FLOW CONTROL NORWAY AS

5353 STRAUME

Finances

Share Ownership

Return on Equity

46,72 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	114 371 000	115 011 000	114 404 000	113 718 000
Net Income	14 701 000	12 356 000	14 868 000	14 762 000
Total Assets	67 939 000	58 604 000	59 248 000	55 190 000
Total Equity	31 465 000	28 764 000	28 408 000	25 540 000

Income (NOK)	2022	2021	2020	2019
Revenue	114 371 000	115 011 000	114 404 000	113 718 000
Expenditure	95 721 000	98 800 000	94 789 000	95 150 000
Operating Profit	18 651 000	16 212 000	19 616 000	18 568 000
Financial Income	257 000	2 000	62 000	373 000
Financial Costs	54 000	374 000	608 000	12 000
Financial Balance	203 000	−372 000	−546 000	361 000
Earnings Before Tax	18 854 000	15 840 000	19 070 000	18 930 000
Tax	4 153 000	3 485 000	4 202 000	4 167 000
Net Income	14 701 000	12 356 000	14 868 000	14 762 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	368 000	460 000	185 000	318 000
Total Current Assets	67 572 000	58 145 000	59 064 000	54 872 000
Total Assets	67 939 000	58 604 000	59 248 000	55 190 000
Total Retained Equity	31 265 000	28 564 000	28 208 000	25 340 000
Total Equity	31 465 000	28 764 000	28 408 000	25 540 000
Total Long-Term Debt	5 000	5 000	0	0
Total Current Debt	36 469 000	29 835 000	30 840 000	29 650 000
Total Equity and Debt	67 939 000	58 604 000	59 248 000	55 190 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	114 116 000	113 574 000	114 269 000	112 667 000
Other Income	254 000	1 436 000	136 000	1 051 000
Revenue	114 371 000	115 011 000	114 404 000	113 718 000
Cost of Goods Sold	82 171 000	84 928 000	82 495 000	82 594 000
Salary Costs	11 221 000	11 802 000	10 078 000	9 791 000
Depreciation	92 000	85 000	57 000	47 000
Impairment	0	0	0	0
Expenditure	95 721 000	98 800 000	94 789 000	95 150 000
Operating Profit	18 651 000	16 212 000	19 616 000	18 568 000
Financial Income	257 000	2 000	62 000	373 000
Financial Costs	54 000	374 000	608 000	12 000
Financial Balance	203 000	−372 000	−546 000	361 000
Dividends	12 000 000	12 000 000	12 000 000	12 000 000
Net Income	14 701 000	12 356 000	14 868 000	14 762 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	128 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	368 000	460 000	185 000	190 000
Total Tangible Assets	368 000	460 000	185 000	190 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	368 000	460 000	185 000	318 000
Stock	18 164 000	18 908 000	19 547 000	16 141 000
Total Investments	0	0	0	0
Cash, Bank	26 342 000	21 786 000	23 667 000	19 559 000
Total Current Assets	67 572 000	58 145 000	59 064 000	54 872 000
Total Assets	67 939 000	58 604 000	59 248 000	55 190 000
Total Equity	31 465 000	28 764 000	28 408 000	25 540 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	5 000	0	0
Creditors	13 622 000	8 608 000	7 625 000	7 233 000
Unpaid Taxes	3 963 000	3 281 000	4 566 000	3 936 000
Dividends	12 000 000	12 000 000	12 000 000	12 000 000
Other Current Debt	2 731 000	2 467 000	2 575 000	2 112 000
Total Current Debt	36 469 000	29 835 000	30 840 000	29 650 000
Total Equity and Debt	67 939 000	58 604 000	59 248 000	55 190 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,72 %	42,96 %	52,34 %	57,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,31 %	14,1 %	17,15 %	16,33 %
Current Ratio	1,85	1,95	1,92	1,85
Quick Ratio	3,69	5,32	5,23	4,06
Equity Ratio	0,46	0,49	0,48	0,46
Gross Profit Margin	28,15 %	26,16 %	27,89 %	27,37 %