FLYING ELEPHANT AS

0250 OSLO

Finances

Return on Equity

30,36 %

Current Ratio

0,9

Debt-to-Equity Ratio

−14,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	496 112 000	324 093 000	199 147 000	471 023 000
Net Income	−23 100 000	−24 610 000	−581 035 000	229 387 000
Total Assets	1 240 461 000	1 316 054 000	1 656 588 000	2 078 554 000
Total Equity	−76 099 000	−52 542 000	−20 497 000	505 858 000

Income (NOK)	2022	2021	2020	2019
Revenue	496 112 000	324 093 000	199 147 000	471 023 000
Expenditure	457 841 000	323 625 000	397 829 000	372 291 000
Operating Profit	38 271 000	468 000	−198 682 000	98 732 000
Financial Income	44 971 000	84 241 000	139 865 000	1 137 128 000
Financial Costs	101 857 000	108 796 000	544 824 000	987 726 000
Financial Balance	−56 886 000	−24 555 000	−404 959 000	149 402 000
Earnings Before Tax	−18 615 000	−24 087 000	−603 641 000	248 134 000
Tax	4 485 000	523 000	−22 606 000	18 747 000
Net Income	−23 100 000	−24 610 000	−581 035 000	229 387 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 015 343 000	1 079 331 000	1 260 980 000	1 484 503 000
Total Current Assets	225 118 000	236 723 000	395 608 000	594 051 000
Total Assets	1 240 461 000	1 316 054 000	1 656 588 000	2 078 554 000
Total Retained Equity	−485 019 000	−470 343 000	−21 497 000	−14 421 000
Total Equity	−76 099 000	−52 542 000	−20 497 000	505 858 000
Total Long-Term Debt	1 067 228 000	792 499 000	1 487 991 000	1 411 408 000
Total Current Debt	249 332 000	576 097 000	189 094 000	161 288 000
Total Equity and Debt	1 240 461 000	1 316 054 000	1 656 588 000	2 078 554 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	455 196 000
Other Income	496 112 000	324 093 000	199 147 000	15 827 000
Revenue	496 112 000	324 093 000	199 147 000	471 023 000
Cost of Goods Sold	0	0	0	0
Salary Costs	198 297 000	133 224 000	53 861 000	136 028 000
Depreciation	15 153 000	20 018 000	27 110 000	−13 981 000
Impairment	0	0	78 558 000	0
Expenditure	457 841 000	323 625 000	397 829 000	372 291 000
Operating Profit	38 271 000	468 000	−198 682 000	98 732 000
Financial Income	44 971 000	84 241 000	139 865 000	1 137 128 000
Financial Costs	101 857 000	108 796 000	544 824 000	987 726 000
Financial Balance	−56 886 000	−24 555 000	−404 959 000	149 402 000
Dividends	0	0	0	0
Net Income	−23 100 000	−24 610 000	−581 035 000	229 387 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 850 000	12 658 000	0	4 042 000
Real Eastate	793 585 000	855 764 000	993 615 000	1 134 018 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	203 502 000	206 818 000	209 345 000	125 267 000
Total Tangible Assets	997 087 000	1 062 582 000	1 202 960 000	1 259 285 000
Total Fiancial Fixed Assets	6 406 000	4 091 000	58 020 000	221 176 000
Total Fixed Assets	1 015 343 000	1 079 331 000	1 260 980 000	1 484 503 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	124 871 000	123 116 000	116 057 000	245 243 000
Total Current Assets	225 118 000	236 723 000	395 608 000	594 051 000
Total Assets	1 240 461 000	1 316 054 000	1 656 588 000	2 078 554 000
Total Equity	−76 099 000	−52 542 000	−20 497 000	505 858 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 067 228 000	792 499 000	1 487 991 000	1 411 408 000
Creditors	40 153 000	43 108 000	53 896 000	12 837 000
Unpaid Taxes	19 647 000	20 776 000	18 502 000	7 550 000
Dividends	0	0	0	0
Other Current Debt	178 410 000	159 026 000	111 668 000	127 166 000
Total Current Debt	249 332 000	576 097 000	189 094 000	161 288 000
Total Equity and Debt	1 240 461 000	1 316 054 000	1 656 588 000	2 078 554 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,36 %	46,84 %	2 834,73 %	45,35 %
Debt-to-Equity Ratio	−14,02	−15,08	−72,6	2,79
Operating Profit Margin	7,71 %	0,14 %	−99,77 %	20,96 %
Current Ratio	0,9	0,41	2,09	3,68
Quick Ratio	0,9	0,41	2,09	3,68
Equity Ratio	−0,06	−0,04	−0,01	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %