HENRY FLOSAND AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

27,13 %

Current Ratio

4,44

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 802 000	2 129 000	1 417 000	2 970 000
Net Income	360 000	118 000	−130 000	162 000
Total Assets	1 583 000	1 898 000	2 467 000	2 796 000
Total Equity	1 327 000	966 000	848 000	978 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 802 000	2 129 000	1 417 000	2 970 000
Expenditure	3 335 000	1 950 000	1 532 000	2 694 000
Operating Profit	467 000	178 000	−115 000	277 000
Financial Income	0	0	0	0
Financial Costs	5 000	27 000	52 000	69 000
Financial Balance	−5 000	−27 000	−52 000	−69 000
Earnings Before Tax	463 000	151 000	−167 000	208 000
Tax	103 000	33 000	−37 000	46 000
Net Income	360 000	118 000	−130 000	162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	598 000	1 579 000	2 190 000	2 565 000
Total Current Assets	985 000	319 000	277 000	231 000
Total Assets	1 583 000	1 898 000	2 467 000	2 796 000
Total Retained Equity	1 297 000	936 000	818 000	948 000
Total Equity	1 327 000	966 000	848 000	978 000
Total Long-Term Debt	35 000	774 000	1 585 000	1 707 000
Total Current Debt	222 000	158 000	34 000	111 000
Total Equity and Debt	1 583 000	1 898 000	2 467 000	2 796 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 638 000	1 927 000	1 405 000	2 970 000
Other Income	164 000	202 000	12 000	0
Revenue	3 802 000	2 129 000	1 417 000	2 970 000
Cost of Goods Sold	1 183 000	421 000	213 000	938 000
Salary Costs	658 000	430 000	237 000	484 000
Depreciation	475 000	611 000	599 000	577 000
Impairment	0	0	0	0
Expenditure	3 335 000	1 950 000	1 532 000	2 694 000
Operating Profit	467 000	178 000	−115 000	277 000
Financial Income	0	0	0	0
Financial Costs	5 000	27 000	52 000	69 000
Financial Balance	−5 000	−27 000	−52 000	−69 000
Dividends	0	0	0	0
Net Income	360 000	118 000	−130 000	162 000

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	598 000	1 579 000	2 190 000	2 565 000
Total Tangible Assets	598 000	1 579 000	2 190 000	2 565 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	598 000	1 579 000	2 190 000	2 565 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	975 000	265 000	253 000	201 000
Total Current Assets	985 000	319 000	277 000	231 000
Total Assets	1 583 000	1 898 000	2 467 000	2 796 000
Total Equity	1 327 000	966 000	848 000	978 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 000	774 000	1 585 000	1 707 000
Creditors	18 000	31 000	5 000	33 000
Unpaid Taxes	2 000	4 000	7 000	−9 000
Dividends	0	0	0	0
Other Current Debt	60 000	39 000	22 000	47 000
Total Current Debt	222 000	158 000	34 000	111 000
Total Equity and Debt	1 583 000	1 898 000	2 467 000	2 796 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,13 %	12,22 %	−15,33 %	16,56 %
Debt-to-Equity Ratio	0,03	0,8	1,87	1,75
Operating Profit Margin	12,28 %	8,36 %	−8,12 %	9,33 %
Current Ratio	4,44	2,02	8,15	2,08
Quick Ratio	4,44	2,02	8,15	2,08
Equity Ratio	0,84	0,51	0,34	0,35
Gross Profit Margin	68,88 %	80,23 %	84,97 %	68,42 %