MULTIFLEX AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

83,55 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 650 000	7 973 000	8 165 000	6 218 000
Net Income	914 000	810 000	1 484 000	1 361 000
Total Assets	2 538 000	4 893 000	4 855 000	3 598 000
Total Equity	1 094 000	1 681 000	2 170 000	1 286 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 650 000	7 973 000	8 165 000	6 218 000
Expenditure	5 467 000	6 843 000	6 339 000	4 460 000
Operating Profit	1 183 000	1 130 000	1 826 000	1 758 000
Financial Income	0	0	0	1 000
Financial Costs	8 000	16 000	13 000	14 000
Financial Balance	−8 000	−16 000	−13 000	−13 000
Earnings Before Tax	1 175 000	1 114 000	1 813 000	1 745 000
Tax	262 000	304 000	329 000	384 000
Net Income	914 000	810 000	1 484 000	1 361 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	299 000	465 000	421 000	469 000
Total Current Assets	2 239 000	4 428 000	4 434 000	3 129 000
Total Assets	2 538 000	4 893 000	4 855 000	3 598 000
Total Retained Equity	1 064 000	1 651 000	2 140 000	1 256 000
Total Equity	1 094 000	1 681 000	2 170 000	1 286 000
Total Long-Term Debt	34 000	100 000	129 000	187 000
Total Current Debt	1 410 000	3 113 000	2 556 000	2 124 000
Total Equity and Debt	2 538 000	4 893 000	4 855 000	3 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 650 000	7 973 000	8 165 000	6 218 000
Other Income	0	0	0	0
Revenue	6 650 000	7 973 000	8 165 000	6 218 000
Cost of Goods Sold	836 000	1 158 000	1 225 000	680 000
Salary Costs	3 513 000	4 466 000	4 228 000	3 132 000
Depreciation	165 000	92 000	120 000	92 000
Impairment	0	0	0	0
Expenditure	5 467 000	6 843 000	6 339 000	4 460 000
Operating Profit	1 183 000	1 130 000	1 826 000	1 758 000
Financial Income	0	0	0	1 000
Financial Costs	8 000	16 000	13 000	14 000
Financial Balance	−8 000	−16 000	−13 000	−13 000
Dividends	1 500 000	1 300 000	600 000	540 000
Net Income	914 000	810 000	1 484 000	1 361 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	56 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	219 000	328 000	185 000	0
Fixtures	82 000	138 000	156 000	400 000
Total Tangible Assets	301 000	466 000	341 000	400 000
Total Fiancial Fixed Assets	−2 000	−2 000	24 000	68 000
Total Fixed Assets	299 000	465 000	421 000	469 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 212 000	2 694 000	2 513 000	2 022 000
Total Current Assets	2 239 000	4 428 000	4 434 000	3 129 000
Total Assets	2 538 000	4 893 000	4 855 000	3 598 000
Total Equity	1 094 000	1 681 000	2 170 000	1 286 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 000	100 000	129 000	187 000
Creditors	130 000	184 000	86 000	49 000
Unpaid Taxes	467 000	658 000	727 000	588 000
Dividends	1 500 000	1 300 000	600 000	540 000
Other Current Debt	538 000	736 000	743 000	565 000
Total Current Debt	1 410 000	3 113 000	2 556 000	2 124 000
Total Equity and Debt	2 538 000	4 893 000	4 855 000	3 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,55 %	48,19 %	68,39 %	105,83 %
Debt-to-Equity Ratio	0,03	0,06	0,06	0,15
Operating Profit Margin	17,79 %	14,17 %	22,36 %	28,27 %
Current Ratio	1,59	1,42	1,73	1,47
Quick Ratio	1,59	1,42	1,73	1,47
Equity Ratio	0,43	0,34	0,45	0,36
Gross Profit Margin	87,43 %	85,48 %	85 %	89,06 %