FLÅTENS SAFETY AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

54,6 %

Current Ratio

2,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 613 000	8 100 000	7 411 000	0
Net Income	2 040 000	1 705 000	1 745 000	−4 000
Total Assets	5 974 000	4 419 000	4 546 000	251 000
Total Equity	3 736 000	2 696 000	1 991 000	246 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 613 000	8 100 000	7 411 000	0
Expenditure	6 999 000	5 910 000	5 158 000	6 000
Operating Profit	2 614 000	2 190 000	2 254 000	−6 000
Financial Income	2 000	0	1 000	0
Financial Costs	1 000	4 000	17 000	0
Financial Balance	1 000	−4 000	−16 000	0
Earnings Before Tax	2 615 000	2 186 000	2 238 000	−6 000
Tax	575 000	481 000	493 000	−1 000
Net Income	2 040 000	1 705 000	1 745 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	186 000	297 000	359 000	1 000
Total Current Assets	5 788 000	4 122 000	4 187 000	250 000
Total Assets	5 974 000	4 419 000	4 546 000	251 000
Total Retained Equity	3 486 000	2 446 000	1 741 000	−4 000
Total Equity	3 736 000	2 696 000	1 991 000	246 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 238 000	1 723 000	2 555 000	6 000
Total Equity and Debt	5 974 000	4 419 000	4 546 000	251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 613 000	8 100 000	7 411 000	0
Other Income	0	0	0	0
Revenue	9 613 000	8 100 000	7 411 000	0
Cost of Goods Sold	3 231 000	2 947 000	2 419 000	0
Salary Costs	2 513 000	1 869 000	1 676 000	0
Depreciation	112 000	109 000	103 000	0
Impairment	0	0	0	0
Expenditure	6 999 000	5 910 000	5 158 000	6 000
Operating Profit	2 614 000	2 190 000	2 254 000	−6 000
Financial Income	2 000	0	1 000	0
Financial Costs	1 000	4 000	17 000	0
Financial Balance	1 000	−4 000	−16 000	0
Dividends	0	0	0	0
Net Income	2 040 000	1 705 000	1 745 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	60 000	90 000	120 000	0
Total Intangible Assets	108 000	137 000	147 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	78 000	160 000	212 000	0
Total Tangible Assets	78 000	160 000	212 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	186 000	297 000	359 000	1 000
Stock	385 000	344 000	262 000	0
Total Investments	0	0	0	0
Cash, Bank	3 824 000	2 568 000	3 376 000	250 000
Total Current Assets	5 788 000	4 122 000	4 187 000	250 000
Total Assets	5 974 000	4 419 000	4 546 000	251 000
Total Equity	3 736 000	2 696 000	1 991 000	246 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	451 000	226 000	345 000	6 000
Unpaid Taxes	412 000	364 000	355 000	0
Dividends	0	0	0	0
Other Current Debt	798 000	632 000	1 337 000	0
Total Current Debt	2 238 000	1 723 000	2 555 000	6 000
Total Equity and Debt	5 974 000	4 419 000	4 546 000	251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,6 %	63,24 %	87,64 %	−1,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,19 %	27,04 %	30,41 %	-
Current Ratio	2,59	2,39	1,64	41,67
Quick Ratio	3,12	2,99	1,83	41,67
Equity Ratio	0,63	0,61	0,44	0,98
Gross Profit Margin	66,39 %	63,62 %	67,36 %	-