FLIP.RE AS

0188 OSLO

Finances

Share Ownership

Return on Equity

−151,25 %

Current Ratio

2,81

Debt-to-Equity Ratio

6,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	750 000	750 000	0	0
Net Income	−242 000	1 015 000	−633 000	−3 000
Total Assets	1 253 000	1 581 000	468 000	23 000
Total Equity	160 000	403 000	−612 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	750 000	750 000	0	0
Expenditure	989 000	−371 000	633 000	3 000
Operating Profit	−240 000	1 121 000	−633 000	−3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−239 000	1 121 000	−633 000	−3 000
Tax	2 000	106 000	0	0
Net Income	−242 000	1 015 000	−633 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	992 000	1 245 000	0	0
Total Current Assets	261 000	336 000	468 000	23 000
Total Assets	1 253 000	1 581 000	468 000	23 000
Total Retained Equity	130 000	373 000	−637 000	−3 000
Total Equity	160 000	403 000	−612 000	21 000
Total Long-Term Debt	1 000 000	1 000 000	1 000 000	0
Total Current Debt	93 000	178 000	80 000	2 000
Total Equity and Debt	1 253 000	1 581 000	468 000	23 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	750 000	750 000	0	0
Revenue	750 000	750 000	0	0
Cost of Goods Sold	137 000	−284 000	284 000	0
Salary Costs	509 000	−161 000	273 000	0
Depreciation	253 000	21 000	0	0
Impairment	0	0	0	0
Expenditure	989 000	−371 000	633 000	3 000
Operating Profit	−240 000	1 121 000	−633 000	−3 000
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	−242 000	1 015 000	−633 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	992 000	1 245 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	992 000	1 245 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	174 000	54 000	392 000	23 000
Total Current Assets	261 000	336 000	468 000	23 000
Total Assets	1 253 000	1 581 000	468 000	23 000
Total Equity	160 000	403 000	−612 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000 000	1 000 000	1 000 000	0
Creditors	0	0	0	0
Unpaid Taxes	22 000	23 000	48 000	0
Dividends	0	0	0	0
Other Current Debt	71 000	50 000	32 000	2 000
Total Current Debt	93 000	178 000	80 000	2 000
Total Equity and Debt	1 253 000	1 581 000	468 000	23 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−151,25 %	251,86 %	103,43 %	−14,29 %
Debt-to-Equity Ratio	6,25	2,48	−1,63	0
Operating Profit Margin	−32 %	149,47 %	-	-
Current Ratio	2,81	1,89	5,85	11,5
Quick Ratio	2,81	1,89	5,85	11,5
Equity Ratio	0,13	0,25	−1,31	0,91
Gross Profit Margin	81,73 %	137,87 %	-	-