Flikk AS
ASDissolvedOrg 920214754Sørstrandsvegen 227, 6823 SandaneProgrammeringstjenester· NACE 62010Est. 2017 · 8 years old0 employees
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Overview
Flikk AS is a Norwegian AS based in Sandane, operating in the Programmeringstjenester sector. Incorporated in 2017, the company has 0 employees and reported revenue of NOK 0 in its latest annual filing.
Revenue 2020
0M NOK
EBITDA margin
—
Net profit 2020
0M NOK
+100% vs 2019
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
9.6 %
WeakAmong the 30% lowest rated companies in the industry
20172020
Liquidity ratioCurrent assets ÷ Short-term debt
1.1×
WeakAmong the 40% lowest rated companies in the industry
20172020
Return on assets (ROA)Net profit ÷ Total assets × 100
0.0 %
AverageAround the average of companies in the same industry
20172020
EBITDA — year on year
NOK thousandsKey figures
Annual report 2020| Revenue | 0M NOK | — |
| EBITDA | -0M NOK | +100% |
| Net profit | 0M NOK | +100% |
| Total assets | 8.7M NOK | +22% |
| Equity | 0.8M NOK | -88% |
| Employees | 0 | — |
Company information
Legal name
FLIKK AS
Org number
920214754
Legal form
Aksjeselskap
NACE code
62010 · Programmeringstjenester
Founded
8 December 2017 · 8 years
Share capital
NOK 828,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2020-12-31
Financial year
January – December
Signatory rights
Daglig leder og ett styremedlem i fellesskap
Company purpose
Utvikling og sal av applikasjonar, elektronikk og konsulenttenester, og andre produkt som naturleg fell saman med dette, her under å delta i andre selskap med liknande verksemd.
(no translation available)
Address
Sørstrandsvegen 227, 6823 Sandane
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Financial development
In its most recent annual report (2020), Flikk AS reported revenue of NOK 0. The figures on this page draw on 4 annual filings covering 2017 to 2020. The bottom line showed a net profit of NOK 647.
At the end of 2020, equity financed 9.6% of the balance sheet, and current assets covered short-term debt 1.1 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 14 | 0 |
| Staff expenses | -0 | -1,400 | -1,998 | -0 |
| EBITDA | -24 | -4,934 | -5,604 | 0 |
| Depreciation & amort. | -0 | -1,018 | -1,341 | -0 |
| EBIT | -24 | -5,952 | -6,945 | 0 |
| Net financials | 25 | 10 | -93 | 0 |
| Profit before tax | 1 | -5,942 | -7,038 | 0 |
| Tax | 0 | -1,307 | -1,620 | -0 |
| Net profit | 1 | -4,635 | -5,418 | 0 |
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Balance sheet
NOK thousands| Item | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|
| Total assets | 8,743 | 7,176 | 17,091 | 8,000 |
| Equity | 837 | 7,176 | 8,203 | 8,000 |
| Long-term debt | 0 | 0 | 59 | 0 |
| Short-term debt | 7,906 | 0 | 8,829 | 0 |
| Total debt | 7,906 | 0 | 8,888 | 0 |
Financial ratios
5-year trendEBITDA margin
<−999 %
20172020
Equity ratio
9.6 %
WeakAmong the 30% lowest rated companies in the industry
20172020
Return on equity
0.1 %
AverageAround the average of companies in the same industry
20172020
Net profit margin
>999 %
20172020
Asset turnover
0.00×
Very weakAmong the 10% lowest rated companies in the industry
20172020
Debt / equity
9.45×
Very weakAmong the 10% lowest rated companies in the industry
20172020
Sector performance
22 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on equity (ROE)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Average
Around the average of companies in the same 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)Average
Around the average of companies in the same 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 ratioWeak
Among the 40% lowest 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 ratioWeak
Among the 40% lowest 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 ratioAverage
Around the average of companies in the same industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 10% lowest 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 ratioVery weak
Among the 10% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 30% lowest 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 ratioWeak
Among the 30% lowest 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 weak
Among the 10% lowest 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 weak
Among the 10% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same 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 marginAverage
Around the average of companies in the same 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 40% 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 equityVery weak
Among the 10% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
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.
One-year change in debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- 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 |
|---|---|---|
| Current (2) | ||
BD Chief Executive Officer | Chief Executive Officer | 2019 |
EÅ Deputy Member | Deputy Member | 2021 |
Former (1)
AS Deputy Member | Deputy Member | 2021 – 2021 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
ØV Chairman | Chairman | 2021 |
Former (1)
MH Chairman | Chairman | 2021 – 2021 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 |
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Related companies
Company hierarchy
Sogn Og Fjordane Energi As
Flikk AS Board network connections
Board members of Flikk AS also hold positions in 58 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Asle Svein Grotle | Deputy Member | 18 companiesMany roles |
| Martin Holvik | Chairman | 18 companiesMany roles |
| Øystein Vikingsen Fauske | Chairman | 14 companiesMany roles |
| Eli Årland | Deputy Member | 7 companiesMany roles |
| Bjarne Dybvik | Chief Executive Officer | 1 company |
Frequently asked questions
What is the Org number of Flikk AS?
Flikk AS is registered with Brønnøysundsregistrene under Org 920214754.
Who is the CEO of Flikk AS?
Bjarne Dybvik is the CEO of Flikk AS, in role since 2019.
Who is the chairman of Flikk AS?
Øystein Vikingsen Fauske chairs the board of Flikk AS, in role since 2021.
Where is Flikk AS headquartered?
Flikk AS's registered address is Sørstrandsvegen 227.