FLEXI SYSTUE AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

9,7 %

Current Ratio

2,52

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 428 000	1 673 000	1 693 000	2 547 000
Net Income	35 000	−53 000	−400 000	181 000
Total Assets	807 000	823 000	624 000	1 103 000
Total Equity	361 000	326 000	379 000	779 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 428 000	1 673 000	1 693 000	2 547 000
Expenditure	2 387 000	1 723 000	2 090 000	2 311 000
Operating Profit	40 000	−50 000	−397 000	235 000
Financial Income	0	0	0	1 000
Financial Costs	6 000	3 000	4 000	2 000
Financial Balance	−6 000	−3 000	−4 000	−1 000
Earnings Before Tax	35 000	−53 000	−401 000	233 000
Tax	0	0	−1 000	52 000
Net Income	35 000	−53 000	−400 000	181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	12 000	45 000	45 000
Total Current Assets	795 000	811 000	578 000	1 058 000
Total Assets	807 000	823 000	624 000	1 103 000
Total Retained Equity	337 000	302 000	355 000	755 000
Total Equity	361 000	326 000	379 000	779 000
Total Long-Term Debt	129 000	220 000	0	1 000
Total Current Debt	316 000	277 000	244 000	323 000
Total Equity and Debt	807 000	823 000	624 000	1 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 428 000	1 539 000	1 677 000	2 499 000
Other Income	0	134 000	16 000	48 000
Revenue	2 428 000	1 673 000	1 693 000	2 547 000
Cost of Goods Sold	45 000	18 000	51 000	81 000
Salary Costs	1 669 000	1 166 000	1 455 000	1 605 000
Depreciation	0	11 000	11 000	11 000
Impairment	0	22 000	0	0
Expenditure	2 387 000	1 723 000	2 090 000	2 311 000
Operating Profit	40 000	−50 000	−397 000	235 000
Financial Income	0	0	0	1 000
Financial Costs	6 000	3 000	4 000	2 000
Financial Balance	−6 000	−3 000	−4 000	−1 000
Dividends	0	0	0	0
Net Income	35 000	−53 000	−400 000	181 000

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	34 000	45 000
Total Tangible Assets	0	0	34 000	45 000
Total Fiancial Fixed Assets	12 000	12 000	12 000	0
Total Fixed Assets	12 000	12 000	45 000	45 000
Stock	0	20 000	0	45 000
Total Investments	0	0	0	0
Cash, Bank	773 000	736 000	472 000	895 000
Total Current Assets	795 000	811 000	578 000	1 058 000
Total Assets	807 000	823 000	624 000	1 103 000
Total Equity	361 000	326 000	379 000	779 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	129 000	220 000	0	1 000
Creditors	7 000	10 000	4 000	52 000
Unpaid Taxes	175 000	172 000	123 000	87 000
Dividends	0	0	0	0
Other Current Debt	135 000	95 000	117 000	130 000
Total Current Debt	316 000	277 000	244 000	323 000
Total Equity and Debt	807 000	823 000	624 000	1 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,7 %	−16,26 %	−105,54 %	23,23 %
Debt-to-Equity Ratio	0,36	0,67	0	0
Operating Profit Margin	1,65 %	−2,99 %	−23,45 %	9,23 %
Current Ratio	2,52	2,93	2,37	3,28
Quick Ratio	2,52	3,16	2,37	3,81
Equity Ratio	0,45	0,4	0,61	0,71
Gross Profit Margin	98,15 %	98,92 %	96,99 %	96,82 %