FLAMMEN FAGERNES AS

2900 FAGERNES

Finances

Share Ownership

Return on Equity

112,88 %

Current Ratio

−3,86

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	308 000	905 000	842 000	1 331 000
Net Income	−1 183 000	−117 000	77 000	−59 000
Total Assets	−699 000	328 000	535 000	410 000
Total Equity	−1 048 000	135 000	252 000	173 000

Income (NOK)	2022	2021	2020	2019
Revenue	308 000	905 000	842 000	1 331 000
Expenditure	1 831 000	1 059 000	751 000	1 368 000
Operating Profit	−1 523 000	−155 000	91 000	−37 000
Financial Income	2 000	3 000	2 000	2 000
Financial Costs	15 000	16 000	29 000	47 000
Financial Balance	−13 000	−13 000	−27 000	−45 000
Earnings Before Tax	−1 535 000	−169 000	65 000	−82 000
Tax	−326 000	0	0	0
Net Income	−1 183 000	−117 000	77 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	648 000	275 000	25 000	0
Total Current Assets	−1 346 000	53 000	509 000	410 000
Total Assets	−699 000	328 000	535 000	410 000
Total Retained Equity	−1 078 000	105 000	222 000	143 000
Total Equity	−1 048 000	135 000	252 000	173 000
Total Long-Term Debt	0	0	0	10 000
Total Current Debt	349 000	194 000	283 000	227 000
Total Equity and Debt	−699 000	328 000	535 000	410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	862 000	653 000	1 286 000
Other Income	308 000	43 000	189 000	45 000
Revenue	308 000	905 000	842 000	1 331 000
Cost of Goods Sold	2 000	103 000	41 000	163 000
Salary Costs	859 000	301 000	217 000	288 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 831 000	1 059 000	751 000	1 368 000
Operating Profit	−1 523 000	−155 000	91 000	−37 000
Financial Income	2 000	3 000	2 000	2 000
Financial Costs	15 000	16 000	29 000	47 000
Financial Balance	−13 000	−13 000	−27 000	−45 000
Dividends	0	0	0	0
Net Income	−1 183 000	−117 000	77 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	326 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	305 000	0	0	0
Total Tangible Assets	305 000	0	0	0
Total Fiancial Fixed Assets	16 000	275 000	25 000	0
Total Fixed Assets	648 000	275 000	25 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	110 000	41 000	1 000	−66 000
Total Current Assets	−1 346 000	53 000	509 000	410 000
Total Assets	−699 000	328 000	535 000	410 000
Total Equity	−1 048 000	135 000	252 000	173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	10 000
Creditors	266 000	132 000	191 000	77 000
Unpaid Taxes	−140 000	15 000	71 000	118 000
Dividends	0	0	0	0
Other Current Debt	223 000	28 000	0	0
Total Current Debt	349 000	194 000	283 000	227 000
Total Equity and Debt	−699 000	328 000	535 000	410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	112,88 %	−86,67 %	30,56 %	−34,1 %
Debt-to-Equity Ratio	−0	0	0	0,06
Operating Profit Margin	−494,48 %	−17,13 %	10,81 %	−2,78 %
Current Ratio	−3,86	0,27	1,8	1,81
Quick Ratio	−3,86	0,27	1,8	1,81
Equity Ratio	1,5	0,41	0,47	0,42
Gross Profit Margin	99,35 %	88,62 %	95,13 %	87,75 %