FLAKK MANAGEMENT AS

6002 ÅLESUND

Finances

Return on Equity

−87,44 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 872 000	19 845 000	15 681 000	12 770 000
Net Income	−19 853 000	−9 540 000	−10 931 000	−32 160 000
Total Assets	45 638 000	538 015 000	261 852 000	265 792 000
Total Equity	22 706 000	34 721 000	12 439 000	20 690 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 872 000	19 845 000	15 681 000	12 770 000
Expenditure	37 594 000	26 304 000	21 458 000	16 153 000
Operating Profit	−14 722 000	−6 459 000	−5 777 000	−3 384 000
Financial Income	241 000	731 000	103 000	2 347 000
Financial Costs	10 950 000	6 495 000	8 320 000	33 739 000
Financial Balance	−10 709 000	−5 764 000	−8 217 000	−31 392 000
Earnings Before Tax	−25 431 000	−12 222 000	−13 994 000	−34 776 000
Tax	−5 578 000	−2 683 000	−3 063 000	−2 616 000
Net Income	−19 853 000	−9 540 000	−10 931 000	−32 160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 251 000	262 053 000	253 793 000	259 489 000
Total Current Assets	20 386 000	275 963 000	8 058 000	6 303 000
Total Assets	45 638 000	538 015 000	261 852 000	265 792 000
Total Retained Equity	0	0	0	0
Total Equity	22 706 000	34 721 000	12 439 000	20 690 000
Total Long-Term Debt	11 894 000	255 274 000	245 714 000	242 247 000
Total Current Debt	11 038 000	248 020 000	3 699 000	2 856 000
Total Equity and Debt	45 638 000	538 015 000	261 852 000	265 792 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 872 000	19 744 000	15 681 000	12 770 000
Other Income	0	101 000	0	0
Revenue	22 872 000	19 845 000	15 681 000	12 770 000
Cost of Goods Sold	0	0	0	0
Salary Costs	31 396 000	21 010 000	17 894 000	12 895 000
Depreciation	283 000	186 000	148 000	87 000
Impairment	0	0	0	0
Expenditure	37 594 000	26 304 000	21 458 000	16 153 000
Operating Profit	−14 722 000	−6 459 000	−5 777 000	−3 384 000
Financial Income	241 000	731 000	103 000	2 347 000
Financial Costs	10 950 000	6 495 000	8 320 000	33 739 000
Financial Balance	−10 709 000	−5 764 000	−8 217 000	−31 392 000
Dividends	0	239 534 000	0	0
Net Income	−19 853 000	−9 540 000	−10 931 000	−32 160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 588 000	19 220 000	16 920 000	14 613 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 038 000	917 000	877 000	655 000
Total Tangible Assets	1 038 000	917 000	877 000	655 000
Total Fiancial Fixed Assets	1 625 000	241 916 000	235 996 000	244 221 000
Total Fixed Assets	25 251 000	262 053 000	253 793 000	259 489 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 420 000	1 004 000	891 000	594 000
Total Current Assets	20 386 000	275 963 000	8 058 000	6 303 000
Total Assets	45 638 000	538 015 000	261 852 000	265 792 000
Total Equity	22 706 000	34 721 000	12 439 000	20 690 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 894 000	255 274 000	245 714 000	242 247 000
Creditors	1 114 000	972 000	430 000	546 000
Unpaid Taxes	2 107 000	1 555 000	1 380 000	982 000
Dividends	0	239 534 000	0	0
Other Current Debt	7 818 000	5 960 000	1 889 000	1 328 000
Total Current Debt	11 038 000	248 020 000	3 699 000	2 856 000
Total Equity and Debt	45 638 000	538 015 000	261 852 000	265 792 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−87,44 %	−27,48 %	−87,88 %	−155,44 %
Debt-to-Equity Ratio	0,52	7,35	19,75	11,71
Operating Profit Margin	−64,37 %	−32,55 %	−36,84 %	−26,5 %
Current Ratio	1,85	1,11	2,18	2,21
Quick Ratio	1,85	1,11	2,18	2,21
Equity Ratio	0,5	0,06	0,05	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %