FLEX TEKNIKK AS

5378 KLOKKARVIK

Finances

Share Ownership

Return on Equity

72,95 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 114 000	1 251 000	923 000	1 151 000
Net Income	89 000	75 000	−73 000	12 000
Total Assets	377 000	228 000	372 000	144 000
Total Equity	122 000	32 000	−42 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 114 000	1 251 000	923 000	1 151 000
Expenditure	981 000	1 172 000	994 000	1 139 000
Operating Profit	133 000	79 000	−70 000	12 000
Financial Income	2 000	0	1 000	0
Financial Costs	6 000	3 000	3 000	0
Financial Balance	−4 000	−3 000	−2 000	0
Earnings Before Tax	128 000	75 000	−73 000	12 000
Tax	39 000	1 000	0	0
Net Income	89 000	75 000	−73 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	377 000	228 000	372 000	144 000
Total Assets	377 000	228 000	372 000	144 000
Total Retained Equity	92 000	2 000	−72 000	0
Total Equity	122 000	32 000	−42 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	256 000	196 000	414 000	114 000
Total Equity and Debt	377 000	228 000	372 000	144 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 113 000	1 251 000	923 000	1 151 000
Other Income	0	0	0	0
Revenue	1 114 000	1 251 000	923 000	1 151 000
Cost of Goods Sold	269 000	353 000	713 000	1 041 000
Salary Costs	354 000	529 000	152 000	21 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	981 000	1 172 000	994 000	1 139 000
Operating Profit	133 000	79 000	−70 000	12 000
Financial Income	2 000	0	1 000	0
Financial Costs	6 000	3 000	3 000	0
Financial Balance	−4 000	−3 000	−2 000	0
Dividends	0	0	0	0
Net Income	89 000	75 000	−73 000	12 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	212 000	182 000	312 000	35 000
Total Current Assets	377 000	228 000	372 000	144 000
Total Assets	377 000	228 000	372 000	144 000
Total Equity	122 000	32 000	−42 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	78 000	39 000	383 000	93 000
Unpaid Taxes	45 000	50 000	14 000	3 000
Dividends	0	0	0	0
Other Current Debt	93 000	106 000	16 000	18 000
Total Current Debt	256 000	196 000	414 000	114 000
Total Equity and Debt	377 000	228 000	372 000	144 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,95 %	234,38 %	173,81 %	40 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	11,94 %	6,31 %	−7,58 %	1,04 %
Current Ratio	1,47	1,16	0,9	1,26
Quick Ratio	1,47	1,16	0,9	1,26
Equity Ratio	0,32	0,14	−0,11	0,21
Gross Profit Margin	75,85 %	71,78 %	22,75 %	9,56 %