BELSTROJ NORGE AS

3427 GULLAUG

Finances

Share Ownership

Return on Equity

49,92 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2021	2020	2019	2018
Revenue	77 899 000	57 574 000	39 241 000	39 173 000
Net Income	3 194 000	−3 897 000	1 128 000	−12 000
Total Assets	33 265 000	14 416 000	20 108 000	13 101 000
Total Equity	6 398 000	3 204 000	1 901 000	−95 000

Income (NOK)	2021	2020	2019	2018
Revenue	77 899 000	57 574 000	39 241 000	39 173 000
Expenditure	74 545 000	61 493 000	37 757 000	38 873 000
Operating Profit	3 354 000	−3 918 000	1 483 000	300 000
Financial Income	1 000	37 000	50 000	16 000
Financial Costs	156 000	165 000	257 000	294 000
Financial Balance	−155 000	−128 000	−207 000	−278 000
Earnings Before Tax	3 198 000	−4 046 000	1 276 000	22 000
Tax	4 000	−149 000	149 000	34 000
Net Income	3 194 000	−3 897 000	1 128 000	−12 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 158 000	536 000	463 000	720 000
Total Current Assets	32 107 000	13 880 000	19 645 000	12 381 000
Total Assets	33 265 000	14 416 000	20 108 000	13 101 000
Total Retained Equity	−302 000	−3 496 000	401 000	−125 000
Total Equity	6 398 000	3 204 000	1 901 000	−95 000
Total Long-Term Debt	147 000	27 000	5 540 000	5 200 000
Total Current Debt	26 719 000	11 184 000	12 667 000	7 996 000
Total Equity and Debt	33 265 000	14 416 000	20 108 000	13 101 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	77 890 000	57 574 000	39 241 000	40 007 000
Other Income	9 000	0	0	−835 000
Revenue	77 899 000	57 574 000	39 241 000	39 173 000
Cost of Goods Sold	34 447 000	17 071 000	8 378 000	5 997 000
Salary Costs	33 964 000	37 213 000	23 746 000	22 911 000
Depreciation	163 000	61 000	25 000	25 000
Impairment	0	0	0	0
Expenditure	74 545 000	61 493 000	37 757 000	38 873 000
Operating Profit	3 354 000	−3 918 000	1 483 000	300 000
Financial Income	1 000	37 000	50 000	16 000
Financial Costs	156 000	165 000	257 000	294 000
Financial Balance	−155 000	−128 000	−207 000	−278 000
Dividends	0	0	0	0
Net Income	3 194 000	−3 897 000	1 128 000	−12 000

Balance details (NOK)	2021	2020	2019	2018
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	819 000	259 000	119 000	98 000
Total Tangible Assets	819 000	259 000	119 000	98 000
Total Fiancial Fixed Assets	339 000	277 000	344 000	621 000
Total Fixed Assets	1 158 000	536 000	463 000	720 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 746 000	1 723 000	10 475 000	751 000
Total Current Assets	32 107 000	13 880 000	19 645 000	12 381 000
Total Assets	33 265 000	14 416 000	20 108 000	13 101 000
Total Equity	6 398 000	3 204 000	1 901 000	−95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	147 000	27 000	5 540 000	5 200 000
Creditors	13 500 000	2 523 000	1 913 000	1 502 000
Unpaid Taxes	8 221 000	4 911 000	4 322 000	4 335 000
Dividends	0	0	0	0
Other Current Debt	4 998 000	3 751 000	6 432 000	2 158 000
Total Current Debt	26 719 000	11 184 000	12 667 000	7 996 000
Total Equity and Debt	33 265 000	14 416 000	20 108 000	13 101 000

Financial indicators	2021	2020	2019	2018
Return on Equity	49,92 %	−121,63 %	59,34 %	12,63 %
Debt-to-Equity Ratio	0,02	0,01	2,91	−54,74
Operating Profit Margin	4,31 %	−6,81 %	3,78 %	0,77 %
Current Ratio	1,2	1,24	1,55	1,55
Quick Ratio	1,2	1,24	1,55	1,55
Equity Ratio	0,19	0,22	0,09	−0,01
Gross Profit Margin	55,78 %	70,35 %	78,65 %	84,69 %