H. B. BLICHFELDT AS

1365 BLOMMENHOLM

Finances

Share Ownership

Return on Equity

43,03 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 832 000	6 364 000	5 205 000	5 485 000
Net Income	216 000	123 000	230 000	151 000
Total Assets	2 695 000	2 726 000	2 297 000	2 218 000
Total Equity	502 000	461 000	338 000	108 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 832 000	6 364 000	5 205 000	5 485 000
Expenditure	7 509 000	6 164 000	4 854 000	5 230 000
Operating Profit	323 000	200 000	351 000	254 000
Financial Income	0	0	0	0
Financial Costs	27 000	36 000	37 000	70 000
Financial Balance	−27 000	−36 000	−37 000	−70 000
Earnings Before Tax	296 000	164 000	314 000	185 000
Tax	80 000	41 000	85 000	34 000
Net Income	216 000	123 000	230 000	151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	462 000	666 000	542 000	716 000
Total Current Assets	2 233 000	2 060 000	1 755 000	1 502 000
Total Assets	2 695 000	2 726 000	2 297 000	2 218 000
Total Retained Equity	452 000	411 000	288 000	58 000
Total Equity	502 000	461 000	338 000	108 000
Total Long-Term Debt	350 000	584 000	498 000	679 000
Total Current Debt	1 844 000	1 681 000	1 462 000	1 431 000
Total Equity and Debt	2 695 000	2 726 000	2 297 000	2 218 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 825 000	6 349 000	5 117 000	5 485 000
Other Income	7 000	15 000	88 000	0
Revenue	7 832 000	6 364 000	5 205 000	5 485 000
Cost of Goods Sold	1 173 000	1 017 000	667 000	786 000
Salary Costs	4 409 000	3 547 000	2 709 000	2 856 000
Depreciation	205 000	172 000	173 000	129 000
Impairment	0	0	0	0
Expenditure	7 509 000	6 164 000	4 854 000	5 230 000
Operating Profit	323 000	200 000	351 000	254 000
Financial Income	0	0	0	0
Financial Costs	27 000	36 000	37 000	70 000
Financial Balance	−27 000	−36 000	−37 000	−70 000
Dividends	175 000	0	0	0
Net Income	216 000	123 000	230 000	151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	253 000	341 000	0	546 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	208 000	325 000	542 000	170 000
Total Tangible Assets	462 000	666 000	542 000	716 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	462 000	666 000	542 000	716 000
Stock	540 000	523 000	398 000	268 000
Total Investments	0	0	0	0
Cash, Bank	1 621 000	1 309 000	1 340 000	1 192 000
Total Current Assets	2 233 000	2 060 000	1 755 000	1 502 000
Total Assets	2 695 000	2 726 000	2 297 000	2 218 000
Total Equity	502 000	461 000	338 000	108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	350 000	584 000	498 000	679 000
Creditors	189 000	411 000	208 000	119 000
Unpaid Taxes	558 000	383 000	309 000	377 000
Dividends	175 000	0	0	0
Other Current Debt	842 000	847 000	861 000	902 000
Total Current Debt	1 844 000	1 681 000	1 462 000	1 431 000
Total Equity and Debt	2 695 000	2 726 000	2 297 000	2 218 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,03 %	26,68 %	68,05 %	139,81 %
Debt-to-Equity Ratio	0,7	1,27	1,47	6,29
Operating Profit Margin	4,12 %	3,14 %	6,74 %	4,63 %
Current Ratio	1,21	1,23	1,2	1,05
Quick Ratio	1,71	1,78	1,65	1,29
Equity Ratio	0,19	0,17	0,15	0,05
Gross Profit Margin	85,02 %	84,02 %	87,19 %	85,67 %