BTEC AS

5420 RUBBESTADNESET

Finances

Share Ownership

Return on Equity

48,43 %

Current Ratio

0,54

Debt-to-Equity Ratio

−2,48

Key figures (NOK)	2021	2020	2019	2018
Revenue	18 978 000	26 387 000	28 266 000	18 945 000
Net Income	−1 547 000	−3 125 000	3 569 000	1 772 000
Total Assets	10 937 000	18 053 000	17 975 000	15 217 000
Total Equity	−3 194 000	−111 000	3 001 000	−568 000

Income (NOK)	2021	2020	2019	2018
Revenue	18 978 000	26 387 000	28 266 000	18 945 000
Expenditure	20 013 000	28 027 000	23 368 000	15 965 000
Operating Profit	−1 059 000	−1 640 000	4 898 000	2 980 000
Financial Income	8 000	80 000	1 000	38 000
Financial Costs	529 000	1 483 000	814 000	681 000
Financial Balance	−521 000	−1 403 000	−813 000	−643 000
Earnings Before Tax	−1 580 000	−3 043 000	4 084 000	2 337 000
Tax	−33 000	82 000	515 000	564 000
Net Income	−1 547 000	−3 125 000	3 569 000	1 772 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	7 573 000	8 228 000	8 687 000	9 306 000
Total Current Assets	3 364 000	9 825 000	9 288 000	5 911 000
Total Assets	10 937 000	18 053 000	17 975 000	15 217 000
Total Retained Equity	−3 686 000	−602 000	2 509 000	−1 060 000
Total Equity	−3 194 000	−111 000	3 001 000	−568 000
Total Long-Term Debt	7 937 000	9 104 000	9 815 000	10 723 000
Total Current Debt	6 193 000	9 060 000	5 160 000	5 062 000
Total Equity and Debt	10 937 000	18 053 000	17 975 000	15 217 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	16 210 000	24 597 000	25 485 000	18 945 000
Other Income	2 768 000	1 790 000	2 780 000	0
Revenue	18 978 000	26 387 000	28 266 000	18 945 000
Cost of Goods Sold	3 586 000	8 214 000	2 928 000	1 497 000
Salary Costs	9 623 000	9 967 000	12 015 000	8 051 000
Depreciation	822 000	691 000	627 000	636 000
Impairment	0	0	0	0
Expenditure	20 013 000	28 027 000	23 368 000	15 965 000
Operating Profit	−1 059 000	−1 640 000	4 898 000	2 980 000
Financial Income	8 000	80 000	1 000	38 000
Financial Costs	529 000	1 483 000	814 000	681 000
Financial Balance	−521 000	−1 403 000	−813 000	−643 000
Dividends	0	0	0	0
Net Income	−1 547 000	−3 125 000	3 569 000	1 772 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 934 000	4 038 000	4 141 000	4 131 000
Machinery and Plant Facilities	2 213 000	2 686 000	2 849 000	3 117 000
Fixtures	1 426 000	1 483 000	1 598 000	1 883 000
Total Tangible Assets	7 573 000	8 207 000	8 589 000	9 131 000
Total Fiancial Fixed Assets	0	21 000	98 000	175 000
Total Fixed Assets	7 573 000	8 228 000	8 687 000	9 306 000
Stock	240 000	2 624 000	263 000	875 000
Total Investments	0	0	0	0
Cash, Bank	604 000	0	423 000	348 000
Total Current Assets	3 364 000	9 825 000	9 288 000	5 911 000
Total Assets	10 937 000	18 053 000	17 975 000	15 217 000
Total Equity	−3 194 000	−111 000	3 001 000	−568 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 937 000	9 104 000	9 815 000	10 723 000
Creditors	1 478 000	3 631 000	733 000	1 677 000
Unpaid Taxes	2 479 000	3 185 000	1 651 000	1 510 000
Dividends	0	0	0	0
Other Current Debt	2 318 000	1 248 000	1 262 000	823 000
Total Current Debt	6 193 000	9 060 000	5 160 000	5 062 000
Total Equity and Debt	10 937 000	18 053 000	17 975 000	15 217 000

Financial indicators	2021	2020	2019	2018
Return on Equity	48,43 %	2 815,32 %	118,93 %	−311,97 %
Debt-to-Equity Ratio	−2,48	−82,02	3,27	−18,88
Operating Profit Margin	−5,58 %	−6,22 %	17,33 %	15,73 %
Current Ratio	0,54	1,08	1,8	1,17
Quick Ratio	0,57	1,53	1,9	1,41
Equity Ratio	−0,29	−0,01	0,17	−0,04
Gross Profit Margin	81,1 %	68,87 %	89,64 %	92,1 %