FLAGTAIL AS

4816 KOLBJØRNSVIK

Finances

Share Ownership

Return on Equity

39,52 %

Current Ratio

2,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 118 000	1 610 000	2 128 000	1 365 000
Net Income	875 000	3 361 000	848 000	661 000
Total Assets	3 467 000	4 305 000	1 436 000	1 166 000
Total Equity	2 214 000	3 939 000	878 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 118 000	1 610 000	2 128 000	1 365 000
Expenditure	999 000	985 000	1 040 000	519 000
Operating Profit	1 119 000	625 000	1 088 000	846 000
Financial Income	2 000	2 875 000	0	0
Financial Costs	0	0	1 000	0
Financial Balance	2 000	2 875 000	−1 000	0
Earnings Before Tax	1 121 000	3 500 000	1 087 000	846 000
Tax	247 000	139 000	239 000	185 000
Net Income	875 000	3 361 000	848 000	661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	100 000	100 000
Total Current Assets	3 467 000	4 305 000	1 336 000	1 066 000
Total Assets	3 467 000	4 305 000	1 436 000	1 166 000
Total Retained Equity	2 190 000	3 915 000	854 000	6 000
Total Equity	2 214 000	3 939 000	878 000	31 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 253 000	365 000	557 000	1 135 000
Total Equity and Debt	3 467 000	4 305 000	1 436 000	1 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 118 000	1 610 000	2 128 000	1 365 000
Other Income	0	0	0	0
Revenue	2 118 000	1 610 000	2 128 000	1 365 000
Cost of Goods Sold	0	0	0	0
Salary Costs	844 000	844 000	914 000	384 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	999 000	985 000	1 040 000	519 000
Operating Profit	1 119 000	625 000	1 088 000	846 000
Financial Income	2 000	2 875 000	0	0
Financial Costs	0	0	1 000	0
Financial Balance	2 000	2 875 000	−1 000	0
Dividends	2 600 000	300 000	0	655 000
Net Income	875 000	3 361 000	848 000	661 000

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	100 000	100 000
Total Fixed Assets	0	0	100 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 319 000	4 187 000	1 141 000	901 000
Total Current Assets	3 467 000	4 305 000	1 336 000	1 066 000
Total Assets	3 467 000	4 305 000	1 436 000	1 166 000
Total Equity	2 214 000	3 939 000	878 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	168 000	71 000	93 000	157 000
Dividends	2 600 000	300 000	0	655 000
Other Current Debt	238 000	156 000	225 000	138 000
Total Current Debt	1 253 000	365 000	557 000	1 135 000
Total Equity and Debt	3 467 000	4 305 000	1 436 000	1 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,52 %	85,33 %	96,58 %	2 132,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	52,83 %	38,82 %	51,13 %	61,98 %
Current Ratio	2,77	11,79	2,4	0,94
Quick Ratio	2,77	11,79	2,4	0,94
Equity Ratio	0,64	0,91	0,61	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %