FLOWMATIC AS

4364 SIREVÅG

Finances

Share Ownership

Return on Equity

52,08 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 036 000	2 570 000	2 068 000	273 000
Net Income	−325 000	319 000	−648 000	−45 000
Total Assets	1 062 000	1 122 000	751 000	1 573 000
Total Equity	−624 000	−300 000	−619 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 036 000	2 570 000	2 068 000	273 000
Expenditure	1 349 000	2 245 000	2 717 000	318 000
Operating Profit	−312 000	325 000	−649 000	−45 000
Financial Income	1 000	1 000	2 000	0
Financial Costs	13 000	7 000	1 000	0
Financial Balance	−12 000	−6 000	1 000	0
Earnings Before Tax	−325 000	319 000	−648 000	−45 000
Tax	0	0	0	0
Net Income	−325 000	319 000	−648 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	673 000	462 000	402 000	0
Total Current Assets	390 000	660 000	349 000	1 573 000
Total Assets	1 062 000	1 122 000	751 000	1 573 000
Total Retained Equity	−654 000	−330 000	−649 000	−1 000
Total Equity	−624 000	−300 000	−619 000	29 000
Total Long-Term Debt	278 000	0	767 000	350 000
Total Current Debt	1 409 000	1 421 000	603 000	1 195 000
Total Equity and Debt	1 062 000	1 122 000	751 000	1 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	914 000	2 570 000	2 068 000	273 000
Other Income	122 000	0	0	0
Revenue	1 036 000	2 570 000	2 068 000	273 000
Cost of Goods Sold	67 000	1 009 000	1 610 000	220 000
Salary Costs	525 000	548 000	442 000	34 000
Depreciation	169 000	113 000	58 000	0
Impairment	0	0	0	0
Expenditure	1 349 000	2 245 000	2 717 000	318 000
Operating Profit	−312 000	325 000	−649 000	−45 000
Financial Income	1 000	1 000	2 000	0
Financial Costs	13 000	7 000	1 000	0
Financial Balance	−12 000	−6 000	1 000	0
Dividends	0	0	0	0
Net Income	−325 000	319 000	−648 000	−45 000

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	673 000	462 000	402 000	0
Total Tangible Assets	673 000	462 000	402 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	673 000	462 000	402 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	276 000	637 000	77 000	1 389 000
Total Current Assets	390 000	660 000	349 000	1 573 000
Total Assets	1 062 000	1 122 000	751 000	1 573 000
Total Equity	−624 000	−300 000	−619 000	29 000
Short-Term Group Debt	822 000	859 000	0	0
Total Long-Term Debt	278 000	0	767 000	350 000
Creditors	59 000	16 000	35 000	17 000
Unpaid Taxes	80 000	60 000	52 000	290 000
Dividends	0	0	0	0
Other Current Debt	436 000	474 000	510 000	888 000
Total Current Debt	1 409 000	1 421 000	603 000	1 195 000
Total Equity and Debt	1 062 000	1 122 000	751 000	1 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,08 %	−106,33 %	104,68 %	−155,17 %
Debt-to-Equity Ratio	−0,45	−0	−1,24	12,07
Operating Profit Margin	−30,12 %	12,65 %	−31,38 %	−16,48 %
Current Ratio	0,28	0,46	0,58	1,32
Quick Ratio	0,28	0,46	0,58	1,32
Equity Ratio	−0,59	−0,27	−0,82	0,02
Gross Profit Margin	93,53 %	60,74 %	22,15 %	19,41 %