FLEXIDEKOR AS

1890 RAKKESTAD

Finances

Share Ownership

Return on Equity

−6,58 %

Current Ratio

2,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 379 000	1 295 000	1 464 000	1 398 000
Net Income	−32 000	−219 000	−37 000	−17 000
Total Assets	753 000	887 000	968 000	1 197 000
Total Equity	486 000	518 000	736 000	774 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 379 000	1 295 000	1 464 000	1 398 000
Expenditure	1 412 000	1 518 000	1 510 000	1 410 000
Operating Profit	−34 000	−223 000	−47 000	−11 000
Financial Income	2 000	1 000	2 000	4 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	2 000	4 000
Earnings Before Tax	−32 000	−222 000	−45 000	−7 000
Tax	0	−3 000	−8 000	10 000
Net Income	−32 000	−219 000	−37 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	112 000	165 000	221 000
Total Current Assets	703 000	776 000	804 000	976 000
Total Assets	753 000	887 000	968 000	1 197 000
Total Retained Equity	386 000	418 000	636 000	674 000
Total Equity	486 000	518 000	736 000	774 000
Total Long-Term Debt	0	0	0	8 000
Total Current Debt	266 000	370 000	232 000	416 000
Total Equity and Debt	753 000	887 000	968 000	1 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 379 000	1 294 000	1 464 000	1 398 000
Other Income	0	0	0	0
Revenue	1 379 000	1 295 000	1 464 000	1 398 000
Cost of Goods Sold	352 000	375 000	411 000	390 000
Salary Costs	859 000	848 000	841 000	785 000
Depreciation	61 000	75 000	76 000	69 000
Impairment	0	0	0	0
Expenditure	1 412 000	1 518 000	1 510 000	1 410 000
Operating Profit	−34 000	−223 000	−47 000	−11 000
Financial Income	2 000	1 000	2 000	4 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	2 000	4 000
Dividends	0	0	0	200 000
Net Income	−32 000	−219 000	−37 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	36 000	71 000	124 000	182 000
Fixtures	15 000	41 000	41 000	40 000
Total Tangible Assets	50 000	112 000	165 000	221 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	50 000	112 000	165 000	221 000
Stock	10 000	10 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	545 000	701 000	494 000	864 000
Total Current Assets	703 000	776 000	804 000	976 000
Total Assets	753 000	887 000	968 000	1 197 000
Total Equity	486 000	518 000	736 000	774 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	8 000
Creditors	30 000	57 000	7 000	25 000
Unpaid Taxes	110 000	129 000	127 000	102 000
Dividends	0	0	0	200 000
Other Current Debt	126 000	183 000	98 000	87 000
Total Current Debt	266 000	370 000	232 000	416 000
Total Equity and Debt	753 000	887 000	968 000	1 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,58 %	−42,28 %	−5,03 %	−2,2 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−2,47 %	−17,22 %	−3,21 %	−0,79 %
Current Ratio	2,64	2,1	3,47	2,35
Quick Ratio	2,75	2,16	3,62	2,4
Equity Ratio	0,65	0,58	0,76	0,65
Gross Profit Margin	74,47 %	71,04 %	71,93 %	72,1 %