FLAGE MASKIN AS

5709 VOSS

Finances

Return on Equity

−40,66 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	368 346 000	326 117 000	370 866 000	392 326 000
Net Income	−11 028 000	3 418 000	−415 000	2 326 000
Total Assets	148 016 000	116 588 000	123 579 000	111 254 000
Total Equity	27 123 000	32 964 000	29 578 000	29 993 000

Income (NOK)	2022	2021	2020	2019
Revenue	368 346 000	326 117 000	370 866 000	392 326 000
Expenditure	380 480 000	320 742 000	396 164 000	365 780 000
Operating Profit	−12 134 000	5 374 000	314 000	4 144 000
Financial Income	78 000	81 000	70 000	119 000
Financial Costs	2 082 000	1 072 000	914 000	1 286 000
Financial Balance	−2 004 000	−991 000	−844 000	−1 167 000
Earnings Before Tax	−14 139 000	4 382 000	−529 000	2 977 000
Tax	−3 111 000	965 000	−115 000	651 000
Net Income	−11 028 000	3 418 000	−415 000	2 326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 972 000	2 188 000	2 735 000	4 300 000
Total Current Assets	146 044 000	114 401 000	120 844 000	106 955 000
Total Assets	148 016 000	116 588 000	123 579 000	111 254 000
Total Retained Equity	11 714 000	22 743 000	19 357 000	19 772 000
Total Equity	27 123 000	32 964 000	29 578 000	29 993 000
Total Long-Term Debt	9 129 000	2 172 000	2 075 000	2 039 000
Total Current Debt	111 763 000	81 452 000	91 926 000	79 223 000
Total Equity and Debt	148 016 000	116 588 000	123 579 000	111 254 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	368 346 000	326 117 000	370 866 000	392 324 000
Other Income	0	0	0	2 000
Revenue	368 346 000	326 117 000	370 866 000	392 326 000
Cost of Goods Sold	170 026 000	156 749 000	229 898 000	259 175 000
Salary Costs	82 751 000	73 808 000	74 863 000	61 584 000
Depreciation	882 000	882 000	891 000	1 162 000
Impairment	0	0	0	0
Expenditure	380 480 000	320 742 000	396 164 000	365 780 000
Operating Profit	−12 134 000	5 374 000	314 000	4 144 000
Financial Income	78 000	81 000	70 000	119 000
Financial Costs	2 082 000	1 072 000	914 000	1 286 000
Financial Balance	−2 004 000	−991 000	−844 000	−1 167 000
Dividends	0	0	0	0
Net Income	−11 028 000	3 418 000	−415 000	2 326 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	666 000	0	0	673 000
Real Eastate	230 000	1 092 000	1 954 000	2 815 000
Machinery and Plant Facilities	10 000	30 000	50 000	77 000
Fixtures	0	0	0	2 000
Total Tangible Assets	240 000	1 122 000	2 004 000	2 895 000
Total Fiancial Fixed Assets	1 066 000	1 066 000	732 000	732 000
Total Fixed Assets	1 972 000	2 188 000	2 735 000	4 300 000
Stock	10 518 000	8 226 000	7 180 000	6 466 000
Total Investments	0	0	0	0
Cash, Bank	3 679 000	3 220 000	3 179 000	2 553 000
Total Current Assets	146 044 000	114 401 000	120 844 000	106 955 000
Total Assets	148 016 000	116 588 000	123 579 000	111 254 000
Total Equity	27 123 000	32 964 000	29 578 000	29 993 000
Short-Term Group Debt	429 000	470 000	0	0
Total Long-Term Debt	9 129 000	2 172 000	2 075 000	2 039 000
Creditors	34 338 000	30 090 000	21 109 000	42 440 000
Unpaid Taxes	13 577 000	11 737 000	11 755 000	13 626 000
Dividends	0	0	0	0
Other Current Debt	26 148 000	14 753 000	16 598 000	15 180 000
Total Current Debt	111 763 000	81 452 000	91 926 000	79 223 000
Total Equity and Debt	148 016 000	116 588 000	123 579 000	111 254 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,66 %	10,37 %	−1,4 %	7,76 %
Debt-to-Equity Ratio	0,34	0,07	0,07	0,07
Operating Profit Margin	−3,29 %	1,65 %	0,08 %	1,06 %
Current Ratio	1,31	1,4	1,31	1,35
Quick Ratio	1,44	1,56	1,43	1,47
Equity Ratio	0,18	0,28	0,24	0,27
Gross Profit Margin	53,84 %	51,93 %	38,01 %	33,94 %