BILTEMA REAL ESTATE NORWAY AS

2069 JESSHEIM

Finances

Return on Equity

8,44 %

Current Ratio

1,87

Debt-to-Equity Ratio

1,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	223 258 000	204 926 000	193 114 000	169 200 000
Net Income	62 011 000	45 245 000	55 558 000	43 265 000
Total Assets	1 929 540 000	1 930 230 000	1 944 609 000	1 868 085 000
Total Equity	734 643 000	672 632 000	627 387 000	571 829 000

Income (NOK)	2022	2021	2020	2019
Revenue	223 258 000	204 926 000	193 114 000	169 200 000
Expenditure	111 726 000	127 972 000	101 857 000	85 922 000
Operating Profit	111 531 000	76 954 000	91 256 000	83 278 000
Financial Income	1 090 000	23 000	143 000	389 000
Financial Costs	32 964 000	15 176 000	19 920 000	31 808 000
Financial Balance	−31 874 000	−15 153 000	−19 777 000	−31 419 000
Earnings Before Tax	79 657 000	61 800 000	71 479 000	51 858 000
Tax	17 646 000	16 555 000	15 921 000	8 594 000
Net Income	62 011 000	45 245 000	55 558 000	43 265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 837 370 000	1 900 181 000	1 922 779 000	1 825 527 000
Total Current Assets	92 170 000	30 049 000	21 830 000	42 558 000
Total Assets	1 929 540 000	1 930 230 000	1 944 609 000	1 868 085 000
Total Retained Equity	359 393 000	297 382 000	252 137 000	196 579 000
Total Equity	734 643 000	672 632 000	627 387 000	571 829 000
Total Long-Term Debt	1 145 713 000	1 215 601 000	1 272 761 000	1 263 120 000
Total Current Debt	49 185 000	41 997 000	44 462 000	33 135 000
Total Equity and Debt	1 929 540 000	1 930 230 000	1 944 609 000	1 868 085 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	59 000	167 000
Other Income	223 258 000	204 926 000	193 055 000	169 033 000
Revenue	223 258 000	204 926 000	193 114 000	169 200 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 617 000	3 208 000	3 055 000	4 074 000
Depreciation	80 252 000	82 214 000	71 106 000	56 317 000
Impairment	0	22 788 000	0	0
Expenditure	111 726 000	127 972 000	101 857 000	85 922 000
Operating Profit	111 531 000	76 954 000	91 256 000	83 278 000
Financial Income	1 090 000	23 000	143 000	389 000
Financial Costs	32 964 000	15 176 000	19 920 000	31 808 000
Financial Balance	−31 874 000	−15 153 000	−19 777 000	−31 419 000
Dividends	0	0	0	0
Net Income	62 011 000	45 245 000	55 558 000	43 265 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	21 538 000	22 076 000	35 575 000	36 446 000
Total Intangible Assets	67 579 000	61 671 000	70 225 000	68 252 000
Real Eastate	1 769 498 000	1 838 050 000	1 851 924 000	1 757 067 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	293 000	460 000	630 000	207 000
Total Tangible Assets	1 769 791 000	1 838 510 000	1 852 554 000	1 757 274 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 837 370 000	1 900 181 000	1 922 779 000	1 825 527 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 708 000	24 073 000	18 768 000	41 071 000
Total Current Assets	92 170 000	30 049 000	21 830 000	42 558 000
Total Assets	1 929 540 000	1 930 230 000	1 944 609 000	1 868 085 000
Total Equity	734 643 000	672 632 000	627 387 000	571 829 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 145 713 000	1 215 601 000	1 272 761 000	1 263 120 000
Creditors	18 282 000	7 472 000	24 133 000	19 825 000
Unpaid Taxes	6 971 000	8 083 000	1 326 000	3 489 000
Dividends	0	0	0	0
Other Current Debt	282 000	349 000	156 000	851 000
Total Current Debt	49 185 000	41 997 000	44 462 000	33 135 000
Total Equity and Debt	1 929 540 000	1 930 230 000	1 944 609 000	1 868 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,44 %	6,73 %	8,86 %	7,57 %
Debt-to-Equity Ratio	1,56	1,81	2,03	2,21
Operating Profit Margin	49,96 %	37,55 %	47,25 %	49,22 %
Current Ratio	1,87	0,72	0,49	1,28
Quick Ratio	1,87	0,72	0,49	1,28
Equity Ratio	0,38	0,35	0,32	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %