FLEX AGRI AS

3270 LARVIK

Finances

Return on Equity

62,84 %

Current Ratio

1,49

Debt-to-Equity Ratio

1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 520 000	7 427 000	6 161 000	4 631 000
Net Income	1 155 000	184 000	−36 000	36 000
Total Assets	6 972 000	6 162 000	5 464 000	4 262 000
Total Equity	1 838 000	683 000	−491 000	−4 074 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 520 000	7 427 000	6 161 000	4 631 000
Expenditure	10 064 000	7 042 000	6 038 000	4 372 000
Operating Profit	1 457 000	385 000	124 000	258 000
Financial Income	47 000	12 000	11 000	10 000
Financial Costs	349 000	213 000	171 000	233 000
Financial Balance	−302 000	−201 000	−160 000	−223 000
Earnings Before Tax	1 155 000	184 000	−36 000	36 000
Tax	0	0	0	0
Net Income	1 155 000	184 000	−36 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 092 000	2 182 000	2 502 000	2 616 000
Total Current Assets	4 880 000	3 980 000	2 962 000	1 646 000
Total Assets	6 972 000	6 162 000	5 464 000	4 262 000
Total Retained Equity	−5 627 000	−6 782 000	−6 966 000	−6 929 000
Total Equity	1 838 000	683 000	−491 000	−4 074 000
Total Long-Term Debt	1 869 000	3 628 000	4 107 000	6 311 000
Total Current Debt	3 265 000	1 851 000	1 848 000	2 026 000
Total Equity and Debt	6 972 000	6 162 000	5 464 000	4 262 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 520 000	7 427 000	6 161 000	4 631 000
Other Income	0	0	0	0
Revenue	11 520 000	7 427 000	6 161 000	4 631 000
Cost of Goods Sold	6 857 000	4 608 000	3 768 000	2 005 000
Salary Costs	1 024 000	849 000	842 000	810 000
Depreciation	341 000	280 000	93 000	303 000
Impairment	0	0	0	0
Expenditure	10 064 000	7 042 000	6 038 000	4 372 000
Operating Profit	1 457 000	385 000	124 000	258 000
Financial Income	47 000	12 000	11 000	10 000
Financial Costs	349 000	213 000	171 000	233 000
Financial Balance	−302 000	−201 000	−160 000	−223 000
Dividends	0	0	0	0
Net Income	1 155 000	184 000	−36 000	36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	600 000	800 000	800 000	800 000
Real Eastate	0	0	1 087 000	1 132 000
Machinery and Plant Facilities	1 271 000	1 121 000	218 000	256 000
Fixtures	0	0	96 000	107 000
Total Tangible Assets	1 271 000	1 121 000	1 402 000	1 495 000
Total Fiancial Fixed Assets	221 000	260 000	300 000	321 000
Total Fixed Assets	2 092 000	2 182 000	2 502 000	2 616 000
Stock	3 290 000	2 688 000	2 102 000	1 386 000
Total Investments	0	0	0	0
Cash, Bank	474 000	229 000	335 000	36 000
Total Current Assets	4 880 000	3 980 000	2 962 000	1 646 000
Total Assets	6 972 000	6 162 000	5 464 000	4 262 000
Total Equity	1 838 000	683 000	−491 000	−4 074 000
Short-Term Group Debt	250 000	250 000	616 000	250 000
Total Long-Term Debt	1 869 000	3 628 000	4 107 000	6 311 000
Creditors	1 072 000	1 052 000	798 000	1 033 000
Unpaid Taxes	305 000	125 000	44 000	196 000
Dividends	0	0	0	0
Other Current Debt	1 638 000	424 000	390 000	547 000
Total Current Debt	3 265 000	1 851 000	1 848 000	2 026 000
Total Equity and Debt	6 972 000	6 162 000	5 464 000	4 262 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,84 %	26,94 %	7,33 %	−0,88 %
Debt-to-Equity Ratio	1,02	5,31	−8,36	−1,55
Operating Profit Margin	12,65 %	5,18 %	2,01 %	5,57 %
Current Ratio	1,49	2,15	1,6	0,81
Quick Ratio	−195,2	−4,76	−11,66	2,57
Equity Ratio	0,26	0,11	−0,09	−0,96
Gross Profit Margin	40,48 %	37,96 %	38,84 %	56,7 %