FLUGE SMÅBÅTBYGGERI AS

1692 NEDGÅRDEN

Finances

Return on Equity

3,71 %

Current Ratio

6,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 000	17 000	9 000	0
Net Income	149 000	1 943 000	−672 000	4 237 000
Total Assets	4 303 000	4 452 000	2 603 000	3 730 000
Total Equity	4 018 000	3 869 000	2 505 000	3 730 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 000	17 000	9 000	0
Expenditure	620 000	525 000	734 000	140 000
Operating Profit	−613 000	−509 000	−725 000	−140 000
Financial Income	763 000	2 455 000	102 000	4 376 000
Financial Costs	1 000	3 000	48 000	0
Financial Balance	762 000	2 452 000	54 000	4 376 000
Earnings Before Tax	149 000	1 943 000	−672 000	4 237 000
Tax	0	0	0	0
Net Income	149 000	1 943 000	−672 000	4 237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 445 000	2 081 000	1 481 000	1 591 000
Total Current Assets	1 858 000	2 371 000	1 122 000	2 139 000
Total Assets	4 303 000	4 452 000	2 603 000	3 730 000
Total Retained Equity	3 025 000	2 876 000	1 513 000	2 738 000
Total Equity	4 018 000	3 869 000	2 505 000	3 730 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	286 000	584 000	97 000	0
Total Equity and Debt	4 303 000	4 452 000	2 603 000	3 730 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 000	17 000	9 000	0
Other Income	0	0	0	0
Revenue	7 000	17 000	9 000	0
Cost of Goods Sold	16 000	24 000	17 000	1 000
Salary Costs	258 000	190 000	345 000	0
Depreciation	116 000	69 000	60 000	30 000
Impairment	0	0	0	0
Expenditure	620 000	525 000	734 000	140 000
Operating Profit	−613 000	−509 000	−725 000	−140 000
Financial Income	763 000	2 455 000	102 000	4 376 000
Financial Costs	1 000	3 000	48 000	0
Financial Balance	762 000	2 452 000	54 000	4 376 000
Dividends	0	580 000	553 000	1 457 000
Net Income	149 000	1 943 000	−672 000	4 237 000

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	416 000	532 000	210 000	270 000
Total Tangible Assets	416 000	532 000	210 000	270 000
Total Fiancial Fixed Assets	2 029 000	1 549 000	1 271 000	1 321 000
Total Fixed Assets	2 445 000	2 081 000	1 481 000	1 591 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 474 000	2 358 000	1 014 000	2 016 000
Total Current Assets	1 858 000	2 371 000	1 122 000	2 139 000
Total Assets	4 303 000	4 452 000	2 603 000	3 730 000
Total Equity	4 018 000	3 869 000	2 505 000	3 730 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	14 000	23 000	0
Unpaid Taxes	69 000	40 000	38 000	0
Dividends	0	580 000	553 000	1 457 000
Other Current Debt	212 000	30 000	36 000	0
Total Current Debt	286 000	584 000	97 000	0
Total Equity and Debt	4 303 000	4 452 000	2 603 000	3 730 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,71 %	50,22 %	−26,83 %	113,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8 757,14 %	−2 994,12 %	−8 055,56 %	-
Current Ratio	6,5	4,06	11,57	-
Quick Ratio	6,5	4,06	11,57	-
Equity Ratio	0,93	0,87	0,96	1
Gross Profit Margin	−128,57 %	−41,18 %	−88,89 %	-