BEST BAY NORWAY AS

0169 OSLO

Finances

Share Ownership

Return on Equity

53 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 592 000	8 370 000	18 186 000	19 996 000
Net Income	538 000	236 000	−32 000	−384 000
Total Assets	1 423 000	1 717 000	4 159 000	4 835 000
Total Equity	1 015 000	477 000	242 000	274 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 592 000	8 370 000	18 186 000	19 996 000
Expenditure	920 000	8 082 000	18 098 000	20 162 000
Operating Profit	672 000	288 000	88 000	−166 000
Financial Income	0	0	3 000	4 000
Financial Costs	2 000	19 000	123 000	223 000
Financial Balance	−2 000	−19 000	−120 000	−219 000
Earnings Before Tax	670 000	270 000	−32 000	−384 000
Tax	132 000	34 000	0	0
Net Income	538 000	236 000	−32 000	−384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	435 000	647 000	414 000	499 000
Total Current Assets	989 000	1 070 000	3 746 000	4 336 000
Total Assets	1 423 000	1 717 000	4 159 000	4 835 000
Total Retained Equity	−6 494 000	−7 032 000	−7 268 000	−7 236 000
Total Equity	1 015 000	477 000	242 000	274 000
Total Long-Term Debt	0	0	483 000	1 227 000
Total Current Debt	408 000	1 239 000	3 435 000	3 334 000
Total Equity and Debt	1 423 000	1 717 000	4 159 000	4 835 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 000	4 884 000	17 798 000	19 812 000
Other Income	1 584 000	3 486 000	389 000	184 000
Revenue	1 592 000	8 370 000	18 186 000	19 996 000
Cost of Goods Sold	44 000	4 110 000	11 711 000	13 129 000
Salary Costs	322 000	2 265 000	3 902 000	4 427 000
Depreciation	18 000	26 000	68 000	174 000
Impairment	0	0	0	0
Expenditure	920 000	8 082 000	18 098 000	20 162 000
Operating Profit	672 000	288 000	88 000	−166 000
Financial Income	0	0	3 000	4 000
Financial Costs	2 000	19 000	123 000	223 000
Financial Balance	−2 000	−19 000	−120 000	−219 000
Dividends	0	0	0	0
Net Income	538 000	236 000	−32 000	−384 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	37 000	0	0	0
Total Intangible Assets	235 000	330 000	364 000	364 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	17 000	43 000	111 000
Total Tangible Assets	0	17 000	43 000	111 000
Total Fiancial Fixed Assets	200 000	300 000	7 000	24 000
Total Fixed Assets	435 000	647 000	414 000	499 000
Stock	24 000	39 000	695 000	692 000
Total Investments	0	0	0	0
Cash, Bank	182 000	36 000	578 000	177 000
Total Current Assets	989 000	1 070 000	3 746 000	4 336 000
Total Assets	1 423 000	1 717 000	4 159 000	4 835 000
Total Equity	1 015 000	477 000	242 000	274 000
Short-Term Group Debt	300 000	1 110 000	0	0
Total Long-Term Debt	0	0	483 000	1 227 000
Creditors	23 000	31 000	1 560 000	1 302 000
Unpaid Taxes	27 000	41 000	778 000	809 000
Dividends	0	0	0	0
Other Current Debt	59 000	57 000	1 096 000	1 163 000
Total Current Debt	408 000	1 239 000	3 435 000	3 334 000
Total Equity and Debt	1 423 000	1 717 000	4 159 000	4 835 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53 %	49,48 %	−13,22 %	−140,15 %
Debt-to-Equity Ratio	0	0	2	4,48
Operating Profit Margin	42,21 %	3,44 %	0,48 %	−0,83 %
Current Ratio	2,42	0,86	1,09	1,3
Quick Ratio	2,58	0,89	1,37	1,64
Equity Ratio	0,71	0,28	0,06	0,06
Gross Profit Margin	97,24 %	50,9 %	35,6 %	34,34 %