BOWLTECH NORWAY AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

86,85 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 941 000	9 270 000	11 992 000	14 504 000
Net Income	3 275 000	569 000	227 000	945 000
Total Assets	9 905 000	4 557 000	2 051 000	2 649 000
Total Equity	3 771 000	1 995 000	1 427 000	1 199 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 941 000	9 270 000	11 992 000	14 504 000
Expenditure	18 782 000	8 724 000	11 603 000	13 216 000
Operating Profit	4 158 000	547 000	389 000	1 288 000
Financial Income	0	161 000	0	1 000
Financial Costs	0	30 000	0	2 000
Financial Balance	0	131 000	0	−1 000
Earnings Before Tax	4 159 000	678 000	389 000	1 288 000
Tax	883 000	110 000	161 000	343 000
Net Income	3 275 000	569 000	227 000	945 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	26 000	54 000	647 000
Total Current Assets	9 887 000	4 531 000	1 997 000	2 003 000
Total Assets	9 905 000	4 557 000	2 051 000	2 649 000
Total Retained Equity	3 671 000	1 895 000	1 327 000	1 099 000
Total Equity	3 771 000	1 995 000	1 427 000	1 199 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 134 000	2 562 000	624 000	1 450 000
Total Equity and Debt	9 905 000	4 557 000	2 051 000	2 649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 941 000	9 270 000	11 992 000	14 504 000
Other Income	0	0	0	0
Revenue	22 941 000	9 270 000	11 992 000	14 504 000
Cost of Goods Sold	17 353 000	7 689 000	9 552 000	11 000 000
Salary Costs	1 072 000	785 000	1 061 000	1 153 000
Depreciation	15 000	17 000	593 000	593 000
Impairment	0	0	0	0
Expenditure	18 782 000	8 724 000	11 603 000	13 216 000
Operating Profit	4 158 000	547 000	389 000	1 288 000
Financial Income	0	161 000	0	1 000
Financial Costs	0	30 000	0	2 000
Financial Balance	0	131 000	0	−1 000
Dividends	1 500 000	0	0	2 000 000
Net Income	3 275 000	569 000	227 000	945 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	574 000
Total Intangible Assets	0	0	0	574 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	26 000	43 000	62 000
Total Tangible Assets	18 000	26 000	43 000	62 000
Total Fiancial Fixed Assets	0	0	11 000	11 000
Total Fixed Assets	18 000	26 000	54 000	647 000
Stock	2 878 000	822 000	52 000	0
Total Investments	0	0	0	0
Cash, Bank	6 220 000	3 620 000	1 459 000	1 613 000
Total Current Assets	9 887 000	4 531 000	1 997 000	2 003 000
Total Assets	9 905 000	4 557 000	2 051 000	2 649 000
Total Equity	3 771 000	1 995 000	1 427 000	1 199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	585 000	1 517 000	10 000	4 000
Unpaid Taxes	1 567 000	573 000	315 000	582 000
Dividends	1 500 000	0	0	2 000 000
Other Current Debt	3 100 000	362 000	138 000	522 000
Total Current Debt	6 134 000	2 562 000	624 000	1 450 000
Total Equity and Debt	9 905 000	4 557 000	2 051 000	2 649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,85 %	28,52 %	15,91 %	78,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,12 %	5,9 %	3,24 %	8,88 %
Current Ratio	1,61	1,77	3,2	1,38
Quick Ratio	3,04	2,6	3,49	1,38
Equity Ratio	0,38	0,44	0,7	0,45
Gross Profit Margin	24,36 %	17,06 %	20,35 %	24,16 %