BINZEL NORGE AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

50,5 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 102 000	11 961 000	11 744 000	14 021 000
Net Income	956 000	385 000	111 000	581 000
Total Assets	5 037 000	5 516 000	5 932 000	6 798 000
Total Equity	1 893 000	937 000	552 000	441 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 102 000	11 961 000	11 744 000	14 021 000
Expenditure	13 694 000	11 597 000	11 299 000	13 318 000
Operating Profit	1 408 000	364 000	446 000	703 000
Financial Income	0	133 000	2 000	43 000
Financial Costs	183 000	3 000	305 000	0
Financial Balance	−183 000	130 000	−303 000	43 000
Earnings Before Tax	1 226 000	494 000	143 000	745 000
Tax	270 000	109 000	31 000	164 000
Net Income	956 000	385 000	111 000	581 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 000	324 000	436 000	480 000
Total Current Assets	4 837 000	5 192 000	5 495 000	6 318 000
Total Assets	5 037 000	5 516 000	5 932 000	6 798 000
Total Retained Equity	1 393 000	437 000	52 000	−59 000
Total Equity	1 893 000	937 000	552 000	441 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 144 000	4 579 000	5 379 000	6 357 000
Total Equity and Debt	5 037 000	5 516 000	5 932 000	6 798 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 102 000	11 961 000	11 744 000	14 021 000
Other Income	0	0	0	0
Revenue	15 102 000	11 961 000	11 744 000	14 021 000
Cost of Goods Sold	9 554 000	7 586 000	7 591 000	8 903 000
Salary Costs	2 401 000	2 512 000	2 100 000	2 484 000
Depreciation	9 000	18 000	13 000	11 000
Impairment	0	0	0	0
Expenditure	13 694 000	11 597 000	11 299 000	13 318 000
Operating Profit	1 408 000	364 000	446 000	703 000
Financial Income	0	133 000	2 000	43 000
Financial Costs	183 000	3 000	305 000	0
Financial Balance	−183 000	130 000	−303 000	43 000
Dividends	0	0	0	0
Net Income	956 000	385 000	111 000	581 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	173 000	309 000	417 000	449 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	15 000	19 000	31 000
Total Tangible Assets	27 000	15 000	19 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	200 000	324 000	436 000	480 000
Stock	2 223 000	2 202 000	2 143 000	1 931 000
Total Investments	0	0	0	0
Cash, Bank	1 024 000	1 717 000	1 963 000	1 972 000
Total Current Assets	4 837 000	5 192 000	5 495 000	6 318 000
Total Assets	5 037 000	5 516 000	5 932 000	6 798 000
Total Equity	1 893 000	937 000	552 000	441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 918 000	3 612 000	4 475 000	5 162 000
Unpaid Taxes	663 000	576 000	634 000	786 000
Dividends	0	0	0	0
Other Current Debt	429 000	391 000	270 000	409 000
Total Current Debt	3 144 000	4 579 000	5 379 000	6 357 000
Total Equity and Debt	5 037 000	5 516 000	5 932 000	6 798 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,5 %	41,09 %	20,11 %	131,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,32 %	3,04 %	3,8 %	5,01 %
Current Ratio	1,54	1,13	1,02	0,99
Quick Ratio	5,25	2,18	1,7	1,43
Equity Ratio	0,38	0,17	0,09	0,06
Gross Profit Margin	36,74 %	36,58 %	35,36 %	36,5 %