LENE BALSVIK AS

9910 BJØRNEVATN

Finances

Share Ownership

Return on Equity

13,3 %

Current Ratio

0,04

Debt-to-Equity Ratio

−1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 000	40 000	41 000	47 000
Net Income	−25 000	−29 000	−18 000	−27 000
Total Assets	64 000	77 000	88 000	107 000
Total Equity	−188 000	−163 000	−134 000	−115 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 000	40 000	41 000	47 000
Expenditure	60 000	69 000	60 000	75 000
Operating Profit	−25 000	−29 000	−18 000	−27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−25 000	−29 000	−18 000	−27 000
Tax	0	0	0	0
Net Income	−25 000	−29 000	−18 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	74 000	85 000	106 000
Total Current Assets	1 000	2 000	3 000	1 000
Total Assets	64 000	77 000	88 000	107 000
Total Retained Equity	−218 000	−193 000	−164 000	−115 000
Total Equity	−188 000	−163 000	−134 000	−115 000
Total Long-Term Debt	225 000	219 000	222 000	222 000
Total Current Debt	27 000	20 000	0	0
Total Equity and Debt	64 000	77 000	88 000	107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 000	40 000	41 000	47 000
Other Income	0	0	0	0
Revenue	35 000	40 000	41 000	47 000
Cost of Goods Sold	1 000	1 000	3 000	5 000
Salary Costs	0	0	0	0
Depreciation	11 000	11 000	21 000	7 000
Impairment	0	0	0	0
Expenditure	60 000	69 000	60 000	75 000
Operating Profit	−25 000	−29 000	−18 000	−27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−25 000	−29 000	−18 000	−27 000

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	64 000	74 000	85 000	106 000
Fixtures	0	0	0	0
Total Tangible Assets	64 000	74 000	85 000	106 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	64 000	74 000	85 000	106 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	3 000	1 000
Total Current Assets	1 000	2 000	3 000	1 000
Total Assets	64 000	77 000	88 000	107 000
Total Equity	−188 000	−163 000	−134 000	−115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	225 000	219 000	222 000	222 000
Creditors	0	1 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	27 000	19 000	0	0
Total Current Debt	27 000	20 000	0	0
Total Equity and Debt	64 000	77 000	88 000	107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,3 %	17,79 %	13,43 %	23,48 %
Debt-to-Equity Ratio	−1,2	−1,34	−1,66	−1,93
Operating Profit Margin	−71,43 %	−72,5 %	−43,9 %	−57,45 %
Current Ratio	0,04	0,1	-	-
Quick Ratio	0,04	0,1	-	-
Equity Ratio	−2,94	−2,12	−1,52	−1,07
Gross Profit Margin	97,14 %	97,5 %	92,68 %	89,36 %