FLANDER ELEKTRO AS

0667 OSLO

Finances

Return on Equity

32,98 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 966 000	3 725 000	3 786 000	4 997 000
Net Income	250 000	−252 000	−29 000	559 000
Total Assets	1 547 000	1 143 000	1 576 000	3 106 000
Total Equity	758 000	508 000	761 000	790 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 966 000	3 725 000	3 786 000	4 997 000
Expenditure	3 715 000	3 933 000	3 822 000	4 271 000
Operating Profit	249 000	−207 000	−36 000	725 000
Financial Income	1 000	0	0	0
Financial Costs	0	1 000	5 000	6 000
Financial Balance	1 000	−1 000	−5 000	−6 000
Earnings Before Tax	250 000	−208 000	−41 000	719 000
Tax	0	44 000	−11 000	160 000
Net Income	250 000	−252 000	−29 000	559 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	110 000	153 000	182 000
Total Current Assets	1 482 000	1 032 000	1 422 000	2 924 000
Total Assets	1 547 000	1 143 000	1 576 000	3 106 000
Total Retained Equity	657 000	407 000	660 000	689 000
Total Equity	758 000	508 000	761 000	790 000
Total Long-Term Debt	0	0	14 000	67 000
Total Current Debt	788 000	635 000	801 000	2 249 000
Total Equity and Debt	1 547 000	1 143 000	1 576 000	3 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 886 000	3 725 000	3 762 000	4 996 000
Other Income	80 000	0	24 000	1 000
Revenue	3 966 000	3 725 000	3 786 000	4 997 000
Cost of Goods Sold	1 049 000	1 162 000	1 314 000	1 346 000
Salary Costs	1 966 000	1 538 000	1 682 000	2 191 000
Depreciation	31 000	55 000	67 000	71 000
Impairment	0	0	0	0
Expenditure	3 715 000	3 933 000	3 822 000	4 271 000
Operating Profit	249 000	−207 000	−36 000	725 000
Financial Income	1 000	0	0	0
Financial Costs	0	1 000	5 000	6 000
Financial Balance	1 000	−1 000	−5 000	−6 000
Dividends	0	0	0	700 000
Net Income	250 000	−252 000	−29 000	559 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	44 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	86 000	84 000	157 000
Total Tangible Assets	40 000	86 000	84 000	157 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	65 000	110 000	153 000	182 000
Stock	0	29 000	23 000	215 000
Total Investments	0	0	0	0
Cash, Bank	1 149 000	336 000	643 000	1 573 000
Total Current Assets	1 482 000	1 032 000	1 422 000	2 924 000
Total Assets	1 547 000	1 143 000	1 576 000	3 106 000
Total Equity	758 000	508 000	761 000	790 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	14 000	67 000
Creditors	267 000	334 000	268 000	331 000
Unpaid Taxes	337 000	154 000	337 000	867 000
Dividends	0	0	0	700 000
Other Current Debt	185 000	146 000	163 000	192 000
Total Current Debt	788 000	635 000	801 000	2 249 000
Total Equity and Debt	1 547 000	1 143 000	1 576 000	3 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,98 %	−49,61 %	−3,81 %	70,76 %
Debt-to-Equity Ratio	0	0	0,02	0,08
Operating Profit Margin	6,28 %	−5,56 %	−0,95 %	14,51 %
Current Ratio	1,88	1,63	1,78	1,3
Quick Ratio	1,88	1,7	1,83	1,44
Equity Ratio	0,49	0,44	0,48	0,25
Gross Profit Margin	73,55 %	68,81 %	65,29 %	73,06 %