FLAGET UTLEIE AS

3550 GOL

Finances

Share Ownership

Return on Equity

16,66 %

Current Ratio

4,65

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 516 000	5 321 000	6 451 000	8 474 000
Net Income	374 000	366 000	535 000	844 000
Total Assets	3 507 000	3 805 000	3 632 000	3 318 000
Total Equity	2 245 000	1 871 000	2 305 000	1 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 516 000	5 321 000	6 451 000	8 474 000
Expenditure	5 025 000	4 851 000	5 770 000	7 400 000
Operating Profit	491 000	469 000	681 000	1 074 000
Financial Income	0	0	0	1 000
Financial Costs	8 000	1 000	3 000	3 000
Financial Balance	−8 000	−1 000	−3 000	−2 000
Earnings Before Tax	482 000	468 000	679 000	1 071 000
Tax	108 000	102 000	144 000	228 000
Net Income	374 000	366 000	535 000	844 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	487 000	520 000	352 000	390 000
Total Current Assets	3 020 000	3 285 000	3 280 000	2 928 000
Total Assets	3 507 000	3 805 000	3 632 000	3 318 000
Total Retained Equity	2 215 000	1 841 000	2 275 000	1 740 000
Total Equity	2 245 000	1 871 000	2 305 000	1 770 000
Total Long-Term Debt	613 000	269 000	292 000	245 000
Total Current Debt	649 000	1 665 000	1 035 000	1 303 000
Total Equity and Debt	3 507 000	3 805 000	3 632 000	3 318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 411 000	5 275 000	6 431 000	8 474 000
Other Income	105 000	46 000	20 000	0
Revenue	5 516 000	5 321 000	6 451 000	8 474 000
Cost of Goods Sold	3 599 000	3 660 000	4 671 000	6 350 000
Salary Costs	852 000	734 000	644 000	694 000
Depreciation	93 000	85 000	88 000	67 000
Impairment	0	0	0	0
Expenditure	5 025 000	4 851 000	5 770 000	7 400 000
Operating Profit	491 000	469 000	681 000	1 074 000
Financial Income	0	0	0	1 000
Financial Costs	8 000	1 000	3 000	3 000
Financial Balance	−8 000	−1 000	−3 000	−2 000
Dividends	0	800 000	0	0
Net Income	374 000	366 000	535 000	844 000

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	177 000	162 000	50 000	45 000
Fixtures	81 000	95 000	5 000	14 000
Total Tangible Assets	487 000	520 000	352 000	390 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	487 000	520 000	352 000	390 000
Stock	4 000	4 000	4 000	25 000
Total Investments	0	0	0	0
Cash, Bank	1 684 000	2 014 000	2 413 000	1 855 000
Total Current Assets	3 020 000	3 285 000	3 280 000	2 928 000
Total Assets	3 507 000	3 805 000	3 632 000	3 318 000
Total Equity	2 245 000	1 871 000	2 305 000	1 770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	613 000	269 000	292 000	245 000
Creditors	187 000	266 000	412 000	671 000
Unpaid Taxes	192 000	303 000	272 000	231 000
Dividends	0	800 000	0	0
Other Current Debt	181 000	209 000	207 000	173 000
Total Current Debt	649 000	1 665 000	1 035 000	1 303 000
Total Equity and Debt	3 507 000	3 805 000	3 632 000	3 318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,66 %	19,56 %	23,21 %	47,68 %
Debt-to-Equity Ratio	0,27	0,14	0,13	0,14
Operating Profit Margin	8,9 %	8,81 %	10,56 %	12,67 %
Current Ratio	4,65	1,97	3,17	2,25
Quick Ratio	4,68	1,98	3,18	2,29
Equity Ratio	0,64	0,49	0,63	0,53
Gross Profit Margin	34,75 %	31,22 %	27,59 %	25,06 %