FLAKK EIENDOM AS

6002 ÅLESUND

Finances

Return on Equity

3,78 %

Current Ratio

49,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 082 000	2 635 000	2 541 000	2 612 000
Net Income	10 335 000	−1 149 000	−2 846 000	−3 262 000
Total Assets	273 890 000	218 286 000	76 109 000	77 418 000
Total Equity	273 701 000	186 053 000	31 702 000	22 548 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 082 000	2 635 000	2 541 000	2 612 000
Expenditure	3 648 000	3 123 000	2 806 000	3 073 000
Operating Profit	8 434 000	−488 000	−266 000	−461 000
Financial Income	7 226 000	670 000	0	1 000
Financial Costs	2 236 000	1 576 000	3 073 000	3 423 000
Financial Balance	4 990 000	−906 000	−3 073 000	−3 422 000
Earnings Before Tax	13 425 000	−1 394 000	−3 339 000	−3 884 000
Tax	3 090 000	−244 000	−493 000	−622 000
Net Income	10 335 000	−1 149 000	−2 846 000	−3 262 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	264 621 000	217 007 000	75 776 000	75 017 000
Total Current Assets	9 268 000	1 279 000	333 000	2 401 000
Total Assets	273 890 000	218 286 000	76 109 000	77 418 000
Total Retained Equity	114 685 000	104 351 000	0	0
Total Equity	273 701 000	186 053 000	31 702 000	22 548 000
Total Long-Term Debt	0	31 904 000	44 106 000	53 827 000
Total Current Debt	189 000	329 000	301 000	1 043 000
Total Equity and Debt	273 890 000	218 286 000	76 109 000	77 418 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 938 000	2 635 000	2 541 000	531 000
Other Income	9 144 000	0	0	2 081 000
Revenue	12 082 000	2 635 000	2 541 000	2 612 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 033 000	1 138 000	1 085 000	1 079 000
Impairment	0	0	0	0
Expenditure	3 648 000	3 123 000	2 806 000	3 073 000
Operating Profit	8 434 000	−488 000	−266 000	−461 000
Financial Income	7 226 000	670 000	0	1 000
Financial Costs	2 236 000	1 576 000	3 073 000	3 423 000
Financial Balance	4 990 000	−906 000	−3 073 000	−3 422 000
Dividends	0	0	0	0
Net Income	10 335 000	−1 149 000	−2 846 000	−3 262 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	722 000	3 813 000	3 568 000	3 075 000
Real Eastate	19 287 000	32 518 000	31 446 000	30 970 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	463 000	480 000	501 000	521 000
Total Tangible Assets	19 750 000	32 998 000	31 946 000	31 491 000
Total Fiancial Fixed Assets	244 149 000	180 196 000	40 261 000	40 451 000
Total Fixed Assets	264 621 000	217 007 000	75 776 000	75 017 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	1 000
Total Current Assets	9 268 000	1 279 000	333 000	2 401 000
Total Assets	273 890 000	218 286 000	76 109 000	77 418 000
Total Equity	273 701 000	186 053 000	31 702 000	22 548 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	31 904 000	44 106 000	53 827 000
Creditors	189 000	191 000	208 000	988 000
Unpaid Taxes	0	0	14 000	2 000
Dividends	0	0	0	0
Other Current Debt	0	138 000	79 000	52 000
Total Current Debt	189 000	329 000	301 000	1 043 000
Total Equity and Debt	273 890 000	218 286 000	76 109 000	77 418 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,78 %	−0,62 %	−8,98 %	−14,47 %
Debt-to-Equity Ratio	0	0,17	1,39	2,39
Operating Profit Margin	69,81 %	−18,52 %	−10,47 %	−17,65 %
Current Ratio	49,04	3,89	1,11	2,3
Quick Ratio	49,04	3,89	1,11	2,3
Equity Ratio	1	0,85	0,42	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %