FLÅTEN TERMOTRANSPORT AS

6788 OLDEN

Finances

Share Ownership

Return on Equity

12,26 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 682 000	18 095 000	14 661 000	12 689 000
Net Income	338 000	487 000	268 000	265 000
Total Assets	7 636 000	7 312 000	4 820 000	3 678 000
Total Equity	2 756 000	2 418 000	1 930 000	1 663 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 682 000	18 095 000	14 661 000	12 689 000
Expenditure	21 205 000	17 438 000	14 292 000	12 336 000
Operating Profit	477 000	657 000	370 000	353 000
Financial Income	0	0	0	1 000
Financial Costs	42 000	31 000	26 000	14 000
Financial Balance	−42 000	−31 000	−26 000	−13 000
Earnings Before Tax	435 000	626 000	343 000	340 000
Tax	96 000	139 000	76 000	75 000
Net Income	338 000	487 000	268 000	265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 929 000	2 572 000	1 749 000	791 000
Total Current Assets	5 707 000	4 739 000	3 071 000	2 887 000
Total Assets	7 636 000	7 312 000	4 820 000	3 678 000
Total Retained Equity	2 331 000	1 993 000	1 505 000	1 238 000
Total Equity	2 756 000	2 418 000	1 930 000	1 663 000
Total Long-Term Debt	1 810 000	2 195 000	1 444 000	697 000
Total Current Debt	3 070 000	2 699 000	1 445 000	1 318 000
Total Equity and Debt	7 636 000	7 312 000	4 820 000	3 678 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 472 000	17 519 000	14 526 000	12 551 000
Other Income	210 000	576 000	135 000	138 000
Revenue	21 682 000	18 095 000	14 661 000	12 689 000
Cost of Goods Sold	61 000	2 000	48 000	23 000
Salary Costs	6 342 000	5 298 000	4 537 000	4 029 000
Depreciation	522 000	380 000	226 000	141 000
Impairment	0	0	0	0
Expenditure	21 205 000	17 438 000	14 292 000	12 336 000
Operating Profit	477 000	657 000	370 000	353 000
Financial Income	0	0	0	1 000
Financial Costs	42 000	31 000	26 000	14 000
Financial Balance	−42 000	−31 000	−26 000	−13 000
Dividends	0	0	0	0
Net Income	338 000	487 000	268 000	265 000

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	19 000
Fixtures	1 606 000	2 097 000	1 350 000	555 000
Total Tangible Assets	1 606 000	2 097 000	1 350 000	574 000
Total Fiancial Fixed Assets	324 000	475 000	399 000	218 000
Total Fixed Assets	1 929 000	2 572 000	1 749 000	791 000
Stock	134 000	136 000	105 000	157 000
Total Investments	0	0	0	0
Cash, Bank	2 790 000	2 785 000	1 274 000	1 446 000
Total Current Assets	5 707 000	4 739 000	3 071 000	2 887 000
Total Assets	7 636 000	7 312 000	4 820 000	3 678 000
Total Equity	2 756 000	2 418 000	1 930 000	1 663 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 810 000	2 195 000	1 444 000	697 000
Creditors	1 327 000	1 371 000	340 000	325 000
Unpaid Taxes	1 072 000	724 000	638 000	545 000
Dividends	0	0	0	0
Other Current Debt	528 000	508 000	383 000	339 000
Total Current Debt	3 070 000	2 699 000	1 445 000	1 318 000
Total Equity and Debt	7 636 000	7 312 000	4 820 000	3 678 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,26 %	20,14 %	13,89 %	15,94 %
Debt-to-Equity Ratio	0,66	0,91	0,75	0,42
Operating Profit Margin	2,2 %	3,63 %	2,52 %	2,78 %
Current Ratio	1,86	1,76	2,13	2,19
Quick Ratio	1,94	1,85	2,29	2,49
Equity Ratio	0,36	0,33	0,4	0,45
Gross Profit Margin	99,72 %	99,99 %	99,67 %	99,82 %