FLEXITEEK INTERNATIONAL AS

0252 OSLO

Finances

Share Ownership

Return on Equity

13,49 %

Current Ratio

8,47

Debt-to-Equity Ratio

1,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 852 000	5 187 000	3 669 000	3 011 000
Net Income	5 647 000	4 000 000	5 678 000	1 492 000
Total Assets	127 051 000	117 455 000	27 342 000	32 969 000
Total Equity	41 847 000	36 200 000	18 177 000	12 499 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 852 000	5 187 000	3 669 000	3 011 000
Expenditure	463 000	384 000	−2 195 000	114 000
Operating Profit	4 388 000	4 804 000	5 863 000	2 896 000
Financial Income	5 676 000	539 000	1 824 000	1 461 000
Financial Costs	2 824 000	215 000	1 097 000	1 612 000
Financial Balance	2 852 000	324 000	727 000	−151 000
Earnings Before Tax	7 240 000	5 129 000	6 591 000	2 745 000
Tax	1 593 000	1 128 000	912 000	1 254 000
Net Income	5 647 000	4 000 000	5 678 000	1 492 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	111 287 000	11 297 000	22 871 000	31 064 000
Total Current Assets	15 765 000	106 158 000	4 471 000	1 905 000
Total Assets	127 051 000	117 455 000	27 342 000	32 969 000
Total Retained Equity	9 647 000	4 000 000	2 310 000	−3 368 000
Total Equity	41 847 000	36 200 000	18 177 000	12 499 000
Total Long-Term Debt	83 342 000	43 000	8 276 000	19 597 000
Total Current Debt	1 862 000	81 212 000	889 000	873 000
Total Equity and Debt	127 051 000	117 455 000	27 342 000	32 969 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 852 000	5 187 000	3 669 000	3 011 000
Revenue	4 852 000	5 187 000	3 669 000	3 011 000
Cost of Goods Sold	0	0	0	0
Salary Costs	171 000	143 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	463 000	384 000	−2 195 000	114 000
Operating Profit	4 388 000	4 804 000	5 863 000	2 896 000
Financial Income	5 676 000	539 000	1 824 000	1 461 000
Financial Costs	2 824 000	215 000	1 097 000	1 612 000
Financial Balance	2 852 000	324 000	727 000	−151 000
Dividends	0	80 000 000	0	0
Net Income	5 647 000	4 000 000	5 678 000	1 492 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	111 287 000	11 297 000	22 871 000	31 064 000
Total Fixed Assets	111 287 000	11 297 000	22 871 000	31 064 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 613 000	4 833 000	3 152 000	977 000
Total Current Assets	15 765 000	106 158 000	4 471 000	1 905 000
Total Assets	127 051 000	117 455 000	27 342 000	32 969 000
Total Equity	41 847 000	36 200 000	18 177 000	12 499 000
Short-Term Group Debt	0	80 000 000	0	0
Total Long-Term Debt	83 342 000	43 000	8 276 000	19 597 000
Creditors	3 000	73 000	4 000	0
Unpaid Taxes	16 000	0	0	0
Dividends	0	80 000 000	0	0
Other Current Debt	572 000	0	0	0
Total Current Debt	1 862 000	81 212 000	889 000	873 000
Total Equity and Debt	127 051 000	117 455 000	27 342 000	32 969 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,49 %	11,05 %	31,24 %	11,94 %
Debt-to-Equity Ratio	1,99	0	0,46	1,57
Operating Profit Margin	90,44 %	92,62 %	159,8 %	96,18 %
Current Ratio	8,47	1,31	5,03	2,18
Quick Ratio	8,47	1,31	5,03	2,18
Equity Ratio	0,33	0,31	0,66	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %