B & G WELDING CONTRACTING AS

4150 RENNESØY

Finances

Share Ownership

Return on Equity

79,69 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 052 000	3 476 000	1 811 000	2 801 000
Net Income	938 000	560 000	133 000	255 000
Total Assets	2 821 000	1 767 000	576 000	1 269 000
Total Equity	1 177 000	239 000	179 000	176 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 052 000	3 476 000	1 811 000	2 801 000
Expenditure	4 834 000	2 748 000	1 632 000	2 463 000
Operating Profit	1 219 000	728 000	180 000	338 000
Financial Income	0	0	0	0
Financial Costs	14 000	7 000	10 000	11 000
Financial Balance	−14 000	−7 000	−10 000	−11 000
Earnings Before Tax	1 205 000	721 000	171 000	327 000
Tax	267 000	161 000	38 000	72 000
Net Income	938 000	560 000	133 000	255 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	89 000	120 000	153 000
Total Current Assets	2 660 000	1 679 000	456 000	1 116 000
Total Assets	2 821 000	1 767 000	576 000	1 269 000
Total Retained Equity	1 147 000	209 000	149 000	146 000
Total Equity	1 177 000	239 000	179 000	176 000
Total Long-Term Debt	146 000	70 000	94 000	117 000
Total Current Debt	1 498 000	1 459 000	303 000	976 000
Total Equity and Debt	2 821 000	1 767 000	576 000	1 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 052 000	3 476 000	1 811 000	2 801 000
Other Income	0	0	0	0
Revenue	6 052 000	3 476 000	1 811 000	2 801 000
Cost of Goods Sold	29 000	0	0	0
Salary Costs	4 164 000	2 325 000	1 280 000	2 055 000
Depreciation	28 000	34 000	34 000	27 000
Impairment	0	0	0	0
Expenditure	4 834 000	2 748 000	1 632 000	2 463 000
Operating Profit	1 219 000	728 000	180 000	338 000
Financial Income	0	0	0	0
Financial Costs	14 000	7 000	10 000	11 000
Financial Balance	−14 000	−7 000	−10 000	−11 000
Dividends	0	500 000	130 000	240 000
Net Income	938 000	560 000	133 000	255 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	5 000	3 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	161 000	84 000	118 000	151 000
Total Tangible Assets	161 000	84 000	118 000	151 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	161 000	89 000	120 000	153 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	952 000	868 000	401 000	1 116 000
Total Current Assets	2 660 000	1 679 000	456 000	1 116 000
Total Assets	2 821 000	1 767 000	576 000	1 269 000
Total Equity	1 177 000	239 000	179 000	176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	146 000	70 000	94 000	117 000
Creditors	10 000	3 000	2 000	0
Unpaid Taxes	502 000	469 000	20 000	378 000
Dividends	0	500 000	130 000	240 000
Other Current Debt	723 000	323 000	112 000	287 000
Total Current Debt	1 498 000	1 459 000	303 000	976 000
Total Equity and Debt	2 821 000	1 767 000	576 000	1 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	79,69 %	234,31 %	74,3 %	144,89 %
Debt-to-Equity Ratio	0,12	0,29	0,53	0,66
Operating Profit Margin	20,14 %	20,94 %	9,94 %	12,07 %
Current Ratio	1,78	1,15	1,5	1,14
Quick Ratio	1,78	1,15	1,5	1,14
Equity Ratio	0,42	0,14	0,31	0,14
Gross Profit Margin	99,52 %	100 %	100 %	100 %