BELHAVEN AS

0283 OSLO

Finances

Share Ownership

Return on Equity

48 800 %

Current Ratio

0,83

Debt-to-Equity Ratio

2 573,75

Key figures (USD)	2022	2021	2020
Revenue	8 229 000	6 871 000	1 916 000
Net Income	3 904 000	2 655 000	−1 093 000
Total Assets	27 177 000	26 896 000	24 139 000
Total Equity	8 000	173 000	−1 082 000

Income (USD)	2022	2021	2020
Revenue	8 229 000	6 871 000	1 916 000
Expenditure	3 146 000	3 271 000	2 250 000
Operating Profit	5 083 000	3 601 000	−335 000
Financial Income	8 000	0	0
Financial Costs	1 188 000	946 000	758 000
Financial Balance	−1 180 000	−946 000	−758 000
Earnings Before Tax	3 904 000	2 655 000	−1 093 000
Tax	0	0	0
Net Income	3 904 000	2 655 000	−1 093 000

Balance (USD)	2022	2021	2020
Total Fixed Assets	21 725 000	21 964 000	23 086 000
Total Current Assets	5 452 000	4 932 000	1 053 000
Total Assets	27 177 000	26 896 000	24 139 000
Total Retained Equity	0	166 000	−1 090 000
Total Equity	8 000	173 000	−1 082 000
Total Long-Term Debt	20 590 000	20 590 000	21 290 000
Total Current Debt	6 579 000	6 133 000	3 931 000
Total Equity and Debt	27 177 000	26 896 000	24 139 000

Cash flow (USD)	2022	2021	2020
Sales Income	0	6 871 000	1 916 000
Other Income	8 229 000	0	0
Revenue	8 229 000	6 871 000	1 916 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	1 122 000	654 000
Impairment	0	0	0
Expenditure	3 146 000	3 271 000	2 250 000
Operating Profit	5 083 000	3 601 000	−335 000
Financial Income	8 000	0	0
Financial Costs	1 188 000	946 000	758 000
Financial Balance	−1 180 000	−946 000	−758 000
Dividends	4 069 000	0	0
Net Income	3 904 000	2 655 000	−1 093 000

Balance details (USD)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	21 725 000	21 964 000	23 086 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	21 725 000	21 964 000	23 086 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 289 000	409 000	925 000
Total Current Assets	5 452 000	4 932 000	1 053 000
Total Assets	27 177 000	26 896 000	24 139 000
Total Equity	8 000	173 000	−1 082 000
Short-Term Group Debt	2 076 000	4 377 000	3 745 000
Total Long-Term Debt	20 590 000	20 590 000	21 290 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	4 069 000	0	0
Other Current Debt	434 000	1 755 000	186 000
Total Current Debt	6 579 000	6 133 000	3 931 000
Total Equity and Debt	27 177 000	26 896 000	24 139 000

Financial indicators	2022	2021	2020
Return on Equity	48 800 %	1 534,68 %	101,02 %
Debt-to-Equity Ratio	2 573,75	119,02	−19,68
Operating Profit Margin	61,77 %	52,41 %	−17,48 %
Current Ratio	0,83	0,8	0,27
Quick Ratio	0,83	0,8	0,27
Equity Ratio	0	0,01	−0,04
Gross Profit Margin	100 %	100 %	100 %