FALANKS INDUSTRIER AS

1176 OSLO

Finances

Return on Equity

−1,02 %

Current Ratio

3,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	292 000	837 000	777 000	622 000
Net Income	−21 000	22 000	21 000	0
Total Assets	2 163 000	2 474 000	2 668 000	2 670 000
Total Equity	2 057 000	2 077 000	2 056 000	2 035 000

Income (NOK)	2022	2021	2020	2019
Revenue	292 000	837 000	777 000	622 000
Expenditure	309 000	840 000	795 000	624 000
Operating Profit	−17 000	−3 000	−18 000	−2 000
Financial Income	101 000	45 000	40 000	2 000
Financial Costs	104 000	20 000	1 000	0
Financial Balance	−3 000	25 000	39 000	2 000
Earnings Before Tax	−20 000	22 000	21 000	0
Tax	1 000	0	0	0
Net Income	−21 000	22 000	21 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 802 000	1 069 000	303 000	303 000
Total Current Assets	361 000	1 405 000	2 366 000	2 368 000
Total Assets	2 163 000	2 474 000	2 668 000	2 670 000
Total Retained Equity	1 357 000	1 377 000	1 356 000	1 335 000
Total Equity	2 057 000	2 077 000	2 056 000	2 035 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	106 000	396 000	612 000	636 000
Total Equity and Debt	2 163 000	2 474 000	2 668 000	2 670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	292 000	837 000	777 000	622 000
Other Income	0	0	0	0
Revenue	292 000	837 000	777 000	622 000
Cost of Goods Sold	0	0	0	0
Salary Costs	66 000	658 000	620 000	617 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	309 000	840 000	795 000	624 000
Operating Profit	−17 000	−3 000	−18 000	−2 000
Financial Income	101 000	45 000	40 000	2 000
Financial Costs	104 000	20 000	1 000	0
Financial Balance	−3 000	25 000	39 000	2 000
Dividends	0	0	0	0
Net Income	−21 000	22 000	21 000	0

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 802 000	1 069 000	303 000	303 000
Total Fixed Assets	1 802 000	1 069 000	303 000	303 000
Stock	59 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	263 000	1 351 000	2 102 000	206 000
Total Current Assets	361 000	1 405 000	2 366 000	2 368 000
Total Assets	2 163 000	2 474 000	2 668 000	2 670 000
Total Equity	2 057 000	2 077 000	2 056 000	2 035 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	21 000	25 000	86 000	18 000
Dividends	0	0	0	0
Other Current Debt	84 000	371 000	526 000	617 000
Total Current Debt	106 000	396 000	612 000	636 000
Total Equity and Debt	2 163 000	2 474 000	2 668 000	2 670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,02 %	1,06 %	1,02 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,82 %	−0,36 %	−2,32 %	−0,32 %
Current Ratio	3,41	3,55	3,87	3,72
Quick Ratio	7,68	3,55	3,87	3,72
Equity Ratio	0,95	0,84	0,77	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %