BLATCHFORD ORTOPEDI AS

4636 KRISTIANSAND S

Finances

Return on Equity

22,65 %

Current Ratio

2,22

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	288 297 000	255 583 000	219 935 000	230 573 000
Net Income	25 174 000	14 561 000	−13 457 000	−12 495 000
Total Assets	195 095 000	167 409 000	155 289 000	159 863 000
Total Equity	111 168 000	109 105 000	99 909 000	110 738 000

Income (NOK)	2023	2022	2021	2020
Revenue	288 297 000	255 583 000	219 935 000	230 573 000
Expenditure	255 955 000	235 831 000	232 847 000	242 776 000
Operating Profit	32 341 000	19 753 000	−12 912 000	−12 203 000
Financial Income	299 000	66 000	53 000	340 000
Financial Costs	444 000	492 000	520 000	446 000
Financial Balance	−145 000	−426 000	−467 000	−106 000
Earnings Before Tax	32 196 000	19 327 000	−13 379 000	−12 308 000
Tax	7 022 000	4 766 000	78 000	187 000
Net Income	25 174 000	14 561 000	−13 457 000	−12 495 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	8 983 000	11 073 000	20 727 000	33 147 000
Total Current Assets	186 112 000	156 336 000	134 562 000	126 716 000
Total Assets	195 095 000	167 409 000	155 289 000	159 863 000
Total Retained Equity	10 810 000	9 958 000	0	0
Total Equity	111 168 000	109 105 000	99 909 000	110 738 000
Total Long-Term Debt	0	1 065 000	637 000	3 231 000
Total Current Debt	83 927 000	57 238 000	54 743 000	45 894 000
Total Equity and Debt	195 095 000	167 409 000	155 289 000	159 863 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	284 967 000	251 775 000	217 301 000	227 849 000
Other Income	3 330 000	3 808 000	2 635 000	2 724 000
Revenue	288 297 000	255 583 000	219 935 000	230 573 000
Cost of Goods Sold	99 193 000	90 952 000	80 609 000	85 769 000
Salary Costs	105 724 000	100 435 000	99 161 000	104 188 000
Depreciation	4 632 000	7 257 000	17 440 000	15 344 000
Impairment	0	0	0	0
Expenditure	255 955 000	235 831 000	232 847 000	242 776 000
Operating Profit	32 341 000	19 753 000	−12 912 000	−12 203 000
Financial Income	299 000	66 000	53 000	340 000
Financial Costs	444 000	492 000	520 000	446 000
Financial Balance	−145 000	−426 000	−467 000	−106 000
Dividends	0	0	0	0
Net Income	25 174 000	14 561 000	−13 457 000	−12 495 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	3 172 000	16 141 000
Total Intangible Assets	2 432 000	4 518 000	13 124 000	25 147 000
Real Eastate	1 672 000	1 689 000	1 884 000	2 134 000
Machinery and Plant Facilities	0	172 000	326 000	367 000
Fixtures	4 364 000	4 624 000	5 364 000	5 454 000
Total Tangible Assets	6 036 000	6 485 000	7 573 000	7 955 000
Total Fiancial Fixed Assets	515 000	70 000	30 000	45 000
Total Fixed Assets	8 983 000	11 073 000	20 727 000	33 147 000
Stock	75 354 000	45 984 000	43 990 000	32 102 000
Total Investments	0	0	0	0
Cash, Bank	4 350 000	4 113 000	4 402 000	4 467 000
Total Current Assets	186 112 000	156 336 000	134 562 000	126 716 000
Total Assets	195 095 000	167 409 000	155 289 000	159 863 000
Total Equity	111 168 000	109 105 000	99 909 000	110 738 000
Short-Term Group Debt	31 191 000	8 882 000	3 817 000	5 000 000
Total Long-Term Debt	0	1 065 000	637 000	3 231 000
Creditors	24 617 000	21 608 000	23 881 000	16 700 000
Unpaid Taxes	11 391 000	12 180 000	10 269 000	10 535 000
Dividends	0	0	0	0
Other Current Debt	16 728 000	14 569 000	16 776 000	13 660 000
Total Current Debt	83 927 000	57 238 000	54 743 000	45 894 000
Total Equity and Debt	195 095 000	167 409 000	155 289 000	159 863 000

Financial indicators	2023	2022	2021	2020
Return on Equity	22,65 %	13,35 %	−13,47 %	−11,28 %
Debt-to-Equity Ratio	0	0,01	0,01	0,03
Operating Profit Margin	11,22 %	7,73 %	−5,87 %	−5,29 %
Current Ratio	2,22	2,73	2,46	2,76
Quick Ratio	21,71	13,89	12,51	9,19
Equity Ratio	0,57	0,65	0,64	0,69
Gross Profit Margin	65,59 %	64,41 %	63,35 %	62,8 %