FLODAL HOLDING AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

−25,35 %

Current Ratio

1,55

Debt-to-Equity Ratio

−1,47

Key figures (NOK)	2022	2021	2020
Revenue	2 219 000	0	0
Net Income	1 355 000	25 000	−260 000
Total Assets	2 729 000	8 094 000	8 257 000
Total Equity	−5 345 000	−205 000	−230 000

Income (NOK)	2022	2021	2020
Revenue	2 219 000	0	0
Expenditure	438 000	14 000	6 000
Operating Profit	1 781 000	−14 000	−6 000
Financial Income	10 000	322 000	0
Financial Costs	403 000	283 000	254 000
Financial Balance	−393 000	39 000	−254 000
Earnings Before Tax	1 388 000	25 000	−260 000
Tax	33 000	0	0
Net Income	1 355 000	25 000	−260 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 401 000	7 360 000	7 360 000
Total Current Assets	328 000	734 000	897 000
Total Assets	2 729 000	8 094 000	8 257 000
Total Retained Equity	−5 375 000	−235 000	−260 000
Total Equity	−5 345 000	−205 000	−230 000
Total Long-Term Debt	7 863 000	8 221 000	8 415 000
Total Current Debt	212 000	78 000	72 000
Total Equity and Debt	2 729 000	8 094 000	8 257 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 055 000	0	0
Other Income	1 164 000	0	0
Revenue	2 219 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	207 000	0	0
Impairment	0	0	0
Expenditure	438 000	14 000	6 000
Operating Profit	1 781 000	−14 000	−6 000
Financial Income	10 000	322 000	0
Financial Costs	403 000	283 000	254 000
Financial Balance	−393 000	39 000	−254 000
Dividends	0	0	0
Net Income	1 355 000	25 000	−260 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 401 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	2 401 000	0	0
Total Fiancial Fixed Assets	0	7 360 000	7 360 000
Total Fixed Assets	2 401 000	7 360 000	7 360 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	137 000	5 000	97 000
Total Current Assets	328 000	734 000	897 000
Total Assets	2 729 000	8 094 000	8 257 000
Total Equity	−5 345 000	−205 000	−230 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	7 863 000	8 221 000	8 415 000
Creditors	84 000	51 000	50 000
Unpaid Taxes	35 000	0	0
Dividends	0	0	0
Other Current Debt	60 000	26 000	22 000
Total Current Debt	212 000	78 000	72 000
Total Equity and Debt	2 729 000	8 094 000	8 257 000

Financial indicators	2022	2021	2020
Return on Equity	−25,35 %	−12,2 %	113,04 %
Debt-to-Equity Ratio	−1,47	−40,1	−36,59
Operating Profit Margin	80,26 %	-	-
Current Ratio	1,55	9,41	12,46
Quick Ratio	1,55	9,41	12,46
Equity Ratio	−1,96	−0,03	−0,03
Gross Profit Margin	100 %	-	-