FLOPETROL WELL BARRIER AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

315,01 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 473 000	7 965 000	3 503 000	657 000
Net Income	−5 059 000	624 000	−1 520 000	−5 923 000
Total Assets	389 000	7 943 000	4 005 000	1 477 000
Total Equity	−1 606 000	3 454 000	2 830 000	−66 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 473 000	7 965 000	3 503 000	657 000
Expenditure	6 482 000	7 229 000	4 838 000	6 476 000
Operating Profit	−5 009 000	736 000	−1 335 000	−5 819 000
Financial Income	238 000	34 000	52 000	11 000
Financial Costs	288 000	146 000	237 000	114 000
Financial Balance	−50 000	−112 000	−185 000	−103 000
Earnings Before Tax	−5 059 000	624 000	−1 520 000	−5 923 000
Tax	0	0	0	0
Net Income	−5 059 000	624 000	−1 520 000	−5 923 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	389 000	7 943 000	4 005 000	1 477 000
Total Assets	389 000	7 943 000	4 005 000	1 477 000
Total Retained Equity	−14 055 000	−8 996 000	−9 619 000	−8 099 000
Total Equity	−1 606 000	3 454 000	2 830 000	−66 000
Total Long-Term Debt	672 000	200 000	200 000	200 000
Total Current Debt	1 322 000	4 289 000	975 000	1 344 000
Total Equity and Debt	389 000	7 943 000	4 005 000	1 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 473 000	7 965 000	3 503 000	657 000
Other Income	0	0	0	0
Revenue	1 473 000	7 965 000	3 503 000	657 000
Cost of Goods Sold	454 000	1 683 000	769 000	700 000
Salary Costs	4 107 000	3 088 000	2 672 000	4 098 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 482 000	7 229 000	4 838 000	6 476 000
Operating Profit	−5 009 000	736 000	−1 335 000	−5 819 000
Financial Income	238 000	34 000	52 000	11 000
Financial Costs	288 000	146 000	237 000	114 000
Financial Balance	−50 000	−112 000	−185 000	−103 000
Dividends	0	0	0	0
Net Income	−5 059 000	624 000	−1 520 000	−5 923 000

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	0	0
Total Fixed Assets	0	0	0	0
Stock	158 000	50 000	50 000	0
Total Investments	0	0	0	0
Cash, Bank	32 000	247 000	2 599 000	1 071 000
Total Current Assets	389 000	7 943 000	4 005 000	1 477 000
Total Assets	389 000	7 943 000	4 005 000	1 477 000
Total Equity	−1 606 000	3 454 000	2 830 000	−66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	672 000	200 000	200 000	200 000
Creditors	180 000	925 000	399 000	586 000
Unpaid Taxes	214 000	248 000	286 000	260 000
Dividends	0	0	0	0
Other Current Debt	413 000	306 000	261 000	479 000
Total Current Debt	1 322 000	4 289 000	975 000	1 344 000
Total Equity and Debt	389 000	7 943 000	4 005 000	1 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	315,01 %	18,07 %	−53,71 %	8 974,24 %
Debt-to-Equity Ratio	−0,42	0,06	0,07	−3,03
Operating Profit Margin	−340,05 %	9,24 %	−38,11 %	−885,69 %
Current Ratio	0,29	1,85	4,11	1,1
Quick Ratio	0,33	1,87	4,33	1,1
Equity Ratio	−4,13	0,43	0,71	−0,04
Gross Profit Margin	69,18 %	78,87 %	78,05 %	−6,54 %