BLUE BAY AS

1338 SANDVIKA

Finances

Share Ownership

Return on Equity

32,03 %

Current Ratio

6,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 657 000	2 410 000	1 496 000	1 932 000
Net Income	703 000	998 000	670 000	−37 000
Total Assets	2 587 000	1 890 000	933 000	184 000
Total Equity	2 195 000	1 492 000	661 000	−9 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 657 000	2 410 000	1 496 000	1 932 000
Expenditure	1 754 000	1 114 000	641 000	1 970 000
Operating Profit	902 000	1 297 000	855 000	−39 000
Financial Income	26 000	8 000	10 000	10 000
Financial Costs	25 000	19 000	15 000	8 000
Financial Balance	1 000	−11 000	−5 000	2 000
Earnings Before Tax	903 000	1 286 000	850 000	−37 000
Tax	200 000	288 000	180 000	0
Net Income	703 000	998 000	670 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	80 000	107 000	0
Total Current Assets	2 534 000	1 810 000	826 000	184 000
Total Assets	2 587 000	1 890 000	933 000	184 000
Total Retained Equity	2 171 000	1 467 000	636 000	−34 000
Total Equity	2 195 000	1 492 000	661 000	−9 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	392 000	398 000	272 000	194 000
Total Equity and Debt	2 587 000	1 890 000	933 000	184 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 657 000	2 410 000	1 496 000	1 932 000
Other Income	0	0	0	0
Revenue	2 657 000	2 410 000	1 496 000	1 932 000
Cost of Goods Sold	6 000	2 000	2 000	7 000
Salary Costs	1 106 000	480 000	381 000	1 169 000
Depreciation	27 000	27 000	27 000	0
Impairment	0	0	0	0
Expenditure	1 754 000	1 114 000	641 000	1 970 000
Operating Profit	902 000	1 297 000	855 000	−39 000
Financial Income	26 000	8 000	10 000	10 000
Financial Costs	25 000	19 000	15 000	8 000
Financial Balance	1 000	−11 000	−5 000	2 000
Dividends	0	167 000	0	0
Net Income	703 000	998 000	670 000	−37 000

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	54 000	80 000	107 000	0
Total Tangible Assets	54 000	80 000	107 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	80 000	107 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 487 000	1 797 000	559 000	155 000
Total Current Assets	2 534 000	1 810 000	826 000	184 000
Total Assets	2 587 000	1 890 000	933 000	184 000
Total Equity	2 195 000	1 492 000	661 000	−9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	8 000	0
Unpaid Taxes	101 000	72 000	21 000	99 000
Dividends	0	167 000	0	0
Other Current Debt	90 000	38 000	64 000	95 000
Total Current Debt	392 000	398 000	272 000	194 000
Total Equity and Debt	2 587 000	1 890 000	933 000	184 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,03 %	66,89 %	101,36 %	411,11 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	33,95 %	53,82 %	57,15 %	−2,02 %
Current Ratio	6,46	4,55	3,04	0,95
Quick Ratio	6,46	4,55	3,04	0,95
Equity Ratio	0,85	0,79	0,71	−0,05
Gross Profit Margin	99,77 %	99,92 %	99,87 %	99,64 %