FLAA VVS AS

4626 KRISTIANSAND S

Finances

Return on Equity

20,05 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 500 000	9 005 000	6 983 000	6 508 000
Net Income	623 000	1 149 000	555 000	601 000
Total Assets	5 957 000	5 705 000	3 657 000	3 416 000
Total Equity	3 108 000	2 985 000	2 586 000	2 531 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 500 000	9 005 000	6 983 000	6 508 000
Expenditure	7 679 000	7 529 000	6 258 000	5 731 000
Operating Profit	821 000	1 476 000	725 000	777 000
Financial Income	3 000	4 000	3 000	3 000
Financial Costs	25 000	8 000	16 000	10 000
Financial Balance	−22 000	−4 000	−13 000	−7 000
Earnings Before Tax	799 000	1 473 000	712 000	770 000
Tax	176 000	324 000	157 000	169 000
Net Income	623 000	1 149 000	555 000	601 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 601 000	1 289 000	761 000	557 000
Total Current Assets	4 357 000	4 416 000	2 896 000	2 859 000
Total Assets	5 957 000	5 705 000	3 657 000	3 416 000
Total Retained Equity	2 408 000	2 285 000	1 886 000	1 831 000
Total Equity	3 108 000	2 985 000	2 586 000	2 531 000
Total Long-Term Debt	689 000	973 000	173 000	48 000
Total Current Debt	2 161 000	1 747 000	898 000	837 000
Total Equity and Debt	5 957 000	5 705 000	3 657 000	3 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 451 000	8 984 000	6 983 000	6 508 000
Other Income	49 000	22 000	0	0
Revenue	8 500 000	9 005 000	6 983 000	6 508 000
Cost of Goods Sold	3 404 000	3 673 000	3 048 000	2 640 000
Salary Costs	2 802 000	2 448 000	1 867 000	2 042 000
Depreciation	278 000	216 000	185 000	170 000
Impairment	0	0	0	0
Expenditure	7 679 000	7 529 000	6 258 000	5 731 000
Operating Profit	821 000	1 476 000	725 000	777 000
Financial Income	3 000	4 000	3 000	3 000
Financial Costs	25 000	8 000	16 000	10 000
Financial Balance	−22 000	−4 000	−13 000	−7 000
Dividends	500 000	750 000	500 000	0
Net Income	623 000	1 149 000	555 000	601 000

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	1 581 000	1 269 000	741 000	533 000
Total Tangible Assets	1 581 000	1 269 000	741 000	533 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	25 000
Total Fixed Assets	1 601 000	1 289 000	761 000	557 000
Stock	1 373 000	1 156 000	1 082 000	984 000
Total Investments	0	0	0	0
Cash, Bank	1 464 000	1 320 000	989 000	1 167 000
Total Current Assets	4 357 000	4 416 000	2 896 000	2 859 000
Total Assets	5 957 000	5 705 000	3 657 000	3 416 000
Total Equity	3 108 000	2 985 000	2 586 000	2 531 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	689 000	973 000	173 000	48 000
Creditors	723 000	727 000	234 000	191 000
Unpaid Taxes	515 000	485 000	339 000	284 000
Dividends	500 000	750 000	500 000	0
Other Current Debt	272 000	230 000	159 000	173 000
Total Current Debt	2 161 000	1 747 000	898 000	837 000
Total Equity and Debt	5 957 000	5 705 000	3 657 000	3 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,05 %	38,49 %	21,46 %	23,75 %
Debt-to-Equity Ratio	0,22	0,33	0,07	0,02
Operating Profit Margin	9,66 %	16,39 %	10,38 %	11,94 %
Current Ratio	2,02	2,53	3,22	3,42
Quick Ratio	5,53	7,47	−15,74	−19,45
Equity Ratio	0,52	0,52	0,71	0,74
Gross Profit Margin	59,95 %	59,21 %	56,35 %	59,43 %