BAHR INNOVATION AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

−1 296,81 %

Current Ratio

1,71

Debt-to-Equity Ratio

25,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 536 000	3 019 000	1 179 000	1 113 000
Net Income	−1 219 000	−347 000	−367 000	234 000
Total Assets	3 132 000	3 809 000	3 540 000	325 000
Total Equity	94 000	872 000	745 000	212 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 536 000	3 019 000	1 179 000	1 113 000
Expenditure	5 119 000	3 702 000	1 538 000	878 000
Operating Profit	−1 565 000	−556 000	−359 000	235 000
Financial Income	9 000	4 000	3 000	0
Financial Costs	28 000	24 000	11 000	1 000
Financial Balance	−19 000	−20 000	−8 000	−1 000
Earnings Before Tax	−1 584 000	−576 000	−367 000	234 000
Tax	−365 000	−229 000	0	0
Net Income	−1 219 000	−347 000	−367 000	234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 104 000	1 311 000	208 000	133 000
Total Current Assets	1 028 000	2 498 000	3 331 000	192 000
Total Assets	3 132 000	3 809 000	3 540 000	325 000
Total Retained Equity	−2 022 000	−802 000	−455 000	−88 000
Total Equity	94 000	872 000	745 000	212 000
Total Long-Term Debt	2 437 000	2 547 000	2 657 000	0
Total Current Debt	602 000	391 000	138 000	113 000
Total Equity and Debt	3 132 000	3 809 000	3 540 000	325 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 536 000	3 019 000	1 179 000	1 113 000
Other Income	0	0	0	0
Revenue	3 536 000	3 019 000	1 179 000	1 113 000
Cost of Goods Sold	1 327 000	1 262 000	302 000	235 000
Salary Costs	1 795 000	519 000	495 000	280 000
Depreciation	312 000	149 000	103 000	66 000
Impairment	0	0	0	0
Expenditure	5 119 000	3 702 000	1 538 000	878 000
Operating Profit	−1 565 000	−556 000	−359 000	235 000
Financial Income	9 000	4 000	3 000	0
Financial Costs	28 000	24 000	11 000	1 000
Financial Balance	−19 000	−20 000	−8 000	−1 000
Dividends	0	0	0	0
Net Income	−1 219 000	−347 000	−367 000	234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 330 000	820 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	723 000	440 000	157 000	133 000
Total Tangible Assets	723 000	440 000	157 000	133 000
Total Fiancial Fixed Assets	51 000	51 000	51 000	0
Total Fixed Assets	2 104 000	1 311 000	208 000	133 000
Stock	82 000	73 000	50 000	0
Total Investments	0	0	0	0
Cash, Bank	567 000	2 072 000	3 199 000	190 000
Total Current Assets	1 028 000	2 498 000	3 331 000	192 000
Total Assets	3 132 000	3 809 000	3 540 000	325 000
Total Equity	94 000	872 000	745 000	212 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 437 000	2 547 000	2 657 000	0
Creditors	142 000	134 000	66 000	18 000
Unpaid Taxes	244 000	119 000	24 000	75 000
Dividends	0	0	0	0
Other Current Debt	217 000	137 000	48 000	20 000
Total Current Debt	602 000	391 000	138 000	113 000
Total Equity and Debt	3 132 000	3 809 000	3 540 000	325 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 296,81 %	−39,79 %	−49,26 %	110,38 %
Debt-to-Equity Ratio	25,93	2,92	3,57	0
Operating Profit Margin	−44,26 %	−18,42 %	−30,45 %	21,11 %
Current Ratio	1,71	6,39	24,14	1,7
Quick Ratio	1,98	7,86	37,85	1,7
Equity Ratio	0,03	0,23	0,21	0,65
Gross Profit Margin	62,47 %	58,2 %	74,39 %	78,89 %