BETEC AS

5039 BERGEN

Finances

Share Ownership

Return on Equity

38,91 %

Current Ratio

2,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 680 000	1 424 000	1 835 000	2 087 000
Net Income	258 000	16 000	56 000	75 000
Total Assets	973 000	792 000	763 000	1 000 000
Total Equity	663 000	405 000	454 000	399 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 680 000	1 424 000	1 835 000	2 087 000
Expenditure	1 352 000	1 390 000	1 639 000	1 985 000
Operating Profit	327 000	34 000	197 000	103 000
Financial Income	0	0	1 000	0
Financial Costs	4 000	1 000	53 000	4 000
Financial Balance	−4 000	−1 000	−52 000	−4 000
Earnings Before Tax	324 000	34 000	145 000	98 000
Tax	66 000	18 000	89 000	23 000
Net Income	258 000	16 000	56 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	39 000	64 000	155 000
Total Current Assets	927 000	753 000	699 000	845 000
Total Assets	973 000	792 000	763 000	1 000 000
Total Retained Equity	563 000	305 000	354 000	299 000
Total Equity	663 000	405 000	454 000	399 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	310 000	387 000	309 000	601 000
Total Equity and Debt	973 000	792 000	763 000	1 000 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 680 000	1 424 000	1 835 000	2 087 000
Other Income	0	0	0	0
Revenue	1 680 000	1 424 000	1 835 000	2 087 000
Cost of Goods Sold	154 000	117 000	259 000	303 000
Salary Costs	655 000	709 000	628 000	1 130 000
Depreciation	21 000	41 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	1 352 000	1 390 000	1 639 000	1 985 000
Operating Profit	327 000	34 000	197 000	103 000
Financial Income	0	0	1 000	0
Financial Costs	4 000	1 000	53 000	4 000
Financial Balance	−4 000	−1 000	−52 000	−4 000
Dividends	0	65 000	0	0
Net Income	258 000	16 000	56 000	75 000

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	8 000	13 000	18 000	23 000
Fixtures	39 000	27 000	47 000	81 000
Total Tangible Assets	47 000	39 000	64 000	104 000
Total Fiancial Fixed Assets	0	0	0	51 000
Total Fixed Assets	47 000	39 000	64 000	155 000
Stock	31 000	38 000	35 000	31 000
Total Investments	0	0	0	0
Cash, Bank	471 000	374 000	493 000	178 000
Total Current Assets	927 000	753 000	699 000	845 000
Total Assets	973 000	792 000	763 000	1 000 000
Total Equity	663 000	405 000	454 000	399 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	45 000	36 000	31 000	73 000
Unpaid Taxes	103 000	252 000	100 000	175 000
Dividends	0	65 000	0	0
Other Current Debt	96 000	81 000	88 000	329 000
Total Current Debt	310 000	387 000	309 000	601 000
Total Equity and Debt	973 000	792 000	763 000	1 000 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,91 %	3,95 %	12,33 %	18,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,46 %	2,39 %	10,74 %	4,94 %
Current Ratio	2,99	1,95	2,26	1,41
Quick Ratio	3,32	2,16	2,55	1,48
Equity Ratio	0,68	0,51	0,6	0,4
Gross Profit Margin	90,83 %	91,78 %	85,89 %	85,48 %