BELFOR NORWAY AS

0668 OSLO

Finances

Share Ownership

Return on Equity

90,1 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	396 514 000	345 852 000	422 277 000	378 947 000
Net Income	−127 037 000	−66 836 000	−34 836 000	2 191 000
Total Assets	63 177 000	60 420 000	91 979 000	102 914 000
Total Equity	−140 999 000	−54 885 000	−27 435 000	14 292 000

Income (NOK)	2022	2021	2020	2019
Revenue	396 514 000	345 852 000	422 277 000	378 947 000
Expenditure	513 555 000	391 518 000	453 535 000	371 797 000
Operating Profit	−117 041 000	−45 666 000	−31 258 000	7 149 000
Financial Income	1 013 000	1 479 000	419 000	618 000
Financial Costs	11 009 000	3 035 000	3 998 000	3 816 000
Financial Balance	−9 996 000	−1 556 000	−3 579 000	−3 198 000
Earnings Before Tax	−127 037 000	−47 222 000	−34 836 000	3 952 000
Tax	0	19 614 000	0	1 761 000
Net Income	−127 037 000	−66 836 000	−34 836 000	2 191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 413 000	8 593 000	30 245 000	26 350 000
Total Current Assets	56 764 000	51 828 000	61 734 000	76 564 000
Total Assets	63 177 000	60 420 000	91 979 000	102 914 000
Total Retained Equity	−223 859 000	−96 822 000	−39 506 000	2 221 000
Total Equity	−140 999 000	−54 885 000	−27 435 000	14 292 000
Total Long-Term Debt	101 121 000	40 923 000	39 386 000	23 681 000
Total Current Debt	104 301 000	74 382 000	80 028 000	64 941 000
Total Equity and Debt	64 423 000	60 420 000	91 979 000	102 914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	396 514 000	345 852 000	414 255 000	378 947 000
Other Income	0	0	8 022 000	0
Revenue	396 514 000	345 852 000	422 277 000	378 947 000
Cost of Goods Sold	191 556 000	146 782 000	183 939 000	152 036 000
Salary Costs	207 518 000	156 737 000	191 516 000	158 031 000
Depreciation	5 133 000	4 563 000	4 942 000	4 221 000
Impairment	0	0	0	0
Expenditure	513 555 000	391 518 000	453 535 000	371 797 000
Operating Profit	−117 041 000	−45 666 000	−31 258 000	7 149 000
Financial Income	1 013 000	1 479 000	419 000	618 000
Financial Costs	11 009 000	3 035 000	3 998 000	3 816 000
Financial Balance	−9 996 000	−1 556 000	−3 579 000	−3 198 000
Dividends	0	0	0	0
Net Income	−127 037 000	−66 836 000	−34 836 000	2 191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	19 614 000	17 695 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 258 000	8 531 000	10 563 000	8 456 000
Total Tangible Assets	6 258 000	8 531 000	10 563 000	8 456 000
Total Fiancial Fixed Assets	155 000	62 000	67 000	200 000
Total Fixed Assets	6 413 000	8 593 000	30 245 000	26 350 000
Stock	0	1 304 000	2 095 000	1 721 000
Total Investments	0	0	0	0
Cash, Bank	8 646 000	12 357 000	6 776 000	8 221 000
Total Current Assets	56 764 000	51 828 000	61 734 000	76 564 000
Total Assets	63 177 000	60 420 000	91 979 000	102 914 000
Total Equity	−140 999 000	−54 885 000	−27 435 000	14 292 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	101 121 000	40 923 000	39 386 000	23 681 000
Creditors	43 584 000	41 222 000	26 877 000	24 402 000
Unpaid Taxes	15 926 000	12 303 000	18 614 000	19 319 000
Dividends	0	0	0	0
Other Current Debt	44 792 000	20 857 000	34 536 000	21 220 000
Total Current Debt	104 301 000	74 382 000	80 028 000	64 941 000
Total Equity and Debt	64 423 000	60 420 000	91 979 000	102 914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,1 %	121,77 %	126,98 %	15,33 %
Debt-to-Equity Ratio	−0,72	−0,75	−1,44	1,66
Operating Profit Margin	−29,52 %	−13,2 %	−7,4 %	1,89 %
Current Ratio	0,54	0,7	0,77	1,18
Quick Ratio	0,54	0,71	0,79	1,21
Equity Ratio	−2,23	−0,91	−0,3	0,14
Gross Profit Margin	51,69 %	57,56 %	56,44 %	59,88 %