 183 000	4 705 000	3 338 000
Expenditure	4 949 000	5 547 000	3 242 000	2 149 000
Operating Profit	−147 000	1 637 000	1 463 000	1 189 000
Financial Income	5 000	19 000	8 000	9 000
Financial Costs	33 000	21 000	2 000	5 000
Financial Balance	−28 000	−2 000	6 000	4 000
Earnings Before Tax	−175 000	1 635 000	1 468 000	1 193 000
Tax	362 000	360 000	351 000	263 000
Net Income	−537 000	1 275 000	1 117 000	930 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 939 000	1 221 000	780 000	684 000
Total Current Assets	1 587 000	4 526 000	4 950 000	3 807 000
Total Assets	5 527 000	5 748 000	5 730 000	4 490 000
Total Retained Equity	2 849 000	3 711 000	3 406 000	2 789 000
Total Equity	2 879 000	3 741 000	3 436 000	2 819 000
Total Long-Term Debt	846 000	569 000	0	5 000
Total Current Debt	1 802 000	1 439 000	2 294 000	1 666 000
Total Equity and Debt	5 527 000	5 748 000	5 730 000	4 490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 802 000	7 159 000	4 705 000	3 338 000
Other Income	0	24 000	0	0
Revenue	4 802 000	7 183 000	4 705 000	3 338 000
Cost of Goods Sold	1 746 000	2 740 000	544 000	17 000
Salary Costs	2 152 000	1 450 000	1 796 000	1 294 000
Depreciation	380 000	379 000	205 000	215 000
Impairment	0	0	250 000	0
Expenditure	4 949 000	5 547 000	3 242 000	2 149 000
Operating Profit	−147 000	1 637 000	1 463 000	1 189 000
Financial Income	5 000	19 000	8 000	9 000
Financial Costs	33 000	21 000	2 000	5 000
Financial Balance	−28 000	−2 000	6 000	4 000
Dividends	325 000	970 000	500 000	900 000
Net Income	−537 000	1 275 000	1 117 000	930 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	250 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	41 000	33 000	44 000
Fixtures	3 897 000	1 162 000	747 000	323 000
Total Tangible Assets	3 897 000	1 203 000	780 000	367 000
Total Fiancial Fixed Assets	42 000	18 000	0	67 000
Total Fixed Assets	3 939 000	1 221 000	780 000	684 000
Stock	0	2 078 000	2 800 000	2 116 000
Total Investments	0	3 000	3 000	3 000
Cash, Bank	1 312 000	2 442 000	498 000	1 333 000
Total Current Assets	1 587 000	4 526 000	4 950 000	3 807 000
Total Assets	5 527 000	5 748 000	5 730 000	4 490 000
Total Equity	2 879 000	3 741 000	3 436 000	2 819 000
Short-Term Group Debt	1 049 000	0	0	0
Total Long-Term Debt	846 000	569 000	0	5 000
Creditors	47 000	16 000	46 000	99 000
Unpaid Taxes	454 000	350 000	474 000	258 000
Dividends	325 000	970 000	500 000	900 000
Other Current Debt	252 000	212 000	918 000	134 000
Total Current Debt	1 802 000	1 439 000	2 294 000	1 666 000
Total Equity and Debt	5 527 000	5 748 000	5 730 000	4 490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,65 %	34,08 %	32,51 %	32,99 %
Debt-to-Equity Ratio	0,29	0,15	0	0
Operating Profit Margin	−3,06 %	22,79 %	31,09 %	35,62 %
Current Ratio	0,88	3,15	2,16	2,29
Quick Ratio	0,88	−7,08	−9,78	−8,46
Equity Ratio	0,52	0,65	0,6	0,63
Gross Profit Margin	63,64 %	61,85 %	88,44 %	99,49 %