BELLINGMO & STORÅS OLJESERVICE AS

7018 TRONDHEIM

Finances

Share Ownership

Return on Equity

16,22 %

Current Ratio

2,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 487 000	12 153 000	11 523 000	11 081 000
Net Income	325 000	273 000	−59 000	−383 000
Total Assets	3 377 000	2 946 000	3 154 000	3 375 000
Total Equity	2 004 000	1 680 000	1 406 000	1 465 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 487 000	12 153 000	11 523 000	11 081 000
Expenditure	10 083 000	11 612 000	11 690 000	11 592 000
Operating Profit	400 000	280 000	−52 000	−383 000
Financial Income	0	0	1 000	1 000
Financial Costs	10 000	7 000	7 000	6 000
Financial Balance	−10 000	−7 000	−6 000	−5 000
Earnings Before Tax	390 000	273 000	−59 000	−388 000
Tax	65 000	0	0	−5 000
Net Income	325 000	273 000	−59 000	−383 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	386 000	429 000	448 000	674 000
Total Current Assets	2 992 000	2 518 000	2 706 000	2 701 000
Total Assets	3 377 000	2 946 000	3 154 000	3 375 000
Total Retained Equity	1 954 000	1 630 000	1 356 000	1 415 000
Total Equity	2 004 000	1 680 000	1 406 000	1 465 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 373 000	1 267 000	1 748 000	1 910 000
Total Equity and Debt	3 377 000	2 946 000	3 154 000	3 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 487 000	12 127 000	11 523 000	11 081 000
Other Income	0	26 000	0	0
Revenue	10 487 000	12 153 000	11 523 000	11 081 000
Cost of Goods Sold	900 000	2 914 000	3 643 000	3 158 000
Salary Costs	3 630 000	3 752 000	3 580 000	3 419 000
Depreciation	56 000	90 000	87 000	78 000
Impairment	0	0	0	0
Expenditure	10 083 000	11 612 000	11 690 000	11 592 000
Operating Profit	400 000	280 000	−52 000	−383 000
Financial Income	0	0	1 000	1 000
Financial Costs	10 000	7 000	7 000	6 000
Financial Balance	−10 000	−7 000	−6 000	−5 000
Dividends	0	0	0	0
Net Income	325 000	273 000	−59 000	−383 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	52 000	0
Fixtures	155 000	211 000	40 000	130 000
Total Tangible Assets	155 000	211 000	92 000	130 000
Total Fiancial Fixed Assets	231 000	218 000	356 000	544 000
Total Fixed Assets	386 000	429 000	448 000	674 000
Stock	7 000	10 000	271 000	157 000
Total Investments	0	0	0	0
Cash, Bank	1 738 000	1 461 000	1 214 000	852 000
Total Current Assets	2 992 000	2 518 000	2 706 000	2 701 000
Total Assets	3 377 000	2 946 000	3 154 000	3 375 000
Total Equity	2 004 000	1 680 000	1 406 000	1 465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	504 000	495 000	1 069 000	1 058 000
Unpaid Taxes	451 000	467 000	393 000	588 000
Dividends	0	0	0	0
Other Current Debt	352 000	306 000	286 000	264 000
Total Current Debt	1 373 000	1 267 000	1 748 000	1 910 000
Total Equity and Debt	3 377 000	2 946 000	3 154 000	3 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,22 %	16,25 %	−4,2 %	−26,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,81 %	2,3 %	−0,45 %	−3,46 %
Current Ratio	2,18	1,99	1,55	1,41
Quick Ratio	2,19	2	1,83	1,54
Equity Ratio	0,59	0,57	0,45	0,43
Gross Profit Margin	91,42 %	76,02 %	68,38 %	71,5 %