BLÅVATTEN AS

4950 RISØR

Finances

Share Ownership

Return on Equity

1 853,7 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 616 000	5 728 000	3 121 000	1 836 000
Net Income	1 001 000	619 000	219 000	62 000
Total Assets	1 945 000	1 580 000	743 000	1 289 000
Total Equity	54 000	153 000	333 000	114 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 616 000	5 728 000	3 121 000	1 836 000
Expenditure	7 332 000	4 934 000	2 841 000	1 757 000
Operating Profit	1 284 000	794 000	282 000	79 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	1 283 000	794 000	281 000	79 000
Tax	282 000	175 000	62 000	17 000
Net Income	1 001 000	619 000	219 000	62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	117 000	29 000	0	0
Total Current Assets	1 829 000	1 551 000	743 000	1 289 000
Total Assets	1 945 000	1 580 000	743 000	1 289 000
Total Retained Equity	24 000	123 000	303 000	84 000
Total Equity	54 000	153 000	333 000	114 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 892 000	1 427 000	410 000	1 175 000
Total Equity and Debt	1 945 000	1 580 000	743 000	1 289 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 616 000	5 728 000	3 121 000	1 836 000
Other Income	0	0	0	0
Revenue	8 616 000	5 728 000	3 121 000	1 836 000
Cost of Goods Sold	4 428 000	3 784 000	2 634 000	1 703 000
Salary Costs	2 595 000	872 000	119 000	0
Depreciation	32 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	7 332 000	4 934 000	2 841 000	1 757 000
Operating Profit	1 284 000	794 000	282 000	79 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	1 100 000	800 000	0	0
Net Income	1 001 000	619 000	219 000	62 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	78 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	39 000	29 000	0	0
Total Tangible Assets	39 000	29 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	117 000	29 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	838 000	1 498 000	41 000	886 000
Total Current Assets	1 829 000	1 551 000	743 000	1 289 000
Total Assets	1 945 000	1 580 000	743 000	1 289 000
Total Equity	54 000	153 000	333 000	114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	423 000	209 000	275 000	974 000
Unpaid Taxes	67 000	181 000	36 000	39 000
Dividends	1 100 000	800 000	0	0
Other Current Debt	19 000	62 000	37 000	144 000
Total Current Debt	1 892 000	1 427 000	410 000	1 175 000
Total Equity and Debt	1 945 000	1 580 000	743 000	1 289 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 853,7 %	404,58 %	65,77 %	54,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,9 %	13,86 %	9,04 %	4,3 %
Current Ratio	0,97	1,09	1,81	1,1
Quick Ratio	0,97	1,09	1,81	1,1
Equity Ratio	0,03	0,1	0,45	0,09
Gross Profit Margin	48,61 %	33,94 %	15,6 %	7,24 %