FLOW AND CLEANING TECHNOLOGY AS

3032 DRAMMEN

Finances

Share Ownership

Return on Equity

40,48 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	902 000	1 324 000	1 230 000	1 557 000
Net Income	17 000	49 000	−22 000	−58 000
Total Assets	226 000	249 000	151 000	246 000
Total Equity	42 000	26 000	−22 000	−4 000

Income (NOK)	2022	2021	2020	2019
Revenue	902 000	1 324 000	1 230 000	1 557 000
Expenditure	894 000	1 263 000	1 254 000	1 617 000
Operating Profit	8 000	62 000	−24 000	−60 000
Financial Income	9 000	3 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	9 000	3 000	2 000	2 000
Earnings Before Tax	17 000	64 000	−22 000	−58 000
Tax	0	16 000	0	0
Net Income	17 000	49 000	−22 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	8 000	12 000	14 000
Total Current Assets	215 000	241 000	139 000	232 000
Total Assets	226 000	249 000	151 000	246 000
Total Retained Equity	12 000	−4 000	−52 000	−34 000
Total Equity	42 000	26 000	−22 000	−4 000
Total Long-Term Debt	0	1 000	0	250 000
Total Current Debt	184 000	222 000	173 000	0
Total Equity and Debt	226 000	249 000	151 000	246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	902 000	1 324 000	1 230 000	1 557 000
Other Income	0	0	0	0
Revenue	902 000	1 324 000	1 230 000	1 557 000
Cost of Goods Sold	0	0	0	0
Salary Costs	832 000	1 168 000	1 004 000	1 380 000
Depreciation	36 000	61 000	111 000	72 000
Impairment	0	0	0	0
Expenditure	894 000	1 263 000	1 254 000	1 617 000
Operating Profit	8 000	62 000	−24 000	−60 000
Financial Income	9 000	3 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	9 000	3 000	2 000	2 000
Dividends	0	0	0	0
Net Income	17 000	49 000	−22 000	−58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	11 000	8 000	9 000	14 000
Fixtures	0	0	0	0
Total Tangible Assets	11 000	8 000	9 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	8 000	12 000	14 000
Stock	0	26 000	0	0
Total Investments	0	0	0	0
Cash, Bank	215 000	215 000	112 000	125 000
Total Current Assets	215 000	241 000	139 000	232 000
Total Assets	226 000	249 000	151 000	246 000
Total Equity	42 000	26 000	−22 000	−4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	250 000
Creditors	0	0	0	0
Unpaid Taxes	0	210 000	173 000	0
Dividends	0	0	0	0
Other Current Debt	184 000	0	0	0
Total Current Debt	184 000	222 000	173 000	0
Total Equity and Debt	226 000	249 000	151 000	246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,48 %	188,46 %	100 %	1 450 %
Debt-to-Equity Ratio	0	0,04	−0	−62,5
Operating Profit Margin	0,89 %	4,68 %	−1,95 %	−3,85 %
Current Ratio	1,17	1,09	0,8	-
Quick Ratio	1,17	1,23	0,8	-
Equity Ratio	0,19	0,1	−0,15	−0,02
Gross Profit Margin	100 %	100 %	100 %	100 %