FLÅT TRANSPORT AS

4980 GJERSTAD

Finances

Share Ownership

Return on Equity

58 %

Current Ratio

1,03

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020
Revenue	1 076 000	1 166 000	803 000
Net Income	58 000	−29 000	46 000
Total Assets	408 000	721 000	793 000
Total Equity	100 000	42 000	71 000

Income (NOK)	2022	2021	2020
Revenue	1 076 000	1 166 000	803 000
Expenditure	993 000	1 188 000	725 000
Operating Profit	83 000	−21 000	78 000
Financial Income	0	0	0
Financial Costs	9 000	16 000	21 000
Financial Balance	−9 000	−16 000	−21 000
Earnings Before Tax	74 000	−37 000	57 000
Tax	16 000	−8 000	12 000
Net Income	58 000	−29 000	46 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	273 000	391 000	498 000
Total Current Assets	135 000	329 000	295 000
Total Assets	408 000	721 000	793 000
Total Retained Equity	70 000	12 000	41 000
Total Equity	100 000	42 000	71 000
Total Long-Term Debt	177 000	520 000	592 000
Total Current Debt	131 000	158 000	130 000
Total Equity and Debt	408 000	721 000	793 000

Cash flow (NOK)	2022	2021	2020
Sales Income	927 000	1 166 000	803 000
Other Income	149 000	0	0
Revenue	1 076 000	1 166 000	803 000
Cost of Goods Sold	55 000	70 000	97 000
Salary Costs	378 000	426 000	45 000
Depreciation	24 000	107 000	47 000
Impairment	0	0	0
Expenditure	993 000	1 188 000	725 000
Operating Profit	83 000	−21 000	78 000
Financial Income	0	0	0
Financial Costs	9 000	16 000	21 000
Financial Balance	−9 000	−16 000	−21 000
Dividends	0	0	0
Net Income	58 000	−29 000	46 000

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	273 000	391 000	498 000
Total Tangible Assets	273 000	391 000	498 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	273 000	391 000	498 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	55 000	139 000	237 000
Total Current Assets	135 000	329 000	295 000
Total Assets	408 000	721 000	793 000
Total Equity	100 000	42 000	71 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	177 000	520 000	592 000
Creditors	14 000	37 000	76 000
Unpaid Taxes	25 000	79 000	41 000
Dividends	0	0	0
Other Current Debt	92 000	42 000	13 000
Total Current Debt	131 000	158 000	130 000
Total Equity and Debt	408 000	721 000	793 000

Financial indicators	2022	2021	2020
Return on Equity	58 %	−69,05 %	64,79 %
Debt-to-Equity Ratio	1,77	12,38	8,34
Operating Profit Margin	7,71 %	−1,8 %	9,71 %
Current Ratio	1,03	2,08	2,27
Quick Ratio	1,03	2,08	2,27
Equity Ratio	0,25	0,06	0,09
Gross Profit Margin	94,89 %	94 %	87,92 %