BADNOR AS

4374 EGERSUND

Finances

Share Ownership

Return on Equity

77,05 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 943 000	22 196 000	16 160 000	8 402 000
Net Income	3 328 000	4 169 000	3 426 000	914 000
Total Assets	17 231 000	14 080 000	8 529 000	4 474 000
Total Equity	4 319 000	3 526 000	1 386 000	1 391 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 943 000	22 196 000	16 160 000	8 402 000
Expenditure	22 802 000	16 819 000	12 506 000	8 152 000
Operating Profit	4 140 000	5 378 000	4 420 000	1 188 000
Financial Income	326 000	3 000	0	1 000
Financial Costs	200 000	36 000	27 000	17 000
Financial Balance	126 000	−33 000	−27 000	−16 000
Earnings Before Tax	4 266 000	5 345 000	4 393 000	1 172 000
Tax	939 000	1 176 000	967 000	258 000
Net Income	3 328 000	4 169 000	3 426 000	914 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 607 000	1 327 000	221 000	226 000
Total Current Assets	15 623 000	12 753 000	8 308 000	4 247 000
Total Assets	17 231 000	14 080 000	8 529 000	4 474 000
Total Retained Equity	3 825 000	3 032 000	891 000	897 000
Total Equity	4 319 000	3 526 000	1 386 000	1 391 000
Total Long-Term Debt	1 165 000	1 521 000	936 000	420 000
Total Current Debt	11 746 000	9 032 000	6 207 000	2 662 000
Total Equity and Debt	17 231 000	14 080 000	8 529 000	4 474 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 400 000	22 169 000	16 056 000	8 308 000
Other Income	543 000	27 000	104 000	94 000
Revenue	26 943 000	22 196 000	16 160 000	8 402 000
Cost of Goods Sold	12 159 000	9 416 000	7 437 000	4 375 000
Salary Costs	2 489 000	1 640 000	1 405 000	1 019 000
Depreciation	333 000	207 000	55 000	52 000
Impairment	0	0	0	0
Expenditure	22 802 000	16 819 000	12 506 000	8 152 000
Operating Profit	4 140 000	5 378 000	4 420 000	1 188 000
Financial Income	326 000	3 000	0	1 000
Financial Costs	200 000	36 000	27 000	17 000
Financial Balance	126 000	−33 000	−27 000	−16 000
Dividends	0	0	0	0
Net Income	3 328 000	4 169 000	3 426 000	914 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	0	0	0
Real Eastate	82 000	0	0	0
Machinery and Plant Facilities	823 000	1 028 000	62 000	83 000
Fixtures	682 000	299 000	159 000	144 000
Total Tangible Assets	1 587 000	1 327 000	221 000	226 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 607 000	1 327 000	221 000	226 000
Stock	10 620 000	6 439 000	3 467 000	2 700 000
Total Investments	0	0	0	0
Cash, Bank	402 000	4 519 000	1 549 000	488 000
Total Current Assets	15 623 000	12 753 000	8 308 000	4 247 000
Total Assets	17 231 000	14 080 000	8 529 000	4 474 000
Total Equity	4 319 000	3 526 000	1 386 000	1 391 000
Short-Term Group Debt	8 500 000	7 468 000	4 400 000	850 000
Total Long-Term Debt	1 165 000	1 521 000	936 000	420 000
Creditors	1 438 000	−58 000	921 000	439 000
Unpaid Taxes	831 000	627 000	631 000	343 000
Dividends	0	0	0	0
Other Current Debt	487 000	416 000	255 000	915 000
Total Current Debt	11 746 000	9 032 000	6 207 000	2 662 000
Total Equity and Debt	17 231 000	14 080 000	8 529 000	4 474 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,05 %	118,24 %	247,19 %	65,71 %
Debt-to-Equity Ratio	0,27	0,43	0,68	0,3
Operating Profit Margin	15,37 %	24,23 %	27,35 %	14,14 %
Current Ratio	1,33	1,41	1,34	1,6
Quick Ratio	13,87	4,92	3,03	−111,76
Equity Ratio	0,25	0,25	0,16	0,31
Gross Profit Margin	54,87 %	57,58 %	53,98 %	47,93 %