FLEXIBLE FLOATING SYSTEM AS

4073 RANDABERG

Finances

Return on Equity

−11,81 %

Current Ratio

2,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	425 000	303 000	315 000	275 000
Net Income	−219 000	35 000	151 000	121 000
Total Assets	2 292 000	2 105 000	2 086 000	428 000
Total Equity	1 855 000	2 074 000	2 039 000	−162 000

Income (NOK)	2022	2021	2020	2019
Revenue	425 000	303 000	315 000	275 000
Expenditure	645 000	267 000	164 000	154 000
Operating Profit	−220 000	35 000	151 000	121 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−219 000	35 000	151 000	121 000
Tax	0	0	0	0
Net Income	−219 000	35 000	151 000	121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 322 000	868 000	357 000	144 000
Total Current Assets	970 000	1 237 000	1 729 000	284 000
Total Assets	2 292 000	2 105 000	2 086 000	428 000
Total Retained Equity	−295 000	−76 000	−110 000	−262 000
Total Equity	1 855 000	2 074 000	2 039 000	−162 000
Total Long-Term Debt	0	0	0	550 000
Total Current Debt	437 000	31 000	47 000	40 000
Total Equity and Debt	2 292 000	2 105 000	2 086 000	428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	425 000	303 000	315 000	275 000
Other Income	0	0	0	0
Revenue	425 000	303 000	315 000	275 000
Cost of Goods Sold	79 000	46 000	0	0
Salary Costs	0	0	0	0
Depreciation	204 000	201 000	89 000	16 000
Impairment	0	0	0	0
Expenditure	645 000	267 000	164 000	154 000
Operating Profit	−220 000	35 000	151 000	121 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−219 000	35 000	151 000	121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 222 000	868 000	357 000	144 000
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	100 000	0	0	0
Total Fixed Assets	1 322 000	868 000	357 000	144 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	760 000	1 110 000	1 654 000	272 000
Total Current Assets	970 000	1 237 000	1 729 000	284 000
Total Assets	2 292 000	2 105 000	2 086 000	428 000
Total Equity	1 855 000	2 074 000	2 039 000	−162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	550 000
Creditors	14 000	31 000	47 000	14 000
Unpaid Taxes	0	0	0	26 000
Dividends	0	0	0	0
Other Current Debt	423 000	0	0	0
Total Current Debt	437 000	31 000	47 000	40 000
Total Equity and Debt	2 292 000	2 105 000	2 086 000	428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,81 %	1,69 %	7,41 %	−74,69 %
Debt-to-Equity Ratio	0	0	0	−3,4
Operating Profit Margin	−51,76 %	11,55 %	47,94 %	44 %
Current Ratio	2,22	39,9	36,79	7,1
Quick Ratio	2,22	39,9	36,79	7,1
Equity Ratio	0,81	0,99	0,98	−0,38
Gross Profit Margin	81,41 %	84,82 %	100 %	100 %