FLØ FERIESENTER AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

15,41 %

Current Ratio

3,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 577 000	1 885 000	1 733 000	1 678 000
Net Income	218 000	458 000	430 000	417 000
Total Assets	1 934 000	2 173 000	2 092 000	2 012 000
Total Equity	1 415 000	1 397 000	1 339 000	1 509 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 577 000	1 885 000	1 733 000	1 678 000
Expenditure	1 291 000	1 324 000	1 215 000	1 193 000
Operating Profit	287 000	562 000	518 000	486 000
Financial Income	0	22 000	26 000	38 000
Financial Costs	15 000	0	0	1 000
Financial Balance	−15 000	22 000	26 000	37 000
Earnings Before Tax	272 000	583 000	545 000	523 000
Tax	54 000	125 000	115 000	105 000
Net Income	218 000	458 000	430 000	417 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	56 000	78 000	82 000
Total Current Assets	1 897 000	2 117 000	2 014 000	1 930 000
Total Assets	1 934 000	2 173 000	2 092 000	2 012 000
Total Retained Equity	994 000	976 000	918 000	1 088 000
Total Equity	1 415 000	1 397 000	1 339 000	1 509 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	519 000	776 000	753 000	503 000
Total Equity and Debt	1 934 000	2 173 000	2 092 000	2 012 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 000	113 000	88 000	81 000
Other Income	1 513 000	1 772 000	1 645 000	1 597 000
Revenue	1 577 000	1 885 000	1 733 000	1 678 000
Cost of Goods Sold	28 000	48 000	37 000	21 000
Salary Costs	632 000	600 000	510 000	547 000
Depreciation	19 000	53 000	41 000	21 000
Impairment	0	0	0	0
Expenditure	1 291 000	1 324 000	1 215 000	1 193 000
Operating Profit	287 000	562 000	518 000	486 000
Financial Income	0	22 000	26 000	38 000
Financial Costs	15 000	0	0	1 000
Financial Balance	−15 000	22 000	26 000	37 000
Dividends	200 000	400 000	400 000	200 000
Net Income	218 000	458 000	430 000	417 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 000	4 000	9 000	14 000
Machinery and Plant Facilities	0	0	53 000	42 000
Fixtures	33 000	52 000	16 000	26 000
Total Tangible Assets	38 000	56 000	78 000	82 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 000	56 000	78 000	82 000
Stock	6 000	6 000	6 000	6 000
Total Investments	1 120 000	1 135 000	1 113 000	1 087 000
Cash, Bank	700 000	839 000	819 000	826 000
Total Current Assets	1 897 000	2 117 000	2 014 000	1 930 000
Total Assets	1 934 000	2 173 000	2 092 000	2 012 000
Total Equity	1 415 000	1 397 000	1 339 000	1 509 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	136 000	76 000	70 000	22 000
Unpaid Taxes	33 000	32 000	84 000	46 000
Dividends	200 000	400 000	400 000	200 000
Other Current Debt	95 000	143 000	83 000	130 000
Total Current Debt	519 000	776 000	753 000	503 000
Total Equity and Debt	1 934 000	2 173 000	2 092 000	2 012 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,41 %	32,78 %	32,11 %	27,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,2 %	29,81 %	29,89 %	28,96 %
Current Ratio	3,66	2,73	2,67	3,84
Quick Ratio	3,7	2,75	2,7	3,88
Equity Ratio	0,73	0,64	0,64	0,75
Gross Profit Margin	98,22 %	97,45 %	97,86 %	98,75 %