FLEXIMEK AS

3750 DRANGEDAL

Finances

Share Ownership

Return on Equity

7,32 %

Current Ratio

0,13

Debt-to-Equity Ratio

−0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 617 000	925 000	290 000	424 000
Net Income	−68 000	−123 000	−546 000	−305 000
Total Assets	167 000	46 000	70 000	161 000
Total Equity	−929 000	−861 000	−737 000	−191 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 617 000	925 000	290 000	424 000
Expenditure	1 692 000	1 041 000	829 000	746 000
Operating Profit	−65 000	−117 000	−539 000	−322 000
Financial Income	0	0	0	0
Financial Costs	3 000	7 000	7 000	2 000
Financial Balance	−3 000	−7 000	−7 000	−2 000
Earnings Before Tax	−68 000	−123 000	−546 000	−324 000
Tax	0	0	0	−19 000
Net Income	−68 000	−123 000	−546 000	−305 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	7 000	14 000	49 000
Total Current Assets	137 000	39 000	57 000	112 000
Total Assets	167 000	46 000	70 000	161 000
Total Retained Equity	−959 000	−891 000	−767 000	−221 000
Total Equity	−929 000	−861 000	−737 000	−191 000
Total Long-Term Debt	38 000	0	287 000	41 000
Total Current Debt	1 058 000	907 000	521 000	311 000
Total Equity and Debt	167 000	46 000	70 000	161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 617 000	925 000	290 000	424 000
Other Income	0	0	0	0
Revenue	1 617 000	925 000	290 000	424 000
Cost of Goods Sold	974 000	741 000	491 000	207 000
Salary Costs	340 000	17 000	6 000	164 000
Depreciation	7 000	7 000	36 000	36 000
Impairment	0	0	0	0
Expenditure	1 692 000	1 041 000	829 000	746 000
Operating Profit	−65 000	−117 000	−539 000	−322 000
Financial Income	0	0	0	0
Financial Costs	3 000	7 000	7 000	2 000
Financial Balance	−3 000	−7 000	−7 000	−2 000
Dividends	0	0	0	0
Net Income	−68 000	−123 000	−546 000	−305 000

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	30 000	7 000	14 000	49 000
Total Tangible Assets	30 000	7 000	14 000	49 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	7 000	14 000	49 000
Stock	21 000	11 000	16 000	15 000
Total Investments	0	0	0	0
Cash, Bank	−100 000	36 000	22 000	1 000
Total Current Assets	137 000	39 000	57 000	112 000
Total Assets	167 000	46 000	70 000	161 000
Total Equity	−929 000	−861 000	−737 000	−191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 000	0	287 000	41 000
Creditors	90 000	85 000	9 000	21 000
Unpaid Taxes	73 000	64 000	16 000	16 000
Dividends	0	0	0	0
Other Current Debt	895 000	758 000	496 000	274 000
Total Current Debt	1 058 000	907 000	521 000	311 000
Total Equity and Debt	167 000	46 000	70 000	161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,32 %	14,29 %	74,08 %	159,69 %
Debt-to-Equity Ratio	−0,04	−0	−0,39	−0,21
Operating Profit Margin	−4,02 %	−12,65 %	−185,86 %	−75,94 %
Current Ratio	0,13	0,04	0,11	0,36
Quick Ratio	0,13	0,04	0,11	0,38
Equity Ratio	−5,56	−18,72	−10,53	−1,19
Gross Profit Margin	39,76 %	19,89 %	−69,31 %	51,18 %