FLO FLÅTEN EIGEDOM AS

6788 OLDEN

Finances

Return on Equity

10,7 %

Current Ratio

2,39

Debt-to-Equity Ratio

23,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	301 000	308 000	329 000	66 000
Net Income	20 000	63 000	79 000	−19 000
Total Assets	4 805 000	4 854 000	4 691 000	4 705 000
Total Equity	187 000	168 000	104 000	25 000

Income (NOK)	2022	2021	2020	2019
Revenue	301 000	308 000	329 000	66 000
Expenditure	92 000	83 000	63 000	13 000
Operating Profit	209 000	226 000	265 000	53 000
Financial Income	2 000	0	0	0
Financial Costs	186 000	145 000	164 000	77 000
Financial Balance	−184 000	−145 000	−164 000	−77 000
Earnings Before Tax	25 000	81 000	101 000	−24 000
Tax	6 000	18 000	22 000	−5 000
Net Income	20 000	63 000	79 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 240 000	4 254 000	4 174 000	4 179 000
Total Current Assets	565 000	600 000	517 000	525 000
Total Assets	4 805 000	4 854 000	4 691 000	4 705 000
Total Retained Equity	137 000	118 000	54 000	−19 000
Total Equity	187 000	168 000	104 000	25 000
Total Long-Term Debt	4 381 000	4 402 000	4 450 000	4 564 000
Total Current Debt	236 000	284 000	137 000	115 000
Total Equity and Debt	4 805 000	4 854 000	4 691 000	4 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	301 000	308 000	329 000	66 000
Revenue	301 000	308 000	329 000	66 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	14 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	92 000	83 000	63 000	13 000
Operating Profit	209 000	226 000	265 000	53 000
Financial Income	2 000	0	0	0
Financial Costs	186 000	145 000	164 000	77 000
Financial Balance	−184 000	−145 000	−164 000	−77 000
Dividends	0	0	0	0
Net Income	20 000	63 000	79 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	4 174 000	4 174 000	4 174 000	4 174 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	66 000	80 000	0	0
Total Tangible Assets	4 240 000	4 254 000	4 174 000	4 174 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 240 000	4 254 000	4 174 000	4 179 000
Stock	0	0	0	0
Total Investments	500 000	500 000	500 000	500 000
Cash, Bank	8 000	45 000	17 000	25 000
Total Current Assets	565 000	600 000	517 000	525 000
Total Assets	4 805 000	4 854 000	4 691 000	4 705 000
Total Equity	187 000	168 000	104 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 381 000	4 402 000	4 450 000	4 564 000
Creditors	7 000	5 000	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	224 000	263 000	120 000	114 000
Total Current Debt	236 000	284 000	137 000	115 000
Total Equity and Debt	4 805 000	4 854 000	4 691 000	4 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,7 %	37,5 %	75,96 %	−76 %
Debt-to-Equity Ratio	23,43	26,2	42,79	182,56
Operating Profit Margin	69,44 %	73,38 %	80,55 %	80,3 %
Current Ratio	2,39	2,11	3,77	4,57
Quick Ratio	2,39	2,11	3,77	4,57
Equity Ratio	0,04	0,03	0,02	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %