BÅLSTEDET AS

2816 GJØVIK

Finances

Share Ownership

Return on Equity

74,58 %

Current Ratio

1,59

Debt-to-Equity Ratio

2,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 224 000	23 655 000	5 941 000	1 127 000
Net Income	1 678 000	4 396 000	841 000	0
Total Assets	18 030 000	14 100 000	1 887 000	587 000
Total Equity	2 250 000	72 000	44 000	−17 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 224 000	23 655 000	5 941 000	1 127 000
Expenditure	22 834 000	17 989 000	4 888 000	1 106 000
Operating Profit	2 390 000	5 665 000	1 053 000	20 000
Financial Income	132 000	206 000	34 000	0
Financial Costs	323 000	235 000	29 000	17 000
Financial Balance	−191 000	−29 000	5 000	−17 000
Earnings Before Tax	2 199 000	5 636 000	1 058 000	3 000
Tax	521 000	1 240 000	218 000	3 000
Net Income	1 678 000	4 396 000	841 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	906 000	1 135 000	423 000	12 000
Total Current Assets	17 124 000	12 964 000	1 463 000	576 000
Total Assets	18 030 000	14 100 000	1 887 000	587 000
Total Retained Equity	1 720 000	42 000	14 000	−47 000
Total Equity	2 250 000	72 000	44 000	−17 000
Total Long-Term Debt	5 041 000	692 000	352 000	120 000
Total Current Debt	10 739 000	13 336 000	1 491 000	485 000
Total Equity and Debt	18 030 000	14 100 000	1 887 000	587 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 224 000	23 565 000	5 941 000	1 127 000
Other Income	0	90 000	0	0
Revenue	25 224 000	23 655 000	5 941 000	1 127 000
Cost of Goods Sold	15 809 000	12 152 000	3 558 000	753 000
Salary Costs	2 033 000	1 463 000	101 000	0
Depreciation	272 000	134 000	38 000	4 000
Impairment	0	0	0	0
Expenditure	22 834 000	17 989 000	4 888 000	1 106 000
Operating Profit	2 390 000	5 665 000	1 053 000	20 000
Financial Income	132 000	206 000	34 000	0
Financial Costs	323 000	235 000	29 000	17 000
Financial Balance	−191 000	−29 000	5 000	−17 000
Dividends	0	0	0	0
Net Income	1 678 000	4 396 000	841 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	92 000	130 000	168 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	130 000	137 000	0
Fixtures	741 000	845 000	89 000	12 000
Total Tangible Assets	741 000	976 000	225 000	12 000
Total Fiancial Fixed Assets	73 000	30 000	30 000	0
Total Fixed Assets	906 000	1 135 000	423 000	12 000
Stock	11 272 000	8 381 000	666 000	517 000
Total Investments	0	0	0	0
Cash, Bank	2 564 000	4 493 000	509 000	−54 000
Total Current Assets	17 124 000	12 964 000	1 463 000	576 000
Total Assets	18 030 000	14 100 000	1 887 000	587 000
Total Equity	2 250 000	72 000	44 000	−17 000
Short-Term Group Debt	2 272 000	5 800 000	1 000 000	0
Total Long-Term Debt	5 041 000	692 000	352 000	120 000
Creditors	6 699 000	6 127 000	220 000	0
Unpaid Taxes	866 000	1 268 000	267 000	92 000
Dividends	0	0	0	0
Other Current Debt	612 000	133 000	4 000	390 000
Total Current Debt	10 739 000	13 336 000	1 491 000	485 000
Total Equity and Debt	18 030 000	14 100 000	1 887 000	587 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,58 %	6 105,56 %	1 911,36 %	−0 %
Debt-to-Equity Ratio	2,24	9,61	8	−7,06
Operating Profit Margin	9,48 %	23,95 %	17,72 %	1,77 %
Current Ratio	1,59	0,97	0,98	1,19
Quick Ratio	−32,13	2,62	1,77	−18
Equity Ratio	0,12	0,01	0,02	−0,03
Gross Profit Margin	37,33 %	48,63 %	40,11 %	33,19 %