FRITZ FLAK AS

3181 HORTEN

Finances

Share Ownership

Return on Equity

−5,74 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	233 000	236 000	282 000	502 000
Net Income	−277 000	−266 000	8 000	163 000
Total Assets	4 882 000	5 150 000	5 411 000	5 394 000
Total Equity	4 828 000	5 105 000	5 371 000	5 363 000

Income (NOK)	2022	2021	2020	2019
Revenue	233 000	236 000	282 000	502 000
Expenditure	512 000	503 000	275 000	339 000
Operating Profit	−278 000	−267 000	8 000	162 000
Financial Income	2 000	2 000	3 000	1 000
Financial Costs	0	0	3 000	0
Financial Balance	2 000	2 000	0	1 000
Earnings Before Tax	−277 000	−266 000	8 000	163 000
Tax	0	0	0	0
Net Income	−277 000	−266 000	8 000	163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 770 000	4 753 000	4 753 000	5 087 000
Total Current Assets	112 000	397 000	657 000	306 000
Total Assets	4 882 000	5 150 000	5 411 000	5 394 000
Total Retained Equity	0	0	171 000	163 000
Total Equity	4 828 000	5 105 000	5 371 000	5 363 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	54 000	45 000	40 000	31 000
Total Equity and Debt	4 882 000	5 150 000	5 411 000	5 394 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	233 000	236 000	282 000	502 000
Revenue	233 000	236 000	282 000	502 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	330 000	33 000	115 000
Depreciation	0	0	16 000	50 000
Impairment	0	0	0	0
Expenditure	512 000	503 000	275 000	339 000
Operating Profit	−278 000	−267 000	8 000	162 000
Financial Income	2 000	2 000	3 000	1 000
Financial Costs	0	0	3 000	0
Financial Balance	2 000	2 000	0	1 000
Dividends	0	0	0	0
Net Income	−277 000	−266 000	8 000	163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 753 000	4 753 000	4 753 000	4 753 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	334 000
Total Tangible Assets	4 753 000	4 753 000	4 753 000	5 087 000
Total Fiancial Fixed Assets	16 000	0	0	0
Total Fixed Assets	4 770 000	4 753 000	4 753 000	5 087 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	384 000	651 000	276 000
Total Current Assets	112 000	397 000	657 000	306 000
Total Assets	4 882 000	5 150 000	5 411 000	5 394 000
Total Equity	4 828 000	5 105 000	5 371 000	5 363 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	12 000	21 000	0
Unpaid Taxes	0	6 000	4 000	19 000
Dividends	0	0	0	0
Other Current Debt	20 000	27 000	16 000	12 000
Total Current Debt	54 000	45 000	40 000	31 000
Total Equity and Debt	4 882 000	5 150 000	5 411 000	5 394 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,74 %	−5,21 %	0,15 %	3,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−119,31 %	−113,14 %	2,84 %	32,27 %
Current Ratio	2,07	8,82	16,43	9,87
Quick Ratio	2,07	8,82	16,43	9,87
Equity Ratio	0,99	0,99	0,99	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %