NORSK FLAGGFABRIKK AS

0174 OSLO

Finances

Share Ownership

Return on Equity

7,43 %

Current Ratio

0,53

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	228 000	37 000	94 000	1 000
Net Income	−13 000	−3 000	15 000	−120 000
Total Assets	200 000	21 000	65 000	36 000
Total Equity	−175 000	−161 000	−163 000	−178 000

Income (NOK)	2022	2021	2020	2019
Revenue	228 000	37 000	94 000	1 000
Expenditure	241 000	40 000	79 000	121 000
Operating Profit	−13 000	−3 000	15 000	−120 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−13 000	−3 000	15 000	−120 000
Tax	0	0	0	0
Net Income	−13 000	−3 000	15 000	−120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	15 000	14 000	23 000
Total Current Assets	200 000	6 000	51 000	12 000
Total Assets	200 000	21 000	65 000	36 000
Total Retained Equity	−245 000	−231 000	−233 000	−248 000
Total Equity	−175 000	−161 000	−163 000	−178 000
Total Long-Term Debt	0	0	11 000	11 000
Total Current Debt	375 000	183 000	216 000	202 000
Total Equity and Debt	200 000	21 000	65 000	36 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	228 000	37 000	94 000	1 000
Other Income	0	0	0	0
Revenue	228 000	37 000	94 000	1 000
Cost of Goods Sold	131 000	0	1 000	0
Salary Costs	40 000	1 000	0	0
Depreciation	15 000	4 000	9 000	21 000
Impairment	0	0	0	0
Expenditure	241 000	40 000	79 000	121 000
Operating Profit	−13 000	−3 000	15 000	−120 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−13 000	−3 000	15 000	−120 000

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	0	0	0	0
Fixtures	0	15 000	14 000	23 000
Total Tangible Assets	0	15 000	14 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	15 000	14 000	23 000
Stock	135 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	6 000	1 000	1 000
Total Current Assets	200 000	6 000	51 000	12 000
Total Assets	200 000	21 000	65 000	36 000
Total Equity	−175 000	−161 000	−163 000	−178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	11 000	11 000
Creditors	0	0	0	37 000
Unpaid Taxes	7 000	0	12 000	0
Dividends	0	0	0	0
Other Current Debt	367 000	182 000	204 000	165 000
Total Current Debt	375 000	183 000	216 000	202 000
Total Equity and Debt	200 000	21 000	65 000	36 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,43 %	1,86 %	−9,2 %	67,42 %
Debt-to-Equity Ratio	−0	−0	−0,07	−0,06
Operating Profit Margin	−5,7 %	−8,11 %	15,96 %	−12 000 %
Current Ratio	0,53	0,03	0,24	0,06
Quick Ratio	0,83	0,03	0,24	0,06
Equity Ratio	−0,88	−7,67	−2,51	−4,94
Gross Profit Margin	42,54 %	100 %	98,94 %	100 %