BADEX AS

5171 LODDEFJORD

Finances

Share Ownership

Return on Equity

−29,89 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	825 000	997 000	811 000	703 000
Net Income	−52 000	50 000	103 000	−164 000
Total Assets	401 000	361 000	373 000	194 000
Total Equity	174 000	226 000	175 000	72 000

Income (NOK)	2022	2021	2020	2019
Revenue	825 000	997 000	811 000	703 000
Expenditure	893 000	933 000	678 000	913 000
Operating Profit	−67 000	64 000	133 000	−211 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−67 000	64 000	133 000	−211 000
Tax	−15 000	14 000	29 000	−46 000
Net Income	−52 000	50 000	103 000	−164 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	3 000	41 000	95 000
Total Current Assets	383 000	358 000	331 000	99 000
Total Assets	401 000	361 000	373 000	194 000
Total Retained Equity	153 000	205 000	155 000	51 000
Total Equity	174 000	226 000	175 000	72 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	227 000	135 000	197 000	122 000
Total Equity and Debt	401 000	361 000	373 000	194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	825 000	997 000	811 000	703 000
Other Income	0	0	0	0
Revenue	825 000	997 000	811 000	703 000
Cost of Goods Sold	289 000	476 000	197 000	338 000
Salary Costs	544 000	260 000	318 000	415 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	893 000	933 000	678 000	913 000
Operating Profit	−67 000	64 000	133 000	−211 000
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	−52 000	50 000	103 000	−164 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	3 000	17 000	46 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	24 000	48 000
Total Tangible Assets	0	0	24 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	3 000	41 000	95 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	299 000	89 000	202 000	96 000
Total Current Assets	383 000	358 000	331 000	99 000
Total Assets	401 000	361 000	373 000	194 000
Total Equity	174 000	226 000	175 000	72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	8 000	0	4 000
Unpaid Taxes	171 000	105 000	156 000	81 000
Dividends	0	0	0	0
Other Current Debt	44 000	22 000	41 000	37 000
Total Current Debt	227 000	135 000	197 000	122 000
Total Equity and Debt	401 000	361 000	373 000	194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,89 %	22,12 %	58,86 %	−227,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,12 %	6,42 %	16,4 %	−30,01 %
Current Ratio	1,69	2,65	1,68	0,81
Quick Ratio	1,69	2,65	1,68	0,81
Equity Ratio	0,43	0,63	0,47	0,37
Gross Profit Margin	64,97 %	52,26 %	75,71 %	51,92 %