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FLEXTOOLS AS

FLEXTOOLS AS915 499 511

IT services
Limited company
Strandveien 17 1366 LYSAKER, Norge

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

Links

Organization

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: Nov 21, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: Dec 12, 2024

Ownership

Company shareholders

NameShare classNumber of sharesShare
Å
Å ENERGI FLEKSIBILITET AS
Ordinary shares
411,472
100 %
Last update: May 24, 2024

Group structure

  • Total operating income 2023: NOK 480,687,433
    Operating profit 2023: NOK -270,554,431
    Employees: 265

Financials

in NOK

Summary

Year202320222021
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

Year202320222021
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

Year202320222021
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

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