FLÅMSBANA AS

5743 FLÅM

Finances

Return on Equity

28,42 %

Current Ratio

5,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	164 235 000	71 043 000	68 584 000	236 129 000
Net Income	22 769 000	−28 086 000	−7 033 000	71 790 000
Total Assets	95 479 000	61 763 000	93 508 000	128 288 000
Total Equity	80 104 000	57 335 000	85 422 000	92 454 000

Income (NOK)	2022	2021	2020	2019
Revenue	164 235 000	71 043 000	68 584 000	236 129 000
Expenditure	135 291 000	107 394 000	78 862 000	145 241 000
Operating Profit	28 943 000	−36 351 000	−10 277 000	90 888 000
Financial Income	746 000	642 000	1 265 000	1 181 000
Financial Costs	478 000	295 000	0	14 000
Financial Balance	268 000	347 000	1 265 000	1 167 000
Earnings Before Tax	29 211 000	−36 005 000	−9 012 000	92 054 000
Tax	6 442 000	−7 919 000	−1 980 000	20 264 000
Net Income	22 769 000	−28 086 000	−7 033 000	71 790 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 562 000	9 403 000	1 760 000	2 128 000
Total Current Assets	77 917 000	52 360 000	91 749 000	126 160 000
Total Assets	95 479 000	61 763 000	93 508 000	128 288 000
Total Retained Equity	70 104 000	47 335 000	75 422 000	82 454 000
Total Equity	80 104 000	57 335 000	85 422 000	92 454 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 375 000	4 428 000	8 087 000	35 834 000
Total Equity and Debt	95 479 000	61 763 000	93 508 000	128 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	161 972 000	46 424 000	40 901 000	235 845 000
Other Income	2 263 000	24 619 000	27 683 000	284 000
Revenue	164 235 000	71 043 000	68 584 000	236 129 000
Cost of Goods Sold	0	0	0	0
Salary Costs	12 035 000	8 164 000	7 674 000	13 838 000
Depreciation	3 261 000	308 000	304 000	327 000
Impairment	0	0	0	0
Expenditure	135 291 000	107 394 000	78 862 000	145 241 000
Operating Profit	28 943 000	−36 351 000	−10 277 000	90 888 000
Financial Income	746 000	642 000	1 265 000	1 181 000
Financial Costs	478 000	295 000	0	14 000
Financial Balance	268 000	347 000	1 265 000	1 167 000
Dividends	0	0	0	0
Net Income	22 769 000	−28 086 000	−7 033 000	71 790 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 888 000	8 558 000	639 000	704 000
Real Eastate	109 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	499 000	779 000	1 054 000	1 358 000
Total Tangible Assets	608 000	779 000	1 054 000	1 358 000
Total Fiancial Fixed Assets	66 000	66 000	66 000	66 000
Total Fixed Assets	17 562 000	9 403 000	1 760 000	2 128 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	71 285 000	44 956 000	77 233 000	119 839 000
Total Current Assets	77 917 000	52 360 000	91 749 000	126 160 000
Total Assets	95 479 000	61 763 000	93 508 000	128 288 000
Total Equity	80 104 000	57 335 000	85 422 000	92 454 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 013 000	115 000	4 359 000	1 195 000
Unpaid Taxes	845 000	400 000	418 000	539 000
Dividends	0	0	0	0
Other Current Debt	12 517 000	3 913 000	3 310 000	13 865 000
Total Current Debt	15 375 000	4 428 000	8 087 000	35 834 000
Total Equity and Debt	95 479 000	61 763 000	93 508 000	128 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,42 %	−48,99 %	−8,23 %	77,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,62 %	−51,17 %	−14,98 %	38,49 %
Current Ratio	5,07	11,82	11,35	3,52
Quick Ratio	5,07	11,82	11,35	3,52
Equity Ratio	0,84	0,93	0,91	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %