FLYTEKNISK NOTODDEN AS

3676 NOTODDEN

Finances

Share Ownership

Return on Equity

35,93 %

Current Ratio

1,92

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 626 000	28 992 000	26 097 000	23 809 000
Net Income	1 688 000	1 425 000	2 246 000	1 454 000
Total Assets	13 365 000	11 146 000	8 044 000	8 779 000
Total Equity	4 698 000	3 010 000	3 236 000	990 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 626 000	28 992 000	26 097 000	23 809 000
Expenditure	33 465 000	27 169 000	23 203 000	21 906 000
Operating Profit	2 162 000	1 823 000	2 894 000	1 904 000
Financial Income	16 000	11 000	2 000	8 000
Financial Costs	9 000	7 000	11 000	7 000
Financial Balance	7 000	4 000	−9 000	1 000
Earnings Before Tax	2 169 000	1 827 000	2 885 000	1 905 000
Tax	481 000	402 000	639 000	451 000
Net Income	1 688 000	1 425 000	2 246 000	1 454 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 619 000	1 674 000	993 000	1 348 000
Total Current Assets	11 746 000	9 472 000	7 051 000	7 431 000
Total Assets	13 365 000	11 146 000	8 044 000	8 779 000
Total Retained Equity	4 482 000	2 794 000	3 020 000	774 000
Total Equity	4 698 000	3 010 000	3 236 000	990 000
Total Long-Term Debt	2 552 000	0	0	0
Total Current Debt	6 115 000	8 136 000	4 809 000	7 789 000
Total Equity and Debt	13 365 000	11 146 000	8 044 000	8 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 583 000	28 992 000	26 097 000	23 809 000
Other Income	43 000	0	0	0
Revenue	35 626 000	28 992 000	26 097 000	23 809 000
Cost of Goods Sold	15 217 000	10 534 000	10 600 000	10 562 000
Salary Costs	13 351 000	11 825 000	9 090 000	8 511 000
Depreciation	484 000	480 000	431 000	402 000
Impairment	0	0	0	0
Expenditure	33 465 000	27 169 000	23 203 000	21 906 000
Operating Profit	2 162 000	1 823 000	2 894 000	1 904 000
Financial Income	16 000	11 000	2 000	8 000
Financial Costs	9 000	7 000	11 000	7 000
Financial Balance	7 000	4 000	−9 000	1 000
Dividends	0	0	0	5 000 000
Net Income	1 688 000	1 425 000	2 246 000	1 454 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	567 000	540 000	0	0
Real Eastate	493 000	303 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	559 000	831 000	993 000	1 348 000
Total Tangible Assets	1 052 000	1 134 000	993 000	1 348 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 619 000	1 674 000	993 000	1 348 000
Stock	3 094 000	3 692 000	2 152 000	2 251 000
Total Investments	0	0	0	0
Cash, Bank	2 246 000	1 631 000	2 294 000	3 127 000
Total Current Assets	11 746 000	9 472 000	7 051 000	7 431 000
Total Assets	13 365 000	11 146 000	8 044 000	8 779 000
Total Equity	4 698 000	3 010 000	3 236 000	990 000
Short-Term Group Debt	0	2 552 000	0	0
Total Long-Term Debt	2 552 000	0	0	0
Creditors	2 289 000	2 559 000	2 059 000	892 000
Unpaid Taxes	1 366 000	1 189 000	714 000	750 000
Dividends	0	0	0	5 000 000
Other Current Debt	1 963 000	1 831 000	1 396 000	2 696 000
Total Current Debt	6 115 000	8 136 000	4 809 000	7 789 000
Total Equity and Debt	13 365 000	11 146 000	8 044 000	8 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,93 %	47,34 %	69,41 %	146,87 %
Debt-to-Equity Ratio	0,54	0	0	0
Operating Profit Margin	6,07 %	6,29 %	11,09 %	8 %
Current Ratio	1,92	1,16	1,47	0,95
Quick Ratio	3,89	2,13	2,65	1,34
Equity Ratio	0,35	0,27	0,4	0,11
Gross Profit Margin	57,29 %	63,67 %	59,38 %	55,64 %