FLAGGSTANGSFABRIKKEN AS

4812 KONGSHAVN

Finances

Share Ownership

Return on Equity

47,7 %

Current Ratio

2,95

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 331 000	2 158 000	1 215 000	29 000
Net Income	311 000	136 000	160 000	18 000
Total Assets	1 181 000	887 000	423 000	0
Total Equity	652 000	296 000	160 000	0

Income (NOK)	2022	2021	2020	2019
Revenue	3 331 000	2 158 000	1 215 000	29 000
Expenditure	2 966 000	1 967 000	1 052 000	10 000
Operating Profit	365 000	191 000	163 000	19 000
Financial Income	59 000	6 000	7 000	0
Financial Costs	26 000	23 000	10 000	1 000
Financial Balance	33 000	−17 000	−3 000	−1 000
Earnings Before Tax	399 000	175 000	160 000	18 000
Tax	88 000	38 000	0	0
Net Income	311 000	136 000	160 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	368 000	390 000	18 000	0
Total Current Assets	813 000	497 000	406 000	0
Total Assets	1 181 000	887 000	423 000	0
Total Retained Equity	50 000	0	0	−30 000
Total Equity	652 000	296 000	160 000	0
Total Long-Term Debt	253 000	338 000	135 000	0
Total Current Debt	276 000	253 000	129 000	0
Total Equity and Debt	1 181 000	887 000	423 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 331 000	2 158 000	1 215 000	29 000
Other Income	0	0	0	0
Revenue	3 331 000	2 158 000	1 215 000	29 000
Cost of Goods Sold	1 306 000	1 057 000	612 000	0
Salary Costs	430 000	237 000	0	0
Depreciation	92 000	98 000	4 000	0
Impairment	0	0	0	0
Expenditure	2 966 000	1 967 000	1 052 000	10 000
Operating Profit	365 000	191 000	163 000	19 000
Financial Income	59 000	6 000	7 000	0
Financial Costs	26 000	23 000	10 000	1 000
Financial Balance	33 000	−17 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	311 000	136 000	160 000	18 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	368 000	390 000	18 000
Total Tangible Assets	368 000	390 000	18 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	368 000	390 000	18 000
Stock	569 000	220 000	259 000
Total Investments	0	0	0
Cash, Bank	88 000	92 000	16 000
Total Current Assets	813 000	497 000	406 000
Total Assets	1 181 000	887 000	423 000
Total Equity	652 000	296 000	160 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	253 000	338 000	135 000
Creditors	0	175 000	103 000
Unpaid Taxes	59 000	28 000	25 000
Dividends	0	0	0
Other Current Debt	78 000	41 000	0
Total Current Debt	276 000	253 000	129 000
Total Equity and Debt	1 181 000	887 000	423 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,7 %	45,95 %	100 %	-
Debt-to-Equity Ratio	0,39	1,14	0,84	-
Operating Profit Margin	10,96 %	8,85 %	13,42 %	65,52 %
Current Ratio	2,95	1,96	3,15	-
Quick Ratio	−2,77	15,06	−3,12	-
Equity Ratio	0,55	0,33	0,38	-
Gross Profit Margin	60,79 %	51,02 %	49,63 %	100 %