FLAGET AS

3300 HOKKSUND

Finances

Return on Equity

29,86 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	205 988 000	130 498 000	126 291 000	115 206 000
Net Income	4 495 000	2 866 000	3 068 000	1 727 000
Total Assets	71 787 000	49 504 000	50 494 000	45 314 000
Total Equity	15 055 000	11 265 000	13 721 000	10 948 000

Income (NOK)	2022	2021	2020	2019
Revenue	205 988 000	130 498 000	126 291 000	115 206 000
Expenditure	200 188 000	126 997 000	122 408 000	112 945 000
Operating Profit	5 799 000	3 501 000	3 883 000	2 261 000
Financial Income	442 000	341 000	297 000	282 000
Financial Costs	467 000	164 000	245 000	327 000
Financial Balance	−25 000	177 000	52 000	−45 000
Earnings Before Tax	5 775 000	3 678 000	3 935 000	2 216 000
Tax	1 280 000	812 000	867 000	490 000
Net Income	4 495 000	2 866 000	3 068 000	1 727 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 343 000	8 597 000	9 144 000	7 289 000
Total Current Assets	63 444 000	40 907 000	41 351 000	38 026 000
Total Assets	71 787 000	49 504 000	50 494 000	45 314 000
Total Retained Equity	11 125 000	7 335 000	10 469 000	7 696 000
Total Equity	15 055 000	11 265 000	13 721 000	10 948 000
Total Long-Term Debt	4 942 000	4 608 000	6 424 000	5 569 000
Total Current Debt	51 791 000	33 632 000	30 349 000	28 798 000
Total Equity and Debt	71 787 000	49 504 000	50 494 000	45 314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	203 571 000	129 896 000	125 744 000	114 716 000
Other Income	2 417 000	602 000	548 000	490 000
Revenue	205 988 000	130 498 000	126 291 000	115 206 000
Cost of Goods Sold	139 187 000	70 456 000	74 754 000	65 502 000
Salary Costs	40 104 000	41 725 000	35 894 000	37 069 000
Depreciation	1 688 000	1 563 000	1 457 000	1 334 000
Impairment	0	0	0	0
Expenditure	200 188 000	126 997 000	122 408 000	112 945 000
Operating Profit	5 799 000	3 501 000	3 883 000	2 261 000
Financial Income	442 000	341 000	297 000	282 000
Financial Costs	467 000	164 000	245 000	327 000
Financial Balance	−25 000	177 000	52 000	−45 000
Dividends	0	0	0	0
Net Income	4 495 000	2 866 000	3 068 000	1 727 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 039 000	1 998 000	2 102 000	2 019 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 630 000	6 066 000	6 515 000	5 266 000
Total Tangible Assets	7 670 000	8 065 000	8 617 000	7 286 000
Total Fiancial Fixed Assets	673 000	533 000	527 000	3 000
Total Fixed Assets	8 343 000	8 597 000	9 144 000	7 289 000
Stock	371 000	265 000	245 000	392 000
Total Investments	300 000	300 000	300 000	300 000
Cash, Bank	1 247 000	5 624 000	1 234 000	8 111 000
Total Current Assets	63 444 000	40 907 000	41 351 000	38 026 000
Total Assets	71 787 000	49 504 000	50 494 000	45 314 000
Total Equity	15 055 000	11 265 000	13 721 000	10 948 000
Short-Term Group Debt	904 000	6 000 000	379 000	0
Total Long-Term Debt	4 942 000	4 608 000	6 424 000	5 569 000
Creditors	18 977 000	6 657 000	11 130 000	12 263 000
Unpaid Taxes	9 418 000	6 946 000	6 098 000	6 378 000
Dividends	0	0	0	0
Other Current Debt	12 043 000	14 029 000	11 785 000	10 157 000
Total Current Debt	51 791 000	33 632 000	30 349 000	28 798 000
Total Equity and Debt	71 787 000	49 504 000	50 494 000	45 314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,86 %	25,44 %	22,36 %	15,77 %
Debt-to-Equity Ratio	0,33	0,41	0,47	0,51
Operating Profit Margin	2,82 %	2,68 %	3,07 %	1,96 %
Current Ratio	1,23	1,22	1,36	1,32
Quick Ratio	1,23	1,23	1,37	1,34
Equity Ratio	0,21	0,23	0,27	0,24
Gross Profit Margin	32,43 %	46,01 %	40,81 %	43,14 %