BALLESTAD MASKIN AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

119,74 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	423 000	167 000	208 000	220 000
Net Income	91 000	−20 000	−60 000	−39 000
Total Assets	223 000	214 000	322 000	335 000
Total Equity	76 000	−15 000	4 000	64 000

Income (NOK)	2022	2021	2020	2019
Revenue	423 000	167 000	208 000	220 000
Expenditure	307 000	193 000	319 000	259 000
Operating Profit	117 000	−25 000	−110 000	−39 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	117 000	−25 000	−110 000	−39 000
Tax	26 000	−6 000	−51 000	0
Net Income	91 000	−20 000	−60 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	86 000	201 000	176 000
Total Current Assets	178 000	128 000	121 000	159 000
Total Assets	223 000	214 000	322 000	335 000
Total Retained Equity	46 000	−45 000	−26 000	34 000
Total Equity	76 000	−15 000	4 000	64 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	148 000	230 000	317 000	271 000
Total Equity and Debt	223 000	214 000	322 000	335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	68 000	162 000	208 000	220 000
Other Income	355 000	5 000	0	0
Revenue	423 000	167 000	208 000	220 000
Cost of Goods Sold	19 000	21 000	52 000	7 000
Salary Costs	0	0	0	27 000
Depreciation	15 000	4 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	307 000	193 000	319 000	259 000
Operating Profit	117 000	−25 000	−110 000	−39 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	91 000	−20 000	−60 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	56 000	51 000	0
Real Eastate	0	0	150 000	150 000
Machinery and Plant Facilities	0	0	0	26 000
Fixtures	15 000	30 000	0	0
Total Tangible Assets	15 000	30 000	150 000	176 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	46 000	86 000	201 000	176 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	178 000	20 000	57 000	82 000
Total Current Assets	178 000	128 000	121 000	159 000
Total Assets	223 000	214 000	322 000	335 000
Total Equity	76 000	−15 000	4 000	64 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	8 000	17 000	7 000
Unpaid Taxes	77 000	0	0	15 000
Dividends	0	0	0	0
Other Current Debt	70 000	221 000	300 000	249 000
Total Current Debt	148 000	230 000	317 000	271 000
Total Equity and Debt	223 000	214 000	322 000	335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	119,74 %	133,33 %	−1 500 %	−60,94 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	27,66 %	−14,97 %	−52,88 %	−17,73 %
Current Ratio	1,2	0,56	0,38	0,59
Quick Ratio	1,2	0,56	0,38	0,59
Equity Ratio	0,34	−0,07	0,01	0,19
Gross Profit Margin	95,51 %	87,43 %	75 %	96,82 %