BAG NORDIC AS

2815 GJØVIK

Finances

Share Ownership

Return on Equity

−20,41 %

Current Ratio

4,7

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	524 000	313 000	395 000	224 000
Net Income	−10 000	−28 000	25 000	45 000
Total Assets	108 000	100 000	145 000	100 000
Total Equity	49 000	58 000	84 000	59 000

Income (NOK)	2022	2021	2020	2019
Revenue	524 000	313 000	395 000	224 000
Expenditure	536 000	348 000	365 000	179 000
Operating Profit	−11 000	−35 000	30 000	45 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	1 000	1 000	0	0
Financial Balance	1 000	0	1 000	0
Earnings Before Tax	−10 000	−35 000	31 000	45 000
Tax	0	−7 000	7 000	0
Net Income	−10 000	−28 000	25 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	5 000	35 000	35 000
Total Current Assets	108 000	95 000	111 000	65 000
Total Assets	108 000	100 000	145 000	100 000
Total Retained Equity	24 000	34 000	60 000	35 000
Total Equity	49 000	58 000	84 000	59 000
Total Long-Term Debt	37 000	35 000	44 000	30 000
Total Current Debt	23 000	6 000	17 000	10 000
Total Equity and Debt	108 000	100 000	145 000	100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	524 000	313 000	395 000	224 000
Other Income	0	0	0	0
Revenue	524 000	313 000	395 000	224 000
Cost of Goods Sold	7 000	0	0	1 000
Salary Costs	71 000	39 000	108 000	0
Depreciation	5 000	15 000	22 000	10 000
Impairment	0	0	0	0
Expenditure	536 000	348 000	365 000	179 000
Operating Profit	−11 000	−35 000	30 000	45 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	1 000	1 000	0	0
Financial Balance	1 000	0	1 000	0
Dividends	0	0	0	0
Net Income	−10 000	−28 000	25 000	45 000

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	5 000	35 000	35 000
Total Tangible Assets	0	5 000	35 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	5 000	35 000	35 000
Stock	0	1 000	1 000	1 000
Total Investments	0	0	0	0
Cash, Bank	103 000	86 000	110 000	66 000
Total Current Assets	108 000	95 000	111 000	65 000
Total Assets	108 000	100 000	145 000	100 000
Total Equity	49 000	58 000	84 000	59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 000	35 000	44 000	30 000
Creditors	0	0	0	0
Unpaid Taxes	4 000	2 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	19 000	10 000	10 000	0
Total Current Debt	23 000	6 000	17 000	10 000
Total Equity and Debt	108 000	100 000	145 000	100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,41 %	−48,28 %	29,76 %	76,27 %
Debt-to-Equity Ratio	0,76	0,6	0,52	0,51
Operating Profit Margin	−2,1 %	−11,18 %	7,59 %	20,09 %
Current Ratio	4,7	15,83	6,53	6,5
Quick Ratio	4,7	19	6,94	7,22
Equity Ratio	0,45	0,58	0,58	0,59
Gross Profit Margin	98,66 %	100 %	100 %	99,55 %