FLÜGGER NORWAY AS

0175 OSLO

Finances

Share Ownership

Return on Equity

28,76 %

Current Ratio

0,87

Debt-to-Equity Ratio

2,68

Key figures (NOK)	2023	2022	2021	2020
Revenue	344 842 000	327 051 000	339 950 000	319 257 000
Net Income	10 871 000	11 749 000	17 858 000	5 965 000
Total Assets	241 938 000	221 912 000	213 840 000	224 855 000
Total Equity	37 805 000	38 434 000	44 185 000	32 327 000

Income (NOK)	2023	2022	2021	2020
Revenue	344 842 000	327 051 000	339 950 000	319 257 000
Expenditure	330 541 000	314 861 000	328 317 000	313 265 000
Operating Profit	14 301 000	12 191 000	11 633 000	5 991 000
Financial Income	389 000	309 000	297 000	306 000
Financial Costs	3 200 000	2 512 000	2 309 000	3 293 000
Financial Balance	−2 811 000	−2 203 000	−2 012 000	−2 987 000
Earnings Before Tax	11 491 000	9 989 000	9 621 000	3 004 000
Tax	620 000	−1 760 000	−8 237 000	−2 961 000
Net Income	10 871 000	11 749 000	17 858 000	5 965 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	152 840 000	147 758 000	141 413 000	146 966 000
Total Current Assets	89 098 000	74 153 000	72 427 000	77 889 000
Total Assets	241 938 000	221 912 000	213 840 000	224 855 000
Total Retained Equity	0	0	0	−98 100 000
Total Equity	37 805 000	38 434 000	44 185 000	32 327 000
Total Long-Term Debt	101 369 000	99 059 000	96 081 000	108 141 000
Total Current Debt	102 764 000	84 419 000	73 574 000	84 386 000
Total Equity and Debt	241 938 000	221 912 000	213 840 000	224 855 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	344 842 000	327 051 000	339 950 000	319 183 000
Other Income	0	0	0	74 000
Revenue	344 842 000	327 051 000	339 950 000	319 257 000
Cost of Goods Sold	185 389 000	167 490 000	175 543 000	146 063 000
Salary Costs	74 328 000	73 986 000	75 156 000	75 864 000
Depreciation	20 177 000	20 554 000	21 194 000	24 085 000
Impairment	0	0	0	0
Expenditure	330 541 000	314 861 000	328 317 000	313 265 000
Operating Profit	14 301 000	12 191 000	11 633 000	5 991 000
Financial Income	389 000	309 000	297 000	306 000
Financial Costs	3 200 000	2 512 000	2 309 000	3 293 000
Financial Balance	−2 811 000	−2 203 000	−2 012 000	−2 987 000
Dividends	10 800 000	11 500 000	17 500 000	6 000 000
Net Income	10 871 000	11 749 000	17 858 000	5 965 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	13 735 000	14 146 000	14 603 000	13 306 000
Total Intangible Assets	26 073 000	27 104 000	25 801 000	16 426 000
Real Eastate	0	0	0	125 711 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	126 767 000	120 654 000	115 448 000	4 656 000
Total Tangible Assets	126 767 000	120 654 000	115 448 000	130 367 000
Total Fiancial Fixed Assets	0	0	164 000	173 000
Total Fixed Assets	152 840 000	147 758 000	141 413 000	146 966 000
Stock	31 383 000	26 979 000	24 038 000	27 329 000
Total Investments	0	0	0	0
Cash, Bank	2 443 000	3 786 000	1 066 000	858 000
Total Current Assets	89 098 000	74 153 000	72 427 000	77 889 000
Total Assets	241 938 000	221 912 000	213 840 000	224 855 000
Total Equity	37 805 000	38 434 000	44 185 000	32 327 000
Short-Term Group Debt	41 080 000	28 420 000	15 018 000	16 606 000
Total Long-Term Debt	101 369 000	99 059 000	96 081 000	108 141 000
Creditors	8 872 000	6 337 000	7 782 000	7 302 000
Unpaid Taxes	16 700 000	15 940 000	16 230 000	24 925 000
Dividends	10 800 000	11 500 000	17 500 000	6 000 000
Other Current Debt	36 112 000	33 721 000	34 543 000	35 553 000
Total Current Debt	102 764 000	84 419 000	73 574 000	84 386 000
Total Equity and Debt	241 938 000	221 912 000	213 840 000	224 855 000

Financial indicators	2023	2022	2021	2020
Return on Equity	28,76 %	30,57 %	40,42 %	18,45 %
Debt-to-Equity Ratio	2,68	2,58	2,17	3,35
Operating Profit Margin	4,15 %	3,73 %	3,42 %	1,88 %
Current Ratio	0,87	0,88	0,98	0,92
Quick Ratio	1,25	1,29	1,46	1,37
Equity Ratio	0,16	0,17	0,21	0,14
Gross Profit Margin	46,24 %	48,79 %	48,36 %	54,25 %