BALKAN AS

3210 SANDEFJORD

Finances

Share Ownership

Return on Equity

12,61 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 564 000	6 880 000	4 611 000	5 681 000
Net Income	45 000	142 000	−86 000	336 000
Total Assets	953 000	1 218 000	1 103 000	1 543 000
Total Equity	357 000	512 000	498 000	630 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 564 000	6 880 000	4 611 000	5 681 000
Expenditure	7 460 000	6 688 000	4 690 000	5 175 000
Operating Profit	104 000	192 000	−80 000	506 000
Financial Income	0	0	1 000	3 000
Financial Costs	10 000	10 000	31 000	73 000
Financial Balance	−10 000	−10 000	−30 000	−70 000
Earnings Before Tax	94 000	182 000	−110 000	436 000
Tax	49 000	40 000	−24 000	99 000
Net Income	45 000	142 000	−86 000	336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	378 000	385 000	523 000	791 000
Total Current Assets	575 000	833 000	580 000	752 000
Total Assets	953 000	1 218 000	1 103 000	1 543 000
Total Retained Equity	327 000	482 000	468 000	600 000
Total Equity	357 000	512 000	498 000	630 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	596 000	706 000	605 000	913 000
Total Equity and Debt	953 000	1 218 000	1 103 000	1 543 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 559 000	6 480 000	4 606 000	5 681 000
Other Income	4 000	400 000	5 000	0
Revenue	7 564 000	6 880 000	4 611 000	5 681 000
Cost of Goods Sold	2 801 000	2 549 000	1 910 000	2 373 000
Salary Costs	2 798 000	2 492 000	1 719 000	1 829 000
Depreciation	87 000	158 000	143 000	133 000
Impairment	0	0	0	0
Expenditure	7 460 000	6 688 000	4 690 000	5 175 000
Operating Profit	104 000	192 000	−80 000	506 000
Financial Income	0	0	1 000	3 000
Financial Costs	10 000	10 000	31 000	73 000
Financial Balance	−10 000	−10 000	−30 000	−70 000
Dividends	0	150 000	0	0
Net Income	45 000	142 000	−86 000	336 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	48 000	164 000	279 000
Total Intangible Assets	0	48 000	164 000	279 000
Real Eastate	61 000	68 000	75 000	81 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	146 000	98 000	133 000	27 000
Total Tangible Assets	207 000	165 000	208 000	109 000
Total Fiancial Fixed Assets	171 000	171 000	151 000	403 000
Total Fixed Assets	378 000	385 000	523 000	791 000
Stock	83 000	82 000	76 000	80 000
Total Investments	0	0	0	0
Cash, Bank	336 000	661 000	447 000	338 000
Total Current Assets	575 000	833 000	580 000	752 000
Total Assets	953 000	1 218 000	1 103 000	1 543 000
Total Equity	357 000	512 000	498 000	630 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	94 000	276 000	365 000	467 000
Unpaid Taxes	210 000	231 000	55 000	183 000
Dividends	0	150 000	0	0
Other Current Debt	244 000	164 000	162 000	157 000
Total Current Debt	596 000	706 000	605 000	913 000
Total Equity and Debt	953 000	1 218 000	1 103 000	1 543 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,61 %	27,73 %	−17,27 %	53,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,37 %	2,79 %	−1,73 %	8,91 %
Current Ratio	0,96	1,18	0,96	0,82
Quick Ratio	1,12	1,33	1,1	0,9
Equity Ratio	0,37	0,42	0,45	0,41
Gross Profit Margin	62,97 %	62,95 %	58,58 %	58,23 %