FLEXFIT.NO AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

75,51 %

Current Ratio

0,76

Debt-to-Equity Ratio

−0,25

Key figures (NOK)	2020	2019	2018	2017
Revenue	3 609 000	3 742 000	3 141 000	3 346 000
Net Income	−185 000	−3 000	269 000	−296 000
Total Assets	592 000	1 599 000	1 298 000	1 141 000
Total Equity	−245 000	−59 000	−56 000	−326 000

Income (NOK)	2020	2019	2018	2017
Revenue	3 609 000	3 742 000	3 141 000	3 346 000
Expenditure	3 710 000	3 697 000	2 812 000	3 599 000
Operating Profit	−102 000	45 000	329 000	−252 000
Financial Income	13 000	0	0	19 000
Financial Costs	95 000	42 000	45 000	63 000
Financial Balance	−82 000	−42 000	−45 000	−44 000
Earnings Before Tax	−185 000	4 000	283 000	−296 000
Tax	0	6 000	14 000	0
Net Income	−185 000	−3 000	269 000	−296 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	0	0	0	0
Total Current Assets	592 000	1 599 000	1 298 000	1 141 000
Total Assets	592 000	1 599 000	1 298 000	1 141 000
Total Retained Equity	−270 000	−83 000	−81 000	−350 000
Total Equity	−245 000	−59 000	−56 000	−326 000
Total Long-Term Debt	62 000	156 000	257 000	365 000
Total Current Debt	775 000	1 503 000	1 097 000	1 102 000
Total Equity and Debt	592 000	1 599 000	1 298 000	1 141 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	3 608 000	3 742 000	3 141 000	3 280 000
Other Income	1 000	0	0	66 000
Revenue	3 609 000	3 742 000	3 141 000	3 346 000
Cost of Goods Sold	2 593 000	2 520 000	2 108 000	2 258 000
Salary Costs	0	96 000	0	511 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 710 000	3 697 000	2 812 000	3 599 000
Operating Profit	−102 000	45 000	329 000	−252 000
Financial Income	13 000	0	0	19 000
Financial Costs	95 000	42 000	45 000	63 000
Financial Balance	−82 000	−42 000	−45 000	−44 000
Dividends	0	0	0	0
Net Income	−185 000	−3 000	269 000	−296 000

Balance details (NOK)	2020	2019	2018	2017
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	587 000	571 000	616 000	658 000
Total Investments	0	0	0	0
Cash, Bank	4 000	31 000	32 000	18 000
Total Current Assets	592 000	1 599 000	1 298 000	1 141 000
Total Assets	592 000	1 599 000	1 298 000	1 141 000
Total Equity	−245 000	−59 000	−56 000	−326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	62 000	156 000	257 000	365 000
Creditors	220 000	133 000	159 000	303 000
Unpaid Taxes	284 000	274 000	323 000	298 000
Dividends	0	0	0	0
Other Current Debt	271 000	1 089 000	601 000	500 000
Total Current Debt	775 000	1 503 000	1 097 000	1 102 000
Total Equity and Debt	592 000	1 599 000	1 298 000	1 141 000

Financial indicators	2020	2019	2018	2017
Return on Equity	75,51 %	5,08 %	−480,36 %	90,8 %
Debt-to-Equity Ratio	−0,25	−2,64	−4,59	−1,12
Operating Profit Margin	−2,83 %	1,2 %	10,47 %	−7,53 %
Current Ratio	0,76	1,06	1,18	1,04
Quick Ratio	3,15	1,72	2,7	2,57
Equity Ratio	−0,41	−0,04	−0,04	−0,29
Gross Profit Margin	28,15 %	32,66 %	32,89 %	32,52 %