BADELEMENT NORGE AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

41,2 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 015 000	6 147 000	9 491 000	0
Net Income	426 000	573 000	940 000	−955 000
Total Assets	2 620 000	2 179 000	675 000	828 000
Total Equity	1 034 000	608 000	35 000	−905 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 015 000	6 147 000	9 491 000	0
Expenditure	3 565 000	3 009 000	8 539 000	949 000
Operating Profit	550 000	747 000	952 000	−949 000
Financial Income	1 000	0	0	0
Financial Costs	4 000	10 000	17 000	6 000
Financial Balance	−3 000	−10 000	−17 000	−6 000
Earnings Before Tax	547 000	737 000	935 000	−955 000
Tax	122 000	164 000	−4 000	0
Net Income	426 000	573 000	940 000	−955 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	16 000	4 000	0
Total Current Assets	2 608 000	2 164 000	671 000	828 000
Total Assets	2 620 000	2 179 000	675 000	828 000
Total Retained Equity	984 000	558 000	−15 000	−955 000
Total Equity	1 034 000	608 000	35 000	−905 000
Total Long-Term Debt	3 000	1 000	0	0
Total Current Debt	1 583 000	1 570 000	640 000	1 733 000
Total Equity and Debt	2 620 000	2 179 000	675 000	828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 015 000	6 147 000	9 491 000	0
Other Income	0	0	0	0
Revenue	11 015 000	6 147 000	9 491 000	0
Cost of Goods Sold	0	0	6 867 000	0
Salary Costs	2 334 000	2 027 000	983 000	715 000
Depreciation	4 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	3 565 000	3 009 000	8 539 000	949 000
Operating Profit	550 000	747 000	952 000	−949 000
Financial Income	1 000	0	0	0
Financial Costs	4 000	10 000	17 000	6 000
Financial Balance	−3 000	−10 000	−17 000	−6 000
Dividends	0	0	0	0
Net Income	426 000	573 000	940 000	−955 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	16 000	0	0
Total Tangible Assets	12 000	16 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	16 000	4 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	243 000	333 000	359 000	828 000
Total Current Assets	2 608 000	2 164 000	671 000	828 000
Total Assets	2 620 000	2 179 000	675 000	828 000
Total Equity	1 034 000	608 000	35 000	−905 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	1 000	0	0
Creditors	454 000	906 000	164 000	19 000
Unpaid Taxes	183 000	151 000	92 000	63 000
Dividends	0	0	0	0
Other Current Debt	826 000	354 000	384 000	1 651 000
Total Current Debt	1 583 000	1 570 000	640 000	1 733 000
Total Equity and Debt	2 620 000	2 179 000	675 000	828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,2 %	94,24 %	2 685,71 %	105,52 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	4,99 %	12,15 %	10,03 %	-
Current Ratio	1,65	1,38	1,05	0,48
Quick Ratio	1,65	1,38	1,05	0,48
Equity Ratio	0,39	0,28	0,05	−1,09
Gross Profit Margin	100 %	100 %	27,65 %	-