BERTEL O. STEEN DEFENCE HOLDING AS

0184 OSLO

Finances

Return on Equity

189,76 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 266 000	74 335 000	17 692 000	19 585 000
Net Income	57 287 000	59 973 000	−366 000	−380 000
Total Assets	131 218 000	201 367 000	196 273 000	80 633 000
Total Equity	30 189 000	60 077 000	59 850 000	60 216 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 266 000	74 335 000	17 692 000	19 585 000
Expenditure	9 500 000	21 750 000	25 738 000	25 376 000
Operating Profit	62 767 000	52 585 000	−8 046 000	−5 791 000
Financial Income	16 148 000	21 930 000	18 901 000	7 714 000
Financial Costs	7 698 000	2 650 000	11 312 000	2 411 000
Financial Balance	8 450 000	19 280 000	7 589 000	5 303 000
Earnings Before Tax	71 218 000	71 865 000	−457 000	−488 000
Tax	13 931 000	11 892 000	−91 000	−107 000
Net Income	57 287 000	59 973 000	−366 000	−380 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 377 000	115 856 000	149 283 000	57 161 000
Total Current Assets	112 841 000	85 511 000	46 989 000	23 472 000
Total Assets	131 218 000	201 367 000	196 273 000	80 633 000
Total Retained Equity	12 163 000	2 930 000	2 703 000	3 069 000
Total Equity	30 189 000	60 077 000	59 850 000	60 216 000
Total Long-Term Debt	0	66 003 000	117 575 000	17 500 000
Total Current Debt	101 029 000	75 287 000	18 848 000	2 917 000
Total Equity and Debt	131 218 000	201 367 000	196 273 000	80 633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 266 000	72 817 000	10 452 000	11 202 000
Other Income	0	1 518 000	7 240 000	8 383 000
Revenue	72 266 000	74 335 000	17 692 000	19 585 000
Cost of Goods Sold	2 713 000	5 994 000	10 428 000	11 191 000
Salary Costs	2 000	10 268 000	10 747 000	8 248 000
Depreciation	458 000	712 000	1 328 000	1 330 000
Impairment	0	0	0	0
Expenditure	9 500 000	21 750 000	25 738 000	25 376 000
Operating Profit	62 767 000	52 585 000	−8 046 000	−5 791 000
Financial Income	16 148 000	21 930 000	18 901 000	7 714 000
Financial Costs	7 698 000	2 650 000	11 312 000	2 411 000
Financial Balance	8 450 000	19 280 000	7 589 000	5 303 000
Dividends	63 544 000	41 119 000	0	0
Net Income	57 287 000	59 973 000	−366 000	−380 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	242 000	187 000	132 000	41 000
Real Eastate	0	711 000	1 130 000	1 521 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	81 000	350 000	1 729 000	2 093 000
Total Tangible Assets	81 000	1 061 000	2 859 000	3 614 000
Total Fiancial Fixed Assets	18 054 000	114 608 000	146 292 000	53 506 000
Total Fixed Assets	18 377 000	115 856 000	149 283 000	57 161 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 903 000	71 085 000	0	12 944 000
Total Current Assets	112 841 000	85 511 000	46 989 000	23 472 000
Total Assets	131 218 000	201 367 000	196 273 000	80 633 000
Total Equity	30 189 000	60 077 000	59 850 000	60 216 000
Short-Term Group Debt	90 936 000	65 773 000	17 092 000	1 414 000
Total Long-Term Debt	0	66 003 000	117 575 000	17 500 000
Creditors	535 000	165 000	160 000	953 000
Unpaid Taxes	0	0	0	0
Dividends	63 544 000	41 119 000	0	0
Other Current Debt	2 238 000	2 656 000	1 595 000	551 000
Total Current Debt	101 029 000	75 287 000	18 848 000	2 917 000
Total Equity and Debt	131 218 000	201 367 000	196 273 000	80 633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	189,76 %	99,83 %	−0,61 %	−0,63 %
Debt-to-Equity Ratio	0	1,1	1,96	0,29
Operating Profit Margin	86,86 %	70,74 %	−45,48 %	−29,57 %
Current Ratio	1,12	1,14	2,49	8,05
Quick Ratio	1,12	1,14	2,49	8,05
Equity Ratio	0,23	0,3	0,3	0,75
Gross Profit Margin	96,25 %	91,94 %	41,06 %	42,86 %