FLATANGER TURKISH BATH AS

7770 FLATANGER

Finances

Share Ownership

Return on Equity

51,81 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	509 000	430 000	134 000	145 000
Net Income	100 000	113 000	−10 000	−10 000
Total Assets	271 000	132 000	113 000	123 000
Total Equity	193 000	94 000	−20 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	509 000	430 000	134 000	145 000
Expenditure	383 000	288 000	147 000	158 000
Operating Profit	125 000	142 000	−13 000	−12 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	125 000	142 000	−13 000	−12 000
Tax	25 000	29 000	−3 000	−3 000
Net Income	100 000	113 000	−10 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 000	70 000	62 000	88 000
Total Current Assets	161 000	62 000	52 000	35 000
Total Assets	271 000	132 000	113 000	123 000
Total Retained Equity	163 000	64 000	−50 000	−40 000
Total Equity	193 000	94 000	−20 000	−10 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	78 000	38 000	133 000	133 000
Total Equity and Debt	271 000	132 000	113 000	123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	499 000	410 000	134 000	127 000
Other Income	10 000	20 000	0	18 000
Revenue	509 000	430 000	134 000	145 000
Cost of Goods Sold	70 000	61 000	26 000	21 000
Salary Costs	1 000	0	0	0
Depreciation	15 000	10 000	29 000	27 000
Impairment	0	0	0	0
Expenditure	383 000	288 000	147 000	158 000
Operating Profit	125 000	142 000	−13 000	−12 000
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	100 000	113 000	−10 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	34 000	38 000	57 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	12 000	18 000	24 000	31 000
Fixtures	67 000	18 000	0	0
Total Tangible Assets	79 000	36 000	24 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	110 000	70 000	62 000	88 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	155 000	62 000	52 000	35 000
Total Current Assets	161 000	62 000	52 000	35 000
Total Assets	271 000	132 000	113 000	123 000
Total Equity	193 000	94 000	−20 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	34 000	3 000	0	0
Unpaid Taxes	0	4 000	8 000	5 000
Dividends	0	0	0	0
Other Current Debt	3 000	2 000	125 000	128 000
Total Current Debt	78 000	38 000	133 000	133 000
Total Equity and Debt	271 000	132 000	113 000	123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,81 %	120,21 %	50 %	100 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	24,56 %	33,02 %	−9,7 %	−8,28 %
Current Ratio	2,06	1,63	0,39	0,26
Quick Ratio	2,06	1,63	0,39	0,26
Equity Ratio	0,71	0,71	−0,18	−0,08
Gross Profit Margin	86,25 %	85,81 %	80,6 %	85,52 %