BALLISTIC SPORTBOATS AS

4841 ARENDAL

Finances

Share Ownership

Return on Equity

30,42 %

Current Ratio

2,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 835 000	8 648 000	6 533 000	4 227 000
Net Income	659 000	743 000	644 000	226 000
Total Assets	3 851 000	3 169 000	3 445 000	2 628 000
Total Equity	2 166 000	1 507 000	764 000	120 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 835 000	8 648 000	6 533 000	4 227 000
Expenditure	6 970 000	7 681 000	5 684 000	3 903 000
Operating Profit	864 000	967 000	850 000	325 000
Financial Income	2 000	0	4 000	5 000
Financial Costs	0	0	23 000	37 000
Financial Balance	2 000	0	−19 000	−32 000
Earnings Before Tax	866 000	967 000	831 000	293 000
Tax	207 000	224 000	187 000	67 000
Net Income	659 000	743 000	644 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	167 000	252 000	315 000	387 000
Total Current Assets	3 684 000	2 917 000	3 130 000	2 240 000
Total Assets	3 851 000	3 169 000	3 445 000	2 628 000
Total Retained Equity	2 121 000	1 463 000	720 000	76 000
Total Equity	2 166 000	1 507 000	764 000	120 000
Total Long-Term Debt	0	0	1 673 000	1 842 000
Total Current Debt	1 685 000	1 662 000	1 008 000	665 000
Total Equity and Debt	3 851 000	3 169 000	3 445 000	2 628 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 699 000	8 585 000	6 530 000	4 166 000
Other Income	135 000	63 000	4 000	61 000
Revenue	7 835 000	8 648 000	6 533 000	4 227 000
Cost of Goods Sold	5 721 000	6 811 000	4 931 000	3 391 000
Salary Costs	478 000	263 000	143 000	0
Depreciation	118 000	109 000	103 000	96 000
Impairment	0	0	0	0
Expenditure	6 970 000	7 681 000	5 684 000	3 903 000
Operating Profit	864 000	967 000	850 000	325 000
Financial Income	2 000	0	4 000	5 000
Financial Costs	0	0	23 000	37 000
Financial Balance	2 000	0	−19 000	−32 000
Dividends	0	0	0	0
Net Income	659 000	743 000	644 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	96 000	192 000	288 000	387 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	71 000	60 000	27 000	0
Total Tangible Assets	71 000	60 000	27 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	167 000	252 000	315 000	387 000
Stock	2 308 000	1 130 000	1 316 000	946 000
Total Investments	0	0	0	0
Cash, Bank	163 000	389 000	358 000	170 000
Total Current Assets	3 684 000	2 917 000	3 130 000	2 240 000
Total Assets	3 851 000	3 169 000	3 445 000	2 628 000
Total Equity	2 166 000	1 507 000	764 000	120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 673 000	1 842 000
Creditors	318 000	47 000	45 000	8 000
Unpaid Taxes	35 000	14 000	15 000	103 000
Dividends	0	0	0	0
Other Current Debt	1 124 000	1 378 000	764 000	526 000
Total Current Debt	1 685 000	1 662 000	1 008 000	665 000
Total Equity and Debt	3 851 000	3 169 000	3 445 000	2 628 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,42 %	49,3 %	84,29 %	188,33 %
Debt-to-Equity Ratio	0	0	2,19	15,35
Operating Profit Margin	11,03 %	11,18 %	13,01 %	7,69 %
Current Ratio	2,19	1,76	3,11	3,37
Quick Ratio	−5,91	5,48	−10,16	−7,97
Equity Ratio	0,56	0,48	0,22	0,05
Gross Profit Margin	26,98 %	21,24 %	24,52 %	19,78 %