BATSEN AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

39,75 %

Current Ratio

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 377 000	6 869 000	5 090 000	4 472 000
Net Income	1 424 000	231 000	400 000	455 000
Total Assets	5 928 000	3 299 000	3 226 000	2 158 000
Total Equity	3 582 000	2 158 000	1 927 000	1 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 377 000	6 869 000	5 090 000	4 472 000
Expenditure	11 522 000	6 534 000	4 547 000	3 868 000
Operating Profit	1 855 000	334 000	543 000	605 000
Financial Income	0	−2 000	0	0
Financial Costs	30 000	36 000	31 000	21 000
Financial Balance	−30 000	−38 000	−31 000	−21 000
Earnings Before Tax	1 825 000	296 000	512 000	584 000
Tax	402 000	65 000	113 000	129 000
Net Income	1 424 000	231 000	400 000	455 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	821 000	597 000	707 000	192 000
Total Current Assets	5 108 000	2 702 000	2 519 000	1 965 000
Total Assets	5 928 000	3 299 000	3 226 000	2 158 000
Total Retained Equity	3 552 000	2 128 000	1 897 000	1 498 000
Total Equity	3 582 000	2 158 000	1 927 000	1 528 000
Total Long-Term Debt	645 000	264 000	504 000	200 000
Total Current Debt	1 701 000	877 000	795 000	430 000
Total Equity and Debt	5 928 000	3 299 000	3 226 000	2 158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 998 000	6 869 000	5 090 000	4 472 000
Other Income	379 000	0	0	0
Revenue	13 377 000	6 869 000	5 090 000	4 472 000
Cost of Goods Sold	84 000	80 000	6 000	0
Salary Costs	5 340 000	3 209 000	2 372 000	2 121 000
Depreciation	281 000	149 000	177 000	48 000
Impairment	0	0	0	0
Expenditure	11 522 000	6 534 000	4 547 000	3 868 000
Operating Profit	1 855 000	334 000	543 000	605 000
Financial Income	0	−2 000	0	0
Financial Costs	30 000	36 000	31 000	21 000
Financial Balance	−30 000	−38 000	−31 000	−21 000
Dividends	0	0	0	0
Net Income	1 424 000	231 000	400 000	455 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	821 000	597 000	707 000	192 000
Total Tangible Assets	821 000	597 000	707 000	192 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	821 000	597 000	707 000	192 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	570 000	646 000	658 000	555 000
Total Current Assets	5 108 000	2 702 000	2 519 000	1 965 000
Total Assets	5 928 000	3 299 000	3 226 000	2 158 000
Total Equity	3 582 000	2 158 000	1 927 000	1 528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	645 000	264 000	504 000	200 000
Creditors	228 000	38 000	41 000	26 000
Unpaid Taxes	445 000	281 000	334 000	104 000
Dividends	0	0	0	0
Other Current Debt	683 000	496 000	310 000	175 000
Total Current Debt	1 701 000	877 000	795 000	430 000
Total Equity and Debt	5 928 000	3 299 000	3 226 000	2 158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,75 %	10,7 %	20,76 %	29,78 %
Debt-to-Equity Ratio	0,18	0,12	0,26	0,13
Operating Profit Margin	13,87 %	4,86 %	10,67 %	13,53 %
Current Ratio	3	3,08	3,17	4,57
Quick Ratio	3	3,08	3,17	4,57
Equity Ratio	0,6	0,65	0,6	0,71
Gross Profit Margin	99,37 %	98,84 %	99,88 %	100 %