FLEXIBILITY AS

0355 OSLO

Finances

Share Ownership

Return on Equity

−18,21 %

Current Ratio

1,26

Debt-to-Equity Ratio

−1,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 696 000	3 202 000	1 300 000	143 000
Net Income	280 000	587 000	−2 052 000	−434 000
Total Assets	1 979 000	1 115 000	616 000	995 000
Total Equity	−1 538 000	−1 818 000	−2 405 000	−359 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 696 000	3 202 000	1 300 000	143 000
Expenditure	4 407 000	2 609 000	3 366 000	578 000
Operating Profit	289 000	593 000	−2 066 000	−434 000
Financial Income	1 000	0	0	0
Financial Costs	10 000	5 000	0	0
Financial Balance	−9 000	−5 000	0	0
Earnings Before Tax	280 000	587 000	−2 066 000	−434 000
Tax	0	0	−15 000	0
Net Income	280 000	587 000	−2 052 000	−434 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	448 000	454 000	460 000	577 000
Total Current Assets	1 530 000	661 000	156 000	418 000
Total Assets	1 979 000	1 115 000	616 000	995 000
Total Retained Equity	−1 638 000	−1 912 000	−2 500 000	−454 000
Total Equity	−1 538 000	−1 818 000	−2 405 000	−359 000
Total Long-Term Debt	2 303 000	2 300 000	2 300 000	300 000
Total Current Debt	1 213 000	633 000	721 000	1 054 000
Total Equity and Debt	1 979 000	1 115 000	616 000	995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 046 000	1 417 000	670 000	43 000
Other Income	650 000	1 785 000	630 000	100 000
Revenue	4 696 000	3 202 000	1 300 000	143 000
Cost of Goods Sold	3 164 000	1 332 000	117 000	68 000
Salary Costs	727 000	1 478 000	2 274 000	310 000
Depreciation	6 000	6 000	5 000	0
Impairment	0	−577 000	577 000	0
Expenditure	4 407 000	2 609 000	3 366 000	578 000
Operating Profit	289 000	593 000	−2 066 000	−434 000
Financial Income	1 000	0	0	0
Financial Costs	10 000	5 000	0	0
Financial Balance	−9 000	−5 000	0	0
Dividends	0	0	0	0
Net Income	280 000	587 000	−2 052 000	−434 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	577 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	6 000	12 000	0
Total Tangible Assets	0	6 000	12 000	0
Total Fiancial Fixed Assets	448 000	448 000	448 000	0
Total Fixed Assets	448 000	454 000	460 000	577 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	592 000	58 000	149 000	364 000
Total Current Assets	1 530 000	661 000	156 000	418 000
Total Assets	1 979 000	1 115 000	616 000	995 000
Total Equity	−1 538 000	−1 818 000	−2 405 000	−359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 303 000	2 300 000	2 300 000	300 000
Creditors	168 000	67 000	88 000	592 000
Unpaid Taxes	512 000	135 000	133 000	44 000
Dividends	0	0	0	0
Other Current Debt	499 000	431 000	500 000	419 000
Total Current Debt	1 213 000	633 000	721 000	1 054 000
Total Equity and Debt	1 979 000	1 115 000	616 000	995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,21 %	−32,29 %	85,32 %	120,89 %
Debt-to-Equity Ratio	−1,5	−1,27	−0,96	−0,84
Operating Profit Margin	6,15 %	18,52 %	−158,92 %	−303,5 %
Current Ratio	1,26	1,04	0,22	0,4
Quick Ratio	1,26	1,04	0,22	0,4
Equity Ratio	−0,78	−1,63	−3,9	−0,36
Gross Profit Margin	32,62 %	58,4 %	91 %	52,45 %