FLEXIRENT NORGE AS

2830 RAUFOSS

Finances

Share Ownership

Return on Equity

20,58 %

Current Ratio

2,96

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 324 000	14 170 000	13 304 000	10 471 000
Net Income	1 053 000	1 044 000	845 000	646 000
Total Assets	6 755 000	5 908 000	5 385 000	4 351 000
Total Equity	5 116 000	4 063 000	3 020 000	2 174 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 324 000	14 170 000	13 304 000	10 471 000
Expenditure	12 994 000	12 810 000	12 206 000	9 638 000
Operating Profit	1 329 000	1 359 000	1 098 000	834 000
Financial Income	61 000	29 000	76 000	16 000
Financial Costs	40 000	50 000	90 000	22 000
Financial Balance	21 000	−21 000	−14 000	−6 000
Earnings Before Tax	1 350 000	1 338 000	1 084 000	828 000
Tax	297 000	294 000	239 000	182 000
Net Income	1 053 000	1 044 000	845 000	646 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 277 000	1 707 000	1 161 000	37 000
Total Current Assets	4 478 000	4 201 000	4 224 000	4 315 000
Total Assets	6 755 000	5 908 000	5 385 000	4 351 000
Total Retained Equity	4 155 000	3 102 000	2 059 000	1 213 000
Total Equity	5 116 000	4 063 000	3 020 000	2 174 000
Total Long-Term Debt	128 000	61 000	48 000	37 000
Total Current Debt	1 511 000	1 783 000	2 317 000	2 140 000
Total Equity and Debt	6 755 000	5 908 000	5 385 000	4 351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 034 000	14 122 000	13 249 000	10 468 000
Other Income	290 000	48 000	55 000	4 000
Revenue	14 324 000	14 170 000	13 304 000	10 471 000
Cost of Goods Sold	11 748 000	10 825 000	10 085 000	8 218 000
Salary Costs	0	0	0	0
Depreciation	527 000	445 000	149 000	36 000
Impairment	0	0	0	0
Expenditure	12 994 000	12 810 000	12 206 000	9 638 000
Operating Profit	1 329 000	1 359 000	1 098 000	834 000
Financial Income	61 000	29 000	76 000	16 000
Financial Costs	40 000	50 000	90 000	22 000
Financial Balance	21 000	−21 000	−14 000	−6 000
Dividends	0	0	0	0
Net Income	1 053 000	1 044 000	845 000	646 000

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	2 277 000	1 707 000	1 161 000	37 000
Fixtures	0	0	0	0
Total Tangible Assets	2 277 000	1 707 000	1 161 000	37 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 277 000	1 707 000	1 161 000	37 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 071 000	1 690 000	1 612 000	1 279 000
Total Current Assets	4 478 000	4 201 000	4 224 000	4 315 000
Total Assets	6 755 000	5 908 000	5 385 000	4 351 000
Total Equity	5 116 000	4 063 000	3 020 000	2 174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	128 000	61 000	48 000	37 000
Creditors	1 200 000	1 502 000	2 090 000	1 961 000
Unpaid Taxes	82 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 511 000	1 783 000	2 317 000	2 140 000
Total Equity and Debt	6 755 000	5 908 000	5 385 000	4 351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,58 %	25,7 %	27,98 %	29,71 %
Debt-to-Equity Ratio	0,03	0,02	0,02	0,02
Operating Profit Margin	9,28 %	9,59 %	8,25 %	7,96 %
Current Ratio	2,96	2,36	1,82	2,02
Quick Ratio	2,96	2,36	1,82	2,02
Equity Ratio	0,76	0,69	0,56	0,5
Gross Profit Margin	17,98 %	23,61 %	24,2 %	21,52 %