BAKER HUGHES BENTLY NEVADA NORWAY AS

5258 BLOMSTERDALEN

Finances

Share Ownership

Return on Equity

−24,13 %

Current Ratio

2,15

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	111 617 000	182 224 000	164 534 000	94 734 000
Net Income	−15 215 000	−24 880 000	−26 066 000	−33 788 000
Total Assets	94 883 000	203 865 000	225 095 000	197 884 000
Total Equity	63 049 000	78 264 000	33 954 000	60 020 000

Income (NOK)	2021	2020	2019	2018
Revenue	111 617 000	182 224 000	164 534 000	94 734 000
Expenditure	130 305 000	214 371 000	196 972 000	134 758 000
Operating Profit	−18 686 000	−31 599 000	−31 762 000	−39 051 000
Financial Income	1 609 000	1 496 000	1 621 000	661 000
Financial Costs	2 360 000	1 838 000	3 639 000	5 558 000
Financial Balance	−751 000	−342 000	−2 018 000	−4 897 000
Earnings Before Tax	−19 437 000	−31 941 000	−33 781 000	−43 947 000
Tax	−4 222 000	−7 061 000	−7 715 000	−10 160 000
Net Income	−15 215 000	−24 880 000	−26 066 000	−33 788 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	26 426 000	30 948 000	43 554 000	49 107 000
Total Current Assets	68 457 000	172 917 000	181 541 000	148 776 000
Total Assets	94 883 000	203 865 000	225 095 000	197 884 000
Total Retained Equity	−185 616 000	−170 401 000	−145 521 000	−119 455 000
Total Equity	63 049 000	78 264 000	33 954 000	60 020 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	31 834 000	125 601 000	191 142 000	137 864 000
Total Equity and Debt	94 883 000	203 865 000	225 095 000	197 884 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	106 084 000	181 991 000	164 534 000	94 734 000
Other Income	5 533 000	233 000	0	0
Revenue	111 617 000	182 224 000	164 534 000	94 734 000
Cost of Goods Sold	38 934 000	95 880 000	76 590 000	42 647 000
Salary Costs	62 189 000	81 354 000	78 222 000	54 275 000
Depreciation	7 689 000	9 982 000	14 731 000	17 470 000
Impairment	0	9 113 000	0	520 000
Expenditure	130 305 000	214 371 000	196 972 000	134 758 000
Operating Profit	−18 686 000	−31 599 000	−31 762 000	−39 051 000
Financial Income	1 609 000	1 496 000	1 621 000	661 000
Financial Costs	2 360 000	1 838 000	3 639 000	5 558 000
Financial Balance	−751 000	−342 000	−2 018 000	−4 897 000
Dividends	0	0	0	0
Net Income	−15 215 000	−24 880 000	−26 066 000	−33 788 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	1 832 000	7 016 000	12 277 000	17 539 000
Total Intangible Assets	25 167 000	26 114 000	25 946 000	26 194 000
Real Eastate	31 000	2 464 000	5 387 000	8 310 000
Machinery and Plant Facilities	219 000	292 000	9 225 000	10 646 000
Fixtures	0	0	30 000	35 000
Total Tangible Assets	250 000	2 756 000	14 642 000	18 991 000
Total Fiancial Fixed Assets	1 010 000	2 078 000	2 966 000	3 922 000
Total Fixed Assets	26 426 000	30 948 000	43 554 000	49 107 000
Stock	322 000	8 393 000	44 891 000	23 654 000
Total Investments	0	0	0	0
Cash, Bank	253 000	28 035 000	4 962 000	16 000
Total Current Assets	68 457 000	172 917 000	181 541 000	148 776 000
Total Assets	94 883 000	203 865 000	225 095 000	197 884 000
Total Equity	63 049 000	78 264 000	33 954 000	60 020 000
Short-Term Group Debt	0	83 254 000	154 210 000	96 243 000
Total Long-Term Debt	0	0	0	0
Creditors	9 241 000	17 028 000	14 524 000	9 719 000
Unpaid Taxes	4 205 000	2 787 000	7 502 000	4 074 000
Dividends	0	0	0	0
Other Current Debt	18 388 000	22 533 000	14 890 000	27 812 000
Total Current Debt	31 834 000	125 601 000	191 142 000	137 864 000
Total Equity and Debt	94 883 000	203 865 000	225 095 000	197 884 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−24,13 %	−31,79 %	−76,77 %	−56,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16,74 %	−17,34 %	−19,3 %	−41,22 %
Current Ratio	2,15	1,38	0,95	1,08
Quick Ratio	2,17	1,48	1,24	1,3
Equity Ratio	0,66	0,38	0,15	0,3
Gross Profit Margin	65,12 %	47,38 %	53,45 %	54,98 %