FLATØY GRUPPEN AS

8900 BRØNNØYSUND

Finances

Share Ownership

Return on Equity

64,94 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	371 000	266 000	20 000	16 000
Net Income	50 000	10 000	3 000	0
Total Assets	150 000	114 000	17 000	38 000
Total Equity	77 000	27 000	17 000	14 000

Income (NOK)	2022	2021	2020	2019
Revenue	371 000	266 000	20 000	16 000
Expenditure	305 000	252 000	15 000	16 000
Operating Profit	66 000	14 000	4 000	1 000
Financial Income	0	0	0	0
Financial Costs	1 000	−1 000	0	0
Financial Balance	−1 000	1 000	0	0
Earnings Before Tax	64 000	13 000	4 000	1 000
Tax	14 000	3 000	1 000	0
Net Income	50 000	10 000	3 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	61 000	9 000	10 000
Total Current Assets	108 000	53 000	8 000	28 000
Total Assets	150 000	114 000	17 000	38 000
Total Retained Equity	27 000	−22 000	−33 000	−36 000
Total Equity	77 000	27 000	17 000	14 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	72 000	87 000	0	25 000
Total Equity and Debt	150 000	114 000	17 000	38 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	371 000	266 000	0	16 000
Other Income	0	0	20 000	0
Revenue	371 000	266 000	20 000	16 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	13 000	0	0	0
Impairment	0	0	0	0
Expenditure	305 000	252 000	15 000	16 000
Operating Profit	66 000	14 000	4 000	1 000
Financial Income	0	0	0	0
Financial Costs	1 000	−1 000	0	0
Financial Balance	−1 000	1 000	0	0
Dividends	0	0	0	0
Net Income	50 000	10 000	3 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	6 000	9 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	55 000	0	0
Total Tangible Assets	42 000	55 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 000	61 000	9 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	108 000	53 000	8 000	28 000
Total Current Assets	108 000	53 000	8 000	28 000
Total Assets	150 000	114 000	17 000	38 000
Total Equity	77 000	27 000	17 000	14 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	30 000	0	0
Unpaid Taxes	2 000	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	57 000	57 000	0	24 000
Total Current Debt	72 000	87 000	0	25 000
Total Equity and Debt	150 000	114 000	17 000	38 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,94 %	37,04 %	17,65 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,79 %	5,26 %	20 %	6,25 %
Current Ratio	1,5	0,61	-	1,12
Quick Ratio	1,5	0,61	-	1,12
Equity Ratio	0,51	0,24	1	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %