FLØTRE MASKIN AS

6826 BYRKJELO

Finances

Share Ownership

Return on Equity

33,46 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 248 000	8 522 000	8 516 000	7 579 000
Net Income	631 000	649 000	230 000	−143 000
Total Assets	7 064 000	5 750 000	4 792 000	4 952 000
Total Equity	1 886 000	1 254 000	1 298 000	1 068 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 248 000	8 522 000	8 516 000	7 579 000
Expenditure	6 126 000	7 529 000	8 013 000	7 445 000
Operating Profit	1 121 000	995 000	503 000	136 000
Financial Income	8 000	4 000	6 000	6 000
Financial Costs	305 000	259 000	259 000	285 000
Financial Balance	−297 000	−255 000	−253 000	−279 000
Earnings Before Tax	825 000	739 000	251 000	−143 000
Tax	193 000	90 000	21 000	0
Net Income	631 000	649 000	230 000	−143 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	847 000	1 123 000	222 000	271 000
Total Current Assets	6 217 000	4 628 000	4 570 000	4 681 000
Total Assets	7 064 000	5 750 000	4 792 000	4 952 000
Total Retained Equity	1 479 000	847 000	198 000	−32 000
Total Equity	1 886 000	1 254 000	1 298 000	1 068 000
Total Long-Term Debt	1 522 000	1 793 000	733 000	833 000
Total Current Debt	3 657 000	2 703 000	2 760 000	3 050 000
Total Equity and Debt	7 064 000	5 750 000	4 792 000	4 952 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 246 000	8 522 000	8 516 000	7 579 000
Other Income	2 000	0	0	0
Revenue	7 248 000	8 522 000	8 516 000	7 579 000
Cost of Goods Sold	3 685 000	5 422 000	6 023 000	5 312 000
Salary Costs	813 000	730 000	818 000	990 000
Depreciation	276 000	165 000	84 000	99 000
Impairment	0	0	0	0
Expenditure	6 126 000	7 529 000	8 013 000	7 445 000
Operating Profit	1 121 000	995 000	503 000	136 000
Financial Income	8 000	4 000	6 000	6 000
Financial Costs	305 000	259 000	259 000	285 000
Financial Balance	−297 000	−255 000	−253 000	−279 000
Dividends	0	0	0	0
Net Income	631 000	649 000	230 000	−143 000

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	812 000	1 088 000	187 000	236 000
Total Tangible Assets	812 000	1 088 000	187 000	236 000
Total Fiancial Fixed Assets	35 000	35 000	35 000	35 000
Total Fixed Assets	847 000	1 123 000	222 000	271 000
Stock	3 569 000	3 364 000	3 268 000	3 843 000
Total Investments	0	0	0	0
Cash, Bank	43 000	31 000	40 000	62 000
Total Current Assets	6 217 000	4 628 000	4 570 000	4 681 000
Total Assets	7 064 000	5 750 000	4 792 000	4 952 000
Total Equity	1 886 000	1 254 000	1 298 000	1 068 000
Short-Term Group Debt	0	0	0	69 000
Total Long-Term Debt	1 522 000	1 793 000	733 000	833 000
Creditors	1 404 000	939 000	1 273 000	830 000
Unpaid Taxes	491 000	281 000	206 000	274 000
Dividends	0	0	0	0
Other Current Debt	473 000	458 000	69 000	98 000
Total Current Debt	3 657 000	2 703 000	2 760 000	3 050 000
Total Equity and Debt	7 064 000	5 750 000	4 792 000	4 952 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,46 %	51,75 %	17,72 %	−13,39 %
Debt-to-Equity Ratio	0,81	1,43	0,56	0,78
Operating Profit Margin	15,47 %	11,68 %	5,91 %	1,79 %
Current Ratio	1,7	1,71	1,66	1,53
Quick Ratio	70,65	−7	−9	−5,9
Equity Ratio	0,27	0,22	0,27	0,22
Gross Profit Margin	49,16 %	36,38 %	29,27 %	29,91 %