BIRGER VORMESTRAND AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

4,49 %

Current Ratio

9,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 462 000	1 762 000	2 144 000	1 681 000
Net Income	523 000	333 000	563 000	332 000
Total Assets	12 928 000	12 638 000	12 658 000	11 698 000
Total Equity	11 651 000	11 128 000	10 795 000	10 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 462 000	1 762 000	2 144 000	1 681 000
Expenditure	242 000	357 000	609 000	517 000
Operating Profit	448 000	385 000	599 000	309 000
Financial Income	223 000	41 000	124 000	117 000
Financial Costs	0	0	1 000	0
Financial Balance	223 000	41 000	123 000	117 000
Earnings Before Tax	671 000	427 000	722 000	426 000
Tax	148 000	94 000	159 000	94 000
Net Income	523 000	333 000	563 000	332 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	612 000	614 000	619 000	621 000
Total Current Assets	12 316 000	12 024 000	12 040 000	11 077 000
Total Assets	12 928 000	12 638 000	12 658 000	11 698 000
Total Retained Equity	11 531 000	11 008 000	10 675 000	10 111 000
Total Equity	11 651 000	11 128 000	10 795 000	10 231 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 277 000	1 511 000	1 863 000	1 467 000
Total Equity and Debt	12 928 000	12 638 000	12 658 000	11 698 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 462 000	1 762 000	2 144 000	1 681 000
Other Income	0	0	0	0
Revenue	1 462 000	1 762 000	2 144 000	1 681 000
Cost of Goods Sold	0	0	0	0
Salary Costs	68 000	187 000	439 000	371 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	242 000	357 000	609 000	517 000
Operating Profit	448 000	385 000	599 000	309 000
Financial Income	223 000	41 000	124 000	117 000
Financial Costs	0	0	1 000	0
Financial Balance	223 000	41 000	123 000	117 000
Dividends	0	0	0	0
Net Income	523 000	333 000	563 000	332 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	44 000	49 000	51 000
Real Eastate	570 000	570 000	570 000	570 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	570 000	570 000	570 000	570 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	612 000	614 000	619 000	621 000
Stock	625 000	700 000	886 000	688 000
Total Investments	0	0	0	0
Cash, Bank	11 439 000	11 118 000	10 888 000	10 120 000
Total Current Assets	12 316 000	12 024 000	12 040 000	11 077 000
Total Assets	12 928 000	12 638 000	12 658 000	11 698 000
Total Equity	11 651 000	11 128 000	10 795 000	10 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	873 000	984 000	1 254 000	992 000
Unpaid Taxes	36 000	68 000	54 000	46 000
Dividends	0	0	0	0
Other Current Debt	222 000	370 000	399 000	341 000
Total Current Debt	1 277 000	1 511 000	1 863 000	1 467 000
Total Equity and Debt	12 928 000	12 638 000	12 658 000	11 698 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,49 %	2,99 %	5,22 %	3,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,64 %	21,85 %	27,94 %	18,38 %
Current Ratio	9,64	7,96	6,46	7,55
Quick Ratio	18,89	14,83	12,32	14,22
Equity Ratio	0,9	0,88	0,85	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %