FLYTECH AS

0250 OSLO

Finances

Share Ownership

Return on Equity

15,88 %

Current Ratio

47,93

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	891 000	945 000	980 000	830 000
Net Income	168 000	174 000	161 000	48 000
Total Assets	1 783 000	1 543 000	1 321 000	1 464 000
Total Equity	1 058 000	891 000	733 000	572 000

Income (NOK)	2022	2021	2020	2019
Revenue	891 000	945 000	980 000	830 000
Expenditure	668 000	760 000	729 000	719 000
Operating Profit	223 000	185 000	250 000	111 000
Financial Income	0	0	0	0
Financial Costs	8 000	12 000	10 000	49 000
Financial Balance	−8 000	−12 000	−10 000	−49 000
Earnings Before Tax	215 000	174 000	240 000	62 000
Tax	47 000	0	79 000	14 000
Net Income	168 000	174 000	161 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	393 000	539 000	653 000	486 000
Total Current Assets	1 390 000	1 004 000	667 000	978 000
Total Assets	1 783 000	1 543 000	1 321 000	1 464 000
Total Retained Equity	1 028 000	861 000	703 000	542 000
Total Equity	1 058 000	891 000	733 000	572 000
Total Long-Term Debt	696 000	747 000	543 000	569 000
Total Current Debt	29 000	−95 000	44 000	374 000
Total Equity and Debt	1 783 000	1 543 000	1 321 000	1 515 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	891 000	945 000	980 000	830 000
Other Income	0	0	0	0
Revenue	891 000	945 000	980 000	830 000
Cost of Goods Sold	45 000	38 000	52 000	29 000
Salary Costs	140 000	4 000	8 000	4 000
Depreciation	146 000	201 000	209 000	184 000
Impairment	0	0	0	0
Expenditure	668 000	760 000	729 000	719 000
Operating Profit	223 000	185 000	250 000	111 000
Financial Income	0	0	0	0
Financial Costs	8 000	12 000	10 000	49 000
Financial Balance	−8 000	−12 000	−10 000	−49 000
Dividends	0	0	0	0
Net Income	168 000	174 000	161 000	48 000

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	15 000	20 000	20 000	26 000
Fixtures	319 000	446 000	633 000	460 000
Total Tangible Assets	393 000	539 000	653 000	486 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	393 000	539 000	653 000	486 000
Stock	80 000	80 000	115 000	203 000
Total Investments	0	0	0	0
Cash, Bank	543 000	407 000	32 000	109 000
Total Current Assets	1 390 000	1 004 000	667 000	978 000
Total Assets	1 783 000	1 543 000	1 321 000	1 464 000
Total Equity	1 058 000	891 000	733 000	572 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	696 000	747 000	543 000	569 000
Creditors	−184 000	−184 000	26 000	26 000
Unpaid Taxes	30 000	0	−47 000	−6 000
Dividends	0	0	0	0
Other Current Debt	106 000	0	0	0
Total Current Debt	29 000	−95 000	44 000	374 000
Total Equity and Debt	1 783 000	1 543 000	1 321 000	1 515 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,88 %	19,53 %	21,96 %	8,39 %
Debt-to-Equity Ratio	0,66	0,84	0,74	0,99
Operating Profit Margin	25,03 %	19,58 %	25,51 %	13,37 %
Current Ratio	47,93	−10,57	15,16	2,61
Quick Ratio	−27,25	−5,74	−9,39	5,72
Equity Ratio	0,59	0,58	0,55	0,39
Gross Profit Margin	94,95 %	95,98 %	94,69 %	96,51 %