FLEXROCK AS

0663 OSLO

Finances

Share Ownership

Return on Equity

34,29 %

Current Ratio

2,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 045 000	6 199 000	7 954 000	3 638 000
Net Income	619 000	1 076 000	2 971 000	64 000
Total Assets	3 026 000	4 605 000	4 818 000	2 259 000
Total Equity	1 805 000	2 141 000	661 000	94 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 045 000	6 199 000	7 954 000	3 638 000
Expenditure	1 247 000	4 526 000	4 142 000	3 549 000
Operating Profit	798 000	1 674 000	3 811 000	88 000
Financial Income	2 000	10 000	69 000	1 000
Financial Costs	6 000	305 000	71 000	6 000
Financial Balance	−4 000	−295 000	−2 000	−5 000
Earnings Before Tax	794 000	1 379 000	3 809 000	83 000
Tax	175 000	303 000	838 000	18 000
Net Income	619 000	1 076 000	2 971 000	64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	2 000	4 000
Total Current Assets	3 026 000	4 605 000	4 815 000	2 255 000
Total Assets	3 026 000	4 605 000	4 818 000	2 259 000
Total Retained Equity	1 775 000	2 111 000	631 000	64 000
Total Equity	1 805 000	2 141 000	661 000	94 000
Total Long-Term Debt	0	0	0	9 000
Total Current Debt	1 221 000	2 464 000	4 157 000	2 156 000
Total Equity and Debt	3 026 000	4 605 000	4 818 000	2 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 045 000	6 199 000	7 954 000	3 638 000
Other Income	0	0	0	0
Revenue	2 045 000	6 199 000	7 954 000	3 638 000
Cost of Goods Sold	123 000	75 000	401 000	1 745 000
Salary Costs	599 000	2 815 000	2 916 000	1 423 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 247 000	4 526 000	4 142 000	3 549 000
Operating Profit	798 000	1 674 000	3 811 000	88 000
Financial Income	2 000	10 000	69 000	1 000
Financial Costs	6 000	305 000	71 000	6 000
Financial Balance	−4 000	−295 000	−2 000	−5 000
Dividends	0	0	2 000 000	0
Net Income	619 000	1 076 000	2 971 000	64 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	2 000	4 000
Total Fixed Assets	0	0	2 000	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 702 000	4 594 000	4 028 000	305 000
Total Current Assets	3 026 000	4 605 000	4 815 000	2 255 000
Total Assets	3 026 000	4 605 000	4 818 000	2 259 000
Total Equity	1 805 000	2 141 000	661 000	94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	9 000
Creditors	400 000	303 000	592 000	451 000
Unpaid Taxes	334 000	179 000	501 000	896 000
Dividends	0	0	2 000 000	0
Other Current Debt	312 000	1 679 000	218 000	164 000
Total Current Debt	1 221 000	2 464 000	4 157 000	2 156 000
Total Equity and Debt	3 026 000	4 605 000	4 818 000	2 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,29 %	50,26 %	449,47 %	68,09 %
Debt-to-Equity Ratio	0	0	0	0,1
Operating Profit Margin	39,02 %	27 %	47,91 %	2,42 %
Current Ratio	2,48	1,87	1,16	1,05
Quick Ratio	2,48	1,87	1,16	1,05
Equity Ratio	0,6	0,46	0,14	0,04
Gross Profit Margin	93,99 %	98,79 %	94,96 %	52,03 %