BLUE NORGES VERITAAS AS

4008 STAVANGER

Finances

Share Ownership

Return on Equity

23,77 %

Current Ratio

1,01

Debt-to-Equity Ratio

−1,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	488 000	682 000	23 000	37 000
Net Income	−154 000	−467 000	−72 000	21 000
Total Assets	478 000	600 000	150 000	152 000
Total Equity	−648 000	−493 000	−27 000	45 000

Income (NOK)	2022	2021	2020	2019
Revenue	488 000	682 000	23 000	37 000
Expenditure	634 000	1 147 000	97 000	12 000
Operating Profit	−145 000	−465 000	−75 000	25 000
Financial Income	4 000	0	0	0
Financial Costs	13 000	2 000	0	0
Financial Balance	−9 000	−2 000	0	0
Earnings Before Tax	−154 000	−467 000	−75 000	25 000
Tax	0	0	−3 000	4 000
Net Income	−154 000	−467 000	−72 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	356 000	454 000	67 000	85 000
Total Current Assets	121 000	145 000	83 000	67 000
Total Assets	478 000	600 000	150 000	152 000
Total Retained Equity	−672 000	−518 000	−51 000	21 000
Total Equity	−648 000	−493 000	−27 000	45 000
Total Long-Term Debt	1 005 000	306 000	0	3 000
Total Current Debt	120 000	787 000	177 000	103 000
Total Equity and Debt	478 000	600 000	150 000	152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	488 000	681 000	23 000	37 000
Other Income	0	1 000	0	0
Revenue	488 000	682 000	23 000	37 000
Cost of Goods Sold	0	0	0	0
Salary Costs	20 000	76 000	1 000	0
Depreciation	98 000	17 000	17 000	1 000
Impairment	0	0	0	0
Expenditure	634 000	1 147 000	97 000	12 000
Operating Profit	−145 000	−465 000	−75 000	25 000
Financial Income	4 000	0	0	0
Financial Costs	13 000	2 000	0	0
Financial Balance	−9 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	−154 000	−467 000	−72 000	21 000

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	356 000	454 000	67 000	85 000
Total Tangible Assets	356 000	454 000	67 000	85 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	356 000	454 000	67 000	85 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	101 000	72 000	67 000
Total Current Assets	121 000	145 000	83 000	67 000
Total Assets	478 000	600 000	150 000	152 000
Total Equity	−648 000	−493 000	−27 000	45 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 005 000	306 000	0	3 000
Creditors	0	0	0	0
Unpaid Taxes	9 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	111 000	787 000	177 000	103 000
Total Current Debt	120 000	787 000	177 000	103 000
Total Equity and Debt	478 000	600 000	150 000	152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,77 %	94,73 %	266,67 %	46,67 %
Debt-to-Equity Ratio	−1,55	−0,62	−0	0,07
Operating Profit Margin	−29,71 %	−68,18 %	−326,09 %	67,57 %
Current Ratio	1,01	0,18	0,47	0,65
Quick Ratio	1,01	0,18	0,47	0,65
Equity Ratio	−1,36	−0,82	−0,18	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %