FLOTEN AS

6060 HAREID

Finances

Share Ownership

Return on Equity

317,03 %

Current Ratio

0,23

Debt-to-Equity Ratio

−55,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	424 000	799 000	1 158 000	1 289 000
Net Income	−577 000	−289 000	−110 000	−126 000
Total Assets	10 453 000	10 488 000	11 066 000	11 351 000
Total Equity	−182 000	395 000	684 000	794 000

Income (NOK)	2022	2021	2020	2019
Revenue	424 000	799 000	1 158 000	1 289 000
Expenditure	683 000	741 000	806 000	847 000
Operating Profit	−259 000	58 000	352 000	442 000
Financial Income	0	0	0	0
Financial Costs	481 000	429 000	492 000	603 000
Financial Balance	−481 000	−429 000	−492 000	−603 000
Earnings Before Tax	−739 000	−371 000	−140 000	−161 000
Tax	−163 000	−82 000	−31 000	−35 000
Net Income	−577 000	−289 000	−110 000	−126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 315 000	10 314 000	10 516 000	10 916 000
Total Current Assets	139 000	175 000	550 000	435 000
Total Assets	10 453 000	10 488 000	11 066 000	11 351 000
Total Retained Equity	−3 378 000	−2 801 000	−2 512 000	−2 402 000
Total Equity	−182 000	395 000	684 000	794 000
Total Long-Term Debt	10 022 000	10 034 000	10 350 000	10 508 000
Total Current Debt	613 000	59 000	32 000	49 000
Total Equity and Debt	10 453 000	10 488 000	11 066 000	11 351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	424 000	799 000	1 158 000	1 289 000
Other Income	0	0	0	0
Revenue	424 000	799 000	1 158 000	1 289 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	284 000	284 000	431 000	459 000
Impairment	0	0	0	0
Expenditure	683 000	741 000	806 000	847 000
Operating Profit	−259 000	58 000	352 000	442 000
Financial Income	0	0	0	0
Financial Costs	481 000	429 000	492 000	603 000
Financial Balance	−481 000	−429 000	−492 000	−603 000
Dividends	0	0	0	0
Net Income	−577 000	−289 000	−110 000	−126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 621 000	1 458 000	1 376 000	1 346 000
Real Eastate	8 694 000	8 856 000	9 140 000	9 571 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 694 000	8 856 000	9 140 000	9 571 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 315 000	10 314 000	10 516 000	10 916 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	129 000	129 000	460 000	313 000
Total Current Assets	139 000	175 000	550 000	435 000
Total Assets	10 453 000	10 488 000	11 066 000	11 351 000
Total Equity	−182 000	395 000	684 000	794 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 022 000	10 034 000	10 350 000	10 508 000
Creditors	61 000	21 000	0	31 000
Unpaid Taxes	13 000	13 000	17 000	18 000
Dividends	0	0	0	0
Other Current Debt	540 000	26 000	15 000	0
Total Current Debt	613 000	59 000	32 000	49 000
Total Equity and Debt	10 453 000	10 488 000	11 066 000	11 351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	317,03 %	−73,16 %	−16,08 %	−15,87 %
Debt-to-Equity Ratio	−55,07	25,4	15,13	13,23
Operating Profit Margin	−61,08 %	7,26 %	30,4 %	34,29 %
Current Ratio	0,23	2,97	17,19	8,88
Quick Ratio	0,23	2,97	17,19	8,88
Equity Ratio	−0,02	0,04	0,06	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %