FLEXTOOLS AS
Flextools - grow revenues from batteries, wind, and flexible assets
Flextools is the leading Nordic provider of software and hardware for businesses to grow revenues from flexible energy assets like batteries, wind, solar, and others. We have market integrations and turnkey solutions for all major Nordic flexibility markets.
Keywords
consultancyhardwaresoftwareinformation technologytraining
Organization
- CEO
- Chairman of the board
- Years since formation
- 9 years
- since Jun 9, 2015
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 15
Ownership
- Number of shares and share classes
- 411,472
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2023
- 16,663,230
- NOK
- Annual total result 2023
- -12,619,828
- NOK
- Total equity 2023
- 11,348,084
- NOK
Last update: Sep 12, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
MM | Board Member | - |
IH 1990 | Board Member | - |
| Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Dec 11, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 411,472 | 100 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 480,687,433Operating profit 2023: NOK -270,554,431Employees: 264
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 16,663,230 | 13,616,183 | 5,059,380 |
Annual Total Result | -12,619,828 | -6,878,085 | -8,460,908 |
Total assets | 57,309,936 | 40,618,668 | 38,713,909 |
Total liabilities | 45,961,852 | 31,650,756 | 27,867,913 |
Total equity | 11,348,084 | 8,967,912 | 10,845,997 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 16,663,230 | 13,616,183 | 5,059,380 |
Total operating costs | 31,617,725 | 21,914,711 | 15,549,474 |
Operating result | -14,954,494 | -8,298,528 | -10,490,093 |
Financial income/costs | -1,303,217 | -598,150 | -435,832 |
Profit before tax | -16,257,711 | -8,896,678 | -10,925,926 |
Total tax & extraordinary income/cost | -3,637,883 | -2,018,593 | -2,465,018 |
Annual Total Result | -12,619,828 | -6,878,085 | -8,460,908 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 18,204,142 | 21,818,446 | 25,415,013 |
Total current assets | 39,105,795 | 18,800,222 | 13,298,896 |
Total assets | 57,309,936 | 40,618,668 | 38,713,909 |
Short term debt | 40,151,867 | 25,836,361 | 25,914,056 |
Long term debt | 5,809,985 | 5,814,395 | 1,953,857 |
Total liabilities | 45,961,852 | 31,650,756 | 27,867,913 |
Contributed capital | 11,348,084 | 8,967,912 | 10,845,997 |
Retained earnings | 0 | 0 | 0 |
Total equity | 11,348,084 | 8,967,912 | 10,845,997 |
Total equity and liabilities | 57,309,936 | 40,618,668 | 38,713,909 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
1520
Public incorporated enterprises, owned by local government
Standard industrial classification
J
Main industrial area
Information and communication
62
Activity
Computer programming; consultancy and related activities
62.0
Main industrial group
Computer programming, consultancy and related activities
62.02
Industrial group
Computer consultancy activities
62.020
Industrial group
Computer consultancy activities