BLAST-IT ØST AS

2006 LØVENSTAD

Finances

Share Ownership

Return on Equity

44,24 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 356 000	1 868 000	1 516 000	0
Net Income	407 000	297 000	249 000	0
Total Assets	1 400 000	843 000	663 000	30 000
Total Equity	920 000	513 000	266 000	23 000

Income (NOK)	2022	2021	2020
Revenue	2 356 000	1 868 000	1 516 000
Expenditure	1 837 000	1 496 000	1 202 000
Operating Profit	519 000	372 000	315 000
Financial Income	1 000	0	0
Financial Costs	1 000	0	1 000
Financial Balance	0	0	−1 000
Earnings Before Tax	519 000	372 000	314 000
Tax	112 000	76 000	65 000
Net Income	407 000	297 000	249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	842 000	155 000	128 000	0
Total Current Assets	558 000	689 000	535 000	30 000
Total Assets	1 400 000	843 000	663 000	30 000
Total Retained Equity	903 000	496 000	249 000	0
Total Equity	920 000	513 000	266 000	23 000
Total Long-Term Debt	117 000	31 000	31 000	0
Total Current Debt	363 000	300 000	365 000	7 000
Total Equity and Debt	1 400 000	843 000	663 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 356 000	1 868 000	1 516 000
Other Income	0	0	0
Revenue	2 356 000	1 868 000	1 516 000
Cost of Goods Sold	219 000	245 000	124 000
Salary Costs	1 115 000	917 000	605 000
Depreciation	50 000	1 000	33 000
Impairment	0	0	0
Expenditure	1 837 000	1 496 000	1 202 000
Operating Profit	519 000	372 000	315 000
Financial Income	1 000	0	0
Financial Costs	1 000	0	1 000
Financial Balance	0	0	−1 000
Dividends	0	0	0
Net Income	407 000	297 000	249 000

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	227 000	105 000	58 000	0
Fixtures	65 000	50 000	69 000	0
Total Tangible Assets	292 000	155 000	128 000	0
Total Fiancial Fixed Assets	550 000	0	0	0
Total Fixed Assets	842 000	155 000	128 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	549 000	562 000	495 000	30 000
Total Current Assets	558 000	689 000	535 000	30 000
Total Assets	1 400 000	843 000	663 000	30 000
Total Equity	920 000	513 000	266 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	117 000	31 000	31 000	0
Creditors	31 000	44 000	75 000	0
Unpaid Taxes	76 000	55 000	127 000	0
Dividends	0	0	0	0
Other Current Debt	145 000	125 000	98 000	7 000
Total Current Debt	363 000	300 000	365 000	7 000
Total Equity and Debt	1 400 000	843 000	663 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,24 %	57,89 %	93,61 %	0 %
Debt-to-Equity Ratio	0,13	0,06	0,12	0
Operating Profit Margin	22,03 %	19,91 %	20,78 %	-
Current Ratio	1,54	2,3	1,47	4,29
Quick Ratio	1,54	2,3	1,47	4,29
Equity Ratio	0,66	0,61	0,4	0,77
Gross Profit Margin	90,7 %	86,88 %	91,82 %	-