BIRKENES FORSKALING AS

5590 ETNE

Finances

Share Ownership

Return on Equity

22,47 %

Current Ratio

3,33

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 661 000	3 907 000	5 134 000	4 211 000
Net Income	426 000	479 000	152 000	−50 000
Total Assets	2 852 000	2 566 000	2 564 000	2 641 000
Total Equity	1 896 000	1 620 000	1 141 000	990 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 661 000	3 907 000	5 134 000	4 211 000
Expenditure	3 093 000	3 271 000	4 936 000	3 773 000
Operating Profit	568 000	636 000	228 000	−56 000
Financial Income	5 000	9 000	7 000	6 000
Financial Costs	26 000	32 000	40 000	15 000
Financial Balance	−21 000	−23 000	−33 000	−9 000
Earnings Before Tax	546 000	613 000	194 000	−64 000
Tax	120 000	134 000	43 000	−14 000
Net Income	426 000	479 000	152 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	584 000	782 000	852 000	977 000
Total Current Assets	2 267 000	1 784 000	1 712 000	1 664 000
Total Assets	2 852 000	2 566 000	2 564 000	2 641 000
Total Retained Equity	1 866 000	1 590 000	1 111 000	960 000
Total Equity	1 896 000	1 620 000	1 141 000	990 000
Total Long-Term Debt	276 000	412 000	549 000	140 000
Total Current Debt	680 000	534 000	874 000	1 512 000
Total Equity and Debt	2 852 000	2 566 000	2 564 000	2 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 639 000	3 907 000	5 134 000	4 211 000
Other Income	22 000	0	0	0
Revenue	3 661 000	3 907 000	5 134 000	4 211 000
Cost of Goods Sold	1 690 000	1 488 000	2 995 000	1 848 000
Salary Costs	827 000	974 000	1 198 000	1 237 000
Depreciation	206 000	247 000	237 000	137 000
Impairment	0	0	0	0
Expenditure	3 093 000	3 271 000	4 936 000	3 773 000
Operating Profit	568 000	636 000	228 000	−56 000
Financial Income	5 000	9 000	7 000	6 000
Financial Costs	26 000	32 000	40 000	15 000
Financial Balance	−21 000	−23 000	−33 000	−9 000
Dividends	150 000	0	0	0
Net Income	426 000	479 000	152 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	584 000	782 000	852 000	977 000
Total Tangible Assets	584 000	782 000	852 000	977 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	584 000	782 000	852 000	977 000
Stock	38 000	831 000	99 000	69 000
Total Investments	0	0	0	0
Cash, Bank	1 372 000	944 000	825 000	623 000
Total Current Assets	2 267 000	1 784 000	1 712 000	1 664 000
Total Assets	2 852 000	2 566 000	2 564 000	2 641 000
Total Equity	1 896 000	1 620 000	1 141 000	990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	276 000	412 000	549 000	140 000
Creditors	60 000	158 000	280 000	760 000
Unpaid Taxes	211 000	1 000	206 000	211 000
Dividends	150 000	0	0	0
Other Current Debt	130 000	227 000	497 000	540 000
Total Current Debt	680 000	534 000	874 000	1 512 000
Total Equity and Debt	2 852 000	2 566 000	2 564 000	2 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,47 %	29,57 %	13,32 %	−5,05 %
Debt-to-Equity Ratio	0,15	0,25	0,48	0,14
Operating Profit Margin	15,51 %	16,28 %	4,44 %	−1,33 %
Current Ratio	3,33	3,34	1,96	1,1
Quick Ratio	3,53	−6,01	2,21	1,15
Equity Ratio	0,66	0,63	0,45	0,37
Gross Profit Margin	53,84 %	61,91 %	41,66 %	56,11 %