BRØDRENE FLØTTEN AS

9350 SJØVEGAN

Finances

Share Ownership

Return on Equity

−148,37 %

Current Ratio

1,07

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 044 000	6 665 000	7 934 000	7 789 000
Net Income	−500 000	−498 000	474 000	761 000
Total Assets	1 630 000	2 302 000	3 139 000	3 236 000
Total Equity	337 000	837 000	1 335 000	861 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 044 000	6 665 000	7 934 000	7 789 000
Expenditure	6 411 000	7 280 000	7 269 000	6 857 000
Operating Profit	−368 000	−616 000	665 000	932 000
Financial Income	0	0	0	1 000
Financial Costs	21 000	22 000	12 000	5 000
Financial Balance	−21 000	−22 000	−12 000	−4 000
Earnings Before Tax	−389 000	−638 000	653 000	928 000
Tax	111 000	−140 000	179 000	167 000
Net Income	−500 000	−498 000	474 000	761 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	683 000	1 189 000	818 000	997 000
Total Current Assets	947 000	1 113 000	2 321 000	2 239 000
Total Assets	1 630 000	2 302 000	3 139 000	3 236 000
Total Retained Equity	237 000	737 000	1 235 000	761 000
Total Equity	337 000	837 000	1 335 000	861 000
Total Long-Term Debt	403 000	542 000	234 000	253 000
Total Current Debt	889 000	923 000	1 571 000	2 122 000
Total Equity and Debt	1 630 000	2 302 000	3 139 000	3 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 990 000	6 635 000	7 934 000	7 786 000
Other Income	54 000	30 000	0	3 000
Revenue	6 044 000	6 665 000	7 934 000	7 789 000
Cost of Goods Sold	2 641 000	2 895 000	2 107 000	2 145 000
Salary Costs	2 418 000	2 909 000	3 985 000	3 913 000
Depreciation	339 000	343 000	224 000	90 000
Impairment	0	0	0	0
Expenditure	6 411 000	7 280 000	7 269 000	6 857 000
Operating Profit	−368 000	−616 000	665 000	932 000
Financial Income	0	0	0	1 000
Financial Costs	21 000	22 000	12 000	5 000
Financial Balance	−21 000	−22 000	−12 000	−4 000
Dividends	0	0	0	0
Net Income	−500 000	−498 000	474 000	761 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	111 000	0	0
Real Eastate	0	16 000	25 000	35 000
Machinery and Plant Facilities	0	12 000	18 000	24 000
Fixtures	683 000	1 050 000	774 000	939 000
Total Tangible Assets	683 000	1 078 000	818 000	997 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	683 000	1 189 000	818 000	997 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	734 000	374 000	1 721 000	1 042 000
Total Current Assets	947 000	1 113 000	2 321 000	2 239 000
Total Assets	1 630 000	2 302 000	3 139 000	3 236 000
Total Equity	337 000	837 000	1 335 000	861 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	403 000	542 000	234 000	253 000
Creditors	422 000	243 000	392 000	656 000
Unpaid Taxes	264 000	382 000	687 000	967 000
Dividends	0	0	0	0
Other Current Debt	203 000	298 000	342 000	332 000
Total Current Debt	889 000	923 000	1 571 000	2 122 000
Total Equity and Debt	1 630 000	2 302 000	3 139 000	3 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−148,37 %	−59,5 %	35,51 %	88,39 %
Debt-to-Equity Ratio	1,2	0,65	0,18	0,29
Operating Profit Margin	−6,09 %	−9,24 %	8,38 %	11,97 %
Current Ratio	1,07	1,21	1,48	1,06
Quick Ratio	1,07	1,21	1,48	1,06
Equity Ratio	0,21	0,36	0,43	0,27
Gross Profit Margin	56,3 %	56,56 %	73,44 %	72,46 %