BARENTS ELEKTRONIKK AS

9018 TROMSØ

Finances

Share Ownership

Return on Equity

23,13 %

Current Ratio

2,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	5 317 000	6 576 000	2 091 000
Net Income	316 000	821 000	208 000
Total Assets	2 396 000	3 248 000	1 641 000
Total Equity	1 366 000	1 050 000	229 000

Income (NOK)	2022	2021	2020
Revenue	5 317 000	6 576 000	2 091 000
Expenditure	4 901 000	5 509 000	1 814 000
Operating Profit	416 000	1 066 000	277 000
Financial Income	2 000	0	0
Financial Costs	8 000	9 000	11 000
Financial Balance	−6 000	−9 000	−11 000
Earnings Before Tax	410 000	1 058 000	266 000
Tax	94 000	237 000	58 000
Net Income	316 000	821 000	208 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	9 000	13 000	17 000
Total Current Assets	2 387 000	3 235 000	1 625 000
Total Assets	2 396 000	3 248 000	1 641 000
Total Retained Equity	1 336 000	1 020 000	199 000
Total Equity	1 366 000	1 050 000	229 000
Total Long-Term Debt	3 000	9 000	6 000
Total Current Debt	1 027 000	2 189 000	1 406 000
Total Equity and Debt	2 396 000	3 248 000	1 641 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 317 000	6 576 000	2 091 000
Other Income	0	0	0
Revenue	5 317 000	6 576 000	2 091 000
Cost of Goods Sold	2 247 000	3 196 000	1 264 000
Salary Costs	1 797 000	1 532 000	270 000
Depreciation	4 000	4 000	2 000
Impairment	0	0	0
Expenditure	4 901 000	5 509 000	1 814 000
Operating Profit	416 000	1 066 000	277 000
Financial Income	2 000	0	0
Financial Costs	8 000	9 000	11 000
Financial Balance	−6 000	−9 000	−11 000
Dividends	0	0	0
Net Income	316 000	821 000	208 000

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	9 000	13 000	17 000
Total Tangible Assets	9 000	13 000	17 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	9 000	13 000	17 000
Stock	697 000	570 000	304 000
Total Investments	0	0	0
Cash, Bank	1 339 000	1 081 000	165 000
Total Current Assets	2 387 000	3 235 000	1 625 000
Total Assets	2 396 000	3 248 000	1 641 000
Total Equity	1 366 000	1 050 000	229 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 000	9 000	6 000
Creditors	147 000	1 124 000	731 000
Unpaid Taxes	75 000	140 000	65 000
Dividends	0	0	0
Other Current Debt	705 000	691 000	558 000
Total Current Debt	1 027 000	2 189 000	1 406 000
Total Equity and Debt	2 396 000	3 248 000	1 641 000

Financial indicators	2022	2021	2020
Return on Equity	23,13 %	78,19 %	90,83 %
Debt-to-Equity Ratio	0	0,01	0,03
Operating Profit Margin	7,82 %	16,21 %	13,25 %
Current Ratio	2,32	1,48	1,16
Quick Ratio	7,23	2	1,47
Equity Ratio	0,57	0,32	0,14
Gross Profit Margin	57,74 %	51,4 %	39,55 %