FLATNES AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

−28,69 %

Current Ratio

0,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	152 000	1 344 000	2 209 000
Net Income	−101 000	−129 000	−28 000
Total Assets	3 521 000	526 000	553 000
Total Equity	352 000	337 000	441 000

Income (NOK)	2022	2021	2020
Revenue	152 000	1 344 000	2 209 000
Expenditure	282 000	1 509 000	2 248 000
Operating Profit	−130 000	−166 000	−39 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−130 000	−166 000	−39 000
Tax	−29 000	−37 000	−11 000
Net Income	−101 000	−129 000	−28 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 061 000	121 000	391 000
Total Current Assets	460 000	405 000	162 000
Total Assets	3 521 000	526 000	553 000
Total Retained Equity	−13 000	−28 000	−28 000
Total Equity	352 000	337 000	441 000
Total Long-Term Debt	0	100 000	0
Total Current Debt	3 169 000	89 000	112 000
Total Equity and Debt	3 521 000	526 000	553 000

Cash flow (NOK)	2022	2021	2020
Sales Income	152 000	1 232 000	2 209 000
Other Income	0	111 000	0
Revenue	152 000	1 344 000	2 209 000
Cost of Goods Sold	173 000	521 000	1 481 000
Salary Costs	1 000	676 000	451 000
Depreciation	43 000	114 000	96 000
Impairment	0	0	0
Expenditure	282 000	1 509 000	2 248 000
Operating Profit	−130 000	−166 000	−39 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−101 000	−129 000	−28 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	37 000	41 000	11 000
Real Eastate	2 983 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	41 000	81 000	379 000
Total Tangible Assets	3 024 000	81 000	379 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 061 000	121 000	391 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	312 000	366 000	162 000
Total Current Assets	460 000	405 000	162 000
Total Assets	3 521 000	526 000	553 000
Total Equity	352 000	337 000	441 000
Short-Term Group Debt	2 710 000	0	0
Total Long-Term Debt	0	100 000	0
Creditors	7 000	4 000	8 000
Unpaid Taxes	5 000	14 000	63 000
Dividends	0	0	0
Other Current Debt	448 000	71 000	41 000
Total Current Debt	3 169 000	89 000	112 000
Total Equity and Debt	3 521 000	526 000	553 000

Financial indicators	2022	2021	2020
Return on Equity	−28,69 %	−38,28 %	−6,35 %
Debt-to-Equity Ratio	0	0,3	0
Operating Profit Margin	−85,53 %	−12,35 %	−1,77 %
Current Ratio	0,15	4,55	1,45
Quick Ratio	0,15	4,55	1,45
Equity Ratio	0,1	0,64	0,8
Gross Profit Margin	−13,82 %	61,24 %	32,96 %