NORSK FLISVARME AS

1592 VÅLER I ØSTFOLD

Finances

Share Ownership

Return on Equity

84,67 %

Current Ratio

1,39

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 511 000	4 463 000	1 978 000	3 010 000
Net Income	1 254 000	21 000	352 000	75 000
Total Assets	4 915 000	1 596 000	1 464 000	2 065 000
Total Equity	1 481 000	227 000	527 000	175 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 511 000	4 463 000	1 978 000	3 010 000
Expenditure	15 824 000	4 421 000	1 513 000	2 904 000
Operating Profit	1 687 000	41 000	465 000	106 000
Financial Income	28 000	19 000	4 000	2 000
Financial Costs	102 000	34 000	22 000	11 000
Financial Balance	−74 000	−15 000	−18 000	−9 000
Earnings Before Tax	1 612 000	26 000	447 000	97 000
Tax	358 000	6 000	95 000	22 000
Net Income	1 254 000	21 000	352 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	665 000	321 000	0	116 000
Total Current Assets	4 250 000	1 276 000	1 464 000	1 949 000
Total Assets	4 915 000	1 596 000	1 464 000	2 065 000
Total Retained Equity	1 381 000	127 000	427 000	75 000
Total Equity	1 481 000	227 000	527 000	175 000
Total Long-Term Debt	377 000	1 000	1 000	0
Total Current Debt	3 056 000	1 369 000	937 000	1 891 000
Total Equity and Debt	4 915 000	1 596 000	1 464 000	2 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 511 000	4 463 000	1 978 000	3 010 000
Other Income	0	0	0	0
Revenue	17 511 000	4 463 000	1 978 000	3 010 000
Cost of Goods Sold	15 278 000	4 031 000	1 251 000	2 782 000
Salary Costs	30 000	46 000	1 000	0
Depreciation	28 000	0	0	0
Impairment	0	0	0	0
Expenditure	15 824 000	4 421 000	1 513 000	2 904 000
Operating Profit	1 687 000	41 000	465 000	106 000
Financial Income	28 000	19 000	4 000	2 000
Financial Costs	102 000	34 000	22 000	11 000
Financial Balance	−74 000	−15 000	−18 000	−9 000
Dividends	0	321 000	0	0
Net Income	1 254 000	21 000	352 000	75 000

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	665 000	0	0	0
Total Tangible Assets	665 000	0	0	0
Total Fiancial Fixed Assets	0	321 000	0	116 000
Total Fixed Assets	665 000	321 000	0	116 000
Stock	578 000	565 000	720 000	304 000
Total Investments	0	0	0	0
Cash, Bank	1 516 000	228 000	370 000	985 000
Total Current Assets	4 250 000	1 276 000	1 464 000	1 949 000
Total Assets	4 915 000	1 596 000	1 464 000	2 065 000
Total Equity	1 481 000	227 000	527 000	175 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	377 000	1 000	1 000	0
Creditors	1 688 000	503 000	428 000	316 000
Unpaid Taxes	1 515 000	125 000	4 000	200 000
Dividends	0	321 000	0	0
Other Current Debt	−477 000	414 000	411 000	1 351 000
Total Current Debt	3 056 000	1 369 000	937 000	1 891 000
Total Equity and Debt	4 915 000	1 596 000	1 464 000	2 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,67 %	9,25 %	66,79 %	42,86 %
Debt-to-Equity Ratio	0,25	0	0	0
Operating Profit Margin	9,63 %	0,92 %	23,51 %	3,52 %
Current Ratio	1,39	0,93	1,56	1,03
Quick Ratio	1,72	1,59	6,75	1,23
Equity Ratio	0,3	0,14	0,36	0,08
Gross Profit Margin	12,75 %	9,68 %	36,75 %	7,57 %