FLATANGER ADVENTURE AS

7770 FLATANGER

Finances

Share Ownership

Return on Equity

36,43 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	148 000	148 000	92 000	15 000
Net Income	47 000	42 000	13 000	−3 000
Total Assets	162 000	140 000	84 000	60 000
Total Equity	129 000	74 000	32 000	19 000

Income (NOK)	2022	2021	2020	2019
Revenue	148 000	148 000	92 000	15 000
Expenditure	88 000	94 000	76 000	19 000
Operating Profit	60 000	53 000	16 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	60 000	53 000	16 000	−4 000
Tax	13 000	12 000	4 000	−1 000
Net Income	47 000	42 000	13 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	37 000	27 000	38 000
Total Current Assets	95 000	104 000	57 000	23 000
Total Assets	162 000	140 000	84 000	60 000
Total Retained Equity	99 000	44 000	2 000	−11 000
Total Equity	129 000	74 000	32 000	19 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	33 000	66 000	52 000	41 000
Total Equity and Debt	162 000	140 000	84 000	60 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	137 000	148 000	92 000	15 000
Other Income	11 000	0	0	0
Revenue	148 000	148 000	92 000	15 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	0	2 000	0	0
Depreciation	16 000	10 000	7 000	2 000
Impairment	0	0	0	0
Expenditure	88 000	94 000	76 000	19 000
Operating Profit	60 000	53 000	16 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	47 000	42 000	13 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	1 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	66 000	37 000	26 000	33 000
Fixtures	0	0	0	0
Total Tangible Assets	66 000	37 000	26 000	33 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	68 000	37 000	27 000	38 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	113 000	57 000	23 000
Total Current Assets	95 000	104 000	57 000	23 000
Total Assets	162 000	140 000	84 000	60 000
Total Equity	129 000	74 000	32 000	19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−39 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	57 000	56 000	52 000	41 000
Total Current Debt	33 000	66 000	52 000	41 000
Total Equity and Debt	162 000	140 000	84 000	60 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,43 %	56,76 %	40,63 %	−15,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,54 %	35,81 %	17,39 %	−26,67 %
Current Ratio	2,88	1,58	1,1	0,56
Quick Ratio	2,88	1,58	1,1	0,56
Equity Ratio	0,8	0,53	0,38	0,32
Gross Profit Margin	99,32 %	100 %	100 %	100 %