FLEXI SERVICE AS

5177 BJØRØYHAMN

Finances

Share Ownership

Return on Equity

31,75 %

Current Ratio

0,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 485 000	2 700 000	2 046 000	1 959 000
Net Income	221 000	−18 000	258 000	185 000
Total Assets	1 822 000	1 293 000	1 168 000	882 000
Total Equity	696 000	475 000	494 000	236 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 485 000	2 700 000	2 046 000	1 959 000
Expenditure	2 221 000	2 642 000	1 691 000	1 743 000
Operating Profit	265 000	59 000	356 000	215 000
Financial Income	0	0	0	0
Financial Costs	28 000	0	26 000	0
Financial Balance	−28 000	0	−26 000	0
Earnings Before Tax	237 000	59 000	329 000	215 000
Tax	16 000	77 000	72 000	30 000
Net Income	221 000	−18 000	258 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 056 000	292 000	350 000	304 000
Total Current Assets	765 000	1 001 000	817 000	578 000
Total Assets	1 822 000	1 293 000	1 168 000	882 000
Total Retained Equity	596 000	375 000	394 000	136 000
Total Equity	696 000	475 000	494 000	236 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 126 000	818 000	674 000	646 000
Total Equity and Debt	1 822 000	1 293 000	1 168 000	882 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 485 000	2 700 000	2 046 000	1 959 000
Other Income	0	0	0	0
Revenue	2 485 000	2 700 000	2 046 000	1 959 000
Cost of Goods Sold	659 000	830 000	580 000	515 000
Salary Costs	695 000	682 000	431 000	547 000
Depreciation	88 000	77 000	80 000	75 000
Impairment	0	0	0	0
Expenditure	2 221 000	2 642 000	1 691 000	1 743 000
Operating Profit	265 000	59 000	356 000	215 000
Financial Income	0	0	0	0
Financial Costs	28 000	0	26 000	0
Financial Balance	−28 000	0	−26 000	0
Dividends	0	0	0	0
Net Income	221 000	−18 000	258 000	185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	57 000	82 000	107 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000 000	210 000	243 000	304 000
Total Tangible Assets	1 056 000	292 000	350 000	304 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 056 000	292 000	350 000	304 000
Stock	55 000	236 000	109 000	73 000
Total Investments	0	0	0	0
Cash, Bank	359 000	211 000	96 000	55 000
Total Current Assets	765 000	1 001 000	817 000	578 000
Total Assets	1 822 000	1 293 000	1 168 000	882 000
Total Equity	696 000	475 000	494 000	236 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	224 000	35 000	31 000	19 000
Unpaid Taxes	701 000	392 000	266 000	168 000
Dividends	0	0	0	0
Other Current Debt	179 000	241 000	305 000	429 000
Total Current Debt	1 126 000	818 000	674 000	646 000
Total Equity and Debt	1 822 000	1 293 000	1 168 000	882 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,75 %	−3,79 %	52,23 %	78,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,66 %	2,19 %	17,4 %	10,97 %
Current Ratio	0,68	1,22	1,21	0,89
Quick Ratio	0,71	1,72	1,45	1,01
Equity Ratio	0,38	0,37	0,42	0,27
Gross Profit Margin	73,48 %	69,26 %	71,65 %	73,71 %