FLEXI HOLDING AS

3735 SKIEN

Finances

Return on Equity

−153,19 %

Current Ratio

16,43

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	839 000	489 000	311 000	1 127 000
Net Income	−504 000	−1 392 000	−67 000	86 000
Total Assets	740 000	1 360 000	2 943 000	3 199 000
Total Equity	329 000	833 000	2 305 000	2 452 000

Income (NOK)	2022	2021	2020	2019
Revenue	839 000	489 000	311 000	1 127 000
Expenditure	726 000	533 000	371 000	1 009 000
Operating Profit	113 000	−44 000	−60 000	118 000
Financial Income	0	0	0	1 000
Financial Costs	597 000	1 347 000	26 000	32 000
Financial Balance	−597 000	−1 347 000	−26 000	−31 000
Earnings Before Tax	−484 000	−1 391 000	−86 000	87 000
Tax	20 000	1 000	−19 000	1 000
Net Income	−504 000	−1 392 000	−67 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	669 000	2 029 000	1 365 000
Total Current Assets	690 000	691 000	914 000	1 834 000
Total Assets	740 000	1 360 000	2 943 000	3 199 000
Total Retained Equity	299 000	803 000	2 275 000	2 422 000
Total Equity	329 000	833 000	2 305 000	2 452 000
Total Long-Term Debt	369 000	446 000	522 000	594 000
Total Current Debt	42 000	82 000	116 000	153 000
Total Equity and Debt	740 000	1 360 000	2 943 000	3 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	838 000	267 000	311 000	1 127 000
Other Income	1 000	223 000	0	0
Revenue	839 000	489 000	311 000	1 127 000
Cost of Goods Sold	383 000	0	0	667 000
Salary Costs	0	0	0	0
Depreciation	27 000	23 000	21 000	5 000
Impairment	0	0	0	0
Expenditure	726 000	533 000	371 000	1 009 000
Operating Profit	113 000	−44 000	−60 000	118 000
Financial Income	0	0	0	1 000
Financial Costs	597 000	1 347 000	26 000	32 000
Financial Balance	−597 000	−1 347 000	−26 000	−31 000
Dividends	0	80 000	80 000	125 000
Net Income	−504 000	−1 392 000	−67 000	86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	18 000	19 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	62 000	94 000	20 000
Total Tangible Assets	35 000	62 000	94 000	20 000
Total Fiancial Fixed Assets	15 000	590 000	1 916 000	1 345 000
Total Fixed Assets	50 000	669 000	2 029 000	1 365 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	193 000	242 000	437 000	517 000
Total Current Assets	690 000	691 000	914 000	1 834 000
Total Assets	740 000	1 360 000	2 943 000	3 199 000
Total Equity	329 000	833 000	2 305 000	2 452 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	369 000	446 000	522 000	594 000
Creditors	9 000	0	30 000	24 000
Unpaid Taxes	31 000	0	4 000	0
Dividends	0	80 000	80 000	125 000
Other Current Debt	2 000	2 000	2 000	3 000
Total Current Debt	42 000	82 000	116 000	153 000
Total Equity and Debt	740 000	1 360 000	2 943 000	3 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−153,19 %	−167,11 %	−2,91 %	3,51 %
Debt-to-Equity Ratio	1,12	0,54	0,23	0,24
Operating Profit Margin	13,47 %	−9 %	−19,29 %	10,47 %
Current Ratio	16,43	8,43	7,88	11,99
Quick Ratio	16,43	8,43	7,88	11,99
Equity Ratio	0,44	0,61	0,78	0,77
Gross Profit Margin	54,35 %	100 %	100 %	40,82 %