BALSFJORD NÆRINGSUTVIKLING AS

9040 NORDKJOSBOTN

Finances

Share Ownership

Return on Equity

34,12 %

Current Ratio

6,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	563 000	536 000	715 000
Net Income	173 000	71 000	−59 000
Total Assets	609 000	447 000	359 000
Total Equity	507 000	334 000	262 000

Income (NOK)	2022	2021	2020
Revenue	563 000	536 000	715 000
Expenditure	341 000	444 000	793 000
Operating Profit	222 000	92 000	−79 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	222 000	92 000	−79 000
Tax	49 000	20 000	−19 000
Net Income	173 000	71 000	−59 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	48 000
Total Current Assets	609 000	447 000	310 000
Total Assets	609 000	447 000	359 000
Total Retained Equity	176 000	3 000	−59 000
Total Equity	507 000	334 000	262 000
Total Long-Term Debt	1 000	0	0
Total Current Debt	101 000	114 000	97 000
Total Equity and Debt	609 000	447 000	359 000

Cash flow (NOK)	2022	2021	2020
Sales Income	363 000	336 000	90 000
Other Income	200 000	200 000	625 000
Revenue	563 000	536 000	715 000
Cost of Goods Sold	32 000	0	0
Salary Costs	0	21 000	659 000
Depreciation	0	29 000	4 000
Impairment	0	0	0
Expenditure	341 000	444 000	793 000
Operating Profit	222 000	92 000	−79 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	173 000	71 000	−59 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	19 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	29 000
Total Tangible Assets	0	0	29 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	48 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	574 000	377 000	193 000
Total Current Assets	609 000	447 000	310 000
Total Assets	609 000	447 000	359 000
Total Equity	507 000	334 000	262 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	0
Creditors	23 000	5 000	0
Unpaid Taxes	11 000	0	23 000
Dividends	0	0	0
Other Current Debt	19 000	108 000	74 000
Total Current Debt	101 000	114 000	97 000
Total Equity and Debt	609 000	447 000	359 000

Financial indicators	2022	2021	2020
Return on Equity	34,12 %	21,26 %	−22,52 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	39,43 %	17,16 %	−11,05 %
Current Ratio	6,03	3,92	3,2
Quick Ratio	6,03	3,92	3,2
Equity Ratio	0,83	0,75	0,73
Gross Profit Margin	94,32 %	100 %	100 %