BALSNESAUNE AS

7246 SANDSTAD

Finances

Share Ownership

Return on Equity

11,82 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	680 000	486 000	468 000	309 000
Net Income	109 000	30 000	100 000	−88 000
Total Assets	1 940 000	1 725 000	1 490 000	1 412 000
Total Equity	922 000	812 000	782 000	683 000

Income (NOK)	2022	2021	2020	2019
Revenue	680 000	486 000	468 000	309 000
Expenditure	539 000	447 000	340 000	423 000
Operating Profit	140 000	39 000	128 000	−114 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Earnings Before Tax	140 000	39 000	128 000	−113 000
Tax	31 000	9 000	28 000	−25 000
Net Income	109 000	30 000	100 000	−88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	592 000	501 000	183 000	103 000
Total Current Assets	1 348 000	1 224 000	1 308 000	1 309 000
Total Assets	1 940 000	1 725 000	1 490 000	1 412 000
Total Retained Equity	892 000	782 000	752 000	653 000
Total Equity	922 000	812 000	782 000	683 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 018 000	913 000	708 000	729 000
Total Equity and Debt	1 940 000	1 725 000	1 490 000	1 412 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	680 000	486 000	468 000	309 000
Other Income	0	0	0	0
Revenue	680 000	486 000	468 000	309 000
Cost of Goods Sold	1 000	2 000	20 000	100 000
Salary Costs	0	0	0	0
Depreciation	83 000	63 000	33 000	24 000
Impairment	0	0	0	0
Expenditure	539 000	447 000	340 000	423 000
Operating Profit	140 000	39 000	128 000	−114 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	1 000
Dividends	0	0	0	0
Net Income	109 000	30 000	100 000	−88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	7 000	16 000	44 000
Real Eastate	472 000	373 000	0	0
Machinery and Plant Facilities	101 000	120 000	166 000	59 000
Fixtures	12 000	0	0	0
Total Tangible Assets	585 000	494 000	166 000	59 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	592 000	501 000	183 000	103 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 299 000	1 146 000	1 298 000	1 285 000
Total Current Assets	1 348 000	1 224 000	1 308 000	1 309 000
Total Assets	1 940 000	1 725 000	1 490 000	1 412 000
Total Equity	922 000	812 000	782 000	683 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	−4 000	−3 000
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	988 000	910 000	710 000	733 000
Total Current Debt	1 018 000	913 000	708 000	729 000
Total Equity and Debt	1 940 000	1 725 000	1 490 000	1 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,82 %	3,69 %	12,79 %	−12,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,59 %	8,02 %	27,35 %	−36,89 %
Current Ratio	1,32	1,34	1,85	1,8
Quick Ratio	1,32	1,34	1,85	1,8
Equity Ratio	0,48	0,47	0,52	0,48
Gross Profit Margin	99,85 %	99,59 %	95,73 %	67,64 %