BARE VELVÆRE AS

7075 TILLER

Finances

Share Ownership

Return on Equity

11,73 %

Current Ratio

2,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 167 000	985 000	834 000	1 032 000
Net Income	105 000	−21 000	−24 000	27 000
Total Assets	1 386 000	1 246 000	1 174 000	1 253 000
Total Equity	895 000	790 000	811 000	848 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 167 000	985 000	834 000	1 032 000
Expenditure	1 034 000	1 002 000	857 000	1 007 000
Operating Profit	133 000	−16 000	−22 000	25 000
Financial Income	2 000	0	0	11 000
Financial Costs	0	13 000	7 000	2 000
Financial Balance	2 000	−13 000	−7 000	9 000
Earnings Before Tax	134 000	−28 000	−29 000	34 000
Tax	30 000	−8 000	−4 000	8 000
Net Income	105 000	−21 000	−24 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	26 000	5 000	3 000
Total Current Assets	1 384 000	1 220 000	1 169 000	1 250 000
Total Assets	1 386 000	1 246 000	1 174 000	1 253 000
Total Retained Equity	760 000	656 000	676 000	714 000
Total Equity	895 000	790 000	811 000	848 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	492 000	456 000	363 000	405 000
Total Equity and Debt	1 386 000	1 246 000	1 174 000	1 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 096 000	951 000	809 000	1 020 000
Other Income	71 000	34 000	26 000	12 000
Revenue	1 167 000	985 000	834 000	1 032 000
Cost of Goods Sold	180 000	193 000	123 000	249 000
Salary Costs	643 000	561 000	453 000	543 000
Depreciation	13 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	1 034 000	1 002 000	857 000	1 007 000
Operating Profit	133 000	−16 000	−22 000	25 000
Financial Income	2 000	0	0	11 000
Financial Costs	0	13 000	7 000	2 000
Financial Balance	2 000	−13 000	−7 000	9 000
Dividends	0	0	0	0
Net Income	105 000	−21 000	−24 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	13 000	5 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	13 000	0	0
Total Tangible Assets	0	13 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 000	26 000	5 000	3 000
Stock	63 000	59 000	78 000	69 000
Total Investments	0	0	0	0
Cash, Bank	1 309 000	1 120 000	1 105 000	1 149 000
Total Current Assets	1 384 000	1 220 000	1 169 000	1 250 000
Total Assets	1 386 000	1 246 000	1 174 000	1 253 000
Total Equity	895 000	790 000	811 000	848 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	12 000	−41 000	25 000
Unpaid Taxes	79 000	70 000	52 000	73 000
Dividends	0	0	0	0
Other Current Debt	376 000	374 000	352 000	307 000
Total Current Debt	492 000	456 000	363 000	405 000
Total Equity and Debt	1 386 000	1 246 000	1 174 000	1 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,73 %	−2,66 %	−2,96 %	3,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,4 %	−1,62 %	−2,64 %	2,42 %
Current Ratio	2,81	2,68	3,22	3,09
Quick Ratio	3,23	3,07	4,1	3,72
Equity Ratio	0,65	0,63	0,69	0,68
Gross Profit Margin	84,58 %	80,41 %	85,25 %	75,87 %