FLYT ENTREPRENØR AS

0585 OSLO

Finances

Return on Equity

48,52 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	204 955 000	196 249 000	139 515 000	93 048 000
Net Income	5 309 000	7 723 000	7 767 000	3 511 000
Total Assets	73 737 000	75 078 000	51 100 000	15 090 000
Total Equity	10 942 000	8 433 000	5 466 000	3 699 000

Income (NOK)	2022	2021	2020	2019
Revenue	204 955 000	196 249 000	139 515 000	93 048 000
Expenditure	199 308 000	186 917 000	129 478 000	88 436 000
Operating Profit	5 646 000	9 332 000	10 037 000	4 612 000
Financial Income	1 930 000	938 000	12 000	25 000
Financial Costs	751 000	531 000	63 000	94 000
Financial Balance	1 179 000	407 000	−51 000	−69 000
Earnings Before Tax	6 826 000	9 740 000	9 986 000	4 543 000
Tax	1 517 000	2 017 000	2 219 000	1 032 000
Net Income	5 309 000	7 723 000	7 767 000	3 511 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 930 000	19 133 000	17 662 000	1 791 000
Total Current Assets	55 807 000	55 945 000	33 439 000	13 299 000
Total Assets	73 737 000	75 078 000	51 100 000	15 090 000
Total Retained Equity	10 868 000	8 359 000	5 436 000	3 669 000
Total Equity	10 942 000	8 433 000	5 466 000	3 699 000
Total Long-Term Debt	9 423 000	13 722 000	12 671 000	1 263 000
Total Current Debt	53 371 000	52 923 000	32 963 000	10 128 000
Total Equity and Debt	73 737 000	75 078 000	51 100 000	15 090 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	204 955 000	196 186 000	139 232 000	93 006 000
Other Income	0	63 000	283 000	42 000
Revenue	204 955 000	196 249 000	139 515 000	93 048 000
Cost of Goods Sold	155 074 000	148 956 000	103 800 000	69 976 000
Salary Costs	33 522 000	28 333 000	18 567 000	13 432 000
Depreciation	595 000	632 000	541 000	428 000
Impairment	0	0	0	0
Expenditure	199 308 000	186 917 000	129 478 000	88 436 000
Operating Profit	5 646 000	9 332 000	10 037 000	4 612 000
Financial Income	1 930 000	938 000	12 000	25 000
Financial Costs	751 000	531 000	63 000	94 000
Financial Balance	1 179 000	407 000	−51 000	−69 000
Dividends	2 800 000	4 800 000	6 000 000	2 000 000
Net Income	5 309 000	7 723 000	7 767 000	3 511 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	49 000
Real Eastate	1 077 000	1 489 000	1 900 000	0
Machinery and Plant Facilities	0	92 000	10 000	82 000
Fixtures	188 000	359 000	303 000	1 010 000
Total Tangible Assets	1 265 000	1 940 000	2 213 000	1 092 000
Total Fiancial Fixed Assets	16 665 000	17 193 000	15 449 000	650 000
Total Fixed Assets	17 930 000	19 133 000	17 662 000	1 791 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 143 000	14 257 000	13 533 000	2 557 000
Total Current Assets	55 807 000	55 945 000	33 439 000	13 299 000
Total Assets	73 737 000	75 078 000	51 100 000	15 090 000
Total Equity	10 942 000	8 433 000	5 466 000	3 699 000
Short-Term Group Debt	4 320 000	0	0	0
Total Long-Term Debt	9 423 000	13 722 000	12 671 000	1 263 000
Creditors	19 545 000	22 056 000	8 994 000	3 965 000
Unpaid Taxes	4 224 000	5 569 000	1 750 000	2 097 000
Dividends	2 800 000	4 800 000	6 000 000	2 000 000
Other Current Debt	22 393 000	19 646 000	15 158 000	1 129 000
Total Current Debt	53 371 000	52 923 000	32 963 000	10 128 000
Total Equity and Debt	73 737 000	75 078 000	51 100 000	15 090 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,52 %	91,58 %	142,1 %	94,92 %
Debt-to-Equity Ratio	0,86	1,63	2,32	0,34
Operating Profit Margin	2,75 %	4,76 %	7,19 %	4,96 %
Current Ratio	1,05	1,06	1,01	1,31
Quick Ratio	1,05	1,06	1,01	1,31
Equity Ratio	0,15	0,11	0,11	0,25
Gross Profit Margin	24,34 %	24,1 %	25,6 %	24,8 %