FLAPRES LIMITED

1482 NITTEDAL

Finances

Share Ownership

Return on Equity

−740 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	486 000	202 000	1 110 000	550 000
Net Income	−259 000	0	0	11 000
Total Assets	616 000	1 005 000	1 039 000	1 263 000
Total Equity	35 000	294 000	294 000	293 000

Income (NOK)	2022	2021	2020	2019
Revenue	486 000	202 000	1 110 000	550 000
Expenditure	473 000	246 000	1 046 000	558 000
Operating Profit	−258 000	0	1 000	11 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−259 000	0	0	11 000
Tax	0	0	0	0
Net Income	−259 000	0	0	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	22 000	28 000	35 000
Total Current Assets	599 000	983 000	1 012 000	1 228 000
Total Assets	616 000	1 005 000	1 039 000	1 263 000
Total Retained Equity	34 000	293 000	293 000	292 000
Total Equity	35 000	294 000	294 000	293 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	582 000	711 000	746 000	970 000
Total Equity and Debt	616 000	1 005 000	1 039 000	1 263 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	486 000	202 000	1 110 000	550 000
Other Income	0	0	0	0
Revenue	486 000	202 000	1 110 000	550 000
Cost of Goods Sold	214 000	151 000	449 000	353 000
Salary Costs	186 000	56 000	545 000	157 000
Depreciation	4 000	6 000	7 000	9 000
Impairment	0	0	0	0
Expenditure	473 000	246 000	1 046 000	558 000
Operating Profit	−258 000	0	1 000	11 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−259 000	0	0	11 000

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	18 000	22 000	28 000	35 000
Total Tangible Assets	18 000	22 000	28 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	22 000	28 000	35 000
Stock	564 000	938 000	996 000	1 024 000
Total Investments	0	0	0	0
Cash, Bank	29 000	26 000	15 000	20 000
Total Current Assets	599 000	983 000	1 012 000	1 228 000
Total Assets	616 000	1 005 000	1 039 000	1 263 000
Total Equity	35 000	294 000	294 000	293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	99 000
Unpaid Taxes	14 000	22 000	16 000	11 000
Dividends	0	0	0	0
Other Current Debt	567 000	689 000	729 000	851 000
Total Current Debt	582 000	711 000	746 000	970 000
Total Equity and Debt	616 000	1 005 000	1 039 000	1 263 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−740 %	0 %	0 %	3,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−53,09 %	0 %	0,09 %	2 %
Current Ratio	1,03	1,38	1,36	1,27
Quick Ratio	33,28	−4,33	−4,05	−22,74
Equity Ratio	0,06	0,29	0,28	0,23
Gross Profit Margin	55,97 %	25,25 %	59,55 %	35,82 %