FLYING SALES AS

3676 NOTODDEN

Finances

Return on Equity

67,16 %

Current Ratio

3,05

Debt-to-Equity Ratio

2,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 008 000	1 987 000	152 000	80 641 000
Net Income	1 726 000	255 000	−803 000	−1 442 000
Total Assets	11 832 000	14 266 000	13 206 000	15 488 000
Total Equity	2 570 000	2 862 000	1 725 000	1 281 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 008 000	1 987 000	152 000	80 641 000
Expenditure	6 794 000	1 249 000	1 285 000	82 492 000
Operating Profit	2 213 000	738 000	−1 133 000	−1 851 000
Financial Income	0	18 000	200 000	253 000
Financial Costs	0	429 000	96 000	250 000
Financial Balance	0	−411 000	104 000	3 000
Earnings Before Tax	2 213 000	327 000	−1 029 000	−1 849 000
Tax	487 000	72 000	−226 000	−407 000
Net Income	1 726 000	255 000	−803 000	−1 442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 611 000	3 329 000	5 258 000	6 864 000
Total Current Assets	8 221 000	10 937 000	7 948 000	8 624 000
Total Assets	11 832 000	14 266 000	13 206 000	15 488 000
Total Retained Equity	−2 281 000	−1 989 000	−2 245 000	−1 442 000
Total Equity	2 570 000	2 862 000	1 725 000	1 281 000
Total Long-Term Debt	6 565 000	11 073 000	10 758 000	13 783 000
Total Current Debt	2 698 000	331 000	723 000	425 000
Total Equity and Debt	11 832 000	14 266 000	13 206 000	15 488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 008 000	0	152 000	80 641 000
Other Income	0	1 987 000	0	0
Revenue	9 008 000	1 987 000	152 000	80 641 000
Cost of Goods Sold	5 952 000	0	0	80 373 000
Salary Costs	0	27 000	49 000	643 000
Depreciation	68 000	109 000	163 000	188 000
Impairment	0	0	0	0
Expenditure	6 794 000	1 249 000	1 285 000	82 492 000
Operating Profit	2 213 000	738 000	−1 133 000	−1 851 000
Financial Income	0	18 000	200 000	253 000
Financial Costs	0	429 000	96 000	250 000
Financial Balance	0	−411 000	104 000	3 000
Dividends	0	0	0	0
Net Income	1 726 000	255 000	−803 000	−1 442 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	18 000	44 000	87 000
Total Tangible Assets	2 124 000	2 170 000	4 152 000	6 008 000
Total Fiancial Fixed Assets	1 487 000	1 159 000	1 106 000	856 000
Total Fixed Assets	3 611 000	3 329 000	5 258 000	6 864 000
Stock	6 763 000	6 557 000	6 130 000	5 204 000
Total Investments	0	0	0	0
Cash, Bank	1 407 000	3 154 000	13 000	1 147 000
Total Current Assets	8 221 000	10 937 000	7 948 000	8 624 000
Total Assets	11 832 000	14 266 000	13 206 000	15 488 000
Total Equity	2 570 000	2 862 000	1 725 000	1 281 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 565 000	11 073 000	10 758 000	13 783 000
Creditors	9 000	208 000	49 000	232 000
Unpaid Taxes	0	1 000	0	33 000
Dividends	0	0	0	0
Other Current Debt	2 688 000	122 000	674 000	160 000
Total Current Debt	2 698 000	331 000	723 000	425 000
Total Equity and Debt	11 832 000	14 266 000	13 206 000	15 488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,16 %	8,91 %	−46,55 %	−112,57 %
Debt-to-Equity Ratio	2,55	3,87	6,24	10,76
Operating Profit Margin	24,57 %	37,14 %	−745,39 %	−2,3 %
Current Ratio	3,05	33,04	10,99	20,29
Quick Ratio	−2,02	−1,76	−1,47	−1,8
Equity Ratio	0,22	0,2	0,13	0,08
Gross Profit Margin	33,93 %	100 %	100 %	0,33 %