BATEC AS

3725 SKIEN

Finances

Share Ownership

Return on Equity

−10,26 %

Current Ratio

3,31

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	651 000	1 311 000	341 000	480 000
Net Income	−28 000	73 000	−46 000	61 000
Total Assets	423 000	581 000	559 000	394 000
Total Equity	273 000	301 000	230 000	226 000

Income (NOK)	2022	2021	2020	2019
Revenue	651 000	1 311 000	341 000	480 000
Expenditure	650 000	1 221 000	378 000	407 000
Operating Profit	1 000	89 000	−37 000	72 000
Financial Income	0	0	0	0
Financial Costs	6 000	7 000	9 000	11 000
Financial Balance	−6 000	−7 000	−9 000	−11 000
Earnings Before Tax	−5 000	82 000	−46 000	61 000
Tax	23 000	9 000	0	0
Net Income	−28 000	73 000	−46 000	61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	241 000	251 000	261 000	271 000
Total Current Assets	182 000	330 000	298 000	123 000
Total Assets	423 000	581 000	559 000	394 000
Total Retained Equity	243 000	271 000	200 000	196 000
Total Equity	273 000	301 000	230 000	226 000
Total Long-Term Debt	95 000	126 000	130 000	174 000
Total Current Debt	55 000	154 000	200 000	−6 000
Total Equity and Debt	423 000	581 000	559 000	394 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	651 000	1 311 000	341 000	480 000
Other Income	0	0	0	0
Revenue	651 000	1 311 000	341 000	480 000
Cost of Goods Sold	18 000	23 000	22 000	0
Salary Costs	513 000	967 000	140 000	214 000
Depreciation	10 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	650 000	1 221 000	378 000	407 000
Operating Profit	1 000	89 000	−37 000	72 000
Financial Income	0	0	0	0
Financial Costs	6 000	7 000	9 000	11 000
Financial Balance	−6 000	−7 000	−9 000	−11 000
Dividends	0	0	0	0
Net Income	−28 000	73 000	−46 000	61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	241 000	251 000	261 000	271 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	241 000	251 000	261 000	271 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	241 000	251 000	261 000	271 000
Stock	2 000	2 000	2 000	1 000
Total Investments	0	0	0	0
Cash, Bank	153 000	141 000	1 000	119 000
Total Current Assets	182 000	330 000	298 000	123 000
Total Assets	423 000	581 000	559 000	394 000
Total Equity	273 000	301 000	230 000	226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	95 000	126 000	130 000	174 000
Creditors	0	4 000	19 000	0
Unpaid Taxes	2 000	54 000	76 000	19 000
Dividends	0	0	0	0
Other Current Debt	52 000	101 000	105 000	19 000
Total Current Debt	55 000	154 000	200 000	−6 000
Total Equity and Debt	423 000	581 000	559 000	394 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,26 %	24,25 %	−20 %	26,99 %
Debt-to-Equity Ratio	0,35	0,42	0,57	0,77
Operating Profit Margin	0,15 %	6,79 %	−10,85 %	15 %
Current Ratio	3,31	2,14	1,49	−20,5
Quick Ratio	3,43	2,17	1,51	−17,57
Equity Ratio	0,65	0,52	0,41	0,57
Gross Profit Margin	97,24 %	98,25 %	93,55 %	100 %