BTG SOLENERGI AS

4760 BIRKELAND

Finances

Return on Equity

77,56 %

Current Ratio

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 889 000	4 809 000	7 822 000	4 145 000
Net Income	3 839 000	−528 000	−587 000	−1 032 000
Total Assets	9 279 000	4 012 000	3 509 000	3 919 000
Total Equity	4 950 000	1 111 000	1 639 000	2 219 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 889 000	4 809 000	7 822 000	4 145 000
Expenditure	9 387 000	5 124 000	9 467 000	6 399 000
Operating Profit	4 434 000	−518 000	−695 000	−1 242 000
Financial Income	459 000	0	73 000	3 000
Financial Costs	150 000	159 000	131 000	84 000
Financial Balance	309 000	−159 000	−58 000	−81 000
Earnings Before Tax	4 743 000	−677 000	−753 000	−1 323 000
Tax	904 000	−149 000	−166 000	−291 000
Net Income	3 839 000	−528 000	−587 000	−1 032 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 060 000	709 000	600 000	325 000
Total Current Assets	4 219 000	3 303 000	2 909 000	3 594 000
Total Assets	9 279 000	4 012 000	3 509 000	3 919 000
Total Retained Equity	1 861 000	−1 978 000	−1 450 000	−869 000
Total Equity	4 950 000	1 111 000	1 639 000	2 219 000
Total Long-Term Debt	130 000	141 000	153 000	72 000
Total Current Debt	4 199 000	2 760 000	1 717 000	1 628 000
Total Equity and Debt	9 279 000	4 012 000	3 509 000	3 919 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 767 000	3 924 000	7 126 000	4 145 000
Other Income	4 122 000	885 000	695 000	0
Revenue	14 889 000	4 809 000	7 822 000	4 145 000
Cost of Goods Sold	5 382 000	2 236 000	5 767 000	3 669 000
Salary Costs	2 789 000	2 100 000	2 744 000	1 551 000
Depreciation	34 000	40 000	36 000	6 000
Impairment	0	0	0	0
Expenditure	9 387 000	5 124 000	9 467 000	6 399 000
Operating Profit	4 434 000	−518 000	−695 000	−1 242 000
Financial Income	459 000	0	73 000	3 000
Financial Costs	150 000	159 000	131 000	84 000
Financial Balance	309 000	−159 000	−58 000	−81 000
Dividends	0	0	0	0
Net Income	3 839 000	−528 000	−587 000	−1 032 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	617 000	468 000	296 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	9 000	19 000	35 000	30 000
Fixtures	50 000	73 000	97 000	0
Total Tangible Assets	59 000	92 000	132 000	30 000
Total Fiancial Fixed Assets	5 000 000	0	0	0
Total Fixed Assets	5 060 000	709 000	600 000	325 000
Stock	691 000	1 759 000	1 962 000	1 013 000
Total Investments	0	0	0	0
Cash, Bank	3 107 000	574 000	330 000	1 251 000
Total Current Assets	4 219 000	3 303 000	2 909 000	3 594 000
Total Assets	9 279 000	4 012 000	3 509 000	3 919 000
Total Equity	4 950 000	1 111 000	1 639 000	2 219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	130 000	141 000	153 000	72 000
Creditors	1 372 000	2 042 000	1 098 000	249 000
Unpaid Taxes	1 202 000	449 000	399 000	475 000
Dividends	0	0	0	0
Other Current Debt	1 552 000	269 000	221 000	264 000
Total Current Debt	4 199 000	2 760 000	1 717 000	1 628 000
Total Equity and Debt	9 279 000	4 012 000	3 509 000	3 919 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,56 %	−47,52 %	−35,81 %	−46,51 %
Debt-to-Equity Ratio	0,03	0,13	0,09	0,03
Operating Profit Margin	29,78 %	−10,77 %	−8,89 %	−29,96 %
Current Ratio	1	1,2	1,69	2,21
Quick Ratio	1,2	3,3	−11,87	5,84
Equity Ratio	0,53	0,28	0,47	0,57
Gross Profit Margin	63,85 %	53,5 %	26,27 %	11,48 %