FLOTTORP HOLDING AS

4611 KRISTIANSAND S

Finances

Return on Equity

47,31 %

Current Ratio

2,2

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020
Revenue	446 000	186 000	52 000
Net Income	757 000	782 000	31 000
Total Assets	3 239 000	3 153 000	2 695 000
Total Equity	1 600 000	843 000	61 000

Income (NOK)	2022	2021	2020
Revenue	446 000	186 000	52 000
Expenditure	279 000	11 000	17 000
Operating Profit	166 000	175 000	35 000
Financial Income	713 000	715 000	5 000
Financial Costs	89 000	77 000	2 000
Financial Balance	624 000	638 000	3 000
Earnings Before Tax	791 000	813 000	38 000
Tax	33 000	31 000	8 000
Net Income	757 000	782 000	31 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 493 000	2 400 000	0
Total Current Assets	747 000	753 000	2 695 000
Total Assets	3 239 000	3 153 000	2 695 000
Total Retained Equity	1 570 000	813 000	31 000
Total Equity	1 600 000	843 000	61 000
Total Long-Term Debt	1 300 000	2 097 000	2 400 000
Total Current Debt	339 000	213 000	235 000
Total Equity and Debt	3 239 000	3 153 000	2 695 000

Cash flow (NOK)	2022	2021	2020
Sales Income	446 000	186 000	52 000
Other Income	0	0	0
Revenue	446 000	186 000	52 000
Cost of Goods Sold	0	0	0
Salary Costs	240 000	0	0
Depreciation	7 000	0	0
Impairment	0	0	0
Expenditure	279 000	11 000	17 000
Operating Profit	166 000	175 000	35 000
Financial Income	713 000	715 000	5 000
Financial Costs	89 000	77 000	2 000
Financial Balance	624 000	638 000	3 000
Dividends	0	0	0
Net Income	757 000	782 000	31 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	93 000	0	0
Total Tangible Assets	93 000	0	0
Total Fiancial Fixed Assets	2 400 000	2 400 000	0
Total Fixed Assets	2 493 000	2 400 000	0
Stock	0	0	0
Total Investments	362 000	449 000	148 000
Cash, Bank	187 000	65 000	148 000
Total Current Assets	747 000	753 000	2 695 000
Total Assets	3 239 000	3 153 000	2 695 000
Total Equity	1 600 000	843 000	61 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 300 000	2 097 000	2 400 000
Creditors	0	0	0
Unpaid Taxes	76 000	27 000	5 000
Dividends	0	0	0
Other Current Debt	232 000	157 000	222 000
Total Current Debt	339 000	213 000	235 000
Total Equity and Debt	3 239 000	3 153 000	2 695 000

Financial indicators	2022	2021	2020
Return on Equity	47,31 %	92,76 %	50,82 %
Debt-to-Equity Ratio	0,81	2,49	39,34
Operating Profit Margin	37,22 %	94,09 %	67,31 %
Current Ratio	2,2	3,54	11,47
Quick Ratio	2,2	3,54	11,47
Equity Ratio	0,49	0,27	0,02
Gross Profit Margin	100 %	100 %	100 %