BIDECO AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

35,42 %

Current Ratio

2,68

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 029 000	3 112 000	2 099 000	1 014 000
Net Income	734 000	606 000	390 000	−25 000
Total Assets	2 992 000	3 658 000	2 759 000	2 249 000
Total Equity	2 072 000	1 338 000	1 869 000	1 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 029 000	3 112 000	2 099 000	1 014 000
Expenditure	4 089 000	2 335 000	1 599 000	1 070 000
Operating Profit	940 000	777 000	501 000	−55 000
Financial Income	2 000	0	0	22 000
Financial Costs	0	0	2 000	2 000
Financial Balance	2 000	0	−2 000	20 000
Earnings Before Tax	942 000	776 000	499 000	−35 000
Tax	207 000	171 000	110 000	−10 000
Net Income	734 000	606 000	390 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	606 000	674 000	12 000	40 000
Total Current Assets	2 386 000	2 985 000	2 748 000	2 208 000
Total Assets	2 992 000	3 658 000	2 759 000	2 249 000
Total Retained Equity	1 972 000	1 238 000	1 769 000	1 380 000
Total Equity	2 072 000	1 338 000	1 869 000	1 480 000
Total Long-Term Debt	30 000	23 000	0	0
Total Current Debt	890 000	2 298 000	890 000	769 000
Total Equity and Debt	2 992 000	3 658 000	2 759 000	2 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 995 000	3 112 000	2 099 000	1 014 000
Other Income	34 000	0	0	0
Revenue	5 029 000	3 112 000	2 099 000	1 014 000
Cost of Goods Sold	1 078 000	602 000	453 000	224 000
Salary Costs	1 558 000	1 030 000	634 000	323 000
Depreciation	83 000	29 000	7 000	11 000
Impairment	0	0	0	0
Expenditure	4 089 000	2 335 000	1 599 000	1 070 000
Operating Profit	940 000	777 000	501 000	−55 000
Financial Income	2 000	0	0	22 000
Financial Costs	0	0	2 000	2 000
Financial Balance	2 000	0	−2 000	20 000
Dividends	0	0	0	0
Net Income	734 000	606 000	390 000	−25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	12 000
Fixtures	356 000	424 000	12 000	18 000
Total Tangible Assets	356 000	424 000	12 000	30 000
Total Fiancial Fixed Assets	250 000	250 000	0	0
Total Fixed Assets	606 000	674 000	12 000	40 000
Stock	16 000	16 000	2 000	2 000
Total Investments	0	0	0	0
Cash, Bank	178 000	295 000	619 000	96 000
Total Current Assets	2 386 000	2 985 000	2 748 000	2 208 000
Total Assets	2 992 000	3 658 000	2 759 000	2 249 000
Total Equity	2 072 000	1 338 000	1 869 000	1 480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 000	23 000	0	0
Creditors	245 000	496 000	151 000	431 000
Unpaid Taxes	302 000	109 000	314 000	2 000
Dividends	0	0	0	0
Other Current Debt	143 000	407 000	325 000	336 000
Total Current Debt	890 000	2 298 000	890 000	769 000
Total Equity and Debt	2 992 000	3 658 000	2 759 000	2 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,42 %	45,29 %	20,87 %	−1,69 %
Debt-to-Equity Ratio	0,01	0,02	0	0
Operating Profit Margin	18,69 %	24,97 %	23,87 %	−5,42 %
Current Ratio	2,68	1,3	3,09	2,87
Quick Ratio	2,73	1,31	3,09	2,88
Equity Ratio	0,69	0,37	0,68	0,66
Gross Profit Margin	78,56 %	80,66 %	78,42 %	77,91 %