BLAAVAND AS

4056 TANANGER

Finances

Share Ownership

Return on Equity

−127,59 %

Current Ratio

1,55

Debt-to-Equity Ratio

−10,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	446 000	662 000	227 000	478 000
Net Income	37 000	188 000	−167 000	24 000
Total Assets	327 000	816 000	491 000	677 000
Total Equity	−29 000	−66 000	−254 000	−87 000

Income (NOK)	2022	2021	2020	2019
Revenue	446 000	662 000	227 000	478 000
Expenditure	336 000	374 000	327 000	387 000
Operating Profit	110 000	289 000	−100 000	91 000
Financial Income	0	0	0	0
Financial Costs	51 000	73 000	67 000	66 000
Financial Balance	−51 000	−73 000	−67 000	−66 000
Earnings Before Tax	60 000	215 000	−167 000	24 000
Tax	23 000	27 000	0	0
Net Income	37 000	188 000	−167 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	245 000	417 000	366 000	603 000
Total Current Assets	82 000	399 000	125 000	73 000
Total Assets	327 000	816 000	491 000	677 000
Total Retained Equity	−54 000	−90 000	−278 000	−111 000
Total Equity	−29 000	−66 000	−254 000	−87 000
Total Long-Term Debt	303 000	808 000	735 000	668 000
Total Current Debt	53 000	74 000	10 000	96 000
Total Equity and Debt	327 000	816 000	491 000	677 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	446 000	662 000	227 000	478 000
Other Income	0	0	0	0
Revenue	446 000	662 000	227 000	478 000
Cost of Goods Sold	8 000	9 000	0	0
Salary Costs	0	0	0	0
Depreciation	173 000	166 000	238 000	240 000
Impairment	0	0	0	0
Expenditure	336 000	374 000	327 000	387 000
Operating Profit	110 000	289 000	−100 000	91 000
Financial Income	0	0	0	0
Financial Costs	51 000	73 000	67 000	66 000
Financial Balance	−51 000	−73 000	−67 000	−66 000
Dividends	0	0	0	0
Net Income	37 000	188 000	−167 000	24 000

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	245 000	0	0	0
Fixtures	0	417 000	366 000	603 000
Total Tangible Assets	245 000	417 000	366 000	603 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	245 000	417 000	366 000	603 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	35 000	102 000	82 000	32 000
Total Current Assets	82 000	399 000	125 000	73 000
Total Assets	327 000	816 000	491 000	677 000
Total Equity	−29 000	−66 000	−254 000	−87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	303 000	808 000	735 000	668 000
Creditors	17 000	19 000	2 000	96 000
Unpaid Taxes	6 000	28 000	8 000	0
Dividends	0	0	0	0
Other Current Debt	7 000	0	0	0
Total Current Debt	53 000	74 000	10 000	96 000
Total Equity and Debt	327 000	816 000	491 000	677 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−127,59 %	−284,85 %	65,75 %	−27,59 %
Debt-to-Equity Ratio	−10,45	−12,24	−2,89	−7,68
Operating Profit Margin	24,66 %	43,66 %	−44,05 %	19,04 %
Current Ratio	1,55	5,39	12,5	0,76
Quick Ratio	1,55	5,39	12,5	0,76
Equity Ratio	−0,09	−0,08	−0,52	−0,13
Gross Profit Margin	98,21 %	98,64 %	100 %	100 %