FLORØ FLYFRAKT AS

6900 FLORØ

Finances

Share Ownership

Return on Equity

3,87 %

Current Ratio

1,1

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	645 000	619 000	761 000	706 000
Net Income	57 000	10 000	133 000	241 000
Total Assets	2 949 000	2 889 000	2 920 000	2 963 000
Total Equity	1 471 000	1 424 000	1 423 000	1 303 000

Income (NOK)	2022	2021	2020	2019
Revenue	645 000	619 000	761 000	706 000
Expenditure	549 000	580 000	561 000	356 000
Operating Profit	96 000	39 000	200 000	350 000
Financial Income	4 000	4 000	5 000	3 000
Financial Costs	23 000	24 000	31 000	40 000
Financial Balance	−19 000	−20 000	−26 000	−37 000
Earnings Before Tax	77 000	20 000	174 000	313 000
Tax	19 000	10 000	42 000	72 000
Net Income	57 000	10 000	133 000	241 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 475 000	2 505 000	2 553 000	2 600 000
Total Current Assets	475 000	384 000	367 000	362 000
Total Assets	2 949 000	2 889 000	2 920 000	2 963 000
Total Retained Equity	1 353 000	1 306 000	1 305 000	1 185 000
Total Equity	1 471 000	1 424 000	1 423 000	1 303 000
Total Long-Term Debt	1 046 000	478 000	1 138 000	758 000
Total Current Debt	433 000	986 000	359 000	901 000
Total Equity and Debt	2 949 000	2 889 000	2 920 000	2 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	530 000	492 000	634 000	568 000
Other Income	115 000	127 000	127 000	138 000
Revenue	645 000	619 000	761 000	706 000
Cost of Goods Sold	35 000	23 000	25 000	40 000
Salary Costs	304 000	355 000	311 000	126 000
Depreciation	30 000	48 000	47 000	47 000
Impairment	0	0	0	0
Expenditure	549 000	580 000	561 000	356 000
Operating Profit	96 000	39 000	200 000	350 000
Financial Income	4 000	4 000	5 000	3 000
Financial Costs	23 000	24 000	31 000	40 000
Financial Balance	−19 000	−20 000	−26 000	−37 000
Dividends	0	0	0	0
Net Income	57 000	10 000	133 000	241 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 413 000	2 413 000	2 413 000	2 413 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	61 000	92 000	140 000	187 000
Total Tangible Assets	2 475 000	2 505 000	2 553 000	2 600 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 475 000	2 505 000	2 553 000	2 600 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	337 000	249 000	219 000	192 000
Total Current Assets	475 000	384 000	367 000	362 000
Total Assets	2 949 000	2 889 000	2 920 000	2 963 000
Total Equity	1 471 000	1 424 000	1 423 000	1 303 000
Short-Term Group Debt	26 000	719 000	0	0
Total Long-Term Debt	1 046 000	478 000	1 138 000	758 000
Creditors	21 000	18 000	15 000	21 000
Unpaid Taxes	168 000	204 000	185 000	180 000
Dividends	0	0	0	0
Other Current Debt	203 000	38 000	122 000	632 000
Total Current Debt	433 000	986 000	359 000	901 000
Total Equity and Debt	2 949 000	2 889 000	2 920 000	2 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,87 %	0,7 %	9,35 %	18,5 %
Debt-to-Equity Ratio	0,71	0,34	0,8	0,58
Operating Profit Margin	14,88 %	6,3 %	26,28 %	49,58 %
Current Ratio	1,1	0,39	1,02	0,4
Quick Ratio	1,1	0,39	1,02	0,4
Equity Ratio	0,5	0,49	0,49	0,44
Gross Profit Margin	94,57 %	96,28 %	96,71 %	94,33 %