FLAMENCO AS

0177 OSLO

Finances

Share Ownership

Return on Equity

−62,75 %

Current Ratio

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 395 000	4 052 000	2 816 000	4 256 000
Net Income	588 000	486 000	−449 000	−1 582 000
Total Assets	7 000	1 354 000	775 000	814 000
Total Equity	−937 000	−1 526 000	−2 012 000	−1 563 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 395 000	4 052 000	2 816 000	4 256 000
Expenditure	806 000	3 565 000	3 250 000	5 819 000
Operating Profit	589 000	487 000	−433 000	−1 563 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	15 000	20 000
Financial Balance	−1 000	−1 000	−15 000	−19 000
Earnings Before Tax	588 000	486 000	−449 000	−1 582 000
Tax	0	0	0	0
Net Income	588 000	486 000	−449 000	−1 582 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	372 000	550 000	750 000
Total Current Assets	0	982 000	225 000	64 000
Total Assets	7 000	1 354 000	775 000	814 000
Total Retained Equity	−967 000	−1 556 000	−2 042 000	−1 593 000
Total Equity	−937 000	−1 526 000	−2 012 000	−1 563 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	944 000	2 880 000	2 787 000	2 562 000
Total Equity and Debt	7 000	1 354 000	775 000	999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	512 000	4 052 000	2 489 000	4 186 000
Other Income	883 000	0	327 000	70 000
Revenue	1 395 000	4 052 000	2 816 000	4 256 000
Cost of Goods Sold	189 000	1 478 000	1 332 000	2 232 000
Salary Costs	300 000	1 149 000	825 000	2 023 000
Depreciation	15 000	200 000	200 000	200 000
Impairment	0	0	0	0
Expenditure	806 000	3 565 000	3 250 000	5 819 000
Operating Profit	589 000	487 000	−433 000	−1 563 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	1 000	15 000	20 000
Financial Balance	−1 000	−1 000	−15 000	−19 000
Dividends	0	0	0	0
Net Income	588 000	486 000	−449 000	−1 582 000

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	7 000	372 000	550 000	750 000
Total Tangible Assets	7 000	372 000	550 000	750 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 000	372 000	550 000	750 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	257 000	181 000	0
Total Current Assets	0	982 000	225 000	64 000
Total Assets	7 000	1 354 000	775 000	814 000
Total Equity	−937 000	−1 526 000	−2 012 000	−1 563 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	116 000	70 000	157 000
Unpaid Taxes	−39 000	117 000	7 000	64 000
Dividends	0	0	0	0
Other Current Debt	983 000	2 647 000	2 710 000	2 341 000
Total Current Debt	944 000	2 880 000	2 787 000	2 562 000
Total Equity and Debt	7 000	1 354 000	775 000	999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,75 %	−31,85 %	22,32 %	101,22 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	42,22 %	12,02 %	−15,38 %	−36,72 %
Current Ratio	0	0,34	0,08	0,02
Quick Ratio	0	0,34	0,08	0,02
Equity Ratio	−133,86	−1,13	−2,6	−1,92
Gross Profit Margin	86,45 %	63,52 %	52,7 %	47,56 %