FLAGSTAD AS

2340 LØTEN

Finances

Share Ownership

Return on Equity

2,95 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 876 000	28 966 000	28 815 000	27 472 000
Net Income	355 000	3 077 000	4 855 000	3 358 000
Total Assets	28 627 000	29 314 000	33 508 000	25 176 000
Total Equity	12 027 000	12 378 000	12 706 000	12 880 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 876 000	28 966 000	28 815 000	27 472 000
Expenditure	28 003 000	24 923 000	22 518 000	23 226 000
Operating Profit	874 000	4 044 000	6 297 000	4 245 000
Financial Income	156 000	9 000	43 000	146 000
Financial Costs	573 000	201 000	114 000	84 000
Financial Balance	−417 000	−192 000	−71 000	62 000
Earnings Before Tax	457 000	3 852 000	6 225 000	4 307 000
Tax	101 000	775 000	1 370 000	949 000
Net Income	355 000	3 077 000	4 855 000	3 358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 166 000	11 655 000	14 481 000	10 012 000
Total Current Assets	14 461 000	17 659 000	19 028 000	15 163 000
Total Assets	28 627 000	29 314 000	33 508 000	25 176 000
Total Retained Equity	3 180 000	3 531 000	3 858 000	4 032 000
Total Equity	12 027 000	12 378 000	12 706 000	12 880 000
Total Long-Term Debt	8 141 000	5 947 000	8 935 000	3 217 000
Total Current Debt	8 459 000	10 988 000	11 868 000	9 079 000
Total Equity and Debt	28 627 000	29 314 000	33 508 000	25 176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 870 000	28 962 000	28 061 000	27 432 000
Other Income	7 000	5 000	753 000	39 000
Revenue	28 876 000	28 966 000	28 815 000	27 472 000
Cost of Goods Sold	3 205 000	3 081 000	3 363 000	2 784 000
Salary Costs	13 299 000	12 478 000	11 513 000	12 245 000
Depreciation	2 741 000	2 444 000	2 122 000	1 779 000
Impairment	62 000	0	0	0
Expenditure	28 003 000	24 923 000	22 518 000	23 226 000
Operating Profit	874 000	4 044 000	6 297 000	4 245 000
Financial Income	156 000	9 000	43 000	146 000
Financial Costs	573 000	201 000	114 000	84 000
Financial Balance	−417 000	−192 000	−71 000	62 000
Dividends	0	0	0	0
Net Income	355 000	3 077 000	4 855 000	3 358 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	7 000
Machinery and Plant Facilities	13 404 000	11 024 000	13 634 000	8 913 000
Fixtures	763 000	631 000	847 000	1 092 000
Total Tangible Assets	14 166 000	11 655 000	14 481 000	10 012 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 166 000	11 655 000	14 481 000	10 012 000
Stock	420 000	455 000	499 000	427 000
Total Investments	0	0	0	0
Cash, Bank	254 000	0	140 000	708 000
Total Current Assets	14 461 000	17 659 000	19 028 000	15 163 000
Total Assets	28 627 000	29 314 000	33 508 000	25 176 000
Total Equity	12 027 000	12 378 000	12 706 000	12 880 000
Short-Term Group Debt	906 000	3 926 000	6 448 000	4 474 000
Total Long-Term Debt	8 141 000	5 947 000	8 935 000	3 217 000
Creditors	1 926 000	2 131 000	1 469 000	1 056 000
Unpaid Taxes	2 209 000	2 196 000	2 578 000	2 010 000
Dividends	0	0	0	0
Other Current Debt	3 418 000	2 735 000	1 373 000	1 539 000
Total Current Debt	8 459 000	10 988 000	11 868 000	9 079 000
Total Equity and Debt	28 627 000	29 314 000	33 508 000	25 176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,95 %	24,86 %	38,21 %	26,07 %
Debt-to-Equity Ratio	0,68	0,48	0,7	0,25
Operating Profit Margin	3,03 %	13,96 %	21,85 %	15,45 %
Current Ratio	1,71	1,61	1,6	1,67
Quick Ratio	1,8	1,68	1,67	1,75
Equity Ratio	0,42	0,42	0,38	0,51
Gross Profit Margin	88,9 %	89,36 %	88,33 %	89,87 %