FLEXI - GRUPPEN AS

3320 VESTFOSSEN

Finances

Return on Equity

33,22 %

Current Ratio

15,43

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	566 000	586 000	456 000	464 000
Net Income	868 000	258 000	866 000	1 045 000
Total Assets	4 408 000	4 773 000	4 723 000	6 070 000
Total Equity	2 613 000	1 744 000	1 486 000	1 420 000

Income (NOK)	2022	2021	2020	2019
Revenue	566 000	586 000	456 000	464 000
Expenditure	279 000	1 400 000	286 000	310 000
Operating Profit	287 000	−815 000	169 000	154 000
Financial Income	735 000	1 047 000	800 000	1 000 000
Financial Costs	83 000	70 000	85 000	97 000
Financial Balance	652 000	977 000	715 000	903 000
Earnings Before Tax	939 000	162 000	885 000	1 057 000
Tax	70 000	−96 000	19 000	13 000
Net Income	868 000	258 000	866 000	1 045 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 343 000	2 998 000	3 625 000	3 711 000
Total Current Assets	1 065 000	1 774 000	1 098 000	2 359 000
Total Assets	4 408 000	4 773 000	4 723 000	6 070 000
Total Retained Equity	2 513 000	1 644 000	1 386 000	1 320 000
Total Equity	2 613 000	1 744 000	1 486 000	1 420 000
Total Long-Term Debt	1 726 000	1 852 000	2 143 000	3 341 000
Total Current Debt	69 000	1 176 000	1 094 000	1 310 000
Total Equity and Debt	4 408 000	4 773 000	4 723 000	6 070 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	566 000	586 000	456 000	464 000
Other Income	0	0	0	0
Revenue	566 000	586 000	456 000	464 000
Cost of Goods Sold	0	0	0	0
Salary Costs	105 000	1 231 000	61 000	40 000
Depreciation	86 000	86 000	86 000	87 000
Impairment	0	0	0	0
Expenditure	279 000	1 400 000	286 000	310 000
Operating Profit	287 000	−815 000	169 000	154 000
Financial Income	735 000	1 047 000	800 000	1 000 000
Financial Costs	83 000	70 000	85 000	97 000
Financial Balance	652 000	977 000	715 000	903 000
Dividends	0	0	800 000	1 000 000
Net Income	868 000	258 000	866 000	1 045 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 187 000	2 274 000	2 360 000	2 446 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 187 000	2 274 000	2 360 000	2 446 000
Total Fiancial Fixed Assets	1 156 000	725 000	1 265 000	1 265 000
Total Fixed Assets	3 343 000	2 998 000	3 625 000	3 711 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	221 000	652 000	274 000	1 245 000
Total Current Assets	1 065 000	1 774 000	1 098 000	2 359 000
Total Assets	4 408 000	4 773 000	4 723 000	6 070 000
Total Equity	2 613 000	1 744 000	1 486 000	1 420 000
Short-Term Group Debt	31 000	620 000	115 000	0
Total Long-Term Debt	1 726 000	1 852 000	2 143 000	3 341 000
Creditors	0	0	0	5 000
Unpaid Taxes	35 000	554 000	21 000	5 000
Dividends	0	0	800 000	1 000 000
Other Current Debt	3 000	2 000	125 000	300 000
Total Current Debt	69 000	1 176 000	1 094 000	1 310 000
Total Equity and Debt	4 408 000	4 773 000	4 723 000	6 070 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,22 %	14,79 %	58,28 %	73,59 %
Debt-to-Equity Ratio	0,66	1,06	1,44	2,35
Operating Profit Margin	50,71 %	−139,08 %	37,06 %	33,19 %
Current Ratio	15,43	1,51	1	1,8
Quick Ratio	15,43	1,51	1	1,8
Equity Ratio	0,59	0,37	0,31	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %