BLAST IT VESTLANDET AS

4374 EGERSUND

Finances

Share Ownership

Return on Equity

−135,45 %

Current Ratio

0,74

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 782 000	4 028 000	1 703 000	557 000
Net Income	149 000	−343 000	499 000	−42 000
Total Assets	545 000	500 000	702 000	134 000
Total Equity	−110 000	−259 000	85 000	−415 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 782 000	4 028 000	1 703 000	557 000
Expenditure	3 616 000	4 371 000	1 192 000	591 000
Operating Profit	166 000	−343 000	510 000	−34 000
Financial Income	0	0	0	0
Financial Costs	17 000	7 000	0	8 000
Financial Balance	−17 000	−7 000	0	−8 000
Earnings Before Tax	149 000	−349 000	510 000	−42 000
Tax	0	−6 000	11 000	0
Net Income	149 000	−343 000	499 000	−42 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	60 000	70 000	62 000	72 000
Total Current Assets	485 000	430 000	640 000	62 000
Total Assets	545 000	500 000	702 000	134 000
Total Retained Equity	−140 000	−289 000	55 000	−445 000
Total Equity	−110 000	−259 000	85 000	−415 000
Total Long-Term Debt	0	0	6 000	0
Total Current Debt	655 000	759 000	611 000	548 000
Total Equity and Debt	545 000	500 000	702 000	134 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 782 000	4 028 000	1 703 000	547 000
Other Income	0	0	0	10 000
Revenue	3 782 000	4 028 000	1 703 000	557 000
Cost of Goods Sold	1 869 000	2 825 000	742 000	239 000
Salary Costs	0	0	0	0
Depreciation	10 000	9 000	10 000	13 000
Impairment	0	0	0	0
Expenditure	3 616 000	4 371 000	1 192 000	591 000
Operating Profit	166 000	−343 000	510 000	−34 000
Financial Income	0	0	0	0
Financial Costs	17 000	7 000	0	8 000
Financial Balance	−17 000	−7 000	0	−8 000
Dividends	0	0	0	0
Net Income	149 000	−343 000	499 000	−42 000

Balance details (NOK)	2021	2020	2019	2018
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	24 000	34 000	26 000	36 000
Total Tangible Assets	24 000	34 000	26 000	36 000
Total Fiancial Fixed Assets	36 000	36 000	36 000	36 000
Total Fixed Assets	60 000	70 000	62 000	72 000
Stock	47 000	47 000	32 000	32 000
Total Investments	0	0	0	0
Cash, Bank	114 000	48 000	138 000	0
Total Current Assets	485 000	430 000	640 000	62 000
Total Assets	545 000	500 000	702 000	134 000
Total Equity	−110 000	−259 000	85 000	−415 000
Short-Term Group Debt	0	200 000	200 000	510 000
Total Long-Term Debt	0	0	6 000	0
Creditors	586 000	559 000	329 000	32 000
Unpaid Taxes	68 000	0	78 000	6 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	655 000	759 000	611 000	548 000
Total Equity and Debt	545 000	500 000	702 000	134 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−135,45 %	132,43 %	587,06 %	10,12 %
Debt-to-Equity Ratio	−0	−0	0,07	−0
Operating Profit Margin	4,39 %	−8,52 %	29,95 %	−6,1 %
Current Ratio	0,74	0,57	1,05	0,11
Quick Ratio	0,8	0,6	1,11	0,12
Equity Ratio	−0,2	−0,52	0,12	−3,1
Gross Profit Margin	50,58 %	29,87 %	56,43 %	57,09 %