BJØRNESTAD FOUNDATION AS

3256 LARVIK

Finances

Return on Equity

−2,14 %

Current Ratio

23,62

Debt-to-Equity Ratio

0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	150 000	0
Net Income	−4 000	−23 000	189 000	0
Total Assets	327 000	234 000	467 000	468 000
Total Equity	187 000	191 000	213 000	24 000

Income (NOK)	2022	2021	2020
Revenue	0	0	150 000
Expenditure	4 000	24 000	151 000
Operating Profit	−4 000	−24 000	−1 000
Financial Income	0	1 000	195 000
Financial Costs	0	0	0
Financial Balance	0	1 000	195 000
Earnings Before Tax	−4 000	−23 000	194 000
Tax	0	0	5 000
Net Income	−4 000	−23 000	189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	30 000	30 000	438 000
Total Current Assets	307 000	204 000	437 000	30 000
Total Assets	327 000	234 000	467 000	468 000
Total Retained Equity	163 000	167 000	189 000	0
Total Equity	187 000	191 000	213 000	24 000
Total Long-Term Debt	128 000	128 000	238 000	438 000
Total Current Debt	13 000	−84 000	16 000	6 000
Total Equity and Debt	327 000	234 000	467 000	468 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	150 000
Revenue	0	0	150 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	4 000	24 000	151 000
Operating Profit	−4 000	−24 000	−1 000
Financial Income	0	1 000	195 000
Financial Costs	0	0	0
Financial Balance	0	1 000	195 000
Dividends	0	0	0
Net Income	−4 000	−23 000	189 000

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	20 000	30 000	30 000	438 000
Total Fixed Assets	20 000	30 000	30 000	438 000
Stock	0	0	0	0
Total Investments	213 000	0	0	0
Cash, Bank	0	204 000	437 000	30 000
Total Current Assets	307 000	204 000	437 000	30 000
Total Assets	327 000	234 000	467 000	468 000
Total Equity	187 000	191 000	213 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	128 000	128 000	238 000	438 000
Creditors	0	0	6 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	6 000	6 000	6 000
Total Current Debt	13 000	−84 000	16 000	6 000
Total Equity and Debt	327 000	234 000	467 000	468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,14 %	−12,04 %	88,73 %	0 %
Debt-to-Equity Ratio	0,68	0,67	1,12	18,25
Operating Profit Margin	-	-	−0,67 %	-
Current Ratio	23,62	−2,43	27,31	5
Quick Ratio	23,62	−2,43	27,31	5
Equity Ratio	0,57	0,82	0,46	0,05
Gross Profit Margin	-	-	100 %	-