FLEKKEFJORD RØR & VARME AS

4400 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

75,86 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 164 000	17 219 000	13 555 000	11 405 000
Net Income	1 571 000	911 000	880 000	9 000
Total Assets	8 328 000	6 528 000	5 555 000	4 000 000
Total Equity	2 071 000	1 500 000	1 089 000	863 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 164 000	17 219 000	13 555 000	11 405 000
Expenditure	17 546 000	16 003 000	12 365 000	11 301 000
Operating Profit	1 617 000	1 216 000	1 190 000	104 000
Financial Income	367 000	20 000	20 000	3 000
Financial Costs	68 000	67 000	85 000	95 000
Financial Balance	299 000	−47 000	−65 000	−92 000
Earnings Before Tax	1 916 000	1 168 000	1 126 000	13 000
Tax	345 000	258 000	246 000	4 000
Net Income	1 571 000	911 000	880 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 000	272 000	287 000	272 000
Total Current Assets	8 183 000	6 256 000	5 268 000	3 728 000
Total Assets	8 328 000	6 528 000	5 555 000	4 000 000
Total Retained Equity	1 969 000	1 398 000	987 000	761 000
Total Equity	2 071 000	1 500 000	1 089 000	863 000
Total Long-Term Debt	747 000	1 155 000	1 562 000	1 583 000
Total Current Debt	5 510 000	3 873 000	2 904 000	1 553 000
Total Equity and Debt	8 328 000	6 528 000	5 555 000	4 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 011 000	17 219 000	13 552 000	11 393 000
Other Income	152 000	0	3 000	12 000
Revenue	19 164 000	17 219 000	13 555 000	11 405 000
Cost of Goods Sold	9 470 000	8 933 000	6 219 000	4 694 000
Salary Costs	5 566 000	4 838 000	4 133 000	4 627 000
Depreciation	13 000	0	0	142 000
Impairment	0	0	0	0
Expenditure	17 546 000	16 003 000	12 365 000	11 301 000
Operating Profit	1 617 000	1 216 000	1 190 000	104 000
Financial Income	367 000	20 000	20 000	3 000
Financial Costs	68 000	67 000	85 000	95 000
Financial Balance	299 000	−47 000	−65 000	−92 000
Dividends	1 000 000	500 000	400 000	0
Net Income	1 571 000	911 000	880 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	32 000	33 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	0	0	0
Total Tangible Assets	69 000	0	0	0
Total Fiancial Fixed Assets	44 000	240 000	254 000	245 000
Total Fixed Assets	145 000	272 000	287 000	272 000
Stock	2 815 000	2 587 000	2 411 000	2 256 000
Total Investments	0	0	0	0
Cash, Bank	1 872 000	354 000	470 000	742 000
Total Current Assets	8 183 000	6 256 000	5 268 000	3 728 000
Total Assets	8 328 000	6 528 000	5 555 000	4 000 000
Total Equity	2 071 000	1 500 000	1 089 000	863 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	747 000	1 155 000	1 562 000	1 583 000
Creditors	1 957 000	1 631 000	1 216 000	404 000
Unpaid Taxes	973 000	644 000	598 000	279 000
Dividends	1 000 000	500 000	400 000	0
Other Current Debt	1 228 000	809 000	438 000	842 000
Total Current Debt	5 510 000	3 873 000	2 904 000	1 553 000
Total Equity and Debt	8 328 000	6 528 000	5 555 000	4 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,86 %	60,73 %	80,81 %	1,04 %
Debt-to-Equity Ratio	0,36	0,77	1,43	1,83
Operating Profit Margin	8,44 %	7,06 %	8,78 %	0,91 %
Current Ratio	1,49	1,62	1,81	2,4
Quick Ratio	3,04	4,86	10,69	−5,3
Equity Ratio	0,25	0,23	0,2	0,22
Gross Profit Margin	50,58 %	48,12 %	54,12 %	58,84 %