BENCHMARK GENETICS NORWAY AS

5003 BERGEN

Finances

Return on Equity

28,11 %

Current Ratio

1,17

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	355 834 000	291 449 000	240 283 000	237 191 000
Net Income	32 080 000	15 542 000	17 074 000	14 970 000
Total Assets	326 171 000	327 271 000	299 659 000	278 165 000
Total Equity	114 124 000	82 044 000	66 502 000	49 350 000

Income (NOK)	2022	2021	2020	2019
Revenue	355 834 000	291 449 000	240 283 000	237 191 000
Expenditure	313 010 000	270 562 000	214 209 000	214 208 000
Operating Profit	42 824 000	20 887 000	26 073 000	22 983 000
Financial Income	3 717 000	3 666 000	2 201 000	2 569 000
Financial Costs	5 831 000	5 132 000	7 082 000	6 810 000
Financial Balance	−2 114 000	−1 466 000	−4 881 000	−4 241 000
Earnings Before Tax	40 710 000	19 421 000	21 192 000	18 742 000
Tax	8 629 000	3 879 000	4 119 000	3 773 000
Net Income	32 080 000	15 542 000	17 074 000	14 970 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	230 980 000	228 818 000	228 975 000	221 020 000
Total Current Assets	95 191 000	98 453 000	70 684 000	57 145 000
Total Assets	326 171 000	327 271 000	299 659 000	278 165 000
Total Retained Equity	102 032 000	69 952 000	54 410 000	37 258 000
Total Equity	114 124 000	82 044 000	66 502 000	49 350 000
Total Long-Term Debt	130 373 000	188 131 000	187 892 000	156 533 000
Total Current Debt	81 674 000	57 096 000	45 265 000	72 281 000
Total Equity and Debt	326 171 000	327 271 000	299 659 000	278 165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	355 834 000	291 449 000	239 056 000	235 081 000
Other Income	0	0	1 226 000	2 111 000
Revenue	355 834 000	291 449 000	240 283 000	237 191 000
Cost of Goods Sold	235 305 000	206 524 000	151 343 000	149 174 000
Salary Costs	46 097 000	41 054 000	35 803 000	33 516 000
Depreciation	2 747 000	2 714 000	2 388 000	2 327 000
Impairment	0	0	0	1 189 000
Expenditure	313 010 000	270 562 000	214 209 000	214 208 000
Operating Profit	42 824 000	20 887 000	26 073 000	22 983 000
Financial Income	3 717 000	3 666 000	2 201 000	2 569 000
Financial Costs	5 831 000	5 132 000	7 082 000	6 810 000
Financial Balance	−2 114 000	−1 466 000	−4 881 000	−4 241 000
Dividends	0	0	0	0
Net Income	32 080 000	15 542 000	17 074 000	14 970 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	345 000	0	698 000	870 000
Real Eastate	6 223 000	6 559 000	6 895 000	7 234 000
Machinery and Plant Facilities	13 148 000	11 070 000	11 936 000	9 565 000
Fixtures	680 000	577 000	165 000	180 000
Total Tangible Assets	20 051 000	18 206 000	18 996 000	16 978 000
Total Fiancial Fixed Assets	210 584 000	210 612 000	209 280 000	203 172 000
Total Fixed Assets	230 980 000	228 818 000	228 975 000	221 020 000
Stock	3 416 000	3 298 000	8 262 000	4 068 000
Total Investments	0	0	0	0
Cash, Bank	32 447 000	52 776 000	22 982 000	8 692 000
Total Current Assets	95 191 000	98 453 000	70 684 000	57 145 000
Total Assets	326 171 000	327 271 000	299 659 000	278 165 000
Total Equity	114 124 000	82 044 000	66 502 000	49 350 000
Short-Term Group Debt	0	0	0	29 182 000
Total Long-Term Debt	130 373 000	188 131 000	187 892 000	156 533 000
Creditors	35 243 000	30 693 000	24 796 000	18 884 000
Unpaid Taxes	16 007 000	7 802 000	5 143 000	8 386 000
Dividends	0	0	0	0
Other Current Debt	21 377 000	15 398 000	7 195 000	10 227 000
Total Current Debt	81 674 000	57 096 000	45 265 000	72 281 000
Total Equity and Debt	326 171 000	327 271 000	299 659 000	278 165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,11 %	18,94 %	25,67 %	30,33 %
Debt-to-Equity Ratio	1,14	2,29	2,83	3,17
Operating Profit Margin	12,03 %	7,17 %	10,85 %	9,69 %
Current Ratio	1,17	1,72	1,56	0,79
Quick Ratio	1,22	1,83	1,91	0,84
Equity Ratio	0,35	0,25	0,22	0,18
Gross Profit Margin	33,87 %	29,14 %	37,01 %	37,11 %