FLOGARD NIELSEN AS

3080 HOLMESTRAND

Finances

Share Ownership

Return on Equity

−163,16 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 522 000	1 460 000	1 593 000	1 442 000
Net Income	−93 000	−73 000	87 000	−15 000
Total Assets	481 000	547 000	555 000	557 000
Total Equity	57 000	151 000	224 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 522 000	1 460 000	1 593 000	1 442 000
Expenditure	1 588 000	1 488 000	1 462 000	1 440 000
Operating Profit	−65 000	−29 000	131 000	2 000
Financial Income	0	0	0	0
Financial Costs	28 000	25 000	19 000	21 000
Financial Balance	−28 000	−25 000	−19 000	−21 000
Earnings Before Tax	−93 000	−54 000	112 000	−19 000
Tax	0	19 000	25 000	−4 000
Net Income	−93 000	−73 000	87 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	9 000	38 000	73 000
Total Current Assets	481 000	539 000	517 000	484 000
Total Assets	481 000	547 000	555 000	557 000
Total Retained Equity	−43 000	51 000	124 000	36 000
Total Equity	57 000	151 000	224 000	136 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	424 000	397 000	331 000	421 000
Total Equity and Debt	481 000	547 000	555 000	557 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 522 000	1 465 000	1 592 000	1 442 000
Other Income	0	−5 000	1 000	0
Revenue	1 522 000	1 460 000	1 593 000	1 442 000
Cost of Goods Sold	507 000	572 000	635 000	580 000
Salary Costs	459 000	345 000	301 000	375 000
Depreciation	9 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	1 588 000	1 488 000	1 462 000	1 440 000
Operating Profit	−65 000	−29 000	131 000	2 000
Financial Income	0	0	0	0
Financial Costs	28 000	25 000	19 000	21 000
Financial Balance	−28 000	−25 000	−19 000	−21 000
Dividends	0	0	0	0
Net Income	−93 000	−73 000	87 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	19 000	44 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	9 000	19 000	30 000
Total Tangible Assets	0	9 000	19 000	30 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	9 000	38 000	73 000
Stock	452 000	506 000	468 000	459 000
Total Investments	0	0	0	0
Cash, Bank	20 000	21 000	32 000	20 000
Total Current Assets	481 000	539 000	517 000	484 000
Total Assets	481 000	547 000	555 000	557 000
Total Equity	57 000	151 000	224 000	136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	173 000	237 000	212 000	158 000
Unpaid Taxes	82 000	56 000	73 000	46 000
Dividends	0	0	0	0
Other Current Debt	70 000	30 000	46 000	71 000
Total Current Debt	424 000	397 000	331 000	421 000
Total Equity and Debt	481 000	547 000	555 000	557 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−163,16 %	−48,34 %	38,84 %	−11,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,27 %	−1,99 %	8,22 %	0,14 %
Current Ratio	1,13	1,36	1,56	1,15
Quick Ratio	−17,18	−4,94	−3,77	−12,74
Equity Ratio	0,12	0,28	0,4	0,24
Gross Profit Margin	66,69 %	60,82 %	60,14 %	59,78 %