FLAVIN.NO AS

0884 OSLO

Finances

Share Ownership

Return on Equity

−2,63 %

Current Ratio

1,9

Debt-to-Equity Ratio

1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 579 000	2 358 000	2 360 000	1 645 000
Net Income	−3 000	97 000	89 000	45 000
Total Assets	596 000	418 000	512 000	580 000
Total Equity	114 000	117 000	117 000	98 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 579 000	2 358 000	2 360 000	1 645 000
Expenditure	2 574 000	2 246 000	2 245 000	1 585 000
Operating Profit	4 000	125 000	115 000	58 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Earnings Before Tax	4 000	125 000	114 000	58 000
Tax	7 000	27 000	25 000	13 000
Net Income	−3 000	97 000	89 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	0	0	0
Total Current Assets	534 000	418 000	512 000	580 000
Total Assets	596 000	418 000	512 000	580 000
Total Retained Equity	84 000	87 000	87 000	68 000
Total Equity	114 000	117 000	117 000	98 000
Total Long-Term Debt	200 000	0	0	0
Total Current Debt	281 000	300 000	395 000	482 000
Total Equity and Debt	596 000	418 000	512 000	580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 579 000	2 358 000	2 360 000	1 645 000
Other Income	0	0	0	0
Revenue	2 579 000	2 358 000	2 360 000	1 645 000
Cost of Goods Sold	1 062 000	859 000	747 000	477 000
Salary Costs	462 000	718 000	849 000	717 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 574 000	2 246 000	2 245 000	1 585 000
Operating Profit	4 000	125 000	115 000	58 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Dividends	0	97 000	70 000	30 000
Net Income	−3 000	97 000	89 000	45 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	62 000	0	0	0
Total Fixed Assets	62 000	0	0	0
Stock	346 000	261 000	249 000	201 000
Total Investments	0	0	0	0
Cash, Bank	156 000	129 000	251 000	302 000
Total Current Assets	534 000	418 000	512 000	580 000
Total Assets	596 000	418 000	512 000	580 000
Total Equity	114 000	117 000	117 000	98 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	0	0	0
Creditors	76 000	33 000	9 000	−7 000
Unpaid Taxes	129 000	78 000	214 000	332 000
Dividends	0	97 000	70 000	30 000
Other Current Debt	69 000	65 000	77 000	114 000
Total Current Debt	281 000	300 000	395 000	482 000
Total Equity and Debt	596 000	418 000	512 000	580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,63 %	82,91 %	76,07 %	45,92 %
Debt-to-Equity Ratio	1,75	0	0	0
Operating Profit Margin	0,16 %	5,3 %	4,87 %	3,53 %
Current Ratio	1,9	1,39	1,3	1,2
Quick Ratio	−8,22	10,72	3,51	2,06
Equity Ratio	0,19	0,28	0,23	0,17
Gross Profit Margin	58,82 %	63,57 %	68,35 %	71 %