FLEX DESIGN AS

5451 VALEN

Finances

Share Ownership

Return on Equity

−43,8 %

Current Ratio

0,04

Debt-to-Equity Ratio

2,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−293 000	−234 000	−226 000	−219 000
Total Assets	3 069 000	2 896 000	1 430 000	1 423 000
Total Equity	669 000	962 000	1 196 000	1 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	198 000	194 000	225 000	219 000
Operating Profit	−198 000	−194 000	−225 000	−219 000
Financial Income	0	0	1 000	0
Financial Costs	95 000	40 000	1 000	0
Financial Balance	−95 000	−40 000	0	0
Earnings Before Tax	−293 000	−234 000	−226 000	−219 000
Tax	0	0	0	0
Net Income	−293 000	−234 000	−226 000	−219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 046 000	2 661 000	1 427 000	1 250 000
Total Current Assets	23 000	235 000	3 000	173 000
Total Assets	3 069 000	2 896 000	1 430 000	1 423 000
Total Retained Equity	0	0	0	0
Total Equity	669 000	962 000	1 196 000	1 422 000
Total Long-Term Debt	1 756 000	1 671 000	0	1 000
Total Current Debt	644 000	263 000	234 000	0
Total Equity and Debt	3 069 000	2 896 000	1 430 000	1 423 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	198 000	194 000	225 000	219 000
Operating Profit	−198 000	−194 000	−225 000	−219 000
Financial Income	0	0	1 000	0
Financial Costs	95 000	40 000	1 000	0
Financial Balance	−95 000	−40 000	0	0
Dividends	0	0	0	0
Net Income	−293 000	−234 000	−226 000	−219 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 046 000	2 661 000	1 427 000	1 250 000
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	0	0
Total Fixed Assets	3 046 000	2 661 000	1 427 000	1 250 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	152 000	3 000	173 000
Total Current Assets	23 000	235 000	3 000	173 000
Total Assets	3 069 000	2 896 000	1 430 000	1 423 000
Total Equity	669 000	962 000	1 196 000	1 422 000
Short-Term Group Debt	461 000	0	0	0
Total Long-Term Debt	1 756 000	1 671 000	0	1 000
Creditors	7 000	66 000	57 000	0
Unpaid Taxes	0	7 000	0	0
Dividends	0	0	0	0
Other Current Debt	177 000	190 000	177 000	0
Total Current Debt	644 000	263 000	234 000	0
Total Equity and Debt	3 069 000	2 896 000	1 430 000	1 423 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,8 %	−24,32 %	−18,9 %	−15,4 %
Debt-to-Equity Ratio	2,62	1,74	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,04	0,89	0,01	-
Quick Ratio	0,04	0,89	0,01	-
Equity Ratio	0,22	0,33	0,84	1
Gross Profit Margin	-	-	-	-