FLEXIFORM AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

−12 442,86 %

Current Ratio

0,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 067 000	14 934 000	17 086 000	13 420 000
Net Income	−1 742 000	−1 128 000	−1 667 000	515 000
Total Assets	10 492 000	8 814 000	6 585 000	6 230 000
Total Equity	14 000	1 756 000	−615 000	175 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 067 000	14 934 000	17 086 000	13 420 000
Expenditure	21 883 000	17 359 000	18 433 000	13 574 000
Operating Profit	−1 341 000	−918 000	−1 414 000	363 000
Financial Income	49 000	58 000	67 000	10 000
Financial Costs	450 000	268 000	320 000	231 000
Financial Balance	−401 000	−210 000	−253 000	−221 000
Earnings Before Tax	−1 742 000	−1 128 000	−1 667 000	142 000
Tax	0	0	0	−373 000
Net Income	−1 742 000	−1 128 000	−1 667 000	515 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 433 000	1 517 000	944 000	1 022 000
Total Current Assets	9 059 000	7 297 000	5 642 000	5 209 000
Total Assets	10 492 000	8 814 000	6 585 000	6 230 000
Total Retained Equity	−4 727 000	−2 985 000	−1 857 000	−189 000
Total Equity	14 000	1 756 000	−615 000	175 000
Total Long-Term Debt	0	0	1 061 000	1 777 000
Total Current Debt	10 477 000	7 058 000	6 139 000	4 279 000
Total Equity and Debt	10 492 000	8 814 000	6 585 000	6 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 067 000	15 249 000	16 771 000	13 407 000
Other Income	0	−315 000	315 000	13 000
Revenue	19 067 000	14 934 000	17 086 000	13 420 000
Cost of Goods Sold	12 892 000	9 248 000	8 952 000	5 751 000
Salary Costs	4 762 000	4 669 000	6 136 000	5 407 000
Depreciation	85 000	76 000	88 000	64 000
Impairment	0	0	0	0
Expenditure	21 883 000	17 359 000	18 433 000	13 574 000
Operating Profit	−1 341 000	−918 000	−1 414 000	363 000
Financial Income	49 000	58 000	67 000	10 000
Financial Costs	450 000	268 000	320 000	231 000
Financial Balance	−401 000	−210 000	−253 000	−221 000
Dividends	0	0	0	0
Net Income	−1 742 000	−1 128 000	−1 667 000	515 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 243 000	1 243 000	668 000	668 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	88 000	0	0	0
Fixtures	102 000	275 000	276 000	344 000
Total Tangible Assets	190 000	275 000	276 000	344 000
Total Fiancial Fixed Assets	0	0	0	10 000
Total Fixed Assets	1 433 000	1 517 000	944 000	1 022 000
Stock	4 998 000	3 524 000	2 286 000	2 242 000
Total Investments	0	0	0	0
Cash, Bank	205 000	230 000	197 000	186 000
Total Current Assets	9 059 000	7 297 000	5 642 000	5 209 000
Total Assets	10 492 000	8 814 000	6 585 000	6 230 000
Total Equity	14 000	1 756 000	−615 000	175 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 061 000	1 777 000
Creditors	3 458 000	492 000	947 000	758 000
Unpaid Taxes	963 000	704 000	801 000	999 000
Dividends	0	0	0	0
Other Current Debt	1 111 000	997 000	718 000	1 471 000
Total Current Debt	10 477 000	7 058 000	6 139 000	4 279 000
Total Equity and Debt	10 492 000	8 814 000	6 585 000	6 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12 442,86 %	−64,24 %	271,06 %	294,29 %
Debt-to-Equity Ratio	0	0	−1,73	10,15
Operating Profit Margin	−7,03 %	−6,15 %	−8,28 %	2,7 %
Current Ratio	0,86	1,03	0,92	1,22
Quick Ratio	1,65	2,06	1,46	2,56
Equity Ratio	0	0,2	−0,09	0,03
Gross Profit Margin	32,39 %	38,07 %	47,61 %	57,15 %