BLAFRO TOOLS AS

3260 LARVIK

Finances

Return on Equity

600,8 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 450 000	1 419 000	857 000	534 000
Net Income	2 992 000	1 188 000	695 000	485 000
Total Assets	5 126 000	1 714 000	828 000	640 000
Total Equity	498 000	506 000	317 000	123 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 450 000	1 419 000	857 000	534 000
Expenditure	134 000	216 000	162 000	252 000
Operating Profit	3 316 000	1 202 000	694 000	283 000
Financial Income	411 000	181 000	0	202 000
Financial Costs	0	0	0	0
Financial Balance	411 000	181 000	0	202 000
Earnings Before Tax	3 727 000	1 383 000	695 000	485 000
Tax	735 000	194 000	0	0
Net Income	2 992 000	1 188 000	695 000	485 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	23 000	23 000	23 000
Total Current Assets	5 103 000	1 691 000	805 000	617 000
Total Assets	5 126 000	1 714 000	828 000	640 000
Total Retained Equity	398 000	406 000	217 000	23 000
Total Equity	498 000	506 000	317 000	123 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 628 000	1 208 000	510 000	518 000
Total Equity and Debt	5 126 000	1 714 000	828 000	640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 450 000	1 419 000	857 000	534 000
Other Income	0	0	0	0
Revenue	3 450 000	1 419 000	857 000	534 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	4 000	1 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	134 000	216 000	162 000	252 000
Operating Profit	3 316 000	1 202 000	694 000	283 000
Financial Income	411 000	181 000	0	202 000
Financial Costs	0	0	0	0
Financial Balance	411 000	181 000	0	202 000
Dividends	0	1 000 000	500 000	500 000
Net Income	2 992 000	1 188 000	695 000	485 000

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	23 000	23 000	23 000	23 000
Total Fixed Assets	23 000	23 000	23 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	780 000	253 000	238 000	65 000
Total Current Assets	5 103 000	1 691 000	805 000	617 000
Total Assets	5 126 000	1 714 000	828 000	640 000
Total Equity	498 000	506 000	317 000	123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	40 000	14 000	10 000	18 000
Unpaid Taxes	854 000	0	1 000	0
Dividends	0	1 000 000	500 000	500 000
Other Current Debt	3 000 000	0	0	0
Total Current Debt	4 628 000	1 208 000	510 000	518 000
Total Equity and Debt	5 126 000	1 714 000	828 000	640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	600,8 %	234,78 %	219,24 %	394,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	96,12 %	84,71 %	80,98 %	53 %
Current Ratio	1,1	1,4	1,58	1,19
Quick Ratio	1,1	1,4	1,58	1,19
Equity Ratio	0,1	0,3	0,38	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %