FLYO AS

0976 OSLO

Finances

Share Ownership

Return on Equity

52,59 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 221 000	7 821 000	4 180 000	3 966 000
Net Income	2 459 000	1 485 000	880 000	94 000
Total Assets	8 112 000	4 675 000	2 090 000	828 000
Total Equity	4 676 000	2 217 000	732 000	−148 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 221 000	7 821 000	4 180 000	3 966 000
Expenditure	13 043 000	5 934 000	3 126 000	3 843 000
Operating Profit	3 177 000	1 887 000	1 056 000	123 000
Financial Income	21 000	1 000	1 000	0
Financial Costs	25 000	6 000	18 000	29 000
Financial Balance	−4 000	−5 000	−17 000	−29 000
Earnings Before Tax	3 174 000	1 883 000	1 039 000	94 000
Tax	715 000	398 000	159 000	0
Net Income	2 459 000	1 485 000	880 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 252 000	2 252 000	1 886 000	775 000
Total Current Assets	5 860 000	2 423 000	204 000	53 000
Total Assets	8 112 000	4 675 000	2 090 000	828 000
Total Retained Equity	4 646 000	2 187 000	702 000	−178 000
Total Equity	4 676 000	2 217 000	732 000	−148 000
Total Long-Term Debt	584 000	266 000	72 000	367 000
Total Current Debt	2 852 000	2 192 000	1 286 000	609 000
Total Equity and Debt	8 112 000	4 675 000	2 090 000	828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 128 000	7 763 000	4 180 000	3 546 000
Other Income	93 000	58 000	0	420 000
Revenue	16 221 000	7 821 000	4 180 000	3 966 000
Cost of Goods Sold	499 000	211 000	68 000	3 481 000
Salary Costs	6 609 000	2 766 000	1 225 000	0
Depreciation	866 000	615 000	394 000	208 000
Impairment	0	0	82 000	0
Expenditure	13 043 000	5 934 000	3 126 000	3 843 000
Operating Profit	3 177 000	1 887 000	1 056 000	123 000
Financial Income	21 000	1 000	1 000	0
Financial Costs	25 000	6 000	18 000	29 000
Financial Balance	−4 000	−5 000	−17 000	−29 000
Dividends	0	0	0	0
Net Income	2 459 000	1 485 000	880 000	94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	152 000	222 000	292 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 101 000	2 030 000	1 595 000	775 000
Total Tangible Assets	2 101 000	2 030 000	1 595 000	775 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 252 000	2 252 000	1 886 000	775 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 815 000	2 405 000	204 000	4 000
Total Current Assets	5 860 000	2 423 000	204 000	53 000
Total Assets	8 112 000	4 675 000	2 090 000	828 000
Total Equity	4 676 000	2 217 000	732 000	−148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	584 000	266 000	72 000	367 000
Creditors	99 000	71 000	35 000	0
Unpaid Taxes	645 000	395 000	35 000	19 000
Dividends	0	0	0	0
Other Current Debt	1 381 000	1 311 000	1 058 000	590 000
Total Current Debt	2 852 000	2 192 000	1 286 000	609 000
Total Equity and Debt	8 112 000	4 675 000	2 090 000	828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,59 %	66,98 %	120,22 %	−63,51 %
Debt-to-Equity Ratio	0,12	0,12	0,1	−2,48
Operating Profit Margin	19,59 %	24,13 %	25,26 %	3,1 %
Current Ratio	2,05	1,11	0,16	0,09
Quick Ratio	2,05	1,11	0,16	0,09
Equity Ratio	0,58	0,47	0,35	−0,18
Gross Profit Margin	96,92 %	97,3 %	98,37 %	12,23 %