BLU MANAGEMENT AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

69,64 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 922 000	6 603 000	7 354 000	3 688 000
Net Income	1 227 000	1 005 000	688 000	241 000
Total Assets	4 950 000	4 065 000	3 159 000	1 727 000
Total Equity	1 762 000	1 736 000	1 731 000	1 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 922 000	6 603 000	7 354 000	3 688 000
Expenditure	7 476 000	5 611 000	6 674 000	3 461 000
Operating Profit	1 445 000	993 000	681 000	226 000
Financial Income	23 000	12 000	7 000	15 000
Financial Costs	1 000	0	0	0
Financial Balance	22 000	12 000	7 000	15 000
Earnings Before Tax	1 468 000	1 005 000	688 000	241 000
Tax	241 000	0	0	0
Net Income	1 227 000	1 005 000	688 000	241 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 950 000	4 065 000	3 159 000	1 727 000
Total Assets	4 950 000	4 065 000	3 159 000	1 727 000
Total Retained Equity	1 162 000	1 136 000	1 131 000	443 000
Total Equity	1 762 000	1 736 000	1 731 000	1 043 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 188 000	2 329 000	1 428 000	684 000
Total Equity and Debt	4 950 000	4 065 000	3 159 000	1 727 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 922 000	6 603 000	7 354 000	3 465 000
Other Income	0	0	0	222 000
Revenue	8 922 000	6 603 000	7 354 000	3 688 000
Cost of Goods Sold	787 000	404 000	2 828 000	677 000
Salary Costs	6 211 000	4 805 000	3 465 000	2 341 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 476 000	5 611 000	6 674 000	3 461 000
Operating Profit	1 445 000	993 000	681 000	226 000
Financial Income	23 000	12 000	7 000	15 000
Financial Costs	1 000	0	0	0
Financial Balance	22 000	12 000	7 000	15 000
Dividends	1 200 000	1 000 000	0	0
Net Income	1 227 000	1 005 000	688 000	241 000

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	4 076 000	3 436 000	2 228 000	1 001 000
Total Current Assets	4 950 000	4 065 000	3 159 000	1 727 000
Total Assets	4 950 000	4 065 000	3 159 000	1 727 000
Total Equity	1 762 000	1 736 000	1 731 000	1 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	99 000	47 000	388 000	32 000
Unpaid Taxes	859 000	638 000	424 000	261 000
Dividends	1 200 000	1 000 000	0	0
Other Current Debt	788 000	644 000	616 000	391 000
Total Current Debt	3 188 000	2 329 000	1 428 000	684 000
Total Equity and Debt	4 950 000	4 065 000	3 159 000	1 727 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,64 %	57,89 %	39,75 %	23,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,2 %	15,04 %	9,26 %	6,13 %
Current Ratio	1,55	1,75	2,21	2,52
Quick Ratio	1,55	1,75	2,21	2,52
Equity Ratio	0,36	0,43	0,55	0,6
Gross Profit Margin	91,18 %	93,88 %	61,54 %	81,64 %