FLIPPER II AS

5384 TORANGSVÅG

Finances

Return on Equity

71,76 %

Current Ratio

1,2

Debt-to-Equity Ratio

8,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 080 000	17 142 000	11 839 000	12 505 000
Net Income	10 264 000	529 000	727 000	1 644 000
Total Assets	139 850 000	65 448 000	54 800 000	30 779 000
Total Equity	14 304 000	4 040 000	3 512 000	2 784 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 080 000	17 142 000	11 839 000	12 505 000
Expenditure	24 921 000	14 254 000	9 344 000	9 337 000
Operating Profit	19 159 000	2 887 000	2 496 000	3 169 000
Financial Income	244 000	89 000	35 000	37 000
Financial Costs	6 215 000	2 288 000	1 576 000	1 047 000
Financial Balance	−5 971 000	−2 199 000	−1 541 000	−1 010 000
Earnings Before Tax	13 188 000	688 000	956 000	2 159 000
Tax	2 924 000	159 000	228 000	515 000
Net Income	10 264 000	529 000	727 000	1 644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 033 000	59 336 000	50 569 000	23 536 000
Total Current Assets	7 817 000	6 112 000	4 232 000	7 243 000
Total Assets	139 850 000	65 448 000	54 800 000	30 779 000
Total Retained Equity	14 287 000	4 023 000	3 495 000	2 767 000
Total Equity	14 304 000	4 040 000	3 512 000	2 784 000
Total Long-Term Debt	119 040 000	57 722 000	47 241 000	23 639 000
Total Current Debt	6 506 000	3 686 000	4 048 000	4 355 000
Total Equity and Debt	139 850 000	65 448 000	54 800 000	30 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 969 000	11 737 000	10 297 000	11 315 000
Other Income	19 111 000	5 404 000	1 542 000	1 189 000
Revenue	44 080 000	17 142 000	11 839 000	12 505 000
Cost of Goods Sold	1 006 000	374 000	371 000	375 000
Salary Costs	7 947 000	5 682 000	5 777 000	5 123 000
Depreciation	8 147 000	2 493 000	1 485 000	1 736 000
Impairment	0	0	0	0
Expenditure	24 921 000	14 254 000	9 344 000	9 337 000
Operating Profit	19 159 000	2 887 000	2 496 000	3 169 000
Financial Income	244 000	89 000	35 000	37 000
Financial Costs	6 215 000	2 288 000	1 576 000	1 047 000
Financial Balance	−5 971 000	−2 199 000	−1 541 000	−1 010 000
Dividends	0	0	0	0
Net Income	10 264 000	529 000	727 000	1 644 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	95 588 000	19 250 000	17 800 000	17 800 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 728 000	1 078 000	1 353 000	1 640 000
Fixtures	0	0	0	0
Total Tangible Assets	34 239 000	38 724 000	29 362 000	5 566 000
Total Fiancial Fixed Assets	2 206 000	1 362 000	3 407 000	169 000
Total Fixed Assets	132 033 000	59 336 000	50 569 000	23 536 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 309 000	3 853 000	1 437 000	589 000
Total Current Assets	7 817 000	6 112 000	4 232 000	7 243 000
Total Assets	139 850 000	65 448 000	54 800 000	30 779 000
Total Equity	14 304 000	4 040 000	3 512 000	2 784 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	119 040 000	57 722 000	47 241 000	23 639 000
Creditors	560 000	339 000	103 000	272 000
Unpaid Taxes	3 125 000	1 900 000	1 958 000	1 691 000
Dividends	0	0	0	0
Other Current Debt	2 821 000	1 447 000	1 554 000	1 887 000
Total Current Debt	6 506 000	3 686 000	4 048 000	4 355 000
Total Equity and Debt	139 850 000	65 448 000	54 800 000	30 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,76 %	13,09 %	20,7 %	59,05 %
Debt-to-Equity Ratio	8,32	14,29	13,45	8,49
Operating Profit Margin	43,46 %	16,84 %	21,08 %	25,34 %
Current Ratio	1,2	1,66	1,05	1,66
Quick Ratio	1,2	1,66	1,05	1,66
Equity Ratio	0,1	0,06	0,06	0,09
Gross Profit Margin	97,72 %	97,82 %	96,87 %	97 %