BELLEN AS

5600 NORHEIMSUND

Finances

Return on Equity

2,79 %

Current Ratio

4,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 100 000	3 400 000	700 000	0
Net Income	133 000	1 647 000	658 000	−39 000
Total Assets	5 153 000	6 322 000	4 466 000	4 320 000
Total Equity	4 760 000	4 627 000	2 980 000	2 322 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 100 000	3 400 000	700 000	0
Expenditure	1 289 000	1 684 000	663 000	26 000
Operating Profit	−189 000	1 717 000	36 000	−26 000
Financial Income	291 000	312 000	643 000	6 000
Financial Costs	1 000	1 000	10 000	27 000
Financial Balance	290 000	311 000	633 000	−21 000
Earnings Before Tax	101 000	2 028 000	669 000	−47 000
Tax	−32 000	381 000	12 000	−8 000
Net Income	133 000	1 647 000	658 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 386 000	3 359 000	4 089 000	4 287 000
Total Current Assets	1 767 000	2 962 000	377 000	33 000
Total Assets	5 153 000	6 322 000	4 466 000	4 320 000
Total Retained Equity	4 660 000	4 527 000	2 880 000	2 222 000
Total Equity	4 760 000	4 627 000	2 980 000	2 322 000
Total Long-Term Debt	0	1 000 000	1 387 000	1 902 000
Total Current Debt	393 000	695 000	99 000	96 000
Total Equity and Debt	5 153 000	6 322 000	4 466 000	4 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 100 000	3 400 000	700 000	0
Other Income	0	0	0	0
Revenue	1 100 000	3 400 000	700 000	0
Cost of Goods Sold	1 254 000	1 612 000	621 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 289 000	1 684 000	663 000	26 000
Operating Profit	−189 000	1 717 000	36 000	−26 000
Financial Income	291 000	312 000	643 000	6 000
Financial Costs	1 000	1 000	10 000	27 000
Financial Balance	290 000	311 000	633 000	−21 000
Dividends	0	0	0	0
Net Income	133 000	1 647 000	658 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	0	0	8 000
Real Eastate	2 319 000	2 180 000	3 534 000	3 534 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 319 000	2 180 000	3 534 000	3 534 000
Total Fiancial Fixed Assets	1 035 000	1 180 000	555 000	745 000
Total Fixed Assets	3 386 000	3 359 000	4 089 000	4 287 000
Stock	0	100 000	100 000	0
Total Investments	680 000	580 000	34 000	32 000
Cash, Bank	1 087 000	2 282 000	243 000	0
Total Current Assets	1 767 000	2 962 000	377 000	33 000
Total Assets	5 153 000	6 322 000	4 466 000	4 320 000
Total Equity	4 760 000	4 627 000	2 980 000	2 322 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000 000	1 387 000	1 902 000
Creditors	310 000	38 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	83 000	275 000	95 000	96 000
Total Current Debt	393 000	695 000	99 000	96 000
Total Equity and Debt	5 153 000	6 322 000	4 466 000	4 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,79 %	35,6 %	22,08 %	−1,68 %
Debt-to-Equity Ratio	0	0,22	0,47	0,82
Operating Profit Margin	−17,18 %	50,5 %	5,14 %	-
Current Ratio	4,5	4,26	3,81	0,34
Quick Ratio	4,5	4,98	−377	0,34
Equity Ratio	0,92	0,73	0,67	0,54
Gross Profit Margin	−14 %	52,59 %	11,29 %	-