FLYT INVEST AS

1367 SNARØYA

Finances

Return on Equity

49,71 %

Current Ratio

25,42

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 000	403 000	2 143 000	2 780 000
Net Income	2 750 000	474 000	270 000	2 774 000
Total Assets	5 808 000	5 975 000	7 341 000	8 187 000
Total Equity	5 532 000	5 532 000	6 559 000	6 489 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 000	403 000	2 143 000	2 780 000
Expenditure	532 000	871 000	1 957 000	3 061 000
Operating Profit	−501 000	−468 000	187 000	−281 000
Financial Income	3 261 000	946 000	88 000	3 063 000
Financial Costs	10 000	4 000	4 000	9 000
Financial Balance	3 251 000	942 000	84 000	3 054 000
Earnings Before Tax	2 750 000	474 000	270 000	2 774 000
Tax	0	0	0	0
Net Income	2 750 000	474 000	270 000	2 774 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 588 000	4 732 000	5 176 000	1 123 000
Total Current Assets	1 220 000	1 243 000	2 165 000	7 064 000
Total Assets	5 808 000	5 975 000	7 341 000	8 187 000
Total Retained Equity	5 432 000	5 432 000	6 459 000	6 389 000
Total Equity	5 532 000	5 532 000	6 559 000	6 489 000
Total Long-Term Debt	228 000	272 000	327 000	377 000
Total Current Debt	48 000	171 000	456 000	1 322 000
Total Equity and Debt	5 808 000	5 975 000	7 341 000	8 187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 000	403 000	2 143 000	2 082 000
Other Income	0	0	1 000	698 000
Revenue	31 000	403 000	2 143 000	2 780 000
Cost of Goods Sold	0	100 000	0	10 000
Salary Costs	158 000	405 000	1 563 000	2 296 000
Depreciation	192 000	200 000	200 000	206 000
Impairment	0	0	0	0
Expenditure	532 000	871 000	1 957 000	3 061 000
Operating Profit	−501 000	−468 000	187 000	−281 000
Financial Income	3 261 000	946 000	88 000	3 063 000
Financial Costs	10 000	4 000	4 000	9 000
Financial Balance	3 251 000	942 000	84 000	3 054 000
Dividends	2 750 000	1 500 000	0	300 000
Net Income	2 750 000	474 000	270 000	2 774 000

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	464 000	656 000	856 000	1 055 000
Total Tangible Assets	464 000	656 000	856 000	1 055 000
Total Fiancial Fixed Assets	4 123 000	4 076 000	4 321 000	68 000
Total Fixed Assets	4 588 000	4 732 000	5 176 000	1 123 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	924 000	838 000	561 000	1 766 000
Total Current Assets	1 220 000	1 243 000	2 165 000	7 064 000
Total Assets	5 808 000	5 975 000	7 341 000	8 187 000
Total Equity	5 532 000	5 532 000	6 559 000	6 489 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	228 000	272 000	327 000	377 000
Creditors	19 000	14 000	8 000	6 000
Unpaid Taxes	18 000	101 000	287 000	784 000
Dividends	2 750 000	1 500 000	0	300 000
Other Current Debt	12 000	57 000	161 000	232 000
Total Current Debt	48 000	171 000	456 000	1 322 000
Total Equity and Debt	5 808 000	5 975 000	7 341 000	8 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,71 %	8,57 %	4,12 %	42,75 %
Debt-to-Equity Ratio	0,04	0,05	0,05	0,06
Operating Profit Margin	−1 616,13 %	−116,13 %	8,73 %	−10,11 %
Current Ratio	25,42	7,27	4,75	5,34
Quick Ratio	25,42	7,27	4,75	5,34
Equity Ratio	0,95	0,93	0,89	0,79
Gross Profit Margin	100 %	75,19 %	100 %	99,64 %