BLUE RESOURCE GROUP AS

6018 ÅLESUND

Finances

Return on Equity

12,66 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 155 752 000	957 909 000	646 775 000	596 189 000
Net Income	13 596 000	9 756 000	10 762 000	6 884 000
Total Assets	278 736 000	216 458 000	155 426 000	107 205 000
Total Equity	107 419 000	57 153 000	47 397 000	25 115 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 155 752 000	957 909 000	646 775 000	596 189 000
Expenditure	1 126 749 000	947 307 000	633 047 000	584 754 000
Operating Profit	29 004 000	10 602 000	13 727 000	11 436 000
Financial Income	−4 089 000	4 737 000	3 370 000	345 000
Financial Costs	5 280 000	3 305 000	3 791 000	2 729 000
Financial Balance	−9 369 000	1 432 000	−421 000	−2 384 000
Earnings Before Tax	19 635 000	12 035 000	13 306 000	9 052 000
Tax	6 040 000	2 279 000	2 544 000	2 168 000
Net Income	13 596 000	9 756 000	10 762 000	6 884 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 138 000	62 879 000	46 454 000	15 361 000
Total Current Assets	213 597 000	153 579 000	108 972 000	91 843 000
Total Assets	278 736 000	216 458 000	155 426 000	107 205 000
Total Retained Equity	56 419 000	36 631 000	26 875 000	16 113 000
Total Equity	107 419 000	57 153 000	47 397 000	25 115 000
Total Long-Term Debt	22 625 000	26 125 000	30 250 000	7 000 000
Total Current Debt	148 691 000	133 179 000	77 778 000	75 090 000
Total Equity and Debt	278 736 000	216 458 000	155 426 000	107 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 155 405 000	957 974 000	646 737 000	596 182 000
Other Income	347 000	−64 000	37 000	8 000
Revenue	1 155 752 000	957 909 000	646 775 000	596 189 000
Cost of Goods Sold	1 100 181 000	929 589 000	614 119 000	569 252 000
Salary Costs	17 980 000	12 435 000	11 987 000	9 590 000
Depreciation	303 000	280 000	211 000	190 000
Impairment	0	0	0	0
Expenditure	1 126 749 000	947 307 000	633 047 000	584 754 000
Operating Profit	29 004 000	10 602 000	13 727 000	11 436 000
Financial Income	−4 089 000	4 737 000	3 370 000	345 000
Financial Costs	5 280 000	3 305 000	3 791 000	2 729 000
Financial Balance	−9 369 000	1 432 000	−421 000	−2 384 000
Dividends	0	0	0	0
Net Income	13 596 000	9 756 000	10 762 000	6 884 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	104 000	29 000	50 000	38 000
Real Eastate	1 231 000	1 231 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	729 000	688 000	913 000	561 000
Total Tangible Assets	1 959 000	1 918 000	913 000	561 000
Total Fiancial Fixed Assets	63 075 000	60 932 000	45 491 000	14 762 000
Total Fixed Assets	65 138 000	62 879 000	46 454 000	15 361 000
Stock	62 860 000	39 540 000	47 203 000	30 936 000
Total Investments	0	0	0	0
Cash, Bank	13 245 000	5 316 000	984 000	1 615 000
Total Current Assets	213 597 000	153 579 000	108 972 000	91 843 000
Total Assets	278 736 000	216 458 000	155 426 000	107 205 000
Total Equity	107 419 000	57 153 000	47 397 000	25 115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 625 000	26 125 000	30 250 000	7 000 000
Creditors	85 316 000	77 571 000	49 921 000	36 762 000
Unpaid Taxes	1 813 000	1 336 000	1 326 000	1 042 000
Dividends	0	0	0	0
Other Current Debt	9 843 000	5 544 000	11 924 000	2 173 000
Total Current Debt	148 691 000	133 179 000	77 778 000	75 090 000
Total Equity and Debt	278 736 000	216 458 000	155 426 000	107 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,66 %	17,07 %	22,71 %	27,41 %
Debt-to-Equity Ratio	0,21	0,46	0,64	0,28
Operating Profit Margin	2,51 %	1,11 %	2,12 %	1,92 %
Current Ratio	1,44	1,15	1,4	1,22
Quick Ratio	2,49	1,64	3,56	2,08
Equity Ratio	0,39	0,26	0,3	0,23
Gross Profit Margin	4,81 %	2,96 %	5,05 %	4,52 %