BIOFARMSYSTEMS AS

7031 TRONDHEIM

Finances

Share Ownership

Return on Equity

96,7 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	648 000	422 000	166 000	743 000
Net Income	352 000	221 000	2 000	3 000
Total Assets	868 000	686 000	542 000	519 000
Total Equity	364 000	413 000	392 000	390 000

Income (NOK)	2022	2021	2020	2019
Revenue	648 000	422 000	166 000	743 000
Expenditure	197 000	146 000	164 000	739 000
Operating Profit	451 000	277 000	2 000	3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	451 000	277 000	2 000	3 000
Tax	99 000	56 000	0	0
Net Income	352 000	221 000	2 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	868 000	686 000	542 000	519 000
Total Assets	868 000	686 000	542 000	519 000
Total Retained Equity	253 000	302 000	281 000	279 000
Total Equity	364 000	413 000	392 000	390 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	504 000	273 000	150 000	128 000
Total Equity and Debt	868 000	686 000	542 000	519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	648 000	422 000	166 000	743 000
Other Income	0	0	0	0
Revenue	648 000	422 000	166 000	743 000
Cost of Goods Sold	0	6 000	6 000	5 000
Salary Costs	84 000	83 000	77 000	624 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	197 000	146 000	164 000	739 000
Operating Profit	451 000	277 000	2 000	3 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	400 000	200 000	0	100 000
Net Income	352 000	221 000	2 000	3 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	867 000	369 000	414 000	376 000
Total Current Assets	868 000	686 000	542 000	519 000
Total Assets	868 000	686 000	542 000	519 000
Total Equity	364 000	413 000	392 000	390 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	1 000	1 000	7 000
Unpaid Taxes	0	0	10 000	1 000
Dividends	400 000	200 000	0	100 000
Other Current Debt	0	16 000	138 000	21 000
Total Current Debt	504 000	273 000	150 000	128 000
Total Equity and Debt	868 000	686 000	542 000	519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,7 %	53,51 %	0,51 %	0,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	69,6 %	65,64 %	1,2 %	0,4 %
Current Ratio	1,72	2,51	3,61	4,05
Quick Ratio	1,72	2,51	3,61	4,05
Equity Ratio	0,42	0,6	0,72	0,75
Gross Profit Margin	100 %	98,58 %	96,39 %	99,33 %