FLEX BASE AS

5036 BERGEN

Finances

Share Ownership

Return on Equity

2,46 %

Current Ratio

2,18

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	492 000	312 000	361 000	358 000
Net Income	181 000	113 000	106 000	103 000
Total Assets	8 085 000	8 802 000	9 225 000	9 328 000
Total Equity	7 354 000	7 173 000	7 511 000	7 405 000

Income (NOK)	2022	2021	2020	2019
Revenue	492 000	312 000	361 000	358 000
Expenditure	274 000	182 000	226 000	221 000
Operating Profit	219 000	130 000	135 000	137 000
Financial Income	15 000	15 000	0	0
Financial Costs	3 000	0	0	5 000
Financial Balance	12 000	15 000	0	−5 000
Earnings Before Tax	232 000	145 000	135 000	133 000
Tax	51 000	32 000	30 000	29 000
Net Income	181 000	113 000	106 000	103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 121 000	6 394 000	3 443 000	3 467 000
Total Current Assets	964 000	2 409 000	5 782 000	5 861 000
Total Assets	8 085 000	8 802 000	9 225 000	9 328 000
Total Retained Equity	7 323 000	7 142 000	7 479 000	7 374 000
Total Equity	7 354 000	7 173 000	7 511 000	7 405 000
Total Long-Term Debt	288 000	375 000	479 000	609 000
Total Current Debt	443 000	1 254 000	1 234 000	1 314 000
Total Equity and Debt	8 085 000	8 802 000	9 225 000	9 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	182 000	112 000	161 000	158 000
Other Income	310 000	200 000	200 000	200 000
Revenue	492 000	312 000	361 000	358 000
Cost of Goods Sold	161 000	95 000	144 000	132 000
Salary Costs	0	0	0	0
Depreciation	36 000	24 000	24 000	24 000
Impairment	0	0	0	0
Expenditure	274 000	182 000	226 000	221 000
Operating Profit	219 000	130 000	135 000	137 000
Financial Income	15 000	15 000	0	0
Financial Costs	3 000	0	0	5 000
Financial Balance	12 000	15 000	0	−5 000
Dividends	0	450 000	0	0
Net Income	181 000	113 000	106 000	103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 119 000	3 414 000	3 435 000	3 456 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	5 000	8 000	11 000
Total Tangible Assets	7 121 000	3 419 000	3 443 000	3 467 000
Total Fiancial Fixed Assets	0	2 975 000	0	0
Total Fixed Assets	7 121 000	6 394 000	3 443 000	3 467 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	171 000	47 000	65 000
Total Current Assets	964 000	2 409 000	5 782 000	5 861 000
Total Assets	8 085 000	8 802 000	9 225 000	9 328 000
Total Equity	7 354 000	7 173 000	7 511 000	7 405 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	288 000	375 000	479 000	609 000
Creditors	61 000	991 000	953 000	995 000
Unpaid Taxes	11 000	4 000	0	10 000
Dividends	0	450 000	0	0
Other Current Debt	233 000	123 000	123 000	123 000
Total Current Debt	443 000	1 254 000	1 234 000	1 314 000
Total Equity and Debt	8 085 000	8 802 000	9 225 000	9 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,46 %	1,58 %	1,41 %	1,39 %
Debt-to-Equity Ratio	0,04	0,05	0,06	0,08
Operating Profit Margin	44,51 %	41,67 %	37,4 %	38,27 %
Current Ratio	2,18	1,92	4,69	4,46
Quick Ratio	2,18	1,92	4,69	4,46
Equity Ratio	0,91	0,81	0,81	0,79
Gross Profit Margin	67,28 %	69,55 %	60,11 %	63,13 %