FLOSTA INDUSTRIER AS

8850 HERØY

Finances

Return on Equity

−4,57 %

Current Ratio

9,6

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	232 000	174 000	665 000	117 000
Net Income	−54 000	−128 000	49 000	23 000
Total Assets	1 470 000	1 598 000	1 887 000	1 832 000
Total Equity	1 181 000	1 235 000	1 363 000	1 314 000

Income (NOK)	2022	2021	2020	2019
Revenue	232 000	174 000	665 000	117 000
Expenditure	314 000	345 000	618 000	469 000
Operating Profit	−82 000	−172 000	47 000	−351 000
Financial Income	14 000	9 000	18 000	305 000
Financial Costs	0	1 000	0	0
Financial Balance	14 000	8 000	18 000	305 000
Earnings Before Tax	−68 000	−164 000	65 000	−47 000
Tax	−14 000	−35 000	16 000	−70 000
Net Income	−54 000	−128 000	49 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	184 000	184 000	82 000	106 000
Total Current Assets	1 286 000	1 413 000	1 805 000	1 727 000
Total Assets	1 470 000	1 598 000	1 887 000	1 832 000
Total Retained Equity	1 081 000	1 135 000	1 263 000	1 214 000
Total Equity	1 181 000	1 235 000	1 363 000	1 314 000
Total Long-Term Debt	155 000	224 000	259 000	293 000
Total Current Debt	134 000	139 000	265 000	225 000
Total Equity and Debt	1 470 000	1 598 000	1 887 000	1 832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	182 000	174 000	665 000	117 000
Other Income	50 000	0	0	0
Revenue	232 000	174 000	665 000	117 000
Cost of Goods Sold	82 000	66 000	259 000	83 000
Salary Costs	0	42 000	74 000	175 000
Depreciation	25 000	47 000	36 000	35 000
Impairment	0	0	0	0
Expenditure	314 000	345 000	618 000	469 000
Operating Profit	−82 000	−172 000	47 000	−351 000
Financial Income	14 000	9 000	18 000	305 000
Financial Costs	0	1 000	0	0
Financial Balance	14 000	8 000	18 000	305 000
Dividends	0	0	0	110 000
Net Income	−54 000	−128 000	49 000	23 000

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	64 000	65 000	−38 000	−14 000
Total Tangible Assets	64 000	65 000	−38 000	−14 000
Total Fiancial Fixed Assets	120 000	120 000	120 000	120 000
Total Fixed Assets	184 000	184 000	82 000	106 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 147 000	1 359 000	1 596 000	1 581 000
Total Current Assets	1 286 000	1 413 000	1 805 000	1 727 000
Total Assets	1 470 000	1 598 000	1 887 000	1 832 000
Total Equity	1 181 000	1 235 000	1 363 000	1 314 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	155 000	224 000	259 000	293 000
Creditors	37 000	6 000	15 000	30 000
Unpaid Taxes	0	9 000	73 000	37 000
Dividends	0	0	0	110 000
Other Current Debt	93 000	123 000	127 000	48 000
Total Current Debt	134 000	139 000	265 000	225 000
Total Equity and Debt	1 470 000	1 598 000	1 887 000	1 832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,57 %	−10,36 %	3,6 %	1,75 %
Debt-to-Equity Ratio	0,13	0,18	0,19	0,22
Operating Profit Margin	−35,34 %	−98,85 %	7,07 %	−300 %
Current Ratio	9,6	10,17	6,81	7,68
Quick Ratio	9,6	10,17	6,81	7,68
Equity Ratio	0,8	0,77	0,72	0,72
Gross Profit Margin	64,66 %	62,07 %	61,05 %	29,06 %