BALTZTEK AS

1445 DRØBAK

Finances

Share Ownership

Return on Equity

3,7 %

Current Ratio

2,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	898 000	1 111 000	1 147 000	1 105 000
Net Income	23 000	−22 000	12 000	−53 000
Total Assets	897 000	1 056 000	1 117 000	1 024 000
Total Equity	621 000	598 000	620 000	608 000

Income (NOK)	2022	2021	2020	2019
Revenue	898 000	1 111 000	1 147 000	1 105 000
Expenditure	875 000	1 132 000	1 137 000	1 159 000
Operating Profit	23 000	−21 000	10 000	−53 000
Financial Income	0	0	3 000	1 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	2 000	0
Earnings Before Tax	23 000	−22 000	12 000	−53 000
Tax	0	0	0	0
Net Income	23 000	−22 000	12 000	−53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	259 000	374 000	489 000	43 000
Total Current Assets	638 000	682 000	629 000	981 000
Total Assets	897 000	1 056 000	1 117 000	1 024 000
Total Retained Equity	521 000	498 000	520 000	508 000
Total Equity	621 000	598 000	620 000	608 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	276 000	458 000	498 000	416 000
Total Equity and Debt	897 000	1 056 000	1 117 000	1 024 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	898 000	1 111 000	1 147 000	1 105 000
Other Income	0	0	0	0
Revenue	898 000	1 111 000	1 147 000	1 105 000
Cost of Goods Sold	71 000	38 000	52 000	57 000
Salary Costs	481 000	749 000	689 000	736 000
Depreciation	115 000	115 000	97 000	14 000
Impairment	0	0	0	0
Expenditure	875 000	1 132 000	1 137 000	1 159 000
Operating Profit	23 000	−21 000	10 000	−53 000
Financial Income	0	0	3 000	1 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	2 000	0
Dividends	0	0	0	0
Net Income	23 000	−22 000	12 000	−53 000

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	259 000	374 000	489 000	43 000
Total Tangible Assets	259 000	374 000	489 000	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	259 000	374 000	489 000	43 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	230 000	311 000	220 000	557 000
Total Current Assets	638 000	682 000	629 000	981 000
Total Assets	897 000	1 056 000	1 117 000	1 024 000
Total Equity	621 000	598 000	620 000	608 000
Short-Term Group Debt	0	0	0	68 000
Total Long-Term Debt	0	0	0	0
Creditors	10 000	9 000	14 000	17 000
Unpaid Taxes	91 000	113 000	155 000	119 000
Dividends	0	0	0	0
Other Current Debt	174 000	335 000	329 000	212 000
Total Current Debt	276 000	458 000	498 000	416 000
Total Equity and Debt	897 000	1 056 000	1 117 000	1 024 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,7 %	−3,68 %	1,94 %	−8,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,56 %	−1,89 %	0,87 %	−4,8 %
Current Ratio	2,31	1,49	1,26	2,36
Quick Ratio	2,31	1,49	1,26	2,36
Equity Ratio	0,69	0,57	0,56	0,59
Gross Profit Margin	92,09 %	96,58 %	95,47 %	94,84 %