Flatlab AS
ASDissolvedOrg 916254903Storlavika 7, 7770 FlatangerMedisinske laboratorietjenester· NACE 86906Est. 2015 · 10 years old0 employees
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Overview
Flatlab AS is a Norwegian AS based in Flatanger, operating in the Medisinske laboratorietjenester sector. Incorporated in 2015, the company has 0 employees and reported revenue of NOK 0 in its latest annual filing.
Revenue 2021
0K NOK
EBITDA margin
—
Net profit 2021
-73.5K NOK
+71% vs 2020
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
98.6 %
Very strongAmong the 10% highest rated companies in the industry
20172021
Liquidity ratioCurrent assets ÷ Short-term debt
72.9×
Very strongAmong the 10% highest rated companies in the industry
20172021
Return on assets (ROA)Net profit ÷ Total assets × 100
-62.2 %
Very weakAmong the 10% lowest rated companies in the industry
20172021
EBITDA — year on year
NOK thousandsKey figures
Annual report 2021| Revenue | 0K NOK | — |
| EBITDA | -94.2K NOK | +71% |
| Net profit | -73.5K NOK | +71% |
| Total assets | 118.1K NOK | -94% |
| Equity | 116.4K NOK | +25% |
| Employees | 0 | — |
Company information
Legal name
FLATLAB AS
Org number
916254903
Legal form
Aksjeselskap
NACE code
86906 · Medisinske laboratorietjenester
Founded
30 October 2015 · 10 years
Share capital
NOK 100,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Laboratorievirksomhet og eventuelt delta i andre lønnsomme selskaper, samt det som står naturlig i forbindelse med dette.
(no translation available)
Address
Storlavika 7, 7770 Flatanger
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Financial development
In its most recent annual report (2021), Flatlab AS reported revenue of NOK 0, a decrease of 100% on the year before. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net loss of NOK 73.5k.
At the end of 2021, equity financed 98.6% of the balance sheet, and current assets covered short-term debt 72.9 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Revenue | 0 | 95 | 276 | 153 | 200 |
| Staff expenses | -0 | -224 | -306 | -116 | -0 |
| EBITDA | -94 | -328 | -1,386 | -5 | 38 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | -94 | -328 | -1,386 | -5 | 38 |
| Net financials | 0 | -0 | -22 | 0 | 0 |
| Profit before tax | -94 | -329 | -1,408 | -5 | 38 |
| Tax | -21 | -72 | -310 | -1 | 9 |
| Net profit | -73 | -256 | -1,099 | -4 | 29 |
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Balance sheet
NOK thousands| Item | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Total assets | 118 | 1,835 | 535 | 486 | 272 |
| Equity | 116 | 93 | -1,002 | 96 | 100 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 2 | 1,742 | 1,537 | 390 | 172 |
| Total debt | 2 | 1,742 | 1,537 | 390 | 172 |
Financial ratios
5-year trendEBITDA margin
<−999 %
20172021
Equity ratio
98.6 %
Very strongAmong the 10% highest rated companies in the industry
20172021
Return on equity
-63.1 %
Very weakAmong the 10% lowest rated companies in the industry
20172021
Net profit margin
<−999 %
20172021
Asset turnover
0.00×
Very weakAmong the 10% lowest rated companies in the industry
20172021
Debt / equity
0.01×
Very strongAmong the 10% highest rated companies in the industry
20172021
Sector performance
23 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on equity (ROE)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very weak
Among the 10% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very weak
Among the 10% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very weak
Among the 10% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery weak
Among the 10% lowest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Liquidity
Current ratioVery strong
Among the 10% highest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioVery strong
Among the 10% highest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery strong
Among the 10% highest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityStrong
Among the 40% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery strong
Among the 10% highest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioStrong
Among the 40% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioVery strong
Among the 10% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioVery strong
Among the 10% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery strong
Among the 10% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery strong
Among the 10% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery weak
Among the 10% lowest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery weak
Among the 10% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest rate on debtVery strong
Among the 10% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 30% lowest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
Efficiency & development
Asset turnoverVery weak
Among the 10% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 30% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityStrong
Among the 30% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (1)
KS Chief Executive Officer | Chief Executive Officer | 2019 – 2022 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
AS Chairman | Chairman | 2019 |
EL Board of Directors | Board of Directors | 2021 |
Former (3)
AA Board of Directors | Board of Directors | 2019 – 2021 |
HH Board of Directors | Board of Directors | 2019 – 2021 |
SD Board of Directors | Board of Directors | 2019 – 2021 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 |
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Related companies
Company hierarchy
Aqua Kompetanse As
Flatlab AS Board network connections
Board members of Flatlab AS also hold positions in 109 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Espen Ledang | Board of Directors | 61 companiesMany roles |
| Hermod Holte Fledsberg | Board of Directors | 30 companiesMany roles |
| Alexander Strøm Lindseth | Chairman | 10 companiesMany roles |
| Anton Anders Giæver | Board of Directors | 4 companies |
| Kristin Sæther | Chief Executive Officer | 2 companies |
| Salve Dahle | Board of Directors | 2 companies |
Frequently asked questions
What is the Org number of Flatlab AS?
Flatlab AS is registered with Brønnøysundsregistrene under Org 916254903.
Who is the chairman of Flatlab AS?
Alexander Strøm Lindseth chairs the board of Flatlab AS, in role since 2019.
Where is Flatlab AS headquartered?
Flatlab AS's registered address is Storlavika 7.