FLØGARDEN AS

6963 DALE I SUNNFJORD

Finances

Share Ownership

Return on Equity

−43,18 %

Current Ratio

0,29

Debt-to-Equity Ratio

−1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	136 000	127 000	142 000	133 000
Net Income	57 000	54 000	34 000	−264 000
Total Assets	1 194 000	1 372 000	1 308 000	1 192 000
Total Equity	−132 000	−189 000	−243 000	−277 000

Income (NOK)	2022	2021	2020	2019
Revenue	136 000	127 000	142 000	133 000
Expenditure	79 000	73 000	106 000	396 000
Operating Profit	57 000	54 000	36 000	−264 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Earnings Before Tax	57 000	54 000	34 000	−264 000
Tax	0	0	0	0
Net Income	57 000	54 000	34 000	−264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	880 000	880 000	861 000	891 000
Total Current Assets	314 000	492 000	447 000	301 000
Total Assets	1 194 000	1 372 000	1 308 000	1 192 000
Total Retained Equity	−282 000	−339 000	−393 000	−427 000
Total Equity	−132 000	−189 000	−243 000	−277 000
Total Long-Term Debt	231 000	231 000	231 000	231 000
Total Current Debt	1 094 000	1 329 000	1 319 000	1 237 000
Total Equity and Debt	1 194 000	1 372 000	1 308 000	1 192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	136 000	127 000	142 000	133 000
Revenue	136 000	127 000	142 000	133 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	5 000	30 000	30 000
Impairment	0	0	0	0
Expenditure	79 000	73 000	106 000	396 000
Operating Profit	57 000	54 000	36 000	−264 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Dividends	0	0	0	0
Net Income	57 000	54 000	34 000	−264 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	880 000	880 000	861 000	891 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	880 000	880 000	861 000	891 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	880 000	880 000	861 000	891 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	192 000	147 000	1 000
Total Current Assets	314 000	492 000	447 000	301 000
Total Assets	1 194 000	1 372 000	1 308 000	1 192 000
Total Equity	−132 000	−189 000	−243 000	−277 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	231 000	231 000	231 000	231 000
Creditors	−804 000	−794 000	−804 000	−800 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 898 000	2 123 000	2 123 000	2 123 000
Total Current Debt	1 094 000	1 329 000	1 319 000	1 237 000
Total Equity and Debt	1 194 000	1 372 000	1 308 000	1 192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,18 %	−28,57 %	−13,99 %	95,31 %
Debt-to-Equity Ratio	−1,75	−1,22	−0,95	−0,83
Operating Profit Margin	41,91 %	42,52 %	25,35 %	−198,5 %
Current Ratio	0,29	0,37	0,34	0,24
Quick Ratio	0,29	0,37	0,34	0,24
Equity Ratio	−0,11	−0,14	−0,19	−0,23
Gross Profit Margin	100 %	100 %	100 %	100 %