VILLA FLAMINGO AS

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

41,28 %

Current Ratio

2,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 051 000	7 272 000	4 993 000	3 699 000
Net Income	504 000	730 000	523 000	−242 000
Total Assets	2 404 000	2 330 000	2 099 000	1 275 000
Total Equity	1 221 000	717 000	−13 000	−536 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 051 000	7 272 000	4 993 000	3 699 000
Expenditure	8 395 000	6 349 000	4 448 000	3 903 000
Operating Profit	656 000	924 000	545 000	−204 000
Financial Income	10 000	5 000	9 000	1 000
Financial Costs	19 000	25 000	31 000	38 000
Financial Balance	−9 000	−20 000	−22 000	−37 000
Earnings Before Tax	647 000	905 000	523 000	−242 000
Tax	143 000	175 000	0	0
Net Income	504 000	730 000	523 000	−242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	30 000	68 000	103 000
Total Current Assets	2 376 000	2 300 000	2 031 000	1 173 000
Total Assets	2 404 000	2 330 000	2 099 000	1 275 000
Total Retained Equity	1 121 000	617 000	−113 000	−636 000
Total Equity	1 221 000	717 000	−13 000	−536 000
Total Long-Term Debt	0	900 000	1 510 000	972 000
Total Current Debt	1 182 000	713 000	601 000	840 000
Total Equity and Debt	2 404 000	2 330 000	2 099 000	1 275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 038 000	7 272 000	4 974 000	3 699 000
Other Income	13 000	0	19 000	0
Revenue	9 051 000	7 272 000	4 993 000	3 699 000
Cost of Goods Sold	5 104 000	3 993 000	2 713 000	2 369 000
Salary Costs	2 184 000	1 352 000	878 000	631 000
Depreciation	0	47 000	56 000	51 000
Impairment	0	0	0	0
Expenditure	8 395 000	6 349 000	4 448 000	3 903 000
Operating Profit	656 000	924 000	545 000	−204 000
Financial Income	10 000	5 000	9 000	1 000
Financial Costs	19 000	25 000	31 000	38 000
Financial Balance	−9 000	−20 000	−22 000	−37 000
Dividends	0	0	0	0
Net Income	504 000	730 000	523 000	−242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	5 000	0	0
Real Eastate	0	0	21 000	42 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	26 000	61 000
Total Tangible Assets	0	0	47 000	103 000
Total Fiancial Fixed Assets	24 000	24 000	21 000	0
Total Fixed Assets	28 000	30 000	68 000	103 000
Stock	1 265 000	818 000	654 000	634 000
Total Investments	0	0	0	0
Cash, Bank	955 000	1 370 000	1 234 000	387 000
Total Current Assets	2 376 000	2 300 000	2 031 000	1 173 000
Total Assets	2 404 000	2 330 000	2 099 000	1 275 000
Total Equity	1 221 000	717 000	−13 000	−536 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	900 000	1 510 000	972 000
Creditors	267 000	17 000	261 000	73 000
Unpaid Taxes	380 000	312 000	219 000	132 000
Dividends	0	0	0	0
Other Current Debt	394 000	203 000	121 000	635 000
Total Current Debt	1 182 000	713 000	601 000	840 000
Total Equity and Debt	2 404 000	2 330 000	2 099 000	1 275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,28 %	101,81 %	−4 023,08 %	45,15 %
Debt-to-Equity Ratio	0	1,26	−116,15	−1,81
Operating Profit Margin	7,25 %	12,71 %	10,92 %	−5,52 %
Current Ratio	2,01	3,23	3,38	1,4
Quick Ratio	−28,63	−21,9	−38,32	5,69
Equity Ratio	0,51	0,31	−0,01	−0,42
Gross Profit Margin	43,61 %	45,09 %	45,66 %	35,96 %