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FLEXFUELS AS

931626582AksjeselskapMVA
Municipality
KARMØY
Founded
06.06.2023
Roles
3
Company details
Business address
c/o Gasnor AS, Helganesvegen 59, 4262 AVALDSNES
Municipality
Karmøy
Sector
Private aksjeselskaper mv.
Share capital
30 000 kr(3 000 shares)
Registered
23.06.2023
Purpose
Utvikle prosjekter innen fuelproduksjon og petrokjemisk industri.
Board and management
Pål Vigmostad
Daglig leder
Jostein Hjorteland
Styremedlem
Anders Torp Rød
Styrets leder

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Financials2024
Revenue
3.2 mill
Operating result
-2.9 mill
Net result
-2.9 mill
Assets
18.3 mill
Equity
-2.9 mill
Debt
21.2 mill
Financial health check
Equity ratio
Weak
Current ratio
Weak
Profitability
Weak
Income statement and balance sheet
2024
Income statement
Revenue3.2 mill
Operating costs6.2 mill
= Operating result-2.9 mill
Net finance47k
= Net result-2.9 mill
Balance sheet
Fixed assets0
Current assets18.3 mill
= Total assets18.3 mill
Equity-2.9 mill
Long-term debt0
Short-term debt21.2 mill
= Total debt21.2 mill

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
-91.0%8.1%
Net margin
-89.6%—
Return on assets
-15.8%10.0%
Return on equity
100.9%—
Equity ratio
-15.6%48.8%
Current ratio
0.861.75
Debt-to-equity
-7.390.78

Based on 4607 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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