BELRON SOLUTIONS AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

3,73 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 755 000	13 627 000	9 475 000	6 015 000
Net Income	162 000	−1 386 000	−2 516 000	−450 000
Total Assets	13 972 000	13 263 000	14 821 000	13 641 000
Total Equity	4 345 000	4 183 000	5 569 000	4 728 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 755 000	13 627 000	9 475 000	6 015 000
Expenditure	20 453 000	14 864 000	12 547 000	6 705 000
Operating Profit	302 000	−1 236 000	−3 070 000	−690 000
Financial Income	5 000	24 000	5 000	2 000
Financial Costs	145 000	158 000	403 000	2 000
Financial Balance	−140 000	−134 000	−398 000	0
Earnings Before Tax	162 000	−1 370 000	−3 469 000	−690 000
Tax	0	16 000	−952 000	−240 000
Net Income	162 000	−1 386 000	−2 516 000	−450 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 284 000	3 422 000	4 349 000	4 628 000
Total Current Assets	11 688 000	9 841 000	10 472 000	9 013 000
Total Assets	13 972 000	13 263 000	14 821 000	13 641 000
Total Retained Equity	345 000	183 000	1 569 000	728 000
Total Equity	4 345 000	4 183 000	5 569 000	4 728 000
Total Long-Term Debt	3 000 000	6 000 000	6 000 000	6 000 000
Total Current Debt	6 627 000	3 080 000	3 252 000	2 912 000
Total Equity and Debt	13 972 000	13 263 000	14 821 000	13 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 709 000	9 399 000	4 239 000	6 015 000
Other Income	10 046 000	4 229 000	5 236 000	0
Revenue	20 755 000	13 627 000	9 475 000	6 015 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 587 000	8 628 000	7 338 000	4 323 000
Depreciation	1 138 000	1 094 000	1 062 000	894 000
Impairment	0	0	0	0
Expenditure	20 453 000	14 864 000	12 547 000	6 705 000
Operating Profit	302 000	−1 236 000	−3 070 000	−690 000
Financial Income	5 000	24 000	5 000	2 000
Financial Costs	145 000	158 000	403 000	2 000
Financial Balance	−140 000	−134 000	−398 000	0
Dividends	0	0	0	0
Net Income	162 000	−1 386 000	−2 516 000	−450 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 269 000	3 393 000	4 313 000	4 547 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	28 000	37 000	81 000
Total Tangible Assets	15 000	28 000	37 000	81 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 284 000	3 422 000	4 349 000	4 628 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 931 000	2 795 000	4 347 000	3 948 000
Total Current Assets	11 688 000	9 841 000	10 472 000	9 013 000
Total Assets	13 972 000	13 263 000	14 821 000	13 641 000
Total Equity	4 345 000	4 183 000	5 569 000	4 728 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000 000	6 000 000	6 000 000	6 000 000
Creditors	637 000	191 000	1 170 000	1 725 000
Unpaid Taxes	1 389 000	1 476 000	896 000	741 000
Dividends	0	0	0	0
Other Current Debt	4 600 000	1 412 000	1 186 000	446 000
Total Current Debt	6 627 000	3 080 000	3 252 000	2 912 000
Total Equity and Debt	13 972 000	13 263 000	14 821 000	13 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,73 %	−33,13 %	−45,18 %	−9,52 %
Debt-to-Equity Ratio	0,69	1,43	1,08	1,27
Operating Profit Margin	1,46 %	−9,07 %	−32,4 %	−11,47 %
Current Ratio	1,76	3,2	3,22	3,1
Quick Ratio	1,76	3,2	3,22	3,1
Equity Ratio	0,31	0,32	0,38	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %