BIORACER NORWAY AS

7031 TRONDHEIM

Finances

Share Ownership

Return on Equity

−36,37 %

Current Ratio

0,52

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 830 000	15 026 000	9 187 000	11 401 000
Net Income	650 000	1 923 000	−2 043 000	−356 000
Total Assets	2 851 000	4 008 000	2 903 000	2 877 000
Total Equity	−1 787 000	−2 437 000	−4 360 000	−4 411 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 830 000	15 026 000	9 187 000	11 401 000
Expenditure	14 851 000	13 271 000	10 884 000	11 715 000
Operating Profit	980 000	1 754 000	−1 697 000	−313 000
Financial Income	122 000	424 000	173 000	161 000
Financial Costs	452 000	255 000	519 000	204 000
Financial Balance	−330 000	169 000	−346 000	−43 000
Earnings Before Tax	650 000	1 923 000	−2 043 000	−356 000
Tax	0	0	0	0
Net Income	650 000	1 923 000	−2 043 000	−356 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	418 000	451 000	363 000	415 000
Total Current Assets	2 433 000	3 557 000	2 541 000	2 462 000
Total Assets	2 851 000	4 008 000	2 903 000	2 877 000
Total Retained Equity	−5 120 000	−5 770 000	−7 693 000	−5 650 000
Total Equity	−1 787 000	−2 437 000	−4 360 000	−4 411 000
Total Long-Term Debt	0	1 998 000	2 094 000	4 024 000
Total Current Debt	4 637 000	4 447 000	5 170 000	3 263 000
Total Equity and Debt	2 851 000	4 008 000	2 903 000	2 877 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 828 000	15 026 000	9 157 000	11 401 000
Other Income	2 000	0	30 000	0
Revenue	15 830 000	15 026 000	9 187 000	11 401 000
Cost of Goods Sold	9 380 000	8 522 000	6 033 000	6 760 000
Salary Costs	2 756 000	2 588 000	1 941 000	2 172 000
Depreciation	171 000	157 000	141 000	130 000
Impairment	0	0	0	0
Expenditure	14 851 000	13 271 000	10 884 000	11 715 000
Operating Profit	980 000	1 754 000	−1 697 000	−313 000
Financial Income	122 000	424 000	173 000	161 000
Financial Costs	452 000	255 000	519 000	204 000
Financial Balance	−330 000	169 000	−346 000	−43 000
Dividends	0	0	0	0
Net Income	650 000	1 923 000	−2 043 000	−356 000

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	413 000	446 000	358 000	410 000
Total Tangible Assets	413 000	446 000	358 000	410 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	418 000	451 000	363 000	415 000
Stock	834 000	2 204 000	684 000	518 000
Total Investments	0	0	0	0
Cash, Bank	1 352 000	780 000	1 512 000	1 198 000
Total Current Assets	2 433 000	3 557 000	2 541 000	2 462 000
Total Assets	2 851 000	4 008 000	2 903 000	2 877 000
Total Equity	−1 787 000	−2 437 000	−4 360 000	−4 411 000
Short-Term Group Debt	2 208 000	3 351 000	4 533 000	2 690 000
Total Long-Term Debt	0	1 998 000	2 094 000	4 024 000
Creditors	1 645 000	74 000	31 000	20 000
Unpaid Taxes	252 000	379 000	333 000	359 000
Dividends	0	0	0	0
Other Current Debt	532 000	644 000	273 000	193 000
Total Current Debt	4 637 000	4 447 000	5 170 000	3 263 000
Total Equity and Debt	2 851 000	4 008 000	2 903 000	2 877 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,37 %	−78,91 %	46,86 %	8,07 %
Debt-to-Equity Ratio	−0	−0,82	−0,48	−0,91
Operating Profit Margin	6,19 %	11,67 %	−18,47 %	−2,75 %
Current Ratio	0,52	0,8	0,49	0,75
Quick Ratio	0,64	1,59	0,57	0,9
Equity Ratio	−0,63	−0,61	−1,5	−1,53
Gross Profit Margin	40,75 %	43,28 %	34,33 %	40,71 %