FLEX SPORT CLUB AS

2827 HUNNDALEN

Finances

Share Ownership

Return on Equity

62,59 %

Current Ratio

0,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	965 000	428 000	0
Net Income	517 000	272 000	−25 000
Total Assets	1 085 000	641 000	60 000
Total Equity	826 000	325 000	53 000

Income (NOK)	2022	2021	2020
Revenue	965 000	428 000	0
Expenditure	302 000	86 000	25 000
Operating Profit	663 000	342 000	−25 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	663 000	342 000	−25 000
Tax	146 000	70 000	0
Net Income	517 000	272 000	−25 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 050 000	85 000	60 000
Total Current Assets	35 000	556 000	0
Total Assets	1 085 000	641 000	60 000
Total Retained Equity	517 000	247 000	−25 000
Total Equity	826 000	325 000	53 000
Total Long-Term Debt	0	198 000	0
Total Current Debt	260 000	118 000	7 000
Total Equity and Debt	1 085 000	641 000	60 000

Cash flow (NOK)	2022	2021	2020
Sales Income	965 000	428 000	0
Other Income	0	0	0
Revenue	965 000	428 000	0
Cost of Goods Sold	0	0	0
Salary Costs	86 000	14 000	0
Depreciation	19 000	21 000	15 000
Impairment	0	0	0
Expenditure	302 000	86 000	25 000
Operating Profit	663 000	342 000	−25 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	517 000	272 000	−25 000

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	77 000	85 000	60 000
Total Tangible Assets	77 000	85 000	60 000
Total Fiancial Fixed Assets	973 000	0	0
Total Fixed Assets	1 050 000	85 000	60 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	35 000	2 000	0
Total Current Assets	35 000	556 000	0
Total Assets	1 085 000	641 000	60 000
Total Equity	826 000	325 000	53 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	198 000	0
Creditors	37 000	10 000	1 000
Unpaid Taxes	19 000	0	0
Dividends	0	0	0
Other Current Debt	58 000	38 000	6 000
Total Current Debt	260 000	118 000	7 000
Total Equity and Debt	1 085 000	641 000	60 000

Financial indicators	2022	2021	2020
Return on Equity	62,59 %	83,69 %	−47,17 %
Debt-to-Equity Ratio	0	0,61	0
Operating Profit Margin	68,7 %	79,91 %	-
Current Ratio	0,13	4,71	0
Quick Ratio	0,13	4,71	0
Equity Ratio	0,76	0,51	0,88
Gross Profit Margin	100 %	100 %	-