FLOWTECH AS

3232 SANDEFJORD

Finances

Share Ownership

Return on Equity

64 %

Current Ratio

2,78

Debt-to-Equity Ratio

1,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 243 000	12 798 000	7 304 000	6 962 000
Net Income	1 175 000	1 536 000	211 000	96 000
Total Assets	7 062 000	7 636 000	6 803 000	6 067 000
Total Equity	1 836 000	661 000	625 000	413 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 243 000	12 798 000	7 304 000	6 962 000
Expenditure	11 250 000	10 515 000	6 727 000	6 547 000
Operating Profit	1 992 000	2 284 000	577 000	414 000
Financial Income	103 000	44 000	30 000	4 000
Financial Costs	589 000	358 000	336 000	294 000
Financial Balance	−486 000	−314 000	−306 000	−290 000
Earnings Before Tax	1 506 000	1 970 000	271 000	124 000
Tax	332 000	433 000	60 000	28 000
Net Income	1 175 000	1 536 000	211 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 000	3 227 000	3 660 000	2 693 000
Total Current Assets	6 837 000	4 409 000	3 143 000	3 375 000
Total Assets	7 062 000	7 636 000	6 803 000	6 067 000
Total Retained Equity	1 526 000	351 000	315 000	103 000
Total Equity	1 836 000	661 000	625 000	413 000
Total Long-Term Debt	2 763 000	3 330 000	3 417 000	3 050 000
Total Current Debt	2 463 000	3 644 000	2 762 000	2 604 000
Total Equity and Debt	7 062 000	7 636 000	6 803 000	6 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 243 000	12 798 000	7 284 000	6 962 000
Other Income	0	0	20 000	0
Revenue	13 243 000	12 798 000	7 304 000	6 962 000
Cost of Goods Sold	8 570 000	7 848 000	4 447 000	4 204 000
Salary Costs	1 514 000	1 473 000	1 131 000	1 230 000
Depreciation	76 000	74 000	67 000	81 000
Impairment	0	0	0	0
Expenditure	11 250 000	10 515 000	6 727 000	6 547 000
Operating Profit	1 992 000	2 284 000	577 000	414 000
Financial Income	103 000	44 000	30 000	4 000
Financial Costs	589 000	358 000	336 000	294 000
Financial Balance	−486 000	−314 000	−306 000	−290 000
Dividends	0	1 500 000	0	0
Net Income	1 175 000	1 536 000	211 000	96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	208 000	268 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	225 000	301 000	315 000	441 000
Total Tangible Assets	225 000	301 000	315 000	441 000
Total Fiancial Fixed Assets	0	2 925 000	3 137 000	1 984 000
Total Fixed Assets	225 000	3 227 000	3 660 000	2 693 000
Stock	4 212 000	2 996 000	2 957 000	2 567 000
Total Investments	0	0	0	0
Cash, Bank	68 000	73 000	42 000	51 000
Total Current Assets	6 837 000	4 409 000	3 143 000	3 375 000
Total Assets	7 062 000	7 636 000	6 803 000	6 067 000
Total Equity	1 836 000	661 000	625 000	413 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 763 000	3 330 000	3 417 000	3 050 000
Creditors	726 000	583 000	771 000	736 000
Unpaid Taxes	1 083 000	1 119 000	726 000	509 000
Dividends	0	1 500 000	0	0
Other Current Debt	316 000	229 000	196 000	295 000
Total Current Debt	2 463 000	3 644 000	2 762 000	2 604 000
Total Equity and Debt	7 062 000	7 636 000	6 803 000	6 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64 %	232,38 %	33,76 %	23,24 %
Debt-to-Equity Ratio	1,5	5,04	5,47	7,38
Operating Profit Margin	15,04 %	17,85 %	7,9 %	5,95 %
Current Ratio	2,78	1,21	1,14	1,3
Quick Ratio	−3,91	6,8	−16,12	91,22
Equity Ratio	0,26	0,09	0,09	0,07
Gross Profit Margin	35,29 %	38,68 %	39,12 %	39,62 %