BETTERSHORE AS

3221 SANDEFJORD

Finances

Share Ownership

Return on Equity

276,75 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 518 000	5 763 000	3 599 000	3 068 000
Net Income	3 642 000	1 708 000	231 000	−223 000
Total Assets	6 356 000	2 888 000	576 000	236 000
Total Equity	1 316 000	311 000	103 000	−128 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 518 000	5 763 000	3 599 000	3 068 000
Expenditure	7 815 000	3 569 000	3 350 000	3 291 000
Operating Profit	4 703 000	2 194 000	249 000	−224 000
Financial Income	2 000	0	2 000	0
Financial Costs	42 000	4 000	20 000	0
Financial Balance	−40 000	−4 000	−18 000	0
Earnings Before Tax	4 663 000	2 190 000	231 000	−224 000
Tax	1 022 000	482 000	0	−1 000
Net Income	3 642 000	1 708 000	231 000	−223 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	422 000	109 000	34 000	0
Total Current Assets	5 934 000	2 779 000	542 000	236 000
Total Assets	6 356 000	2 888 000	576 000	236 000
Total Retained Equity	1 291 000	287 000	79 000	−152 000
Total Equity	1 316 000	311 000	103 000	−128 000
Total Long-Term Debt	0	−300 000	0	0
Total Current Debt	5 041 000	2 876 000	473 000	363 000
Total Equity and Debt	6 356 000	2 888 000	576 000	236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 518 000	5 763 000	3 599 000	3 068 000
Other Income	0	0	0	0
Revenue	12 518 000	5 763 000	3 599 000	3 068 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 192 000	1 901 000	1 303 000	1 339 000
Depreciation	55 000	13 000	2 000	0
Impairment	0	0	0	0
Expenditure	7 815 000	3 569 000	3 350 000	3 291 000
Operating Profit	4 703 000	2 194 000	249 000	−224 000
Financial Income	2 000	0	2 000	0
Financial Costs	42 000	4 000	20 000	0
Financial Balance	−40 000	−4 000	−18 000	0
Dividends	2 637 000	1 500 000	0	0
Net Income	3 642 000	1 708 000	231 000	−223 000

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	295 000	81 000	16 000	0
Total Tangible Assets	295 000	81 000	16 000	0
Total Fiancial Fixed Assets	128 000	28 000	18 000	0
Total Fixed Assets	422 000	109 000	34 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 728 000	2 275 000	523 000	236 000
Total Current Assets	5 934 000	2 779 000	542 000	236 000
Total Assets	6 356 000	2 888 000	576 000	236 000
Total Equity	1 316 000	311 000	103 000	−128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−300 000	0	0
Creditors	366 000	185 000	110 000	114 000
Unpaid Taxes	634 000	502 000	196 000	70 000
Dividends	2 637 000	1 500 000	0	0
Other Current Debt	366 000	181 000	144 000	143 000
Total Current Debt	5 041 000	2 876 000	473 000	363 000
Total Equity and Debt	6 356 000	2 888 000	576 000	236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	276,75 %	549,2 %	224,27 %	174,22 %
Debt-to-Equity Ratio	0	−0,96	0	−0
Operating Profit Margin	37,57 %	38,07 %	6,92 %	−7,3 %
Current Ratio	1,18	0,97	1,15	0,65
Quick Ratio	1,18	0,97	1,15	0,65
Equity Ratio	0,21	0,11	0,18	−0,54
Gross Profit Margin	100 %	100 %	100 %	100 %