BLADET VESTERÅLEN AS

8400 SORTLAND

Finances

Return on Equity

−6,03 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 281 000	29 895 000	28 893 000	30 906 000
Net Income	−252 000	814 000	−185 000	703 000
Total Assets	12 351 000	13 720 000	12 892 000	12 482 000
Total Equity	4 179 000	4 201 000	3 387 000	2 974 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 281 000	29 895 000	28 893 000	30 906 000
Expenditure	29 736 000	28 890 000	29 196 000	30 118 000
Operating Profit	−454 000	1 004 000	−303 000	788 000
Financial Income	133 000	43 000	69 000	122 000
Financial Costs	0	2 000	2 000	0
Financial Balance	133 000	41 000	67 000	122 000
Earnings Before Tax	−321 000	1 045 000	−237 000	911 000
Tax	−70 000	231 000	−52 000	207 000
Net Income	−252 000	814 000	−185 000	703 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 578 000	3 019 000	2 191 000	2 174 000
Total Current Assets	9 772 000	10 701 000	10 702 000	10 308 000
Total Assets	12 351 000	13 720 000	12 892 000	12 482 000
Total Retained Equity	1 119 000	1 370 000	556 000	143 000
Total Equity	4 179 000	4 201 000	3 387 000	2 974 000
Total Long-Term Debt	0	30 000	30 000	30 000
Total Current Debt	8 172 000	9 489 000	9 475 000	9 479 000
Total Equity and Debt	12 351 000	13 720 000	12 892 000	12 482 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 058 000	29 155 000	27 626 000	29 911 000
Other Income	223 000	741 000	1 267 000	996 000
Revenue	29 281 000	29 895 000	28 893 000	30 906 000
Cost of Goods Sold	6 161 000	5 785 000	1 441 000	1 586 000
Salary Costs	11 562 000	10 996 000	10 904 000	11 711 000
Depreciation	806 000	724 000	697 000	572 000
Impairment	0	0	0	0
Expenditure	29 736 000	28 890 000	29 196 000	30 118 000
Operating Profit	−454 000	1 004 000	−303 000	788 000
Financial Income	133 000	43 000	69 000	122 000
Financial Costs	0	2 000	2 000	0
Financial Balance	133 000	41 000	67 000	122 000
Dividends	0	0	0	0
Net Income	−252 000	814 000	−185 000	703 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	213 000	208 000	249 000	264 000
Real Eastate	46 000	46 000	0	0
Machinery and Plant Facilities	0	0	1 089 000	1 074 000
Fixtures	2 254 000	2 700 000	803 000	786 000
Total Tangible Assets	2 301 000	2 747 000	1 892 000	1 860 000
Total Fiancial Fixed Assets	65 000	65 000	50 000	50 000
Total Fixed Assets	2 578 000	3 019 000	2 191 000	2 174 000
Stock	928 000	278 000	199 000	745 000
Total Investments	0	0	0	0
Cash, Bank	5 200 000	4 988 000	5 803 000	6 143 000
Total Current Assets	9 772 000	10 701 000	10 702 000	10 308 000
Total Assets	12 351 000	13 720 000	12 892 000	12 482 000
Total Equity	4 179 000	4 201 000	3 387 000	2 974 000
Short-Term Group Debt	1 139 000	2 171 000	1 302 000	1 723 000
Total Long-Term Debt	0	30 000	30 000	30 000
Creditors	479 000	729 000	1 677 000	1 076 000
Unpaid Taxes	619 000	543 000	558 000	661 000
Dividends	0	0	0	0
Other Current Debt	5 935 000	5 855 000	5 770 000	6 018 000
Total Current Debt	8 172 000	9 489 000	9 475 000	9 479 000
Total Equity and Debt	12 351 000	13 720 000	12 892 000	12 482 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,03 %	19,38 %	−5,46 %	23,64 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	−1,55 %	3,36 %	−1,05 %	2,55 %
Current Ratio	1,2	1,13	1,13	1,09
Quick Ratio	1,35	1,16	1,15	1,18
Equity Ratio	0,34	0,31	0,26	0,24
Gross Profit Margin	78,96 %	80,65 %	95,01 %	94,87 %