FLØTTEN TRANSPORT AS

1911 FLATEBY

Finances

Share Ownership

Return on Equity

268,75 %

Current Ratio

0,97

Debt-to-Equity Ratio

6,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 352 000	3 102 000	7 912 000	9 954 000
Net Income	301 000	249 000	−154 000	−430 000
Total Assets	1 448 000	615 000	668 000	2 155 000
Total Equity	112 000	−189 000	−437 000	−283 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 352 000	3 102 000	7 912 000	9 954 000
Expenditure	3 931 000	2 849 000	8 066 000	10 357 000
Operating Profit	420 000	253 000	−154 000	−403 000
Financial Income	0	0	0	1 000
Financial Costs	32 000	29 000	40 000	48 000
Financial Balance	−32 000	−29 000	−40 000	−47 000
Earnings Before Tax	389 000	224 000	−194 000	−450 000
Tax	88 000	−24 000	−40 000	−20 000
Net Income	301 000	249 000	−154 000	−430 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	885 000	160 000	322 000	880 000
Total Current Assets	563 000	455 000	346 000	1 274 000
Total Assets	1 448 000	615 000	668 000	2 155 000
Total Retained Equity	12 000	−289 000	−537 000	−383 000
Total Equity	112 000	−189 000	−437 000	−283 000
Total Long-Term Debt	755 000	0	182 000	556 000
Total Current Debt	581 000	804 000	923 000	1 882 000
Total Equity and Debt	1 448 000	615 000	668 000	2 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 174 000	3 102 000	7 719 000	9 954 000
Other Income	178 000	0	193 000	0
Revenue	4 352 000	3 102 000	7 912 000	9 954 000
Cost of Goods Sold	0	0	0	139 000
Salary Costs	1 712 000	911 000	3 896 000	5 331 000
Depreciation	95 000	122 000	335 000	419 000
Impairment	0	0	150 000	0
Expenditure	3 931 000	2 849 000	8 066 000	10 357 000
Operating Profit	420 000	253 000	−154 000	−403 000
Financial Income	0	0	0	1 000
Financial Costs	32 000	29 000	40 000	48 000
Financial Balance	−32 000	−29 000	−40 000	−47 000
Dividends	0	0	0	0
Net Income	301 000	249 000	−154 000	−430 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	111 000	87 000	47 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	862 000	49 000	236 000	833 000
Total Tangible Assets	862 000	49 000	236 000	833 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	885 000	160 000	322 000	880 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	111 000	45 000	40 000	250 000
Total Current Assets	563 000	455 000	346 000	1 274 000
Total Assets	1 448 000	615 000	668 000	2 155 000
Total Equity	112 000	−189 000	−437 000	−283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	755 000	0	182 000	556 000
Creditors	48 000	168 000	135 000	245 000
Unpaid Taxes	240 000	208 000	239 000	662 000
Dividends	0	0	0	0
Other Current Debt	293 000	270 000	304 000	975 000
Total Current Debt	581 000	804 000	923 000	1 882 000
Total Equity and Debt	1 448 000	615 000	668 000	2 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	268,75 %	−131,75 %	35,24 %	151,94 %
Debt-to-Equity Ratio	6,74	−0	−0,42	−1,96
Operating Profit Margin	9,65 %	8,16 %	−1,95 %	−4,05 %
Current Ratio	0,97	0,57	0,37	0,68
Quick Ratio	0,97	0,57	0,37	0,68
Equity Ratio	0,08	−0,31	−0,65	−0,13
Gross Profit Margin	100 %	100 %	100 %	98,6 %