BÅLKOS AS

6444 FARSTAD

Finances

Share Ownership

Return on Equity

22,35 %

Current Ratio

0,51

Debt-to-Equity Ratio

−0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	920 000	930 000	632 000	165 000
Net Income	−57 000	135 000	−122 000	−217 000
Total Assets	336 000	630 000	345 000	299 000
Total Equity	−255 000	−198 000	−333 000	−211 000

Income (NOK)	2022	2021	2020	2019
Revenue	920 000	930 000	632 000	165 000
Expenditure	961 000	779 000	737 000	340 000
Operating Profit	−41 000	150 000	−106 000	−175 000
Financial Income	0	0	0	0
Financial Costs	16 000	15 000	16 000	14 000
Financial Balance	−16 000	−15 000	−16 000	−14 000
Earnings Before Tax	−57 000	135 000	−122 000	−189 000
Tax	0	0	0	28 000
Net Income	−57 000	135 000	−122 000	−217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	163 000	310 000	278 000	277 000
Total Current Assets	173 000	320 000	67 000	23 000
Total Assets	336 000	630 000	345 000	299 000
Total Retained Equity	−285 000	−228 000	−363 000	−241 000
Total Equity	−255 000	−198 000	−333 000	−211 000
Total Long-Term Debt	252 000	334 000	355 000	183 000
Total Current Debt	339 000	494 000	323 000	327 000
Total Equity and Debt	336 000	630 000	345 000	299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	920 000	930 000	632 000	165 000
Other Income	0	0	0	0
Revenue	920 000	930 000	632 000	165 000
Cost of Goods Sold	82 000	27 000	12 000	31 000
Salary Costs	86 000	63 000	0	2 000
Depreciation	100 000	106 000	84 000	53 000
Impairment	0	0	0	0
Expenditure	961 000	779 000	737 000	340 000
Operating Profit	−41 000	150 000	−106 000	−175 000
Financial Income	0	0	0	0
Financial Costs	16 000	15 000	16 000	14 000
Financial Balance	−16 000	−15 000	−16 000	−14 000
Dividends	0	0	0	0
Net Income	−57 000	135 000	−122 000	−217 000

Balance details (NOK)	2022	2021	2020	2019
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	163 000	263 000	231 000	277 000
Total Tangible Assets	163 000	263 000	231 000	277 000
Total Fiancial Fixed Assets	0	47 000	47 000	0
Total Fixed Assets	163 000	310 000	278 000	277 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	166 000	311 000	50 000	16 000
Total Current Assets	173 000	320 000	67 000	23 000
Total Assets	336 000	630 000	345 000	299 000
Total Equity	−255 000	−198 000	−333 000	−211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	252 000	334 000	355 000	183 000
Creditors	19 000	101 000	67 000	248 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	319 000	393 000	256 000	79 000
Total Current Debt	339 000	494 000	323 000	327 000
Total Equity and Debt	336 000	630 000	345 000	299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,35 %	−68,18 %	36,64 %	102,84 %
Debt-to-Equity Ratio	−0,99	−1,69	−1,07	−0,87
Operating Profit Margin	−4,46 %	16,13 %	−16,77 %	−106,06 %
Current Ratio	0,51	0,65	0,21	0,07
Quick Ratio	0,51	0,65	0,21	0,07
Equity Ratio	−0,76	−0,31	−0,97	−0,71
Gross Profit Margin	91,09 %	97,1 %	98,1 %	81,21 %