BAVARIA NORGE AS

4033 STAVANGER

Finances

Return on Equity

83,47 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 793 878 000	494 509 000	406 228 000	347 442 000
Net Income	220 093 000	22 746 000	18 230 000	9 546 000
Total Assets	1 826 686 000	140 980 000	100 416 000	105 352 000
Total Equity	263 674 000	24 968 000	20 163 000	17 533 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 793 878 000	494 509 000	406 228 000	347 442 000
Expenditure	4 506 625 000	464 771 000	382 033 000	334 246 000
Operating Profit	287 253 000	29 740 000	24 195 000	13 197 000
Financial Income	223 000	37 000	29 000	112 000
Financial Costs	5 102 000	612 000	849 000	1 067 000
Financial Balance	−4 879 000	−575 000	−820 000	−955 000
Earnings Before Tax	282 373 000	29 165 000	23 375 000	12 242 000
Tax	62 280 000	6 419 000	5 145 000	2 696 000
Net Income	220 093 000	22 746 000	18 230 000	9 546 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	86 635 000	3 574 000	3 599 000	4 589 000
Total Current Assets	1 740 051 000	137 406 000	96 817 000	100 762 000
Total Assets	1 826 686 000	140 980 000	100 416 000	105 352 000
Total Retained Equity	221 970 000	15 734 000	10 928 000	8 298 000
Total Equity	263 674 000	24 968 000	20 163 000	17 533 000
Total Long-Term Debt	23 421 000	0	0	0
Total Current Debt	1 539 591 000	116 011 000	80 253 000	87 819 000
Total Equity and Debt	1 826 686 000	140 980 000	100 416 000	105 352 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 775 706 000	490 918 000	403 558 000	339 575 000
Other Income	18 172 000	3 591 000	2 669 000	7 867 000
Revenue	4 793 878 000	494 509 000	406 228 000	347 442 000
Cost of Goods Sold	3 970 458 000	397 908 000	322 154 000	271 772 000
Salary Costs	278 890 000	36 735 000	33 162 000	33 050 000
Depreciation	9 538 000	698 000	1 029 000	1 108 000
Impairment	0	0	0	0
Expenditure	4 506 625 000	464 771 000	382 033 000	334 246 000
Operating Profit	287 253 000	29 740 000	24 195 000	13 197 000
Financial Income	223 000	37 000	29 000	112 000
Financial Costs	5 102 000	612 000	849 000	1 067 000
Financial Balance	−4 879 000	−575 000	−820 000	−955 000
Dividends	0	0	0	0
Net Income	220 093 000	22 746 000	18 230 000	9 546 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 661 000	1 201 000	1 189 000	1 311 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 454 000	2 371 000	2 408 000	3 277 000
Total Tangible Assets	55 454 000	2 371 000	2 408 000	3 277 000
Total Fiancial Fixed Assets	24 521 000	2 000	2 000	2 000
Total Fixed Assets	86 635 000	3 574 000	3 599 000	4 589 000
Stock	1 069 041 000	83 527 000	70 796 000	86 055 000
Total Investments	0	0	0	0
Cash, Bank	12 636 000	1 683 000	1 426 000	1 491 000
Total Current Assets	1 740 051 000	137 406 000	96 817 000	100 762 000
Total Assets	1 826 686 000	140 980 000	100 416 000	105 352 000
Total Equity	263 674 000	24 968 000	20 163 000	17 533 000
Short-Term Group Debt	0	0	3 160 000	0
Total Long-Term Debt	23 421 000	0	0	0
Creditors	589 641 000	56 329 000	29 421 000	39 527 000
Unpaid Taxes	23 397 000	6 496 000	3 595 000	2 469 000
Dividends	0	0	0	0
Other Current Debt	803 256 000	29 043 000	25 157 000	15 767 000
Total Current Debt	1 539 591 000	116 011 000	80 253 000	87 819 000
Total Equity and Debt	1 826 686 000	140 980 000	100 416 000	105 352 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,47 %	91,1 %	90,41 %	54,45 %
Debt-to-Equity Ratio	0,09	0	0	0
Operating Profit Margin	5,99 %	6,01 %	5,96 %	3,8 %
Current Ratio	1,13	1,18	1,21	1,15
Quick Ratio	3,7	4,23	10,24	57,12
Equity Ratio	0,14	0,18	0,2	0,17
Gross Profit Margin	17,18 %	19,53 %	20,7 %	21,78 %