FLEXIFIKS AS

4365 NÆRBØ

Finances

Share Ownership

Return on Equity

52,48 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	962 000	831 000	600 000	495 000
Net Income	74 000	322 000	−62 000	27 000
Total Assets	438 000	514 000	410 000	343 000
Total Equity	141 000	152 000	190 000	252 000

Income (NOK)	2021	2020	2019	2018
Revenue	962 000	831 000	600 000	495 000
Expenditure	867 000	413 000	668 000	457 000
Operating Profit	95 000	418 000	−68 000	38 000
Financial Income	0	0	0	0
Financial Costs	1 000	5 000	5 000	3 000
Financial Balance	−1 000	−5 000	−5 000	−3 000
Earnings Before Tax	95 000	413 000	−73 000	35 000
Tax	21 000	91 000	−11 000	8 000
Net Income	74 000	322 000	−62 000	27 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	83 000	160 000	11 000	0
Total Current Assets	356 000	354 000	399 000	343 000
Total Assets	438 000	514 000	410 000	343 000
Total Retained Equity	111 000	122 000	160 000	222 000
Total Equity	141 000	152 000	190 000	252 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	298 000	363 000	220 000	91 000
Total Equity and Debt	438 000	514 000	410 000	343 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	962 000	831 000	600 000	495 000
Other Income	0	0	0	0
Revenue	962 000	831 000	600 000	495 000
Cost of Goods Sold	405 000	229 000	310 000	311 000
Salary Costs	175 000	4 000	128 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	867 000	413 000	668 000	457 000
Operating Profit	95 000	418 000	−68 000	38 000
Financial Income	0	0	0	0
Financial Costs	1 000	5 000	5 000	3 000
Financial Balance	−1 000	−5 000	−5 000	−3 000
Dividends	85 000	160 000	0	53 000
Net Income	74 000	322 000	−62 000	27 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	83 000	160 000	0	0
Total Fixed Assets	83 000	160 000	11 000	0
Stock	194 000	190 000	203 000	235 000
Total Investments	0	0	0	0
Cash, Bank	105 000	41 000	28 000	35 000
Total Current Assets	356 000	354 000	399 000	343 000
Total Assets	438 000	514 000	410 000	343 000
Total Equity	141 000	152 000	190 000	252 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	37 000	64 000	102 000	55 000
Unpaid Taxes	59 000	58 000	48 000	23 000
Dividends	85 000	160 000	0	53 000
Other Current Debt	15 000	0	69 000	5 000
Total Current Debt	298 000	363 000	220 000	91 000
Total Equity and Debt	438 000	514 000	410 000	343 000

Financial indicators	2021	2020	2019	2018
Return on Equity	52,48 %	211,84 %	−32,63 %	10,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,88 %	50,3 %	−11,33 %	7,68 %
Current Ratio	1,19	0,98	1,81	3,77
Quick Ratio	3,42	2,05	23,47	−2,38
Equity Ratio	0,32	0,3	0,46	0,73
Gross Profit Margin	57,9 %	72,44 %	48,33 %	37,17 %