BELSOUTH AS

0283 OSLO

Finances

Share Ownership

Return on Equity

83,28 %

Current Ratio

0,97

Debt-to-Equity Ratio

2,08

Key figures (USD)	2022	2021	2020	2019
Revenue	8 690 000	8 274 000	2 637 000	3 935 000
Net Income	4 997 000	4 315 000	−786 000	−360 000
Total Assets	24 087 000	26 797 000	22 550 000	22 844 000
Total Equity	6 000 000	6 174 000	8 959 000	9 746 000

Income (USD)	2022	2021	2020	2019
Revenue	8 690 000	8 274 000	2 637 000	3 935 000
Expenditure	3 040 000	3 352 000	2 617 000	3 273 000
Operating Profit	5 651 000	4 921 000	19 000	661 000
Financial Income	20 000	0	3 000	4 000
Financial Costs	674 000	607 000	809 000	1 025 000
Financial Balance	−654 000	−607 000	−806 000	−1 021 000
Earnings Before Tax	4 997 000	4 315 000	−786 000	−360 000
Tax	0	0	0	0
Net Income	4 997 000	4 315 000	−786 000	−360 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	18 666 000	19 758 000	20 849 000	20 777 000
Total Current Assets	5 421 000	7 039 000	1 701 000	2 067 000
Total Assets	24 087 000	26 797 000	22 550 000	22 844 000
Total Retained Equity	0	0	2 277 000	3 064 000
Total Equity	6 000 000	6 174 000	8 959 000	9 746 000
Total Long-Term Debt	12 500 000	12 500 000	12 800 000	12 800 000
Total Current Debt	5 587 000	8 123 000	791 000	299 000
Total Equity and Debt	24 087 000	26 797 000	22 550 000	22 844 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	0	8 274 000	2 637 000	3 935 000
Other Income	8 690 000	0	0	0
Revenue	8 690 000	8 274 000	2 637 000	3 935 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	1 091 000	1 071 000	1 041 000
Impairment	0	0	0	0
Expenditure	3 040 000	3 352 000	2 617 000	3 273 000
Operating Profit	5 651 000	4 921 000	19 000	661 000
Financial Income	20 000	0	3 000	4 000
Financial Costs	674 000	607 000	809 000	1 025 000
Financial Balance	−654 000	−607 000	−806 000	−1 021 000
Dividends	5 171 000	0	0	0
Net Income	4 997 000	4 315 000	−786 000	−360 000

Balance details (USD)	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	0	0	0	0
Total Tangible Assets	18 666 000	19 758 000	20 849 000	20 777 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 666 000	19 758 000	20 849 000	20 777 000
Stock	0	0	0	459 000
Total Investments	0	0	0	0
Cash, Bank	2 476 000	347 000	319 000	1 315 000
Total Current Assets	5 421 000	7 039 000	1 701 000	2 067 000
Total Assets	24 087 000	26 797 000	22 550 000	22 844 000
Total Equity	6 000 000	6 174 000	8 959 000	9 746 000
Short-Term Group Debt	2 000	581 000	580 000	0
Total Long-Term Debt	12 500 000	12 500 000	12 800 000	12 800 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	5 171 000	0	0	0
Other Current Debt	415 000	7 542 000	211 000	299 000
Total Current Debt	5 587 000	8 123 000	791 000	299 000
Total Equity and Debt	24 087 000	26 797 000	22 550 000	22 844 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,28 %	69,89 %	−8,77 %	−3,69 %
Debt-to-Equity Ratio	2,08	2,02	1,43	1,31
Operating Profit Margin	65,03 %	59,48 %	0,72 %	16,8 %
Current Ratio	0,97	0,87	2,15	6,91
Quick Ratio	0,97	0,87	2,15	−12,92
Equity Ratio	0,25	0,23	0,4	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %