FLOVIK VENTURES AS

4790 LILLESAND

Finances

Return on Equity

100,92 %

Current Ratio

0,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	329 000	−1 000	0
Total Assets	636 000	357 000	30 000
Total Equity	326 000	−3 000	30 000

Income (NOK)	2022	2021
Revenue	0	0
Expenditure	28 000	1 000
Operating Profit	−28 000	−1 000
Financial Income	357 000	0
Financial Costs	0	0
Financial Balance	357 000	0
Earnings Before Tax	329 000	−1 000
Tax	0	0
Net Income	329 000	−1 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	630 000	350 000	0
Total Current Assets	5 000	6 000	30 000
Total Assets	636 000	357 000	30 000
Total Retained Equity	302 000	−27 000	0
Total Equity	326 000	−3 000	30 000
Total Long-Term Debt	0	0	0
Total Current Debt	309 000	360 000	0
Total Equity and Debt	636 000	357 000	30 000

Cash flow (NOK)	2022	2021
Sales Income	0	0
Other Income	0	0
Revenue	0	0
Cost of Goods Sold	0	0
Salary Costs	0	0
Depreciation	0	0
Impairment	0	0
Expenditure	28 000	1 000
Operating Profit	−28 000	−1 000
Financial Income	357 000	0
Financial Costs	0	0
Financial Balance	357 000	0
Dividends	0	0
Net Income	329 000	−1 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	630 000	350 000	0
Total Fixed Assets	630 000	350 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	5 000	6 000	30 000
Total Current Assets	5 000	6 000	30 000
Total Assets	636 000	357 000	30 000
Total Equity	326 000	−3 000	30 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	309 000	360 000	0
Total Current Debt	309 000	360 000	0
Total Equity and Debt	636 000	357 000	30 000

Financial indicators	2022	2021	2020
Return on Equity	100,92 %	33,33 %	0 %
Debt-to-Equity Ratio	0	−0	0
Operating Profit Margin	-	-	-
Current Ratio	0,02	0,02	-
Quick Ratio	0,02	0,02	-
Equity Ratio	0,51	−0,01	1
Gross Profit Margin	-	-	-