FLØSSVIKA UTVIKLING AS

5911 ALVERSUND

Finances

Share Ownership

Return on Equity

116,06 %

Current Ratio

2,8

Debt-to-Equity Ratio

−13,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 031 000	4 700 000	0	0
Net Income	−1 438 000	186 000	−44 000	−1 481 000
Total Assets	24 348 000	25 912 000	17 952 000	16 087 000
Total Equity	−1 239 000	−750 000	−1 152 000	−1 108 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 031 000	4 700 000	0	0
Expenditure	10 992 000	7 861 000	833 000	7 078 000
Operating Profit	−1 843 000	−108 000	−13 000	−1 465 000
Financial Income	8 000	5 000	0	0
Financial Costs	9 000	98 000	31 000	17 000
Financial Balance	−1 000	−93 000	−31 000	−17 000
Earnings Before Tax	−1 844 000	−201 000	−44 000	−1 481 000
Tax	−406 000	−387 000	0	0
Net Income	−1 438 000	186 000	−44 000	−1 481 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	457 000	319 000	0	0
Total Current Assets	23 891 000	25 593 000	17 952 000	16 087 000
Total Assets	24 348 000	25 912 000	17 952 000	16 087 000
Total Retained Equity	−2 671 000	−1 233 000	−1 418 000	−1 375 000
Total Equity	−1 239 000	−750 000	−1 152 000	−1 108 000
Total Long-Term Debt	17 064 000	18 227 000	10 000 000	4 033 000
Total Current Debt	8 523 000	8 435 000	9 104 000	13 163 000
Total Equity and Debt	24 348 000	25 912 000	17 952 000	16 087 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 031 000	4 700 000	0	0
Other Income	0	0	0	0
Revenue	11 031 000	4 700 000	0	0
Cost of Goods Sold	10 918 000	7 836 000	820 000	7 055 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 992 000	7 861 000	833 000	7 078 000
Operating Profit	−1 843 000	−108 000	−13 000	−1 465 000
Financial Income	8 000	5 000	0	0
Financial Costs	9 000	98 000	31 000	17 000
Financial Balance	−1 000	−93 000	−31 000	−17 000
Dividends	0	0	0	0
Net Income	−1 438 000	186 000	−44 000	−1 481 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	457 000	319 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	457 000	319 000	0	0
Stock	17 992 000	19 874 000	16 820 000	16 000 000
Total Investments	0	0	0	0
Cash, Bank	4 408 000	669 000	1 050 000	13 000
Total Current Assets	23 891 000	25 593 000	17 952 000	16 087 000
Total Assets	24 348 000	25 912 000	17 952 000	16 087 000
Total Equity	−1 239 000	−750 000	−1 152 000	−1 108 000
Short-Term Group Debt	430 000	0	4 886 000	4 588 000
Total Long-Term Debt	17 064 000	18 227 000	10 000 000	4 033 000
Creditors	7 137 000	499 000	450 000	2 048 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	955 000	4 198 000	3 768 000	6 527 000
Total Current Debt	8 523 000	8 435 000	9 104 000	13 163 000
Total Equity and Debt	24 348 000	25 912 000	17 952 000	16 087 000

Financial indicators	2022	2021	2020	2019
Return on Equity	116,06 %	−24,8 %	3,82 %	133,66 %
Debt-to-Equity Ratio	−13,77	−24,3	−8,68	−3,64
Operating Profit Margin	−16,71 %	−2,3 %	-	-
Current Ratio	2,8	3,03	1,97	1,22
Quick Ratio	−2,52	−2,24	−2,33	−5,67
Equity Ratio	−0,05	−0,03	−0,06	−0,07
Gross Profit Margin	1,02 %	−66,72 %	-	-