FLØYSAND VA AS

5918 FREKHAUG

Finances

Return on Equity

−28,45 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 735 000	2 591 000	1 776 000	2 563 000
Net Income	−103 000	152 000	−137 000	306 000
Total Assets	766 000	1 094 000	887 000	1 275 000
Total Equity	362 000	465 000	313 000	450 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 735 000	2 591 000	1 776 000	2 563 000
Expenditure	1 838 000	2 396 000	1 953 000	2 164 000
Operating Profit	−103 000	195 000	−176 000	399 000
Financial Income	1 000	1 000	0	1 000
Financial Costs	1 000	4 000	13 000	6 000
Financial Balance	0	−3 000	−13 000	−5 000
Earnings Before Tax	−103 000	191 000	−189 000	394 000
Tax	0	40 000	−53 000	87 000
Net Income	−103 000	152 000	−137 000	306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	336 000	467 000	266 000	355 000
Total Current Assets	430 000	628 000	621 000	920 000
Total Assets	766 000	1 094 000	887 000	1 275 000
Total Retained Equity	262 000	365 000	213 000	350 000
Total Equity	362 000	465 000	313 000	450 000
Total Long-Term Debt	0	47 000	112 000	356 000
Total Current Debt	404 000	583 000	461 000	468 000
Total Equity and Debt	766 000	1 094 000	887 000	1 275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 735 000	2 410 000	1 640 000	2 568 000
Other Income	0	181 000	136 000	−5 000
Revenue	1 735 000	2 591 000	1 776 000	2 563 000
Cost of Goods Sold	633 000	883 000	490 000	843 000
Salary Costs	675 000	993 000	990 000	936 000
Depreciation	131 000	89 000	75 000	24 000
Impairment	0	0	0	0
Expenditure	1 838 000	2 396 000	1 953 000	2 164 000
Operating Profit	−103 000	195 000	−176 000	399 000
Financial Income	1 000	1 000	0	1 000
Financial Costs	1 000	4 000	13 000	6 000
Financial Balance	0	−3 000	−13 000	−5 000
Dividends	0	0	0	150 000
Net Income	−103 000	152 000	−137 000	306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	336 000	467 000	266 000	341 000
Total Tangible Assets	336 000	467 000	266 000	341 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	336 000	467 000	266 000	355 000
Stock	5 000	24 000	24 000	21 000
Total Investments	20 000	20 000	20 000	20 000
Cash, Bank	124 000	172 000	40 000	252 000
Total Current Assets	430 000	628 000	621 000	920 000
Total Assets	766 000	1 094 000	887 000	1 275 000
Total Equity	362 000	465 000	313 000	450 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	47 000	112 000	356 000
Creditors	208 000	240 000	84 000	9 000
Unpaid Taxes	79 000	175 000	161 000	126 000
Dividends	0	0	0	150 000
Other Current Debt	116 000	128 000	166 000	112 000
Total Current Debt	404 000	583 000	461 000	468 000
Total Equity and Debt	766 000	1 094 000	887 000	1 275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,45 %	32,69 %	−43,77 %	68 %
Debt-to-Equity Ratio	0	0,1	0,36	0,79
Operating Profit Margin	−5,94 %	7,53 %	−9,91 %	15,57 %
Current Ratio	1,06	1,08	1,35	1,97
Quick Ratio	1,08	1,12	1,42	2,06
Equity Ratio	0,47	0,43	0,35	0,35
Gross Profit Margin	63,52 %	65,92 %	72,41 %	67,11 %