FLAGET GRUPPEN AS

3300 HOKKSUND

Finances

Return on Equity

15,08 %

Current Ratio

1,2

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	266 811 000	140 621 000	168 937 000	112 326 000
Net Income	5 980 000	6 216 000	12 487 000	2 872 000
Total Assets	212 751 000	151 299 000	138 413 000	141 287 000
Total Equity	39 649 000	33 179 000	26 963 000	13 339 000

Income (NOK)	2022	2021	2020	2019
Revenue	266 811 000	140 621 000	168 937 000	112 326 000
Expenditure	257 030 000	131 501 000	130 888 000	108 274 000
Operating Profit	9 781 000	9 120 000	10 806 000	4 052 000
Financial Income	593 000	642 000	5 275 000	1 119 000
Financial Costs	2 890 000	1 415 000	1 205 000	1 522 000
Financial Balance	−2 297 000	−773 000	4 070 000	−403 000
Earnings Before Tax	7 484 000	8 347 000	14 876 000	3 649 000
Tax	1 504 000	2 131 000	2 390 000	777 000
Net Income	5 980 000	6 216 000	12 487 000	2 872 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 490 000	69 113 000	59 994 000	43 205 000
Total Current Assets	131 262 000	82 186 000	78 419 000	98 082 000
Total Assets	212 751 000	151 299 000	138 413 000	141 287 000
Total Retained Equity	34 539 000	28 069 000	21 853 000	8 229 000
Total Equity	39 649 000	33 179 000	26 963 000	13 339 000
Total Long-Term Debt	63 653 000	50 627 000	50 471 000	42 548 000
Total Current Debt	109 449 000	67 493 000	60 980 000	85 400 000
Total Equity and Debt	212 751 000	151 299 000	138 413 000	141 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	262 574 000	139 656 000	167 688 000	111 599 000
Other Income	4 237 000	964 000	1 249 000	727 000
Revenue	266 811 000	140 621 000	168 937 000	112 326 000
Cost of Goods Sold	190 185 000	73 037 000	83 366 000	61 276 000
Salary Costs	43 472 000	41 725 000	35 894 000	37 069 000
Depreciation	1 141 000	2 625 000	2 518 000	2 396 000
Impairment	0	0	0	0
Expenditure	257 030 000	131 501 000	130 888 000	108 274 000
Operating Profit	9 781 000	9 120 000	10 806 000	4 052 000
Financial Income	593 000	642 000	5 275 000	1 119 000
Financial Costs	2 890 000	1 415 000	1 205 000	1 522 000
Financial Balance	−2 297 000	−773 000	4 070 000	−403 000
Dividends	0	0	0	0
Net Income	5 980 000	6 216 000	12 487 000	2 872 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	796 000	1 592 000
Total Intangible Assets	0	0	796 000	1 592 000
Real Eastate	56 511 000	47 019 000	37 685 000	29 387 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 752 000	6 066 000	6 574 000	5 266 000
Total Tangible Assets	62 263 000	53 085 000	44 258 000	34 653 000
Total Fiancial Fixed Assets	19 227 000	16 028 000	14 940 000	6 960 000
Total Fixed Assets	81 490 000	69 113 000	59 994 000	43 205 000
Stock	14 832 000	28 847 000	42 373 000	68 133 000
Total Investments	300 000	300 000	300 000	300 000
Cash, Bank	3 828 000	19 143 000	4 028 000	11 744 000
Total Current Assets	131 262 000	82 186 000	78 419 000	98 082 000
Total Assets	212 751 000	151 299 000	138 413 000	141 287 000
Total Equity	39 649 000	33 179 000	26 963 000	13 339 000
Short-Term Group Debt	0	0	11 612 000	0
Total Long-Term Debt	63 653 000	50 627 000	50 471 000	42 548 000
Creditors	19 221 000	6 674 000	11 031 000	12 639 000
Unpaid Taxes	10 409 000	7 021 000	6 173 000	6 452 000
Dividends	0	0	0	0
Other Current Debt	38 292 000	33 610 000	20 058 000	28 116 000
Total Current Debt	109 449 000	67 493 000	60 980 000	85 400 000
Total Equity and Debt	212 751 000	151 299 000	138 413 000	141 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,08 %	18,73 %	46,31 %	21,53 %
Debt-to-Equity Ratio	1,61	1,53	1,87	3,19
Operating Profit Margin	3,67 %	6,49 %	6,4 %	3,61 %
Current Ratio	1,2	1,22	1,29	1,15
Quick Ratio	1,39	2,13	4,21	5,68
Equity Ratio	0,19	0,22	0,19	0,09
Gross Profit Margin	28,72 %	48,06 %	50,65 %	45,45 %