BILBRØDRENE AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

46,53 %

Current Ratio

4,22

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020
Revenue	8 953 000	4 550 000	1 155 000
Net Income	658 000	697 000	29 000
Total Assets	2 607 000	1 828 000	835 000
Total Equity	1 414 000	755 000	59 000

Income (NOK)	2022	2021	2020
Revenue	8 953 000	4 550 000	1 155 000
Expenditure	8 078 000	3 637 000	1 114 000
Operating Profit	875 000	914 000	41 000
Financial Income	0	0	0
Financial Costs	31 000	21 000	4 000
Financial Balance	−31 000	−21 000	−4 000
Earnings Before Tax	844 000	893 000	37 000
Tax	186 000	197 000	8 000
Net Income	658 000	697 000	29 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	512 000	607 000	297 000
Total Current Assets	2 095 000	1 221 000	538 000
Total Assets	2 607 000	1 828 000	835 000
Total Retained Equity	1 384 000	725 000	29 000
Total Equity	1 414 000	755 000	59 000
Total Long-Term Debt	696 000	514 000	298 000
Total Current Debt	497 000	559 000	479 000
Total Equity and Debt	2 607 000	1 828 000	835 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 934 000	4 550 000	1 155 000
Other Income	18 000	0	0
Revenue	8 953 000	4 550 000	1 155 000
Cost of Goods Sold	6 546 000	3 066 000	957 000
Salary Costs	803 000	66 000	7 000
Depreciation	128 000	46 000	26 000
Impairment	0	0	0
Expenditure	8 078 000	3 637 000	1 114 000
Operating Profit	875 000	914 000	41 000
Financial Income	0	0	0
Financial Costs	31 000	21 000	4 000
Financial Balance	−31 000	−21 000	−4 000
Dividends	0	0	0
Net Income	658 000	697 000	29 000

Balance details (NOK)	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	504 000	599 000	289 000
Total Tangible Assets	504 000	599 000	289 000
Total Fiancial Fixed Assets	8 000	8 000	8 000
Total Fixed Assets	512 000	607 000	297 000
Stock	1 742 000	869 000	399 000
Total Investments	0	0	0
Cash, Bank	305 000	330 000	126 000
Total Current Assets	2 095 000	1 221 000	538 000
Total Assets	2 607 000	1 828 000	835 000
Total Equity	1 414 000	755 000	59 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	696 000	514 000	298 000
Creditors	23 000	21 000	79 000
Unpaid Taxes	211 000	21 000	0
Dividends	0	0	0
Other Current Debt	74 000	339 000	392 000
Total Current Debt	497 000	559 000	479 000
Total Equity and Debt	2 607 000	1 828 000	835 000

Financial indicators	2022	2021	2020
Return on Equity	46,53 %	92,32 %	49,15 %
Debt-to-Equity Ratio	0,49	0,68	5,05
Operating Profit Margin	9,77 %	20,09 %	3,55 %
Current Ratio	4,22	2,18	1,12
Quick Ratio	−1,68	−3,94	6,73
Equity Ratio	0,54	0,41	0,07
Gross Profit Margin	26,88 %	32,62 %	17,14 %