BLANCHARD NORWAY AS

4020 STAVANGER

Finances

Share Ownership

Return on Equity

−409,41 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 015 000	2 423 000	621 000	209 000
Net Income	−348 000	359 000	152 000	−59 000
Total Assets	1 387 000	1 127 000	378 000	131 000
Total Equity	85 000	434 000	75 000	−77 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 015 000	2 423 000	621 000	209 000
Expenditure	3 349 000	2 042 000	464 000	269 000
Operating Profit	−335 000	381 000	157 000	−59 000
Financial Income	1 000	0	0	0
Financial Costs	14 000	7 000	5 000	0
Financial Balance	−13 000	−7 000	−5 000	0
Earnings Before Tax	−348 000	375 000	152 000	−59 000
Tax	0	16 000	0	0
Net Income	−348 000	359 000	152 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 387 000	1 127 000	378 000	131 000
Total Assets	1 387 000	1 127 000	378 000	131 000
Total Retained Equity	−265 000	84 000	−275 000	−427 000
Total Equity	85 000	434 000	75 000	−77 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 302 000	693 000	303 000	208 000
Total Equity and Debt	1 387 000	1 127 000	378 000	131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 015 000	2 423 000	621 000	209 000
Other Income	0	0	0	0
Revenue	3 015 000	2 423 000	621 000	209 000
Cost of Goods Sold	439 000	219 000	142 000	46 000
Salary Costs	1 443 000	1 382 000	100 000	64 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 349 000	2 042 000	464 000	269 000
Operating Profit	−335 000	381 000	157 000	−59 000
Financial Income	1 000	0	0	0
Financial Costs	14 000	7 000	5 000	0
Financial Balance	−13 000	−7 000	−5 000	0
Dividends	0	0	0	0
Net Income	−348 000	359 000	152 000	−59 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	101 000	177 000	23 000	2 000
Total Current Assets	1 387 000	1 127 000	378 000	131 000
Total Assets	1 387 000	1 127 000	378 000	131 000
Total Equity	85 000	434 000	75 000	−77 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	782 000	13 000	76 000	35 000
Unpaid Taxes	76 000	267 000	0	17 000
Dividends	0	0	0	0
Other Current Debt	445 000	398 000	227 000	156 000
Total Current Debt	1 302 000	693 000	303 000	208 000
Total Equity and Debt	1 387 000	1 127 000	378 000	131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−409,41 %	82,72 %	202,67 %	76,62 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−11,11 %	15,72 %	25,28 %	−28,23 %
Current Ratio	1,07	1,63	1,25	0,63
Quick Ratio	1,07	1,63	1,25	0,63
Equity Ratio	0,06	0,39	0,2	−0,59
Gross Profit Margin	85,44 %	90,96 %	77,13 %	77,99 %