BLØRSTAD MASKINDRIFT AS

4517 MANDAL

Finances

Share Ownership

Return on Equity

13,38 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 475 000	3 535 000	2 991 000	4 526 000
Net Income	126 000	234 000	−31 000	506 000
Total Assets	1 410 000	1 277 000	1 360 000	2 538 000
Total Equity	942 000	816 000	582 000	613 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 475 000	3 535 000	2 991 000	4 526 000
Expenditure	3 310 000	3 228 000	3 015 000	3 872 000
Operating Profit	165 000	306 000	−23 000	653 000
Financial Income	0	0	0	0
Financial Costs	3 000	6 000	16 000	5 000
Financial Balance	−3 000	−6 000	−16 000	−5 000
Earnings Before Tax	162 000	300 000	−39 000	649 000
Tax	36 000	66 000	−8 000	143 000
Net Income	126 000	234 000	−31 000	506 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	865 000	829 000	860 000	1 060 000
Total Current Assets	545 000	448 000	499 000	1 479 000
Total Assets	1 410 000	1 277 000	1 360 000	2 538 000
Total Retained Equity	918 000	792 000	558 000	589 000
Total Equity	942 000	816 000	582 000	613 000
Total Long-Term Debt	69 000	45 000	13 000	22 000
Total Current Debt	399 000	415 000	764 000	1 904 000
Total Equity and Debt	1 410 000	1 277 000	1 360 000	2 538 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 968 000	3 213 000	2 991 000	4 526 000
Other Income	507 000	322 000	0	0
Revenue	3 475 000	3 535 000	2 991 000	4 526 000
Cost of Goods Sold	1 005 000	1 008 000	880 000	1 552 000
Salary Costs	620 000	576 000	403 000	548 000
Depreciation	253 000	263 000	239 000	100 000
Impairment	0	0	0	0
Expenditure	3 310 000	3 228 000	3 015 000	3 872 000
Operating Profit	165 000	306 000	−23 000	653 000
Financial Income	0	0	0	0
Financial Costs	3 000	6 000	16 000	5 000
Financial Balance	−3 000	−6 000	−16 000	−5 000
Dividends	0	0	0	0
Net Income	126 000	234 000	−31 000	506 000

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	726 000	829 000	860 000	1 060 000
Total Tangible Assets	726 000	829 000	860 000	1 060 000
Total Fiancial Fixed Assets	140 000	0	0	0
Total Fixed Assets	865 000	829 000	860 000	1 060 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	152 000	160 000	113 000	526 000
Total Current Assets	545 000	448 000	499 000	1 479 000
Total Assets	1 410 000	1 277 000	1 360 000	2 538 000
Total Equity	942 000	816 000	582 000	613 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	69 000	45 000	13 000	22 000
Creditors	209 000	254 000	423 000	1 173 000
Unpaid Taxes	115 000	55 000	121 000	59 000
Dividends	0	0	0	0
Other Current Debt	64 000	72 000	220 000	550 000
Total Current Debt	399 000	415 000	764 000	1 904 000
Total Equity and Debt	1 410 000	1 277 000	1 360 000	2 538 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,38 %	28,68 %	−5,33 %	82,54 %
Debt-to-Equity Ratio	0,07	0,06	0,02	0,04
Operating Profit Margin	4,75 %	8,66 %	−0,77 %	14,43 %
Current Ratio	1,37	1,08	0,65	0,78
Quick Ratio	1,37	1,08	0,65	0,78
Equity Ratio	0,67	0,64	0,43	0,24
Gross Profit Margin	71,08 %	71,49 %	70,58 %	65,71 %