FLEXIBO AS

3157 BARKÅKER

Finances

Share Ownership

Return on Equity

25,04 %

Current Ratio

2,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 782 000	17 687 000	7 982 000	11 650 000
Net Income	612 000	2 523 000	481 000	578 000
Total Assets	3 766 000	5 305 000	8 871 000	6 973 000
Total Equity	2 444 000	2 489 000	1 960 000	1 535 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 782 000	17 687 000	7 982 000	11 650 000
Expenditure	4 761 000	5 527 000	2 331 000	2 629 000
Operating Profit	719 000	3 240 000	704 000	780 000
Financial Income	116 000	12 000	0	18 000
Financial Costs	1 000	18 000	88 000	56 000
Financial Balance	115 000	−6 000	−88 000	−38 000
Earnings Before Tax	833 000	3 234 000	616 000	741 000
Tax	221 000	711 000	136 000	163 000
Net Income	612 000	2 523 000	481 000	578 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	26 000	0	0
Total Current Assets	3 752 000	5 280 000	8 871 000	6 973 000
Total Assets	3 766 000	5 305 000	8 871 000	6 973 000
Total Retained Equity	2 344 000	2 389 000	1 860 000	1 435 000
Total Equity	2 444 000	2 489 000	1 960 000	1 535 000
Total Long-Term Debt	0	0	9 000	0
Total Current Debt	1 322 000	2 816 000	6 902 000	5 438 000
Total Equity and Debt	3 766 000	5 305 000	8 871 000	6 973 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 782 000	17 687 000	7 982 000	11 650 000
Other Income	0	0	0	0
Revenue	6 782 000	17 687 000	7 982 000	11 650 000
Cost of Goods Sold	2 673 000	3 374 000	567 000	793 000
Salary Costs	1 036 000	1 351 000	1 075 000	965 000
Depreciation	12 000	10 000	0	0
Impairment	0	0	0	0
Expenditure	4 761 000	5 527 000	2 331 000	2 629 000
Operating Profit	719 000	3 240 000	704 000	780 000
Financial Income	116 000	12 000	0	18 000
Financial Costs	1 000	18 000	88 000	56 000
Financial Balance	115 000	−6 000	−88 000	−38 000
Dividends	650 000	1 950 000	0	0
Net Income	612 000	2 523 000	481 000	578 000

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	14 000	26 000	0	0
Total Tangible Assets	14 000	26 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	26 000	0	0
Stock	0	1 077 000	7 911 000	6 430 000
Total Investments	0	0	0	0
Cash, Bank	601 000	1 566 000	317 000	158 000
Total Current Assets	3 752 000	5 280 000	8 871 000	6 973 000
Total Assets	3 766 000	5 305 000	8 871 000	6 973 000
Total Equity	2 444 000	2 489 000	1 960 000	1 535 000
Short-Term Group Debt	387 000	450 000	71 000	300 000
Total Long-Term Debt	0	0	9 000	0
Creditors	227 000	539 000	719 000	151 000
Unpaid Taxes	268 000	319 000	179 000	151 000
Dividends	650 000	1 950 000	0	0
Other Current Debt	222 000	451 000	1 077 000	199 000
Total Current Debt	1 322 000	2 816 000	6 902 000	5 438 000
Total Equity and Debt	3 766 000	5 305 000	8 871 000	6 973 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,04 %	101,37 %	24,54 %	37,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,6 %	18,32 %	8,82 %	6,7 %
Current Ratio	2,84	1,88	1,29	1,28
Quick Ratio	2,84	3,04	−8,79	−7,03
Equity Ratio	0,65	0,47	0,22	0,22
Gross Profit Margin	60,59 %	80,92 %	92,9 %	93,19 %