BERTELSEN & GARPESTAD AS

4370 EGERSUND

Finances

Return on Equity

23,49 %

Current Ratio

1,17

Debt-to-Equity Ratio

1,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 027 837 000	1 824 828 000	1 271 151 000	1 192 151 000
Net Income	60 089 000	13 822 000	35 695 000	49 793 000
Total Assets	1 433 805 000	1 141 178 000	856 042 000	395 197 000
Total Equity	255 790 000	198 876 000	194 155 000	130 377 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 027 837 000	1 824 828 000	1 271 151 000	1 192 151 000
Expenditure	2 930 821 000	1 783 953 000	1 214 138 000	1 120 272 000
Operating Profit	97 016 000	40 625 000	57 012 000	71 879 000
Financial Income	10 902 000	−657 000	2 483 000	1 305 000
Financial Costs	27 827 000	18 811 000	13 400 000	8 119 000
Financial Balance	−16 925 000	−19 468 000	−10 917 000	−6 814 000
Earnings Before Tax	80 092 000	21 157 000	46 095 000	65 065 000
Tax	20 003 000	7 335 000	10 400 000	15 272 000
Net Income	60 089 000	13 822 000	35 695 000	49 793 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	583 505 000	506 051 000	420 037 000	158 016 000
Total Current Assets	850 299 000	635 126 000	436 005 000	237 181 000
Total Assets	1 433 805 000	1 141 178 000	856 042 000	395 197 000
Total Retained Equity	227 574 000	130 040 000	141 421 000	102 161 000
Total Equity	255 790 000	198 876 000	194 155 000	130 377 000
Total Long-Term Debt	451 428 000	381 983 000	304 769 000	115 000 000
Total Current Debt	726 586 000	560 318 000	357 118 000	149 820 000
Total Equity and Debt	1 433 805 000	1 141 178 000	856 042 000	395 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 012 721 000	1 802 028 000	1 259 993 000	1 186 284 000
Other Income	15 115 000	22 801 000	11 158 000	5 867 000
Revenue	3 027 837 000	1 824 828 000	1 271 151 000	1 192 151 000
Cost of Goods Sold	2 020 126 000	1 061 827 000	680 587 000	786 370 000
Salary Costs	467 573 000	390 304 000	287 967 000	163 392 000
Depreciation	105 219 000	86 992 000	64 058 000	37 191 000
Impairment	0	342 000	0	0
Expenditure	2 930 821 000	1 783 953 000	1 214 138 000	1 120 272 000
Operating Profit	97 016 000	40 625 000	57 012 000	71 879 000
Financial Income	10 902 000	−657 000	2 483 000	1 305 000
Financial Costs	27 827 000	18 811 000	13 400 000	8 119 000
Financial Balance	−16 925 000	−19 468 000	−10 917 000	−6 814 000
Dividends	2 000 000	0	0	0
Net Income	60 089 000	13 822 000	35 695 000	49 793 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	2 308 000	2 693 000	2 823 000	0
Total Intangible Assets	2 857 000	3 424 000	3 443 000	0
Real Eastate	28 825 000	15 938 000	16 364 000	3 691 000
Machinery and Plant Facilities	143 052 000	385 544 000	306 484 000	0
Fixtures	276 081 000	0	0	98 649 000
Total Tangible Assets	447 958 000	401 482 000	322 847 000	102 340 000
Total Fiancial Fixed Assets	132 690 000	101 146 000	93 747 000	55 677 000
Total Fixed Assets	583 505 000	506 051 000	420 037 000	158 016 000
Stock	63 999 000	40 918 000	41 677 000	12 641 000
Total Investments	3 878 000	0	0	0
Cash, Bank	67 910 000	23 803 000	24 215 000	36 474 000
Total Current Assets	850 299 000	635 126 000	436 005 000	237 181 000
Total Assets	1 433 805 000	1 141 178 000	856 042 000	395 197 000
Total Equity	255 790 000	198 876 000	194 155 000	130 377 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	451 428 000	381 983 000	304 769 000	115 000 000
Creditors	335 366 000	239 975 000	155 721 000	68 351 000
Unpaid Taxes	67 615 000	61 054 000	36 373 000	14 788 000
Dividends	2 000 000	0	0	0
Other Current Debt	159 736 000	215 153 000	79 942 000	66 680 000
Total Current Debt	726 586 000	560 318 000	357 118 000	149 820 000
Total Equity and Debt	1 433 805 000	1 141 178 000	856 042 000	395 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,49 %	6,95 %	18,38 %	38,19 %
Debt-to-Equity Ratio	1,76	1,92	1,57	0,88
Operating Profit Margin	3,2 %	2,23 %	4,49 %	6,03 %
Current Ratio	1,17	1,13	1,22	1,58
Quick Ratio	1,28	1,22	1,38	1,73
Equity Ratio	0,18	0,17	0,23	0,33
Gross Profit Margin	33,28 %	41,81 %	46,46 %	34,04 %