FLO AS

3538 SOLLIHØGDA

Finances

Return on Equity

−88,26 %

Current Ratio

2,38

Debt-to-Equity Ratio

1,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 446 000	988 000	10 285 000	3 235 000
Net Income	−3 745 000	−2 873 000	2 755 000	−959 000
Total Assets	13 654 000	3 848 000	4 438 000	2 455 000
Total Equity	4 243 000	−1 780 000	1 093 000	−1 661 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 446 000	988 000	10 285 000	3 235 000
Expenditure	10 950 000	3 844 000	7 062 000	4 155 000
Operating Profit	−3 504 000	−2 857 000	3 224 000	−920 000
Financial Income	41 000	1 000	4 000	1 000
Financial Costs	282 000	17 000	144 000	40 000
Financial Balance	−241 000	−16 000	−140 000	−39 000
Earnings Before Tax	−3 745 000	−2 873 000	3 084 000	−959 000
Tax	0	0	329 000	0
Net Income	−3 745 000	−2 873 000	2 755 000	−959 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 644 000	2 069 000	1 196 000	1 449 000
Total Current Assets	5 010 000	1 780 000	3 242 000	1 005 000
Total Assets	13 654 000	3 848 000	4 438 000	2 455 000
Total Retained Equity	−5 361 000	−1 955 000	918 000	−1 837 000
Total Equity	4 243 000	−1 780 000	1 093 000	−1 661 000
Total Long-Term Debt	7 310 000	1 203 000	2 260 000	3 478 000
Total Current Debt	2 101 000	4 425 000	1 085 000	638 000
Total Equity and Debt	13 654 000	3 848 000	4 438 000	2 455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 265 000	988 000	10 282 000	3 235 000
Other Income	182 000	0	3 000	0
Revenue	7 446 000	988 000	10 285 000	3 235 000
Cost of Goods Sold	2 069 000	191 000	2 569 000	747 000
Salary Costs	3 811 000	1 122 000	2 306 000	1 247 000
Depreciation	1 437 000	594 000	510 000	404 000
Impairment	0	0	0	0
Expenditure	10 950 000	3 844 000	7 062 000	4 155 000
Operating Profit	−3 504 000	−2 857 000	3 224 000	−920 000
Financial Income	41 000	1 000	4 000	1 000
Financial Costs	282 000	17 000	144 000	40 000
Financial Balance	−241 000	−16 000	−140 000	−39 000
Dividends	0	0	0	0
Net Income	−3 745 000	−2 873 000	2 755 000	−959 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	18 000	30 000
Real Eastate	116 000	135 000	155 000	173 000
Machinery and Plant Facilities	4 569 000	1 889 000	0	0
Fixtures	2 459 000	44 000	1 024 000	1 246 000
Total Tangible Assets	7 144 000	2 069 000	1 178 000	1 419 000
Total Fiancial Fixed Assets	1 500 000	0	0	0
Total Fixed Assets	8 644 000	2 069 000	1 196 000	1 449 000
Stock	3 378 000	792 000	245 000	855 000
Total Investments	0	0	0	0
Cash, Bank	1 188 000	347 000	935 000	7 000
Total Current Assets	5 010 000	1 780 000	3 242 000	1 005 000
Total Assets	13 654 000	3 848 000	4 438 000	2 455 000
Total Equity	4 243 000	−1 780 000	1 093 000	−1 661 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 310 000	1 203 000	2 260 000	3 478 000
Creditors	254 000	224 000	252 000	230 000
Unpaid Taxes	700 000	76 000	272 000	79 000
Dividends	0	0	0	0
Other Current Debt	866 000	4 125 000	231 000	252 000
Total Current Debt	2 101 000	4 425 000	1 085 000	638 000
Total Equity and Debt	13 654 000	3 848 000	4 438 000	2 455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−88,26 %	161,4 %	252,06 %	57,74 %
Debt-to-Equity Ratio	1,72	−0,68	2,07	−2,09
Operating Profit Margin	−47,06 %	−289,17 %	31,35 %	−28,44 %
Current Ratio	2,38	0,4	2,99	1,58
Quick Ratio	−3,92	0,49	3,86	−4,63
Equity Ratio	0,31	−0,46	0,25	−0,68
Gross Profit Margin	72,21 %	80,67 %	75,02 %	76,91 %