BAKKANE AS

6940 EIKEFJORD

Finances

Share Ownership

Return on Equity

41,59 %

Current Ratio

4,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	624 000	583 000	378 000	100 000
Net Income	183 000	151 000	131 000	12 000
Total Assets	497 000	644 000	493 000	327 000
Total Equity	440 000	257 000	443 000	312 000

Income (NOK)	2022	2021	2020	2019
Revenue	624 000	583 000	378 000	100 000
Expenditure	387 000	390 000	210 000	85 000
Operating Profit	236 000	193 000	168 000	15 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	237 000	194 000	168 000	15 000
Tax	54 000	43 000	37 000	3 000
Net Income	183 000	151 000	131 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	221 000	223 000	208 000	213 000
Total Current Assets	276 000	422 000	285 000	115 000
Total Assets	497 000	644 000	493 000	327 000
Total Retained Equity	140 000	−43 000	143 000	12 000
Total Equity	440 000	257 000	443 000	312 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	58 000	388 000	50 000	14 000
Total Equity and Debt	497 000	644 000	493 000	327 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 000	0	0	0
Other Income	604 000	583 000	378 000	100 000
Revenue	624 000	583 000	378 000	100 000
Cost of Goods Sold	0	0	0	4 000
Salary Costs	3 000	0	22 000	10 000
Depreciation	38 000	31 000	27 000	13 000
Impairment	0	0	0	0
Expenditure	387 000	390 000	210 000	85 000
Operating Profit	236 000	193 000	168 000	15 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	337 000	0	0
Net Income	183 000	151 000	131 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	136 000	143 000	149 000	155 000
Machinery and Plant Facilities	34 000	0	0	0
Fixtures	51 000	80 000	59 000	57 000
Total Tangible Assets	221 000	223 000	208 000	213 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	221 000	223 000	208 000	213 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	271 000	410 000	268 000	112 000
Total Current Assets	276 000	422 000	285 000	115 000
Total Assets	497 000	644 000	493 000	327 000
Total Equity	440 000	257 000	443 000	312 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	3 000	3 000	9 000	7 000
Unpaid Taxes	0	0	0	4 000
Dividends	0	337 000	0	0
Other Current Debt	0	4 000	2 000	1 000
Total Current Debt	58 000	388 000	50 000	14 000
Total Equity and Debt	497 000	644 000	493 000	327 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,59 %	58,75 %	29,57 %	3,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	37,82 %	33,1 %	44,44 %	15 %
Current Ratio	4,76	1,09	5,7	8,21
Quick Ratio	4,76	1,09	5,7	8,21
Equity Ratio	0,89	0,4	0,9	0,95
Gross Profit Margin	100 %	100 %	100 %	96 %