FLÅM INVEST AS

1400 SKI

Finances

Return on Equity

23,3 %

Current Ratio

11,33

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 281 000	1 246 000	1 239 000	877 000
Net Income	10 352 000	1 462 000	−131 000	3 324 000
Total Assets	55 945 000	48 397 000	48 625 000	50 090 000
Total Equity	44 430 000	34 078 000	37 616 000	39 247 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 281 000	1 246 000	1 239 000	877 000
Expenditure	702 000	480 000	541 000	383 000
Operating Profit	579 000	766 000	698 000	494 000
Financial Income	12 485 000	1 159 000	561 000	3 206 000
Financial Costs	2 513 000	246 000	1 272 000	254 000
Financial Balance	9 972 000	913 000	−711 000	2 952 000
Earnings Before Tax	10 551 000	1 679 000	−13 000	3 446 000
Tax	199 000	217 000	118 000	122 000
Net Income	10 352 000	1 462 000	−131 000	3 324 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 751 000	31 194 000	29 837 000	29 860 000
Total Current Assets	28 193 000	17 203 000	18 788 000	20 230 000
Total Assets	55 945 000	48 397 000	48 625 000	50 090 000
Total Retained Equity	43 280 000	32 928 000	36 466 000	38 097 000
Total Equity	44 430 000	34 078 000	37 616 000	39 247 000
Total Long-Term Debt	9 026 000	9 034 000	9 040 000	9 097 000
Total Current Debt	2 489 000	5 286 000	1 968 000	1 745 000
Total Equity and Debt	55 945 000	48 397 000	48 625 000	50 090 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 281 000	1 246 000	1 239 000	877 000
Revenue	1 281 000	1 246 000	1 239 000	877 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	1 000	0	−6 000
Depreciation	163 000	157 000	145 000	81 000
Impairment	0	0	0	0
Expenditure	702 000	480 000	541 000	383 000
Operating Profit	579 000	766 000	698 000	494 000
Financial Income	12 485 000	1 159 000	561 000	3 206 000
Financial Costs	2 513 000	246 000	1 272 000	254 000
Financial Balance	9 972 000	913 000	−711 000	2 952 000
Dividends	0	0	0	0
Net Income	10 352 000	1 462 000	−131 000	3 324 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 483 000	13 350 000	13 397 000	13 460 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	195 000	290 000	336 000	331 000
Total Tangible Assets	17 678 000	13 640 000	13 733 000	13 791 000
Total Fiancial Fixed Assets	10 073 000	17 554 000	16 104 000	16 069 000
Total Fixed Assets	27 751 000	31 194 000	29 837 000	29 860 000
Stock	0	0	0	0
Total Investments	4 588 000	9 099 000	6 958 000	12 111 000
Cash, Bank	21 480 000	7 679 000	11 397 000	8 119 000
Total Current Assets	28 193 000	17 203 000	18 788 000	20 230 000
Total Assets	55 945 000	48 397 000	48 625 000	50 090 000
Total Equity	44 430 000	34 078 000	37 616 000	39 247 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 026 000	9 034 000	9 040 000	9 097 000
Creditors	25 000	13 000	8 000	9 000
Unpaid Taxes	0	1 000	0	55 000
Dividends	0	0	0	0
Other Current Debt	2 257 000	5 047 000	285 000	553 000
Total Current Debt	2 489 000	5 286 000	1 968 000	1 745 000
Total Equity and Debt	55 945 000	48 397 000	48 625 000	50 090 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,3 %	4,29 %	−0,35 %	8,47 %
Debt-to-Equity Ratio	0,2	0,27	0,24	0,23
Operating Profit Margin	45,2 %	61,48 %	56,34 %	56,33 %
Current Ratio	11,33	3,25	9,55	11,59
Quick Ratio	11,33	3,25	9,55	11,59
Equity Ratio	0,79	0,7	0,77	0,78
Gross Profit Margin	100 %	100 %	100 %	100 %