FLEX KONGSVINGER AS

2211 KONGSVINGER

Finances

Share Ownership

Return on Equity

53,81 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 665 000	5 302 000	4 415 000	4 389 000
Net Income	1 066 000	131 000	−146 000	−315 000
Total Assets	4 894 000	3 216 000	4 280 000	4 015 000
Total Equity	1 981 000	915 000	784 000	930 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 665 000	5 302 000	4 415 000	4 389 000
Expenditure	7 208 000	5 033 000	4 500 000	4 686 000
Operating Profit	1 458 000	270 000	−85 000	−296 000
Financial Income	71 000	53 000	81 000	69 000
Financial Costs	162 000	155 000	182 000	177 000
Financial Balance	−91 000	−102 000	−101 000	−108 000
Earnings Before Tax	1 366 000	169 000	−187 000	−404 000
Tax	301 000	38 000	−41 000	−89 000
Net Income	1 066 000	131 000	−146 000	−315 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	792 000	1 051 000	1 334 000	1 431 000
Total Current Assets	4 102 000	2 165 000	2 946 000	2 584 000
Total Assets	4 894 000	3 216 000	4 280 000	4 015 000
Total Retained Equity	1 363 000	297 000	166 000	312 000
Total Equity	1 981 000	915 000	784 000	930 000
Total Long-Term Debt	513 000	663 000	813 000	963 000
Total Current Debt	2 400 000	1 638 000	2 683 000	2 122 000
Total Equity and Debt	4 894 000	3 216 000	4 280 000	4 015 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 665 000	5 302 000	4 415 000	4 389 000
Other Income	0	0	0	0
Revenue	8 665 000	5 302 000	4 415 000	4 389 000
Cost of Goods Sold	4 948 000	2 985 000	2 508 000	2 544 000
Salary Costs	667 000	562 000	577 000	616 000
Depreciation	245 000	245 000	245 000	232 000
Impairment	0	0	0	0
Expenditure	7 208 000	5 033 000	4 500 000	4 686 000
Operating Profit	1 458 000	270 000	−85 000	−296 000
Financial Income	71 000	53 000	81 000	69 000
Financial Costs	162 000	155 000	182 000	177 000
Financial Balance	−91 000	−102 000	−101 000	−108 000
Dividends	0	0	0	0
Net Income	1 066 000	131 000	−146 000	−315 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	173 000	200 000	252 000	197 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	336 000	473 000	610 000	748 000
Fixtures	283 000	377 000	471 000	487 000
Total Tangible Assets	619 000	850 000	1 082 000	1 234 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	792 000	1 051 000	1 334 000	1 431 000
Stock	3 300 000	837 000	1 490 000	1 545 000
Total Investments	0	0	0	0
Cash, Bank	18 000	17 000	16 000	6 000
Total Current Assets	4 102 000	2 165 000	2 946 000	2 584 000
Total Assets	4 894 000	3 216 000	4 280 000	4 015 000
Total Equity	1 981 000	915 000	784 000	930 000
Short-Term Group Debt	0	0	139 000	30 000
Total Long-Term Debt	513 000	663 000	813 000	963 000
Creditors	492 000	104 000	1 168 000	465 000
Unpaid Taxes	39 000	61 000	36 000	24 000
Dividends	0	0	0	0
Other Current Debt	244 000	102 000	52 000	57 000
Total Current Debt	2 400 000	1 638 000	2 683 000	2 122 000
Total Equity and Debt	4 894 000	3 216 000	4 280 000	4 015 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,81 %	14,32 %	−18,62 %	−33,87 %
Debt-to-Equity Ratio	0,26	0,72	1,04	1,04
Operating Profit Margin	16,83 %	5,09 %	−1,93 %	−6,74 %
Current Ratio	1,71	1,32	1,1	1,22
Quick Ratio	−4,56	2,7	2,47	4,48
Equity Ratio	0,4	0,28	0,18	0,23
Gross Profit Margin	42,9 %	43,7 %	43,19 %	42,04 %