OLE E. FLÅTEN AS

6854 KAUPANGER

Finances

Share Ownership

Return on Equity

−85,71 %

Current Ratio

0,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	136 000	982 000	1 151 000	772 000
Net Income	−60 000	−110 000	175 000	−66 000
Total Assets	190 000	306 000	631 000	211 000
Total Equity	70 000	61 000	171 000	−4 000

Income (NOK)	2022	2021	2020	2019
Revenue	136 000	982 000	1 151 000	772 000
Expenditure	194 000	1 093 000	967 000	838 000
Operating Profit	−57 000	−110 000	185 000	−66 000
Financial Income	3 000	3 000	2 000	1 000
Financial Costs	5 000	6 000	9 000	0
Financial Balance	−2 000	−3 000	−7 000	1 000
Earnings Before Tax	−60 000	−114 000	178 000	−66 000
Tax	0	−4 000	4 000	0
Net Income	−60 000	−110 000	175 000	−66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 000	145 000	381 000	125 000
Total Current Assets	99 000	162 000	250 000	86 000
Total Assets	190 000	306 000	631 000	211 000
Total Retained Equity	−29 000	31 000	141 000	−34 000
Total Equity	70 000	61 000	171 000	−4 000
Total Long-Term Debt	0	0	4 000	0
Total Current Debt	119 000	245 000	456 000	215 000
Total Equity and Debt	190 000	306 000	631 000	211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	122 000	866 000	1 028 000	772 000
Other Income	14 000	117 000	124 000	0
Revenue	136 000	982 000	1 151 000	772 000
Cost of Goods Sold	0	300 000	168 000	59 000
Salary Costs	0	−6 000	0	23 000
Depreciation	46 000	63 000	88 000	89 000
Impairment	0	0	0	0
Expenditure	194 000	1 093 000	967 000	838 000
Operating Profit	−57 000	−110 000	185 000	−66 000
Financial Income	3 000	3 000	2 000	1 000
Financial Costs	5 000	6 000	9 000	0
Financial Balance	−2 000	−3 000	−7 000	1 000
Dividends	0	0	0	0
Net Income	−60 000	−110 000	175 000	−66 000

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	91 000	145 000	381 000	120 000
Fixtures	0	0	0	6 000
Total Tangible Assets	91 000	145 000	381 000	125 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	91 000	145 000	381 000	125 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	93 000	116 000	156 000	10 000
Total Current Assets	99 000	162 000	250 000	86 000
Total Assets	190 000	306 000	631 000	211 000
Total Equity	70 000	61 000	171 000	−4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 000	0
Creditors	0	24 000	181 000	69 000
Unpaid Taxes	4 000	6 000	0	19 000
Dividends	0	0	0	0
Other Current Debt	68 000	138 000	69 000	127 000
Total Current Debt	119 000	245 000	456 000	215 000
Total Equity and Debt	190 000	306 000	631 000	211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−85,71 %	−180,33 %	102,34 %	1 650 %
Debt-to-Equity Ratio	0	0	0,02	−0
Operating Profit Margin	−41,91 %	−11,2 %	16,07 %	−8,55 %
Current Ratio	0,83	0,66	0,55	0,4
Quick Ratio	0,83	0,66	0,55	0,4
Equity Ratio	0,37	0,2	0,27	−0,02
Gross Profit Margin	100 %	69,45 %	85,4 %	92,36 %