BETTEN EIENDOM AS

6570 SMØLA

Finances

Return on Equity

9,67 %

Current Ratio

10,01

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 908 000	2 964 000	1 922 000	4 399 000
Net Income	740 000	−3 000	−1 617 000	175 000
Total Assets	22 999 000	21 252 000	22 229 000	23 037 000
Total Equity	7 649 000	6 908 000	6 253 000	7 012 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 908 000	2 964 000	1 922 000	4 399 000
Expenditure	2 469 000	2 374 000	3 458 000	3 523 000
Operating Profit	1 439 000	591 000	−1 537 000	876 000
Financial Income	28 000	7 000	9 000	22 000
Financial Costs	518 000	588 000	528 000	673 000
Financial Balance	−490 000	−581 000	−519 000	−651 000
Earnings Before Tax	949 000	10 000	−2 056 000	226 000
Tax	209 000	14 000	−439 000	51 000
Net Income	740 000	−3 000	−1 617 000	175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 550 000	16 291 000	16 315 000	17 667 000
Total Current Assets	5 448 000	4 961 000	5 914 000	5 370 000
Total Assets	22 999 000	21 252 000	22 229 000	23 037 000
Total Retained Equity	542 000	−198 000	−195 000	1 422 000
Total Equity	7 649 000	6 908 000	6 253 000	7 012 000
Total Long-Term Debt	14 806 000	12 820 000	13 191 000	12 775 000
Total Current Debt	544 000	1 524 000	2 784 000	3 250 000
Total Equity and Debt	22 999 000	21 252 000	22 229 000	23 037 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 247 000	641 000	380 000	387 000
Other Income	2 661 000	2 323 000	1 542 000	4 012 000
Revenue	3 908 000	2 964 000	1 922 000	4 399 000
Cost of Goods Sold	947 000	467 000	198 000	1 314 000
Salary Costs	364 000	497 000	166 000	308 000
Depreciation	507 000	491 000	602 000	601 000
Impairment	0	0	0	0
Expenditure	2 469 000	2 374 000	3 458 000	3 523 000
Operating Profit	1 439 000	591 000	−1 537 000	876 000
Financial Income	28 000	7 000	9 000	22 000
Financial Costs	518 000	588 000	528 000	673 000
Financial Balance	−490 000	−581 000	−519 000	−651 000
Dividends	0	0	0	0
Net Income	740 000	−3 000	−1 617 000	175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 813 000	12 255 000	11 681 000	12 420 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	981 000	778 000	737 000	825 000
Total Tangible Assets	17 550 000	16 073 000	15 989 000	17 541 000
Total Fiancial Fixed Assets	0	218 000	326 000	126 000
Total Fixed Assets	17 550 000	16 291 000	16 315 000	17 667 000
Stock	2 677 000	2 120 000	2 400 000	2 389 000
Total Investments	4 000	4 000	4 000	4 000
Cash, Bank	28 000	140 000	106 000	38 000
Total Current Assets	5 448 000	4 961 000	5 914 000	5 370 000
Total Assets	22 999 000	21 252 000	22 229 000	23 037 000
Total Equity	7 649 000	6 908 000	6 253 000	7 012 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 806 000	12 820 000	13 191 000	12 775 000
Creditors	164 000	1 214 000	2 075 000	1 459 000
Unpaid Taxes	29 000	74 000	378 000	159 000
Dividends	0	0	0	0
Other Current Debt	205 000	235 000	331 000	876 000
Total Current Debt	544 000	1 524 000	2 784 000	3 250 000
Total Equity and Debt	22 999 000	21 252 000	22 229 000	23 037 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,67 %	−0,04 %	−25,86 %	2,5 %
Debt-to-Equity Ratio	1,94	1,86	2,11	1,82
Operating Profit Margin	36,82 %	19,94 %	−79,97 %	19,91 %
Current Ratio	10,01	3,26	2,12	1,65
Quick Ratio	−2,55	−8,32	15,4	6,24
Equity Ratio	0,33	0,33	0,28	0,3
Gross Profit Margin	75,77 %	84,24 %	89,7 %	70,13 %