FLAGET PROSJEKT AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

−5,89 %

Current Ratio

2 394,83

Debt-to-Equity Ratio

3,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 482 000	12 805 000	0	0
Net Income	−173 000	424 000	−34 000	−18 000
Total Assets	14 369 000	15 182 000	19 251 000	17 728 000
Total Equity	2 938 000	1 421 000	997 000	1 032 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 482 000	12 805 000	0	0
Expenditure	1 383 000	12 111 000	34 000	18 000
Operating Profit	99 000	693 000	−34 000	−18 000
Financial Income	1 000	0	0	0
Financial Costs	322 000	165 000	0	0
Financial Balance	−321 000	−165 000	0	0
Earnings Before Tax	−222 000	529 000	−34 000	−18 000
Tax	−49 000	105 000	0	0
Net Income	−173 000	424 000	−34 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	14 369 000	15 182 000	19 251 000	17 728 000
Total Assets	14 369 000	15 182 000	19 251 000	17 728 000
Total Retained Equity	198 000	371 000	−53 000	−18 000
Total Equity	2 938 000	1 421 000	997 000	1 032 000
Total Long-Term Debt	11 425 000	11 919 000	17 209 000	16 650 000
Total Current Debt	6 000	1 842 000	1 044 000	46 000
Total Equity and Debt	14 369 000	15 182 000	19 251 000	17 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 482 000	12 805 000	0	0
Other Income	0	0	0	0
Revenue	1 482 000	12 805 000	0	0
Cost of Goods Sold	1 353 000	12 090 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 383 000	12 111 000	34 000	18 000
Operating Profit	99 000	693 000	−34 000	−18 000
Financial Income	1 000	0	0	0
Financial Costs	322 000	165 000	0	0
Financial Balance	−321 000	−165 000	0	0
Dividends	0	0	0	3 000 000
Net Income	−173 000	424 000	−34 000	−18 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	12 181 000	12 582 000	19 231 000	17 712 000
Total Investments	0	0	0	0
Cash, Bank	22 000	1 971 000	20 000	16 000
Total Current Assets	14 369 000	15 182 000	19 251 000	17 728 000
Total Assets	14 369 000	15 182 000	19 251 000	17 728 000
Total Equity	2 938 000	1 421 000	997 000	1 032 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 425 000	11 919 000	17 209 000	16 650 000
Creditors	0	1 842 000	18 000	18 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	3 000 000
Other Current Debt	6 000	0	21 000	28 000
Total Current Debt	6 000	1 842 000	1 044 000	46 000
Total Equity and Debt	14 369 000	15 182 000	19 251 000	17 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,89 %	29,84 %	−3,41 %	−1,74 %
Debt-to-Equity Ratio	3,89	8,39	17,26	16,13
Operating Profit Margin	6,68 %	5,41 %	-	-
Current Ratio	2 394,83	8,24	18,44	385,39
Quick Ratio	−1,18	−1,41	−1,06	−1
Equity Ratio	0,2	0,09	0,05	0,06
Gross Profit Margin	8,7 %	5,58 %	-	-