FLEX1ONE AS

1543 VESTBY

Finances

Share Ownership

Return on Equity

55,07 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020
Revenue	22 158 000	14 938 000	3 386 000
Net Income	1 913 000	1 110 000	−549 000
Total Assets	14 327 000	6 603 000	5 390 000
Total Equity	3 474 000	1 561 000	451 000

Income (NOK)	2022	2021	2020
Revenue	22 158 000	14 938 000	3 386 000
Expenditure	19 590 000	13 748 000	1 911 000
Operating Profit	2 568 000	1 190 000	−603 000
Financial Income	0	67 000	54 000
Financial Costs	106 000	0	0
Financial Balance	−106 000	67 000	54 000
Earnings Before Tax	2 463 000	1 258 000	−549 000
Tax	550 000	148 000	0
Net Income	1 913 000	1 110 000	−549 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 895 000	608 000	782 000
Total Current Assets	11 432 000	5 995 000	4 608 000
Total Assets	14 327 000	6 603 000	5 390 000
Total Retained Equity	2 474 000	561 000	−549 000
Total Equity	3 474 000	1 561 000	451 000
Total Long-Term Debt	2 553 000	2 500 000	2 500 000
Total Current Debt	8 300 000	2 542 000	2 439 000
Total Equity and Debt	14 327 000	6 603 000	5 390 000

Cash flow (NOK)	2022	2021	2020
Sales Income	22 158 000	14 938 000	3 386 000
Other Income	0	0	0
Revenue	22 158 000	14 938 000	3 386 000
Cost of Goods Sold	12 660 000	8 810 000	0
Salary Costs	2 460 000	1 796 000	797 000
Depreciation	187 000	175 000	83 000
Impairment	28 000	0	0
Expenditure	19 590 000	13 748 000	1 911 000
Operating Profit	2 568 000	1 190 000	−603 000
Financial Income	0	67 000	54 000
Financial Costs	106 000	0	0
Financial Balance	−106 000	67 000	54 000
Dividends	0	0	0
Net Income	1 913 000	1 110 000	−549 000

Balance details (NOK)	2022	2021	2020
Goodwill	160 000	223 000	287 000
Total Intangible Assets	160 000	223 000	287 000
Real Eastate	0	39 000	50 000
Machinery and Plant Facilities	310 000	131 000	168 000
Fixtures	1 686 000	215 000	278 000
Total Tangible Assets	1 996 000	384 000	495 000
Total Fiancial Fixed Assets	740 000	0	0
Total Fixed Assets	2 895 000	608 000	782 000
Stock	3 557 000	2 584 000	2 297 000
Total Investments	0	0	0
Cash, Bank	3 085 000	1 920 000	1 358 000
Total Current Assets	11 432 000	5 995 000	4 608 000
Total Assets	14 327 000	6 603 000	5 390 000
Total Equity	3 474 000	1 561 000	451 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 553 000	2 500 000	2 500 000
Creditors	5 862 000	1 731 000	1 914 000
Unpaid Taxes	1 278 000	439 000	397 000
Dividends	0	0	0
Other Current Debt	516 000	224 000	128 000
Total Current Debt	8 300 000	2 542 000	2 439 000
Total Equity and Debt	14 327 000	6 603 000	5 390 000

Financial indicators	2022	2021	2020
Return on Equity	55,07 %	71,11 %	−121,73 %
Debt-to-Equity Ratio	0,73	1,6	5,54
Operating Profit Margin	11,59 %	7,97 %	−17,81 %
Current Ratio	1,38	2,36	1,89
Quick Ratio	2,41	−142,74	32,45
Equity Ratio	0,24	0,24	0,08
Gross Profit Margin	42,86 %	41,02 %	100 %