FLIPPER AS

0374 OSLO

Finances

Return on Equity

13,04 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 584 000	2 343 000	2 329 000	1 612 000
Net Income	15 000	7 000	46 000	17 000
Total Assets	542 000	560 000	593 000	595 000
Total Equity	115 000	99 000	92 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 584 000	2 343 000	2 329 000	1 612 000
Expenditure	1 615 000	2 282 000	2 270 000	1 617 000
Operating Profit	−32 000	60 000	59 000	−4 000
Financial Income	115 000	30 000	1 000	21 000
Financial Costs	69 000	70 000	2 000	1 000
Financial Balance	46 000	−40 000	−1 000	20 000
Earnings Before Tax	14 000	20 000	58 000	17 000
Tax	−1 000	13 000	12 000	0
Net Income	15 000	7 000	46 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	0	209 000	209 000
Total Current Assets	540 000	560 000	384 000	386 000
Total Assets	542 000	560 000	593 000	595 000
Total Retained Equity	15 000	−1 000	−8 000	−54 000
Total Equity	115 000	99 000	92 000	46 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	427 000	461 000	500 000	549 000
Total Equity and Debt	542 000	560 000	593 000	595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 584 000	2 342 000	2 329 000	1 609 000
Other Income	0	1 000	0	4 000
Revenue	1 584 000	2 343 000	2 329 000	1 612 000
Cost of Goods Sold	1 278 000	1 743 000	1 960 000	1 270 000
Salary Costs	32 000	43 000	44 000	46 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 615 000	2 282 000	2 270 000	1 617 000
Operating Profit	−32 000	60 000	59 000	−4 000
Financial Income	115 000	30 000	1 000	21 000
Financial Costs	69 000	70 000	2 000	1 000
Financial Balance	46 000	−40 000	−1 000	20 000
Dividends	0	0	0	0
Net Income	15 000	7 000	46 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	209 000	209 000
Total Fixed Assets	1 000	0	209 000	209 000
Stock	223 000	313 000	253 000	247 000
Total Investments	285 000	190 000	81 000	74 000
Cash, Bank	18 000	57 000	50 000	52 000
Total Current Assets	540 000	560 000	384 000	386 000
Total Assets	542 000	560 000	593 000	595 000
Total Equity	115 000	99 000	92 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	83 000	90 000	94 000	82 000
Unpaid Taxes	17 000	21 000	5 000	2 000
Dividends	0	0	0	0
Other Current Debt	327 000	337 000	389 000	466 000
Total Current Debt	427 000	461 000	500 000	549 000
Total Equity and Debt	542 000	560 000	593 000	595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,04 %	7,07 %	50 %	36,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,02 %	2,56 %	2,53 %	−0,25 %
Current Ratio	1,26	1,21	0,77	0,7
Quick Ratio	2,65	3,78	1,55	1,28
Equity Ratio	0,21	0,18	0,16	0,08
Gross Profit Margin	19,32 %	25,61 %	15,84 %	21,22 %