BALKE AS

2335 STANGE

Finances

Share Ownership

Return on Equity

87,88 %

Current Ratio

0,41

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	466 000	573 000	674 000	884 000
Net Income	−145 000	−146 000	−131 000	−86 000
Total Assets	143 000	279 000	529 000	626 000
Total Equity	−165 000	−20 000	126 000	−293 000

Income (NOK)	2022	2021	2020	2019
Revenue	466 000	573 000	674 000	884 000
Expenditure	603 000	712 000	790 000	954 000
Operating Profit	−137 000	−138 000	−115 000	−71 000
Financial Income	0	0	1 000	6 000
Financial Costs	8 000	8 000	18 000	22 000
Financial Balance	−8 000	−8 000	−17 000	−16 000
Earnings Before Tax	−145 000	−146 000	−131 000	−86 000
Tax	0	0	0	0
Net Income	−145 000	−146 000	−131 000	−86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	59 000	102 000	145 000
Total Current Assets	126 000	219 000	427 000	481 000
Total Assets	143 000	279 000	529 000	626 000
Total Retained Equity	−745 000	−600 000	−454 000	−323 000
Total Equity	−165 000	−20 000	126 000	−293 000
Total Long-Term Debt	0	33 000	87 000	137 000
Total Current Debt	309 000	266 000	316 000	782 000
Total Equity and Debt	143 000	279 000	529 000	626 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	466 000	541 000	599 000	884 000
Other Income	0	32 000	75 000	0
Revenue	466 000	573 000	674 000	884 000
Cost of Goods Sold	94 000	139 000	139 000	298 000
Salary Costs	69 000	143 000	128 000	164 000
Depreciation	43 000	43 000	43 000	48 000
Impairment	0	0	0	0
Expenditure	603 000	712 000	790 000	954 000
Operating Profit	−137 000	−138 000	−115 000	−71 000
Financial Income	0	0	1 000	6 000
Financial Costs	8 000	8 000	18 000	22 000
Financial Balance	−8 000	−8 000	−17 000	−16 000
Dividends	0	0	0	0
Net Income	−145 000	−146 000	−131 000	−86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	119 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	59 000	102 000	26 000
Total Tangible Assets	17 000	59 000	102 000	145 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	59 000	102 000	145 000
Stock	111 000	202 000	279 000	239 000
Total Investments	0	0	0	0
Cash, Bank	−1 000	−3 000	98 000	147 000
Total Current Assets	126 000	219 000	427 000	481 000
Total Assets	143 000	279 000	529 000	626 000
Total Equity	−165 000	−20 000	126 000	−293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	33 000	87 000	137 000
Creditors	90 000	15 000	25 000	37 000
Unpaid Taxes	5 000	−6 000	29 000	0
Dividends	0	0	0	0
Other Current Debt	214 000	257 000	262 000	745 000
Total Current Debt	309 000	266 000	316 000	782 000
Total Equity and Debt	143 000	279 000	529 000	626 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,88 %	730 %	−103,97 %	29,35 %
Debt-to-Equity Ratio	−0	−1,65	0,69	−0,47
Operating Profit Margin	−29,4 %	−24,08 %	−17,06 %	−8,03 %
Current Ratio	0,41	0,82	1,35	0,62
Quick Ratio	0,64	3,42	11,54	0,89
Equity Ratio	−1,15	−0,07	0,24	−0,47
Gross Profit Margin	79,83 %	75,74 %	79,38 %	66,29 %