FLOWCHANGE AS

0280 OSLO

Finances

Share Ownership

Return on Equity

63,22 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 247 000	12 925 000	11 987 000	6 733 000
Net Income	2 173 000	3 003 000	−28 000	41 000
Total Assets	8 229 000	11 292 000	2 480 000	2 476 000
Total Equity	3 437 000	3 120 000	189 000	289 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 247 000	12 925 000	11 987 000	6 733 000
Expenditure	6 444 000	9 094 000	12 015 000	6 692 000
Operating Profit	2 802 000	3 832 000	−28 000	41 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	0	0
Financial Balance	−13 000	0	0	0
Earnings Before Tax	2 789 000	3 831 000	−28 000	41 000
Tax	617 000	829 000	0	0
Net Income	2 173 000	3 003 000	−28 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 060 000	3 060 000	0	0
Total Current Assets	5 169 000	8 232 000	2 480 000	2 476 000
Total Assets	8 229 000	11 292 000	2 480 000	2 476 000
Total Retained Equity	3 226 000	3 054 000	90 000	157 000
Total Equity	3 437 000	3 120 000	189 000	289 000
Total Long-Term Debt	0	375 000	0	0
Total Current Debt	4 791 000	7 797 000	2 291 000	2 186 000
Total Equity and Debt	8 229 000	11 292 000	2 480 000	2 476 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 245 000	12 694 000	10 853 000	5 411 000
Other Income	2 000	231 000	1 134 000	1 323 000
Revenue	9 247 000	12 925 000	11 987 000	6 733 000
Cost of Goods Sold	1 063 000	5 038 000	11 845 000	6 590 000
Salary Costs	4 775 000	3 593 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 444 000	9 094 000	12 015 000	6 692 000
Operating Profit	2 802 000	3 832 000	−28 000	41 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	0	0
Financial Balance	−13 000	0	0	0
Dividends	2 000 000	0	0	0
Net Income	2 173 000	3 003 000	−28 000	41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 060 000	3 060 000	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	3 060 000	3 060 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 883 000	4 487 000	775 000	379 000
Total Current Assets	5 169 000	8 232 000	2 480 000	2 476 000
Total Assets	8 229 000	11 292 000	2 480 000	2 476 000
Total Equity	3 437 000	3 120 000	189 000	289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	375 000	0	0
Creditors	1 144 000	945 000	2 219 000	2 141 000
Unpaid Taxes	537 000	1 097 000	0	4 000
Dividends	2 000 000	0	0	0
Other Current Debt	494 000	4 926 000	72 000	42 000
Total Current Debt	4 791 000	7 797 000	2 291 000	2 186 000
Total Equity and Debt	8 229 000	11 292 000	2 480 000	2 476 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,22 %	96,25 %	−14,81 %	14,19 %
Debt-to-Equity Ratio	0	0,12	0	0
Operating Profit Margin	30,3 %	29,65 %	−0,23 %	0,61 %
Current Ratio	1,08	1,06	1,08	1,13
Quick Ratio	1,08	1,06	1,08	1,13
Equity Ratio	0,42	0,28	0,08	0,12
Gross Profit Margin	88,5 %	61,02 %	1,18 %	2,12 %