FLATLAND AS

3690 HJARTDAL

Finances

Share Ownership

Return on Equity

−10,41 %

Current Ratio

3,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 100 000	9 805 000	9 231 000	6 929 000
Net Income	−310 000	480 000	436 000	−619 000
Total Assets	3 846 000	4 612 000	5 406 000	5 004 000
Total Equity	2 979 000	3 289 000	2 809 000	2 373 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 100 000	9 805 000	9 231 000	6 929 000
Expenditure	10 437 000	9 186 000	8 656 000	7 707 000
Operating Profit	−338 000	620 000	573 000	−778 000
Financial Income	0	0	4 000	1 000
Financial Costs	0	4 000	19 000	17 000
Financial Balance	0	−4 000	−15 000	−16 000
Earnings Before Tax	−338 000	616 000	558 000	−793 000
Tax	−28 000	136 000	123 000	−175 000
Net Income	−310 000	480 000	436 000	−619 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	753 000	801 000	1 238 000	1 796 000
Total Current Assets	3 094 000	3 811 000	4 168 000	3 208 000
Total Assets	3 846 000	4 612 000	5 406 000	5 004 000
Total Retained Equity	1 979 000	2 289 000	1 809 000	1 373 000
Total Equity	2 979 000	3 289 000	2 809 000	2 373 000
Total Long-Term Debt	0	28 000	0	0
Total Current Debt	867 000	1 295 000	2 597 000	2 631 000
Total Equity and Debt	3 846 000	4 612 000	5 406 000	5 004 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 100 000	9 805 000	9 231 000	6 763 000
Other Income	0	0	0	167 000
Revenue	10 100 000	9 805 000	9 231 000	6 929 000
Cost of Goods Sold	7 024 000	6 404 000	5 660 000	4 589 000
Salary Costs	1 256 000	1 012 000	1 190 000	1 152 000
Depreciation	207 000	301 000	317 000	286 000
Impairment	0	0	0	0
Expenditure	10 437 000	9 186 000	8 656 000	7 707 000
Operating Profit	−338 000	620 000	573 000	−778 000
Financial Income	0	0	4 000	1 000
Financial Costs	0	4 000	19 000	17 000
Financial Balance	0	−4 000	−15 000	−16 000
Dividends	0	0	0	0
Net Income	−310 000	480 000	436 000	−619 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	108 000	230 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	564 000	384 000	393 000	510 000
Fixtures	108 000	177 000	336 000	496 000
Total Tangible Assets	673 000	561 000	730 000	1 005 000
Total Fiancial Fixed Assets	80 000	240 000	400 000	560 000
Total Fixed Assets	753 000	801 000	1 238 000	1 796 000
Stock	88 000	88 000	76 000	20 000
Total Investments	0	0	0	0
Cash, Bank	1 839 000	2 666 000	3 787 000	2 834 000
Total Current Assets	3 094 000	3 811 000	4 168 000	3 208 000
Total Assets	3 846 000	4 612 000	5 406 000	5 004 000
Total Equity	2 979 000	3 289 000	2 809 000	2 373 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	28 000	0	0
Creditors	173 000	238 000	293 000	221 000
Unpaid Taxes	486 000	750 000	627 000	711 000
Dividends	0	0	0	0
Other Current Debt	208 000	307 000	1 677 000	1 699 000
Total Current Debt	867 000	1 295 000	2 597 000	2 631 000
Total Equity and Debt	3 846 000	4 612 000	5 406 000	5 004 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,41 %	14,59 %	15,52 %	−26,09 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	−3,35 %	6,32 %	6,21 %	−11,23 %
Current Ratio	3,57	2,94	1,6	1,22
Quick Ratio	3,97	3,16	1,65	1,23
Equity Ratio	0,77	0,71	0,52	0,47
Gross Profit Margin	30,46 %	34,69 %	38,68 %	33,77 %