FLATIRONS NORGE AS

3611 KONGSBERG

Finances

Share Ownership

Return on Equity

60,36 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 081 000	21 470 000	18 304 000	19 557 000
Net Income	4 733 000	4 078 000	5 296 000	2 574 000
Total Assets	18 166 000	44 770 000	40 364 000	36 108 000
Total Equity	7 841 000	38 108 000	34 030 000	28 734 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 081 000	21 470 000	18 304 000	19 557 000
Expenditure	15 903 000	17 562 000	14 587 000	17 224 000
Operating Profit	4 178 000	3 908 000	3 719 000	2 334 000
Financial Income	1 908 000	878 000	1 618 000	796 000
Financial Costs	26 000	362 000	41 000	556 000
Financial Balance	1 882 000	516 000	1 577 000	240 000
Earnings Before Tax	6 061 000	4 425 000	5 296 000	2 574 000
Tax	1 327 000	346 000	0	0
Net Income	4 733 000	4 078 000	5 296 000	2 574 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	63 000	106 000	161 000
Total Current Assets	18 078 000	44 706 000	40 258 000	35 947 000
Total Assets	18 166 000	44 770 000	40 364 000	36 108 000
Total Retained Equity	6 891 000	37 158 000	33 080 000	27 784 000
Total Equity	7 841 000	38 108 000	34 030 000	28 734 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 325 000	6 662 000	6 334 000	7 374 000
Total Equity and Debt	18 166 000	44 770 000	40 364 000	36 108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 081 000	21 470 000	18 304 000	19 557 000
Other Income	0	0	0	0
Revenue	20 081 000	21 470 000	18 304 000	19 557 000
Cost of Goods Sold	7 708 000	9 099 000	7 307 000	5 398 000
Salary Costs	7 213 000	7 500 000	7 236 000	8 310 000
Depreciation	47 000	82 000	127 000	119 000
Impairment	0	0	0	0
Expenditure	15 903 000	17 562 000	14 587 000	17 224 000
Operating Profit	4 178 000	3 908 000	3 719 000	2 334 000
Financial Income	1 908 000	878 000	1 618 000	796 000
Financial Costs	26 000	362 000	41 000	556 000
Financial Balance	1 882 000	516 000	1 577 000	240 000
Dividends	35 000 000	0	0	0
Net Income	4 733 000	4 078 000	5 296 000	2 574 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	88 000	63 000	106 000	161 000
Total Tangible Assets	88 000	63 000	106 000	161 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	88 000	63 000	106 000	161 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 639 000	965 000	601 000	649 000
Total Current Assets	18 078 000	44 706 000	40 258 000	35 947 000
Total Assets	18 166 000	44 770 000	40 364 000	36 108 000
Total Equity	7 841 000	38 108 000	34 030 000	28 734 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	66 000	73 000	41 000	18 000
Unpaid Taxes	1 809 000	514 000	1 391 000	1 239 000
Dividends	35 000 000	0	0	0
Other Current Debt	7 122 000	5 729 000	4 902 000	6 117 000
Total Current Debt	10 325 000	6 662 000	6 334 000	7 374 000
Total Equity and Debt	18 166 000	44 770 000	40 364 000	36 108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,36 %	10,7 %	15,56 %	8,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,81 %	18,2 %	20,32 %	11,93 %
Current Ratio	1,75	6,71	6,36	4,87
Quick Ratio	1,75	6,71	6,36	4,87
Equity Ratio	0,43	0,85	0,84	0,8
Gross Profit Margin	61,62 %	57,62 %	60,08 %	72,4 %