FRI FLYT AS

0180 OSLO

Finances

Return on Equity

12,88 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 623 000	36 949 000	32 926 000	38 681 000
Net Income	1 172 000	3 600 000	3 362 000	2 127 000
Total Assets	23 220 000	23 806 000	19 395 000	16 899 000
Total Equity	9 102 000	7 930 000	4 331 000	3 318 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 623 000	36 949 000	32 926 000	38 681 000
Expenditure	37 095 000	32 333 000	28 615 000	35 927 000
Operating Profit	1 528 000	4 616 000	4 310 000	2 753 000
Financial Income	40 000	36 000	58 000	35 000
Financial Costs	32 000	29 000	54 000	58 000
Financial Balance	8 000	7 000	4 000	−23 000
Earnings Before Tax	1 536 000	4 623 000	4 315 000	2 730 000
Tax	363 000	1 023 000	953 000	603 000
Net Income	1 172 000	3 600 000	3 362 000	2 127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 075 000	5 411 000	5 743 000	3 802 000
Total Current Assets	18 145 000	18 395 000	13 653 000	13 097 000
Total Assets	23 220 000	23 806 000	19 395 000	16 899 000
Total Retained Equity	8 282 000	7 110 000	3 510 000	2 498 000
Total Equity	9 102 000	7 930 000	4 331 000	3 318 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 118 000	15 875 000	15 065 000	13 581 000
Total Equity and Debt	23 220 000	23 806 000	19 395 000	16 899 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 508 000	36 944 000	31 188 000	38 681 000
Other Income	115 000	5 000	1 739 000	0
Revenue	38 623 000	36 949 000	32 926 000	38 681 000
Cost of Goods Sold	11 822 000	11 555 000	9 580 000	13 860 000
Salary Costs	16 460 000	14 880 000	13 908 000	15 010 000
Depreciation	788 000	651 000	416 000	184 000
Impairment	0	0	0	0
Expenditure	37 095 000	32 333 000	28 615 000	35 927 000
Operating Profit	1 528 000	4 616 000	4 310 000	2 753 000
Financial Income	40 000	36 000	58 000	35 000
Financial Costs	32 000	29 000	54 000	58 000
Financial Balance	8 000	7 000	4 000	−23 000
Dividends	0	0	0	0
Net Income	1 172 000	3 600 000	3 362 000	2 127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 407 000	4 975 000	5 267 000	2 827 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	668 000	436 000	476 000	573 000
Total Tangible Assets	668 000	436 000	476 000	573 000
Total Fiancial Fixed Assets	0	0	0	403 000
Total Fixed Assets	5 075 000	5 411 000	5 743 000	3 802 000
Stock	1 684 000	1 521 000	1 473 000	1 875 000
Total Investments	0	0	0	0
Cash, Bank	12 227 000	12 345 000	6 393 000	6 874 000
Total Current Assets	18 145 000	18 395 000	13 653 000	13 097 000
Total Assets	23 220 000	23 806 000	19 395 000	16 899 000
Total Equity	9 102 000	7 930 000	4 331 000	3 318 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	754 000	862 000	732 000	917 000
Unpaid Taxes	1 623 000	1 813 000	1 944 000	1 478 000
Dividends	0	0	0	0
Other Current Debt	11 398 000	12 258 000	11 382 000	10 500 000
Total Current Debt	14 118 000	15 875 000	15 065 000	13 581 000
Total Equity and Debt	23 220 000	23 806 000	19 395 000	16 899 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,88 %	45,4 %	77,63 %	64,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,96 %	12,49 %	13,09 %	7,12 %
Current Ratio	1,29	1,16	0,91	0,96
Quick Ratio	1,46	1,28	1	1,12
Equity Ratio	0,39	0,33	0,22	0,2
Gross Profit Margin	69,39 %	68,73 %	70,9 %	64,17 %