FLEXI CASH AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

23,59 %

Current Ratio

0,36

Debt-to-Equity Ratio

−0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	539 000	449 000	450 000	414 000
Net Income	−675 000	−1 027 000	−662 000	−1 507 000
Total Assets	323 000	737 000	520 000	955 000
Total Equity	−2 861 000	−2 186 000	−1 159 000	−722 000

Income (NOK)	2022	2021	2020	2019
Revenue	539 000	449 000	450 000	414 000
Expenditure	1 212 000	1 507 000	1 169 000	1 913 000
Operating Profit	−673 000	−1 059 000	−720 000	−1 499 000
Financial Income	56 000	32 000	60 000	1 000
Financial Costs	58 000	0	2 000	9 000
Financial Balance	−2 000	32 000	58 000	−8 000
Earnings Before Tax	−675 000	−1 027 000	−662 000	−1 507 000
Tax	0	0	0	0
Net Income	−675 000	−1 027 000	−662 000	−1 507 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	99 000	143 000	91 000
Total Current Assets	282 000	639 000	377 000	863 000
Total Assets	323 000	737 000	520 000	955 000
Total Retained Equity	−4 464 000	−3 789 000	−2 762 000	−2 100 000
Total Equity	−2 861 000	−2 186 000	−1 159 000	−722 000
Total Long-Term Debt	2 400 000	2 396 000	1 500 000	1 500 000
Total Current Debt	784 000	528 000	179 000	177 000
Total Equity and Debt	323 000	737 000	520 000	955 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	679 000	449 000	445 000	414 000
Other Income	−140 000	0	5 000	0
Revenue	539 000	449 000	450 000	414 000
Cost of Goods Sold	97 000	61 000	99 000	2 000
Salary Costs	831 000	833 000	544 000	669 000
Depreciation	29 000	29 000	14 000	7 000
Impairment	0	0	0	0
Expenditure	1 212 000	1 507 000	1 169 000	1 913 000
Operating Profit	−673 000	−1 059 000	−720 000	−1 499 000
Financial Income	56 000	32 000	60 000	1 000
Financial Costs	58 000	0	2 000	9 000
Financial Balance	−2 000	32 000	58 000	−8 000
Dividends	0	0	0	0
Net Income	−675 000	−1 027 000	−662 000	−1 507 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	7 000	7 000	91 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	61 000	91 000	0
Total Tangible Assets	32 000	61 000	91 000	0
Total Fiancial Fixed Assets	3 000	31 000	45 000	0
Total Fixed Assets	41 000	99 000	143 000	91 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	259 000	620 000	336 000	820 000
Total Current Assets	282 000	639 000	377 000	863 000
Total Assets	323 000	737 000	520 000	955 000
Total Equity	−2 861 000	−2 186 000	−1 159 000	−722 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 400 000	2 396 000	1 500 000	1 500 000
Creditors	−2 000	−25 000	−126 000	81 000
Unpaid Taxes	55 000	57 000	38 000	38 000
Dividends	0	0	0	0
Other Current Debt	731 000	496 000	266 000	57 000
Total Current Debt	784 000	528 000	179 000	177 000
Total Equity and Debt	323 000	737 000	520 000	955 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,59 %	46,98 %	57,12 %	208,73 %
Debt-to-Equity Ratio	−0,84	−1,1	−1,29	−2,08
Operating Profit Margin	−124,86 %	−235,86 %	−160 %	−362,08 %
Current Ratio	0,36	1,21	2,11	4,88
Quick Ratio	0,36	1,21	2,11	4,88
Equity Ratio	−8,86	−2,97	−2,23	−0,76
Gross Profit Margin	82 %	86,41 %	78 %	99,52 %