BALTNOR AS

2500 TYNSET

Finances

Share Ownership

Return on Equity

28,04 %

Current Ratio

3,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 957 000	4 910 000	2 973 000	2 380 000
Net Income	189 000	264 000	51 000	39 000
Total Assets	994 000	950 000	546 000	245 000
Total Equity	674 000	485 000	220 000	169 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 957 000	4 910 000	2 973 000	2 380 000
Expenditure	5 696 000	4 556 000	2 898 000	2 320 000
Operating Profit	261 000	354 000	75 000	60 000
Financial Income	2 000	0	0	0
Financial Costs	15 000	15 000	9 000	9 000
Financial Balance	−13 000	−15 000	−9 000	−9 000
Earnings Before Tax	247 000	339 000	65 000	51 000
Tax	58 000	75 000	14 000	11 000
Net Income	189 000	264 000	51 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	994 000	950 000	546 000	245 000
Total Assets	994 000	950 000	546 000	245 000
Total Retained Equity	644 000	455 000	190 000	139 000
Total Equity	674 000	485 000	220 000	169 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	320 000	465 000	325 000	76 000
Total Equity and Debt	994 000	950 000	546 000	245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 957 000	4 907 000	2 972 000	2 376 000
Other Income	0	4 000	1 000	4 000
Revenue	5 957 000	4 910 000	2 973 000	2 380 000
Cost of Goods Sold	5 503 000	4 416 000	2 796 000	2 240 000
Salary Costs	95 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 696 000	4 556 000	2 898 000	2 320 000
Operating Profit	261 000	354 000	75 000	60 000
Financial Income	2 000	0	0	0
Financial Costs	15 000	15 000	9 000	9 000
Financial Balance	−13 000	−15 000	−9 000	−9 000
Dividends	0	0	0	20 000
Net Income	189 000	264 000	51 000	39 000

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	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	105 000	205 000	275 000	0
Total Investments	0	0	0	0
Cash, Bank	268 000	367 000	115 000	74 000
Total Current Assets	994 000	950 000	546 000	245 000
Total Assets	994 000	950 000	546 000	245 000
Total Equity	674 000	485 000	220 000	169 000
Short-Term Group Debt	10 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	185 000	198 000	189 000	9 000
Unpaid Taxes	−26 000	103 000	29 000	33 000
Dividends	0	0	0	20 000
Other Current Debt	97 000	90 000	93 000	2 000
Total Current Debt	320 000	465 000	325 000	76 000
Total Equity and Debt	994 000	950 000	546 000	245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,04 %	54,43 %	23,18 %	23,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,38 %	7,21 %	2,52 %	2,52 %
Current Ratio	3,11	2,04	1,68	3,22
Quick Ratio	4,62	3,65	10,92	3,22
Equity Ratio	0,68	0,51	0,4	0,69
Gross Profit Margin	7,62 %	10,06 %	5,95 %	5,88 %