FLEXCON INNLANDET AS

2360 RUDSHØGDA

Finances

Share Ownership

Return on Equity

50,63 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 419 000	45 023 000	48 499 000	34 193 000
Net Income	5 549 000	6 474 000	5 064 000	3 325 000
Total Assets	25 222 000	23 210 000	24 915 000	15 875 000
Total Equity	10 959 000	8 410 000	7 936 000	7 372 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 419 000	45 023 000	48 499 000	34 193 000
Expenditure	48 411 000	36 897 000	42 200 000	29 879 000
Operating Profit	7 009 000	8 126 000	6 300 000	4 314 000
Financial Income	51 000	67 000	68 000	52 000
Financial Costs	1 000	0	2 000	3 000
Financial Balance	50 000	67 000	66 000	49 000
Earnings Before Tax	7 058 000	8 193 000	6 366 000	4 362 000
Tax	1 509 000	1 719 000	1 302 000	1 037 000
Net Income	5 549 000	6 474 000	5 064 000	3 325 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 153 000	10 247 000	6 303 000	2 642 000
Total Current Assets	16 069 000	12 962 000	18 613 000	13 233 000
Total Assets	25 222 000	23 210 000	24 915 000	15 875 000
Total Retained Equity	9 748 000	7 199 000	6 725 000	6 160 000
Total Equity	10 959 000	8 410 000	7 936 000	7 372 000
Total Long-Term Debt	7 000	0	0	891 000
Total Current Debt	14 256 000	14 799 000	16 979 000	7 612 000
Total Equity and Debt	25 222 000	23 210 000	24 915 000	15 875 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 259 000	44 787 000	48 380 000	34 035 000
Other Income	160 000	236 000	119 000	158 000
Revenue	55 419 000	45 023 000	48 499 000	34 193 000
Cost of Goods Sold	28 825 000	19 124 000	23 813 000	14 865 000
Salary Costs	12 028 000	10 913 000	11 747 000	8 943 000
Depreciation	863 000	789 000	1 024 000	1 298 000
Impairment	0	0	0	0
Expenditure	48 411 000	36 897 000	42 200 000	29 879 000
Operating Profit	7 009 000	8 126 000	6 300 000	4 314 000
Financial Income	51 000	67 000	68 000	52 000
Financial Costs	1 000	0	2 000	3 000
Financial Balance	50 000	67 000	66 000	49 000
Dividends	3 000 000	6 000 000	4 500 000	0
Net Income	5 549 000	6 474 000	5 064 000	3 325 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	243 000	271 000	0	0
Machinery and Plant Facilities	5 662 000	2 894 000	4 311 000	2 303 000
Fixtures	0	0	0	0
Total Tangible Assets	5 905 000	3 166 000	4 311 000	2 303 000
Total Fiancial Fixed Assets	3 248 000	7 082 000	1 992 000	339 000
Total Fixed Assets	9 153 000	10 247 000	6 303 000	2 642 000
Stock	1 828 000	1 299 000	1 276 000	1 569 000
Total Investments	0	0	0	0
Cash, Bank	2 606 000	3 524 000	9 586 000	5 631 000
Total Current Assets	16 069 000	12 962 000	18 613 000	13 233 000
Total Assets	25 222 000	23 210 000	24 915 000	15 875 000
Total Equity	10 959 000	8 410 000	7 936 000	7 372 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	0	0	891 000
Creditors	6 312 000	4 036 000	4 948 000	3 793 000
Unpaid Taxes	2 527 000	2 273 000	3 424 000	1 937 000
Dividends	3 000 000	6 000 000	4 500 000	0
Other Current Debt	915 000	772 000	2 806 000	845 000
Total Current Debt	14 256 000	14 799 000	16 979 000	7 612 000
Total Equity and Debt	25 222 000	23 210 000	24 915 000	15 875 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,63 %	76,98 %	63,81 %	45,1 %
Debt-to-Equity Ratio	0	0	0	0,12
Operating Profit Margin	12,65 %	18,05 %	12,99 %	12,62 %
Current Ratio	1,13	0,88	1,1	1,74
Quick Ratio	1,29	0,96	1,19	2,19
Equity Ratio	0,43	0,36	0,32	0,46
Gross Profit Margin	47,99 %	57,52 %	50,9 %	56,53 %