BALESTRAND ADVENTURE AS

6899 BALESTRAND

Finances

Share Ownership

Return on Equity

−79,34 %

Current Ratio

3,49

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 933 000	924 000	1 297 000	3 127 000
Net Income	−96 000	158 000	−360 000	48 000
Total Assets	340 000	483 000	300 000	370 000
Total Equity	121 000	217 000	−196 000	142 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 933 000	924 000	1 297 000	3 127 000
Expenditure	2 030 000	767 000	1 668 000	3 068 000
Operating Profit	−96 000	158 000	−370 000	60 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	0	0	−2 000	−1 000
Earnings Before Tax	−96 000	158 000	−372 000	59 000
Tax	0	0	−12 000	12 000
Net Income	−96 000	158 000	−360 000	48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	80 000	114 000	147 000
Total Current Assets	293 000	403 000	186 000	222 000
Total Assets	340 000	483 000	300 000	370 000
Total Retained Equity	−251 000	−155 000	−313 000	48 000
Total Equity	121 000	217 000	−196 000	142 000
Total Long-Term Debt	135 000	135 000	135 000	0
Total Current Debt	84 000	131 000	361 000	228 000
Total Equity and Debt	340 000	483 000	300 000	370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 726 000	873 000	1 216 000	3 117 000
Other Income	207 000	52 000	81 000	10 000
Revenue	1 933 000	924 000	1 297 000	3 127 000
Cost of Goods Sold	1 442 000	272 000	582 000	2 036 000
Salary Costs	130 000	46 000	247 000	216 000
Depreciation	34 000	34 000	34 000	21 000
Impairment	0	0	0	0
Expenditure	2 030 000	767 000	1 668 000	3 068 000
Operating Profit	−96 000	158 000	−370 000	60 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	0	0	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−96 000	158 000	−360 000	48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 000	80 000	114 000	147 000
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	0	0	0	0
Total Fixed Assets	47 000	80 000	114 000	147 000
Stock	31 000	11 000	11 000	0
Total Investments	0	0	0	0
Cash, Bank	177 000	128 000	62 000	150 000
Total Current Assets	293 000	403 000	186 000	222 000
Total Assets	340 000	483 000	300 000	370 000
Total Equity	121 000	217 000	−196 000	142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	135 000	135 000	135 000	0
Creditors	111 000	9 000	329 000	151 000
Unpaid Taxes	−49 000	0	1 000	2 000
Dividends	0	0	0	0
Other Current Debt	23 000	122 000	30 000	63 000
Total Current Debt	84 000	131 000	361 000	228 000
Total Equity and Debt	340 000	483 000	300 000	370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−79,34 %	72,81 %	183,67 %	33,8 %
Debt-to-Equity Ratio	1,12	0,62	−0,69	0
Operating Profit Margin	−4,97 %	17,1 %	−28,53 %	1,92 %
Current Ratio	3,49	3,08	0,52	0,97
Quick Ratio	5,53	3,36	0,53	0,97
Equity Ratio	0,36	0,45	−0,65	0,38
Gross Profit Margin	25,4 %	70,56 %	55,13 %	34,89 %