BETTER BUSINESS AS

4633 KRISTIANSAND S

Finances

Return on Equity

55,88 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 202 000	35 001 000	29 763 000	33 128 000
Net Income	1 577 000	1 112 000	−363 000	−1 246 000
Total Assets	14 148 000	11 094 000	10 939 000	8 200 000
Total Equity	2 822 000	1 245 000	133 000	496 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 202 000	35 001 000	29 763 000	33 128 000
Expenditure	38 035 000	33 406 000	30 079 000	34 663 000
Operating Profit	2 166 000	1 594 000	−316 000	−1 535 000
Financial Income	12 000	16 000	7 000	39 000
Financial Costs	157 000	185 000	148 000	91 000
Financial Balance	−145 000	−169 000	−141 000	−52 000
Earnings Before Tax	2 021 000	1 425 000	−457 000	−1 587 000
Tax	445 000	314 000	−95 000	−341 000
Net Income	1 577 000	1 112 000	−363 000	−1 246 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 820 000	1 277 000	1 038 000	1 335 000
Total Current Assets	11 327 000	9 817 000	9 902 000	6 865 000
Total Assets	14 148 000	11 094 000	10 939 000	8 200 000
Total Retained Equity	2 327 000	750 000	−362 000	1 000
Total Equity	2 822 000	1 245 000	133 000	496 000
Total Long-Term Debt	642 000	3 486 000	4 337 000	145 000
Total Current Debt	10 684 000	6 364 000	6 469 000	7 559 000
Total Equity and Debt	14 148 000	11 094 000	10 939 000	8 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 202 000	34 649 000	29 221 000	33 118 000
Other Income	0	352 000	541 000	10 000
Revenue	40 202 000	35 001 000	29 763 000	33 128 000
Cost of Goods Sold	0	0	0	0
Salary Costs	26 739 000	23 339 000	20 219 000	23 461 000
Depreciation	44 000	369 000	392 000	459 000
Impairment	0	0	0	0
Expenditure	38 035 000	33 406 000	30 079 000	34 663 000
Operating Profit	2 166 000	1 594 000	−316 000	−1 535 000
Financial Income	12 000	16 000	7 000	39 000
Financial Costs	157 000	185 000	148 000	91 000
Financial Balance	−145 000	−169 000	−141 000	−52 000
Dividends	0	0	0	0
Net Income	1 577 000	1 112 000	−363 000	−1 246 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	105 000	486 000	457 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 690 000	1 041 000	422 000	748 000
Total Tangible Assets	2 690 000	1 041 000	422 000	748 000
Total Fiancial Fixed Assets	130 000	130 000	130 000	130 000
Total Fixed Assets	2 820 000	1 277 000	1 038 000	1 335 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 660 000	5 915 000	4 659 000	1 340 000
Total Current Assets	11 327 000	9 817 000	9 902 000	6 865 000
Total Assets	14 148 000	11 094 000	10 939 000	8 200 000
Total Equity	2 822 000	1 245 000	133 000	496 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	642 000	3 486 000	4 337 000	145 000
Creditors	2 214 000	755 000	1 217 000	921 000
Unpaid Taxes	2 613 000	2 207 000	2 198 000	2 269 000
Dividends	0	0	0	0
Other Current Debt	4 657 000	3 402 000	3 054 000	4 369 000
Total Current Debt	10 684 000	6 364 000	6 469 000	7 559 000
Total Equity and Debt	14 148 000	11 094 000	10 939 000	8 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,88 %	89,32 %	−272,93 %	−251,21 %
Debt-to-Equity Ratio	0,23	2,8	32,61	0,29
Operating Profit Margin	5,39 %	4,55 %	−1,06 %	−4,63 %
Current Ratio	1,06	1,54	1,53	0,91
Quick Ratio	1,06	1,54	1,53	0,91
Equity Ratio	0,2	0,11	0,01	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %