BALESTRAND INVEST AS

5145 FYLLINGSDALEN

Finances

Return on Equity

2 911,83 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	300 000	118 289 000	96 015 000	107 102 000
Net Income	63 274 000	−1 682 000	−7 982 000	4 431 000
Total Assets	2 446 000	51 068 000	52 293 000	59 125 000
Total Equity	2 173 000	4 876 000	5 065 000	16 822 000

Income (NOK)	2022	2021	2020	2019
Revenue	300 000	118 289 000	96 015 000	107 102 000
Expenditure	1 126 000	118 138 000	103 608 000	99 896 000
Operating Profit	−826 000	150 000	−7 594 000	7 207 000
Financial Income	65 065 000	157 000	−199 000	61 000
Financial Costs	965 000	3 504 000	968 000	1 305 000
Financial Balance	64 100 000	−3 347 000	−1 167 000	−1 244 000
Earnings Before Tax	63 274 000	−3 196 000	−8 761 000	5 963 000
Tax	0	−1 514 000	−779 000	1 532 000
Net Income	63 274 000	−1 682 000	−7 982 000	4 431 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 079 000	35 053 000	32 569 000	40 313 000
Total Current Assets	367 000	16 015 000	19 725 000	18 812 000
Total Assets	2 446 000	51 068 000	52 293 000	59 125 000
Total Retained Equity	0	−1 846 000	−336 000	9 826 000
Total Equity	2 173 000	4 876 000	5 065 000	16 822 000
Total Long-Term Debt	0	15 199 000	14 511 000	20 768 000
Total Current Debt	273 000	30 993 000	32 717 000	21 535 000
Total Equity and Debt	2 446 000	51 068 000	52 293 000	59 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	300 000	111 657 000	82 286 000	102 416 000
Other Income	0	6 632 000	13 729 000	4 686 000
Revenue	300 000	118 289 000	96 015 000	107 102 000
Cost of Goods Sold	229 000	7 090 000	518 000	931 000
Salary Costs	0	42 111 000	35 624 000	38 032 000
Depreciation	0	4 364 000	4 612 000	4 299 000
Impairment	0	0	0	0
Expenditure	1 126 000	118 138 000	103 608 000	99 896 000
Operating Profit	−826 000	150 000	−7 594 000	7 207 000
Financial Income	65 065 000	157 000	−199 000	61 000
Financial Costs	965 000	3 504 000	968 000	1 305 000
Financial Balance	64 100 000	−3 347 000	−1 167 000	−1 244 000
Dividends	0	0	0	0
Net Income	63 274 000	−1 682 000	−7 982 000	4 431 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	6 896 000	6 013 000	7 333 000
Total Intangible Assets	0	10 116 000	7 229 000	7 482 000
Real Eastate	0	16 179 000	16 131 000	23 271 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	7 674 000	8 430 000	8 343 000
Total Tangible Assets	0	23 854 000	24 561 000	31 615 000
Total Fiancial Fixed Assets	2 079 000	1 083 000	779 000	1 217 000
Total Fixed Assets	2 079 000	35 053 000	32 569 000	40 313 000
Stock	0	1 080 000	987 000	908 000
Total Investments	0	0	0	0
Cash, Bank	87 000	10 617 000	11 446 000	11 399 000
Total Current Assets	367 000	16 015 000	19 725 000	18 812 000
Total Assets	2 446 000	51 068 000	52 293 000	59 125 000
Total Equity	2 173 000	4 876 000	5 065 000	16 822 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	15 199 000	14 511 000	20 768 000
Creditors	20 000	6 670 000	6 493 000	5 793 000
Unpaid Taxes	13 000	3 528 000	2 630 000	2 769 000
Dividends	0	0	0	0
Other Current Debt	239 000	18 574 000	22 005 000	8 391 000
Total Current Debt	273 000	30 993 000	32 717 000	21 535 000
Total Equity and Debt	2 446 000	51 068 000	52 293 000	59 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 911,83 %	−34,5 %	−157,59 %	26,34 %
Debt-to-Equity Ratio	0	3,12	2,86	1,23
Operating Profit Margin	−275,33 %	0,13 %	−7,91 %	6,73 %
Current Ratio	1,34	0,52	0,6	0,87
Quick Ratio	1,34	0,54	0,62	0,91
Equity Ratio	0,89	0,1	0,1	0,28
Gross Profit Margin	23,67 %	94,01 %	99,46 %	99,13 %