BJARNE FLØNES AS

7336 MELDAL

Finances

Share Ownership

Return on Equity

−17,2 %

Current Ratio

1,72

Debt-to-Equity Ratio

1,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 457 000	2 656 000	2 648 000	2 188 000
Net Income	−32 000	−283 000	29 000	7 000
Total Assets	1 185 000	1 160 000	897 000	885 000
Total Equity	186 000	218 000	248 000	219 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 457 000	2 656 000	2 648 000	2 188 000
Expenditure	2 450 000	2 902 000	2 591 000	2 154 000
Operating Profit	7 000	−245 000	58 000	34 000
Financial Income	0	0	9 000	11 000
Financial Costs	39 000	38 000	38 000	37 000
Financial Balance	−39 000	−38 000	−29 000	−26 000
Earnings Before Tax	−32 000	−283 000	29 000	7 000
Tax	0	0	0	0
Net Income	−32 000	−283 000	29 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	87 000	98 000	0	0
Total Current Assets	1 098 000	1 062 000	897 000	885 000
Total Assets	1 185 000	1 160 000	897 000	885 000
Total Retained Equity	−367 000	−335 000	−52 000	−81 000
Total Equity	186 000	218 000	248 000	219 000
Total Long-Term Debt	363 000	401 000	0	0
Total Current Debt	637 000	541 000	649 000	666 000
Total Equity and Debt	1 185 000	1 160 000	897 000	885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 456 000	2 656 000	2 648 000	2 188 000
Other Income	2 000	0	0	0
Revenue	2 457 000	2 656 000	2 648 000	2 188 000
Cost of Goods Sold	1 846 000	1 939 000	1 948 000	1 509 000
Salary Costs	409 000	351 000	313 000	352 000
Depreciation	10 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	2 450 000	2 902 000	2 591 000	2 154 000
Operating Profit	7 000	−245 000	58 000	34 000
Financial Income	0	0	9 000	11 000
Financial Costs	39 000	38 000	38 000	37 000
Financial Balance	−39 000	−38 000	−29 000	−26 000
Dividends	0	0	0	0
Net Income	−32 000	−283 000	29 000	7 000

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	87 000	98 000	0	0
Total Tangible Assets	87 000	98 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	87 000	98 000	0	0
Stock	729 000	659 000	665 000	690 000
Total Investments	0	0	0	0
Cash, Bank	2 000	25 000	28 000	2 000
Total Current Assets	1 098 000	1 062 000	897 000	885 000
Total Assets	1 185 000	1 160 000	897 000	885 000
Total Equity	186 000	218 000	248 000	219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	363 000	401 000	0	0
Creditors	230 000	153 000	91 000	104 000
Unpaid Taxes	73 000	33 000	70 000	31 000
Dividends	0	0	0	0
Other Current Debt	36 000	30 000	161 000	201 000
Total Current Debt	637 000	541 000	649 000	666 000
Total Equity and Debt	1 185 000	1 160 000	897 000	885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,2 %	−129,82 %	11,69 %	3,2 %
Debt-to-Equity Ratio	1,95	1,84	0	0
Operating Profit Margin	0,28 %	−9,22 %	2,19 %	1,55 %
Current Ratio	1,72	1,96	1,38	1,33
Quick Ratio	−11,93	−9	−56,06	−36,88
Equity Ratio	0,16	0,19	0,28	0,25
Gross Profit Margin	24,87 %	27 %	26,44 %	31,03 %