FLAK AS

4636 KRISTIANSAND S

Finances

Return on Equity

31,45 %

Current Ratio

4,71

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	291 062 000	321 931 000	249 782 000	199 019 000
Net Income	42 536 000	55 077 000	32 439 000	15 638 000
Total Assets	180 764 000	157 801 000	128 067 000	107 273 000
Total Equity	135 232 000	92 697 000	74 151 000	52 412 000

Income (NOK)	2022	2021	2020	2019
Revenue	291 062 000	321 931 000	249 782 000	199 019 000
Expenditure	235 782 000	252 637 000	205 647 000	177 726 000
Operating Profit	55 281 000	69 294 000	44 135 000	21 294 000
Financial Income	1 001 000	1 902 000	247 000	1 244 000
Financial Costs	1 712 000	553 000	2 462 000	2 384 000
Financial Balance	−711 000	1 349 000	−2 215 000	−1 140 000
Earnings Before Tax	54 570 000	70 643 000	41 920 000	20 154 000
Tax	12 035 000	15 566 000	9 481 000	4 516 000
Net Income	42 536 000	55 077 000	32 439 000	15 638 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 407 000	9 910 000	4 202 000	9 235 000
Total Current Assets	171 357 000	147 891 000	123 865 000	98 037 000
Total Assets	180 764 000	157 801 000	128 067 000	107 273 000
Total Retained Equity	127 012 000	84 476 000	65 930 000	44 191 000
Total Equity	135 232 000	92 697 000	74 151 000	52 412 000
Total Long-Term Debt	9 167 000	10 633 000	12 100 000	13 567 000
Total Current Debt	36 365 000	54 471 000	41 816 000	41 295 000
Total Equity and Debt	180 764 000	157 801 000	128 067 000	107 273 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	290 968 000	321 891 000	249 762 000	198 976 000
Other Income	94 000	40 000	20 000	43 000
Revenue	291 062 000	321 931 000	249 782 000	199 019 000
Cost of Goods Sold	187 386 000	202 184 000	157 036 000	134 783 000
Salary Costs	29 882 000	31 771 000	26 337 000	27 247 000
Depreciation	1 137 000	1 025 000	656 000	572 000
Impairment	0	0	0	0
Expenditure	235 782 000	252 637 000	205 647 000	177 726 000
Operating Profit	55 281 000	69 294 000	44 135 000	21 294 000
Financial Income	1 001 000	1 902 000	247 000	1 244 000
Financial Costs	1 712 000	553 000	2 462 000	2 384 000
Financial Balance	−711 000	1 349 000	−2 215 000	−1 140 000
Dividends	0	0	0	0
Net Income	42 536 000	55 077 000	32 439 000	15 638 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 137 000	1 516 000	0	0
Total Intangible Assets	3 289 000	4 388 000	1 748 000	975 000
Real Eastate	100 000	107 000	117 000	127 000
Machinery and Plant Facilities	119 000	150 000	181 000	212 000
Fixtures	2 612 000	1 795 000	1 717 000	2 096 000
Total Tangible Assets	2 831 000	2 052 000	2 015 000	2 435 000
Total Fiancial Fixed Assets	3 287 000	3 470 000	439 000	5 826 000
Total Fixed Assets	9 407 000	9 910 000	4 202 000	9 235 000
Stock	106 647 000	104 377 000	65 128 000	74 479 000
Total Investments	0	0	0	0
Cash, Bank	46 304 000	20 360 000	35 651 000	6 045 000
Total Current Assets	171 357 000	147 891 000	123 865 000	98 037 000
Total Assets	180 764 000	157 801 000	128 067 000	107 273 000
Total Equity	135 232 000	92 697 000	74 151 000	52 412 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 167 000	10 633 000	12 100 000	13 567 000
Creditors	8 026 000	19 723 000	19 139 000	18 158 000
Unpaid Taxes	7 475 000	6 790 000	6 429 000	4 166 000
Dividends	0	0	0	0
Other Current Debt	5 363 000	8 557 000	5 944 000	2 859 000
Total Current Debt	36 365 000	54 471 000	41 816 000	41 295 000
Total Equity and Debt	180 764 000	157 801 000	128 067 000	107 273 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,45 %	59,42 %	43,75 %	29,84 %
Debt-to-Equity Ratio	0,07	0,11	0,16	0,26
Operating Profit Margin	18,99 %	21,52 %	17,67 %	10,7 %
Current Ratio	4,71	2,72	2,96	2,37
Quick Ratio	−2,44	−2,96	−5,31	−2,95
Equity Ratio	0,75	0,59	0,58	0,49
Gross Profit Margin	35,62 %	37,2 %	37,13 %	32,28 %