BALLSTAD AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

−19,91 %

Current Ratio

2,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 097 000	2 141 000	1 180 000	34 000
Net Income	−1 392 000	−630 000	−161 000	−995 000
Total Assets	7 825 000	7 538 000	3 298 000	3 280 000
Total Equity	6 992 000	6 106 000	2 408 000	2 570 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 097 000	2 141 000	1 180 000	34 000
Expenditure	2 394 000	2 774 000	1 350 000	1 029 000
Operating Profit	−1 448 000	−632 000	−170 000	−995 000
Financial Income	57 000	7 000	8 000	0
Financial Costs	0	4 000	0	0
Financial Balance	57 000	3 000	8 000	0
Earnings Before Tax	−1 392 000	−630 000	−161 000	−995 000
Tax	0	0	0	0
Net Income	−1 392 000	−630 000	−161 000	−995 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 624 000	4 739 000	1 913 000	0
Total Current Assets	2 201 000	2 799 000	1 385 000	3 280 000
Total Assets	7 825 000	7 538 000	3 298 000	3 280 000
Total Retained Equity	0	0	0	0
Total Equity	6 992 000	6 106 000	2 408 000	2 570 000
Total Long-Term Debt	0	0	748 000	698 000
Total Current Debt	833 000	1 432 000	142 000	13 000
Total Equity and Debt	7 825 000	7 538 000	3 298 000	3 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 097 000	2 141 000	1 180 000	27 000
Other Income	0	0	0	7 000
Revenue	1 097 000	2 141 000	1 180 000	34 000
Cost of Goods Sold	673 000	655 000	191 000	33 000
Salary Costs	982 000	728 000	240 000	40 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 394 000	2 774 000	1 350 000	1 029 000
Operating Profit	−1 448 000	−632 000	−170 000	−995 000
Financial Income	57 000	7 000	8 000	0
Financial Costs	0	4 000	0	0
Financial Balance	57 000	3 000	8 000	0
Dividends	0	0	0	0
Net Income	−1 392 000	−630 000	−161 000	−995 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 624 000	4 739 000	1 913 000	0
Total Fixed Assets	5 624 000	4 739 000	1 913 000	0
Stock	467 000	433 000	360 000	0
Total Investments	0	0	0	0
Cash, Bank	104 000	1 782 000	190 000	2 617 000
Total Current Assets	2 201 000	2 799 000	1 385 000	3 280 000
Total Assets	7 825 000	7 538 000	3 298 000	3 280 000
Total Equity	6 992 000	6 106 000	2 408 000	2 570 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	748 000	698 000
Creditors	143 000	20 000	84 000	13 000
Unpaid Taxes	27 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	663 000	1 412 000	58 000	0
Total Current Debt	833 000	1 432 000	142 000	13 000
Total Equity and Debt	7 825 000	7 538 000	3 298 000	3 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,91 %	−10,32 %	−6,69 %	−38,72 %
Debt-to-Equity Ratio	0	0	0,31	0,27
Operating Profit Margin	−132 %	−29,52 %	−14,41 %	−2 926,47 %
Current Ratio	2,64	1,95	9,75	252,31
Quick Ratio	6,01	2,8	−6,35	252,31
Equity Ratio	0,89	0,81	0,73	0,78
Gross Profit Margin	38,65 %	69,41 %	83,81 %	2,94 %