FLEX-HOLDING AS

3941 PORSGRUNN

Finances

Return on Equity

−7,47 %

Current Ratio

0,34

Debt-to-Equity Ratio

−1

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	47 000	−714 000	20 000	−1 000
Total Assets	32 000	34 000	871 000	689 000
Total Equity	−629 000	−676 000	38 000	19 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	12 000	12 000	14 000	1 000
Operating Profit	−12 000	−12 000	−14 000	−1 000
Financial Income	0	0	34 000	0
Financial Costs	−59 000	702 000	0	0
Financial Balance	59 000	−702 000	34 000	0
Earnings Before Tax	47 000	−714 000	20 000	−1 000
Tax	0	0	0	0
Net Income	47 000	−714 000	20 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	21 000	790 000	215 000
Total Current Assets	12 000	13 000	81 000	474 000
Total Assets	32 000	34 000	871 000	689 000
Total Retained Equity	−648 000	−695 000	19 000	−1 000
Total Equity	−629 000	−676 000	38 000	19 000
Total Long-Term Debt	626 000	626 000	637 000	652 000
Total Current Debt	35 000	83 000	196 000	19 000
Total Equity and Debt	32 000	34 000	871 000	689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	12 000	12 000	14 000	1 000
Operating Profit	−12 000	−12 000	−14 000	−1 000
Financial Income	0	0	34 000	0
Financial Costs	−59 000	702 000	0	0
Financial Balance	59 000	−702 000	34 000	0
Dividends	0	0	0	0
Net Income	47 000	−714 000	20 000	−1 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	21 000	21 000	790 000	215 000
Total Fixed Assets	21 000	21 000	790 000	215 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	13 000	81 000	474 000
Total Current Assets	12 000	13 000	81 000	474 000
Total Assets	32 000	34 000	871 000	689 000
Total Equity	−629 000	−676 000	38 000	19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	626 000	626 000	637 000	652 000
Creditors	0	0	0	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	35 000	83 000	196 000	13 000
Total Current Debt	35 000	83 000	196 000	19 000
Total Equity and Debt	32 000	34 000	871 000	689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,47 %	105,62 %	52,63 %	−5,26 %
Debt-to-Equity Ratio	−1	−0,93	16,76	34,32
Operating Profit Margin	-	-	-	-
Current Ratio	0,34	0,16	0,41	24,95
Quick Ratio	0,34	0,16	0,41	24,95
Equity Ratio	−19,66	−19,88	0,04	0,03
Gross Profit Margin	-	-	-	-