FLOREO AS

4023 STAVANGER

Finances

Share Ownership

Return on Equity

74,34 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 984 000	870 000	198 000	0
Net Income	281 000	68 000	8 000	−4 000
Total Assets	821 000	459 000	94 000	15 000
Total Equity	378 000	97 000	29 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 984 000	870 000	198 000	0
Expenditure	1 624 000	784 000	190 000	4 000
Operating Profit	360 000	86 000	8 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	360 000	86 000	8 000	−4 000
Tax	79 000	17 000	0	0
Net Income	281 000	68 000	8 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	20 000	0	0
Total Current Assets	805 000	439 000	94 000	15 000
Total Assets	821 000	459 000	94 000	15 000
Total Retained Equity	348 000	73 000	4 000	−4 000
Total Equity	378 000	97 000	29 000	15 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	442 000	362 000	66 000	0
Total Equity and Debt	821 000	459 000	94 000	15 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 984 000	870 000	198 000	0
Other Income	0	0	0	0
Revenue	1 984 000	870 000	198 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 481 000	678 000	63 000	0
Depreciation	4 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	1 624 000	784 000	190 000	4 000
Operating Profit	360 000	86 000	8 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	281 000	68 000	8 000	−4 000

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	16 000	20 000	0	0
Total Tangible Assets	16 000	20 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	20 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	662 000	289 000	94 000	15 000
Total Current Assets	805 000	439 000	94 000	15 000
Total Assets	821 000	459 000	94 000	15 000
Total Equity	378 000	97 000	29 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	9 000	11 000	0
Unpaid Taxes	197 000	273 000	36 000	0
Dividends	0	0	0	0
Other Current Debt	143 000	62 000	19 000	0
Total Current Debt	442 000	362 000	66 000	0
Total Equity and Debt	821 000	459 000	94 000	15 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,34 %	70,1 %	27,59 %	−26,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,15 %	9,89 %	4,04 %	-
Current Ratio	1,82	1,21	1,42	-
Quick Ratio	1,82	1,21	1,42	-
Equity Ratio	0,46	0,21	0,31	1
Gross Profit Margin	100 %	100 %	100 %	-