BØVÅGEN SERVICE AS

5937 BØVÅGEN

Finances

Share Ownership

Return on Equity

105,39 %

Current Ratio

0,67

Debt-to-Equity Ratio

1,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 804 000	17 753 000	20 395 000	36 024 000
Net Income	450 000	−303 000	506 000	2 343 000
Total Assets	6 544 000	5 930 000	6 960 000	11 419 000
Total Equity	427 000	359 000	662 000	745 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 804 000	17 753 000	20 395 000	36 024 000
Expenditure	26 151 000	18 086 000	19 713 000	32 960 000
Operating Profit	654 000	−333 000	681 000	3 063 000
Financial Income	6 000	3 000	6 000	8 000
Financial Costs	84 000	53 000	25 000	40 000
Financial Balance	−78 000	−50 000	−19 000	−32 000
Earnings Before Tax	577 000	−383 000	662 000	3 031 000
Tax	127 000	−80 000	156 000	688 000
Net Income	450 000	−303 000	506 000	2 343 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 948 000	2 895 000	1 208 000	1 074 000
Total Current Assets	3 596 000	3 035 000	5 753 000	10 345 000
Total Assets	6 544 000	5 930 000	6 960 000	11 419 000
Total Retained Equity	0	−165 000	137 000	220 000
Total Equity	427 000	359 000	662 000	745 000
Total Long-Term Debt	772 000	917 000	34 000	44 000
Total Current Debt	5 345 000	4 654 000	6 264 000	10 630 000
Total Equity and Debt	6 544 000	5 930 000	6 960 000	11 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 804 000	17 403 000	19 910 000	35 385 000
Other Income	0	350 000	485 000	638 000
Revenue	26 804 000	17 753 000	20 395 000	36 024 000
Cost of Goods Sold	4 190 000	2 758 000	2 247 000	6 959 000
Salary Costs	16 861 000	10 486 000	13 519 000	20 652 000
Depreciation	619 000	528 000	311 000	158 000
Impairment	0	0	0	0
Expenditure	26 151 000	18 086 000	19 713 000	32 960 000
Operating Profit	654 000	−333 000	681 000	3 063 000
Financial Income	6 000	3 000	6 000	8 000
Financial Costs	84 000	53 000	25 000	40 000
Financial Balance	−78 000	−50 000	−19 000	−32 000
Dividends	0	0	0	0
Net Income	450 000	−303 000	506 000	2 343 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	46 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 520 000	1 441 000	1 208 000	876 000
Total Tangible Assets	2 921 000	2 849 000	1 208 000	876 000
Total Fiancial Fixed Assets	0	0	0	198 000
Total Fixed Assets	2 948 000	2 895 000	1 208 000	1 074 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	590 000	266 000	911 000	7 072 000
Total Current Assets	3 596 000	3 035 000	5 753 000	10 345 000
Total Assets	6 544 000	5 930 000	6 960 000	11 419 000
Total Equity	427 000	359 000	662 000	745 000
Short-Term Group Debt	490 000	1 041 000	1 107 000	2 841 000
Total Long-Term Debt	772 000	917 000	34 000	44 000
Creditors	579 000	660 000	966 000	1 278 000
Unpaid Taxes	1 588 000	1 226 000	1 853 000	3 446 000
Dividends	0	0	0	0
Other Current Debt	2 688 000	1 680 000	2 338 000	3 065 000
Total Current Debt	5 345 000	4 654 000	6 264 000	10 630 000
Total Equity and Debt	6 544 000	5 930 000	6 960 000	11 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,39 %	−84,4 %	76,44 %	314,5 %
Debt-to-Equity Ratio	1,81	2,55	0,05	0,06
Operating Profit Margin	2,44 %	−1,88 %	3,34 %	8,5 %
Current Ratio	0,67	0,65	0,92	0,97
Quick Ratio	0,67	0,65	0,92	0,97
Equity Ratio	0,07	0,06	0,1	0,07
Gross Profit Margin	84,37 %	84,46 %	88,98 %	80,68 %