BLUETEC AS

3112 TØNSBERG

Finances

Return on Equity

2,16 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 497 000	42 283 000	33 258 000	28 651 000
Net Income	53 000	950 000	796 000	217 000
Total Assets	19 904 000	9 076 000	7 466 000	7 809 000
Total Equity	2 459 000	2 406 000	1 456 000	660 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 497 000	42 283 000	33 258 000	28 651 000
Expenditure	60 243 000	40 995 000	33 107 000	28 432 000
Operating Profit	254 000	1 288 000	150 000	219 000
Financial Income	13 000	3 000	0	1 000
Financial Costs	197 000	67 000	79 000	3 000
Financial Balance	−184 000	−64 000	−79 000	−2 000
Earnings Before Tax	70 000	1 224 000	71 000	217 000
Tax	17 000	273 000	−725 000	0
Net Income	53 000	950 000	796 000	217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 302 000	790 000	1 075 000	0
Total Current Assets	18 602 000	8 286 000	6 391 000	7 809 000
Total Assets	19 904 000	9 076 000	7 466 000	7 809 000
Total Retained Equity	−1 571 000	−1 624 000	−2 574 000	−3 370 000
Total Equity	2 459 000	2 406 000	1 456 000	660 000
Total Long-Term Debt	933 000	1 333 000	1 733 000	0
Total Current Debt	16 512 000	5 336 000	4 276 000	7 149 000
Total Equity and Debt	19 904 000	9 076 000	7 466 000	7 809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 497 000	42 283 000	33 258 000	28 651 000
Other Income	0	0	0	0
Revenue	60 497 000	42 283 000	33 258 000	28 651 000
Cost of Goods Sold	37 832 000	25 283 000	20 350 000	18 504 000
Salary Costs	17 097 000	12 025 000	9 540 000	7 362 000
Depreciation	72 000	11 000	6 000	0
Impairment	0	0	0	0
Expenditure	60 243 000	40 995 000	33 107 000	28 432 000
Operating Profit	254 000	1 288 000	150 000	219 000
Financial Income	13 000	3 000	0	1 000
Financial Costs	197 000	67 000	79 000	3 000
Financial Balance	−184 000	−64 000	−79 000	−2 000
Dividends	0	0	0	0
Net Income	53 000	950 000	796 000	217 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	434 000	451 000	725 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	568 000	39 000	50 000	0
Fixtures	0	0	0	0
Total Tangible Assets	568 000	39 000	50 000	0
Total Fiancial Fixed Assets	300 000	300 000	300 000	0
Total Fixed Assets	1 302 000	790 000	1 075 000	0
Stock	8 463 000	395 000	88 000	0
Total Investments	0	0	0	0
Cash, Bank	611 000	3 906 000	3 044 000	2 140 000
Total Current Assets	18 602 000	8 286 000	6 391 000	7 809 000
Total Assets	19 904 000	9 076 000	7 466 000	7 809 000
Total Equity	2 459 000	2 406 000	1 456 000	660 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	933 000	1 333 000	1 733 000	0
Creditors	4 537 000	2 563 000	1 788 000	4 971 000
Unpaid Taxes	4 425 000	1 621 000	1 457 000	1 304 000
Dividends	0	0	0	0
Other Current Debt	5 150 000	1 153 000	1 031 000	874 000
Total Current Debt	16 512 000	5 336 000	4 276 000	7 149 000
Total Equity and Debt	19 904 000	9 076 000	7 466 000	7 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,16 %	39,48 %	54,67 %	32,88 %
Debt-to-Equity Ratio	0,38	0,55	1,19	0
Operating Profit Margin	0,42 %	3,05 %	0,45 %	0,76 %
Current Ratio	1,13	1,55	1,49	1,09
Quick Ratio	2,31	1,68	1,53	1,09
Equity Ratio	0,12	0,27	0,2	0,08
Gross Profit Margin	37,46 %	40,21 %	38,81 %	35,42 %