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Flaget AS
AS
Active
Org 994496166
Industriveien 22, 3300
Hokksund
Construction of residential and non-residential buildings
·
NACE 4100
Est. 2009 · 16 years old
67 employees
www.flagetas.no
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Norway
/
Companies
/
Construction of residential and non-residential buildings
/
Flaget AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
305M
229M
153M
76M
0M
2020: 126M
126M
2020
2021: 130M (+3% vs 2020)
130M
+3%
2021
2022: 206M (+58% vs 2021)
206M
+58%
2022
2023: 245M (+19% vs 2022)
245M
+19%
2023
2024: 181M (-26% vs 2023)
181M
-26%
2024
EBITDA
NOK millions
11M
8M
6M
3M
0M
2020: 5M
5M
2020
2021: 5M (0% vs 2020)
5M
0%
2021
2022: 7M (+40% vs 2021)
7M
+40%
2022
2023: 9M (+29% vs 2022)
9M
+29%
2023
2024: 4M (-56% vs 2023)
4M
-56%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
180 576
245 047
205 988
130 498
126 291
Staff expenses
−45 447
−41 863
−40 104
−41 725
−35 894
EBITDA
4 386
8 981
7 487
5 064
5 340
Depreciation & amort.
−1 540
−1 731
−1 688
−1 563
−1 457
EBIT
2 846
7 250
5 799
3 501
3 883
Net financials
−1 246
−294
−25
177
52
Profit before tax
1 600
6 956
5 775
3 678
3 935
Tax
439
1 537
1 280
812
867
Net profit
1 161
5 419
4 495
2 866
3 068
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
89 446
83 035
71 787
49 504
50 494
Equity
22 434
20 773
15 055
11 265
13 721
Long-term debt
5 168
5 310
4 942
4 608
6 424
Short-term debt
61 844
56 952
51 791
33 632
30 349
Total debt
67 012
62 261
56 733
38 240
36 773
Financial ratios
5-year trend
EBITDA margin
2.4%
This company
15.8%
Market median
This company
Market median
85% below market
2020
2024
Equity ratio
25.1%
This company
38.2%
Market median
This company
Market median
34% below market
2020
2024
Return on equity
5.2%
This company
18.4%
Market median
This company
Market median
72% below market
2020
2024
Net profit margin
0.6%
This company
8.1%
Market median
This company
Market median
93% below market
2020
2024
Asset turnover
2.02×
This company
1.12×
Market median
This company
Market median
80% above market
2020
2024
Debt / equity
2.99×
This company
0.62×
Market median
This company
Market median
382% above market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
More on Flaget AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
