BALTVAKS AS

5694 ONARHEIM

Finances

Share Ownership

Return on Equity

−297,44 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 316 000	5 464 000	4 354 000	3 873 000
Net Income	−1 047 000	337 000	140 000	408 000
Total Assets	1 939 000	3 539 000	2 634 000	2 560 000
Total Equity	352 000	1 430 000	1 092 000	952 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 316 000	5 464 000	4 354 000	3 873 000
Expenditure	5 364 000	5 031 000	4 214 000	3 350 000
Operating Profit	−1 048 000	433 000	140 000	524 000
Financial Income	0	0	1 000	0
Financial Costs	0	1 000	0	1 000
Financial Balance	0	−1 000	1 000	−1 000
Earnings Before Tax	−1 047 000	433 000	140 000	523 000
Tax	0	95 000	0	115 000
Net Income	−1 047 000	337 000	140 000	408 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	55 000	69 000	86 000
Total Current Assets	1 831 000	3 484 000	2 565 000	2 474 000
Total Assets	1 939 000	3 539 000	2 634 000	2 560 000
Total Retained Equity	322 000	1 400 000	1 062 000	922 000
Total Equity	352 000	1 430 000	1 092 000	952 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 587 000	2 109 000	1 541 000	1 608 000
Total Equity and Debt	1 939 000	3 539 000	2 634 000	2 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 316 000	5 464 000	4 354 000	3 800 000
Other Income	0	0	0	73 000
Revenue	4 316 000	5 464 000	4 354 000	3 873 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 806 000	4 670 000	3 873 000	2 958 000
Depreciation	27 000	14 000	17 000	22 000
Impairment	0	0	0	0
Expenditure	5 364 000	5 031 000	4 214 000	3 350 000
Operating Profit	−1 048 000	433 000	140 000	524 000
Financial Income	0	0	1 000	0
Financial Costs	0	1 000	0	1 000
Financial Balance	0	−1 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	−1 047 000	337 000	140 000	408 000

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	55 000	69 000	86 000
Fixtures	108 000	0	0	0
Total Tangible Assets	108 000	55 000	69 000	86 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	108 000	55 000	69 000	86 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 290 000	2 966 000	1 840 000	1 431 000
Total Current Assets	1 831 000	3 484 000	2 565 000	2 474 000
Total Assets	1 939 000	3 539 000	2 634 000	2 560 000
Total Equity	352 000	1 430 000	1 092 000	952 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	1 000	12 000	−35 000
Unpaid Taxes	760 000	1 396 000	971 000	1 132 000
Dividends	0	0	0	0
Other Current Debt	822 000	711 000	558 000	512 000
Total Current Debt	1 587 000	2 109 000	1 541 000	1 608 000
Total Equity and Debt	1 939 000	3 539 000	2 634 000	2 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−297,44 %	23,57 %	12,82 %	42,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−24,28 %	7,92 %	3,22 %	13,53 %
Current Ratio	1,15	1,65	1,66	1,54
Quick Ratio	1,15	1,65	1,66	1,54
Equity Ratio	0,18	0,4	0,41	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %