FLAMEK LTD

6060 HAREID

Finances

Return on Equity

−45,71 %

Current Ratio

0,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 000	113 000	47 000	109 000
Net Income	−32 000	44 000	−31 000	33 000
Total Assets	287 000	315 000	230 000	242 000
Total Equity	70 000	102 000	58 000	88 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 000	113 000	47 000	109 000
Expenditure	63 000	69 000	78 000	75 000
Operating Profit	−32 000	44 000	−31 000	33 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−32 000	44 000	−31 000	33 000
Tax	0	0	0	0
Net Income	−32 000	44 000	−31 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	150 000	150 000	150 000
Total Current Assets	138 000	165 000	81 000	92 000
Total Assets	287 000	315 000	230 000	242 000
Total Retained Equity	70 000	102 000	58 000	88 000
Total Equity	70 000	102 000	58 000	88 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	217 000	213 000	173 000	154 000
Total Equity and Debt	287 000	315 000	230 000	242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 000	113 000	47 000	108 000
Other Income	0	0	0	1 000
Revenue	31 000	113 000	47 000	109 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	63 000	69 000	78 000	75 000
Operating Profit	−32 000	44 000	−31 000	33 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−32 000	44 000	−31 000	33 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	150 000	150 000	150 000	150 000
Total Fixed Assets	150 000	150 000	150 000	150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	99 000	24 000	22 000	13 000
Total Current Assets	138 000	165 000	81 000	92 000
Total Assets	287 000	315 000	230 000	242 000
Total Equity	70 000	102 000	58 000	88 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	96 000	71 000	48 000	24 000
Unpaid Taxes	6 000	27 000	11 000	15 000
Dividends	0	0	0	0
Other Current Debt	115 000	115 000	115 000	115 000
Total Current Debt	217 000	213 000	173 000	154 000
Total Equity and Debt	287 000	315 000	230 000	242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,71 %	43,14 %	−53,45 %	37,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−103,23 %	38,94 %	−65,96 %	30,28 %
Current Ratio	0,64	0,77	0,47	0,6
Quick Ratio	0,64	0,77	0,47	0,6
Equity Ratio	0,24	0,32	0,25	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %