FLORVAAG HUS AS

5011 BERGEN

Finances

Share Ownership

Return on Equity

18,21 %

Current Ratio

0,79

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 717 000	46 982 000	56 058 000	23 020 000
Net Income	2 098 000	−3 705 000	−7 100 000	−2 574 000
Total Assets	21 638 000	19 091 000	19 402 000	29 371 000
Total Equity	11 524 000	2 173 000	2 178 000	2 278 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 717 000	46 982 000	56 058 000	23 020 000
Expenditure	75 737 000	49 777 000	65 070 000	26 551 000
Operating Profit	2 980 000	−4 602 000	−9 012 000	−3 531 000
Financial Income	147 000	67 000	33 000	241 000
Financial Costs	437 000	214 000	51 000	1 000
Financial Balance	−290 000	−147 000	−18 000	240 000
Earnings Before Tax	2 689 000	−4 750 000	−9 030 000	−3 291 000
Tax	592 000	−1 045 000	−1 931 000	−717 000
Net Income	2 098 000	−3 705 000	−7 100 000	−2 574 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 815 000	7 760 000	1 816 000	9 915 000
Total Current Assets	7 823 000	11 331 000	17 586 000	19 457 000
Total Assets	21 638 000	19 091 000	19 402 000	29 371 000
Total Retained Equity	−4 893 000	−10 805 000	−7 100 000	0
Total Equity	11 524 000	2 173 000	2 178 000	2 278 000
Total Long-Term Debt	152 000	0	745 000	137 000
Total Current Debt	9 961 000	16 918 000	16 479 000	26 957 000
Total Equity and Debt	21 638 000	19 091 000	19 402 000	29 371 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 717 000	46 858 000	55 888 000	20 689 000
Other Income	0	124 000	170 000	2 331 000
Revenue	78 717 000	46 982 000	56 058 000	23 020 000
Cost of Goods Sold	68 362 000	37 866 000	54 682 000	17 603 000
Salary Costs	4 538 000	6 918 000	5 624 000	4 949 000
Depreciation	43 000	27 000	3 000	0
Impairment	0	0	0	0
Expenditure	75 737 000	49 777 000	65 070 000	26 551 000
Operating Profit	2 980 000	−4 602 000	−9 012 000	−3 531 000
Financial Income	147 000	67 000	33 000	241 000
Financial Costs	437 000	214 000	51 000	1 000
Financial Balance	−290 000	−147 000	−18 000	240 000
Dividends	0	0	0	14 000 000
Net Income	2 098 000	−3 705 000	−7 100 000	−2 574 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	202 000	2 839 000	1 794 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	12 000	17 000	22 000	0
Fixtures	118 000	156 000	0	0
Total Tangible Assets	130 000	173 000	22 000	0
Total Fiancial Fixed Assets	13 483 000	4 748 000	0	9 915 000
Total Fixed Assets	13 815 000	7 760 000	1 816 000	9 915 000
Stock	0	0	1 808 000	0
Total Investments	0	0	0	0
Cash, Bank	19 000	496 000	1 361 000	0
Total Current Assets	7 823 000	11 331 000	17 586 000	19 457 000
Total Assets	21 638 000	19 091 000	19 402 000	29 371 000
Total Equity	11 524 000	2 173 000	2 178 000	2 278 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	152 000	0	745 000	137 000
Creditors	8 134 000	9 355 000	10 182 000	1 016 000
Unpaid Taxes	199 000	921 000	315 000	175 000
Dividends	0	0	0	14 000 000
Other Current Debt	1 624 000	6 642 000	5 982 000	25 766 000
Total Current Debt	9 961 000	16 918 000	16 479 000	26 957 000
Total Equity and Debt	21 638 000	19 091 000	19 402 000	29 371 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,21 %	−170,5 %	−325,99 %	−112,99 %
Debt-to-Equity Ratio	0,01	0	0,34	0,06
Operating Profit Margin	3,79 %	−9,8 %	−16,08 %	−15,34 %
Current Ratio	0,79	0,67	1,07	0,72
Quick Ratio	0,79	0,67	1,2	0,72
Equity Ratio	0,53	0,11	0,11	0,08
Gross Profit Margin	13,15 %	19,4 %	2,45 %	23,53 %