FLAV AS

5131 NYBORG

Finances

Return on Equity

324,53 %

Current Ratio

0,86

Debt-to-Equity Ratio

−0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 956 000	9 052 000	4 108 000	1 920 000
Net Income	−1 733 000	437 000	311 000	216 000
Total Assets	2 499 000	3 398 000	2 335 000	818 000
Total Equity	−534 000	1 199 000	761 000	451 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 956 000	9 052 000	4 108 000	1 920 000
Expenditure	10 920 000	8 498 000	3 702 000	1 697 000
Operating Profit	876 000	553 000	407 000	224 000
Financial Income	48 000	20 000	0	0
Financial Costs	2 456 000	11 000	7 000	0
Financial Balance	−2 408 000	9 000	−7 000	0
Earnings Before Tax	−1 532 000	563 000	400 000	224 000
Tax	201 000	126 000	89 000	8 000
Net Income	−1 733 000	437 000	311 000	216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	1 089 000	310 000	396 000
Total Current Assets	2 479 000	2 308 000	2 025 000	423 000
Total Assets	2 499 000	3 398 000	2 335 000	818 000
Total Retained Equity	−564 000	1 169 000	731 000	421 000
Total Equity	−534 000	1 199 000	761 000	451 000
Total Long-Term Debt	150 000	267 000	400 000	2 000
Total Current Debt	2 882 000	1 932 000	1 174 000	365 000
Total Equity and Debt	2 499 000	3 398 000	2 335 000	818 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 956 000	9 052 000	4 108 000	1 920 000
Other Income	0	0	0	0
Revenue	11 956 000	9 052 000	4 108 000	1 920 000
Cost of Goods Sold	0	21 000	2 000	4 000
Salary Costs	9 479 000	7 851 000	3 468 000	1 771 000
Depreciation	23 000	33 000	40 000	41 000
Impairment	0	0	0	0
Expenditure	10 920 000	8 498 000	3 702 000	1 697 000
Operating Profit	876 000	553 000	407 000	224 000
Financial Income	48 000	20 000	0	0
Financial Costs	2 456 000	11 000	7 000	0
Financial Balance	−2 408 000	9 000	−7 000	0
Dividends	0	0	0	0
Net Income	−1 733 000	437 000	311 000	216 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	23 000	56 000	89 000
Total Intangible Assets	10 000	30 000	60 000	89 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	7 000
Total Tangible Assets	0	0	0	7 000
Total Fiancial Fixed Assets	10 000	1 059 000	250 000	300 000
Total Fixed Assets	19 000	1 089 000	310 000	396 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	585 000	279 000	476 000	275 000
Total Current Assets	2 479 000	2 308 000	2 025 000	423 000
Total Assets	2 499 000	3 398 000	2 335 000	818 000
Total Equity	−534 000	1 199 000	761 000	451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	150 000	267 000	400 000	2 000
Creditors	238 000	319 000	62 000	19 000
Unpaid Taxes	1 384 000	741 000	657 000	188 000
Dividends	0	0	0	0
Other Current Debt	989 000	744 000	360 000	152 000
Total Current Debt	2 882 000	1 932 000	1 174 000	365 000
Total Equity and Debt	2 499 000	3 398 000	2 335 000	818 000

Financial indicators	2022	2021	2020	2019
Return on Equity	324,53 %	36,45 %	40,87 %	47,89 %
Debt-to-Equity Ratio	−0,28	0,22	0,53	0
Operating Profit Margin	7,33 %	6,11 %	9,91 %	11,67 %
Current Ratio	0,86	1,19	1,72	1,16
Quick Ratio	0,86	1,19	1,72	1,16
Equity Ratio	−0,21	0,35	0,33	0,55
Gross Profit Margin	100 %	99,77 %	99,95 %	99,79 %