FLEXIT EIENDOM AS

1870 ØRJE

Finances

Share Ownership

Return on Equity

2,27 %

Current Ratio

0,19

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 815 000	4 677 000	4 184 000	4 122 000
Net Income	428 000	1 340 000	2 467 000	2 157 000
Total Assets	55 637 000	21 400 000	18 050 000	17 591 000
Total Equity	18 850 000	18 421 000	15 851 000	13 778 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 815 000	4 677 000	4 184 000	4 122 000
Expenditure	4 217 000	2 961 000	1 077 000	1 410 000
Operating Profit	598 000	1 716 000	3 107 000	2 713 000
Financial Income	40 000	11 000	56 000	55 000
Financial Costs	89 000	0	0	3 000
Financial Balance	−49 000	11 000	56 000	52 000
Earnings Before Tax	549 000	1 727 000	3 163 000	2 765 000
Tax	121 000	386 000	696 000	608 000
Net Income	428 000	1 340 000	2 467 000	2 157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 949 000	19 644 000	13 276 000	13 886 000
Total Current Assets	6 688 000	1 757 000	4 774 000	3 705 000
Total Assets	55 637 000	21 400 000	18 050 000	17 591 000
Total Retained Equity	9 709 000	9 281 000	6 911 000	4 838 000
Total Equity	18 850 000	18 421 000	15 851 000	13 778 000
Total Long-Term Debt	2 266 000	771 000	730 000	754 000
Total Current Debt	34 522 000	2 208 000	1 470 000	3 059 000
Total Equity and Debt	55 637 000	21 400 000	18 050 000	17 591 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 815 000	4 677 000	4 184 000	4 122 000
Revenue	4 815 000	4 677 000	4 184 000	4 122 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 645 000	1 050 000	103 000	103 000
Depreciation	968 000	735 000	640 000	565 000
Impairment	0	0	0	0
Expenditure	4 217 000	2 961 000	1 077 000	1 410 000
Operating Profit	598 000	1 716 000	3 107 000	2 713 000
Financial Income	40 000	11 000	56 000	55 000
Financial Costs	89 000	0	0	3 000
Financial Balance	−49 000	11 000	56 000	52 000
Dividends	0	0	0	0
Net Income	428 000	1 340 000	2 467 000	2 157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	47 512 000	19 551 000	13 183 000	13 793 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 437 000	93 000	93 000	93 000
Total Tangible Assets	48 949 000	19 644 000	13 276 000	13 886 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	48 949 000	19 644 000	13 276 000	13 886 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	876 000	1 617 000	2 720 000	1 695 000
Total Current Assets	6 688 000	1 757 000	4 774 000	3 705 000
Total Assets	55 637 000	21 400 000	18 050 000	17 591 000
Total Equity	18 850 000	18 421 000	15 851 000	13 778 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 266 000	771 000	730 000	754 000
Creditors	14 948 000	809 000	38 000	42 000
Unpaid Taxes	111 000	153 000	165 000	156 000
Dividends	0	0	0	0
Other Current Debt	982 000	862 000	657 000	2 861 000
Total Current Debt	34 522 000	2 208 000	1 470 000	3 059 000
Total Equity and Debt	55 637 000	21 400 000	18 050 000	17 591 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,27 %	7,27 %	15,56 %	15,66 %
Debt-to-Equity Ratio	0,12	0,04	0,05	0,05
Operating Profit Margin	12,42 %	36,69 %	74,26 %	65,82 %
Current Ratio	0,19	0,8	3,25	1,21
Quick Ratio	0,19	0,8	3,25	1,21
Equity Ratio	0,34	0,86	0,88	0,78
Gross Profit Margin	100 %	100 %	100 %	100 %