BIOVAC ENVIRONMENTAL TECHNOLOGY AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

−12,03 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	213 683 000	215 964 000	178 736 000	164 568 000
Net Income	−2 424 000	3 866 000	1 009 000	−4 931 000
Total Assets	78 676 000	85 605 000	77 513 000	67 716 000
Total Equity	20 142 000	22 668 000	18 988 000	17 966 000

Income (NOK)	2022	2021	2020	2019
Revenue	213 683 000	215 964 000	178 736 000	164 568 000
Expenditure	214 402 000	211 352 000	176 238 000	168 758 000
Operating Profit	−719 000	4 613 000	2 498 000	−4 190 000
Financial Income	362 000	256 000	463 000	458 000
Financial Costs	1 759 000	1 642 000	1 735 000	1 596 000
Financial Balance	−1 397 000	−1 386 000	−1 272 000	−1 138 000
Earnings Before Tax	−2 116 000	3 226 000	1 226 000	−5 328 000
Tax	308 000	−640 000	217 000	−397 000
Net Income	−2 424 000	3 866 000	1 009 000	−4 931 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 789 000	20 761 000	22 573 000	25 234 000
Total Current Assets	59 887 000	64 843 000	54 941 000	42 482 000
Total Assets	78 676 000	85 605 000	77 513 000	67 716 000
Total Retained Equity	1 490 000	4 016 000	336 000	−686 000
Total Equity	20 142 000	22 668 000	18 988 000	17 966 000
Total Long-Term Debt	20 112 000	19 881 000	20 171 000	19 458 000
Total Current Debt	38 422 000	43 056 000	38 354 000	30 291 000
Total Equity and Debt	78 676 000	85 605 000	77 513 000	67 716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	213 620 000	215 681 000	178 689 000	164 563 000
Other Income	62 000	282 000	47 000	5 000
Revenue	213 683 000	215 964 000	178 736 000	164 568 000
Cost of Goods Sold	150 078 000	148 721 000	115 347 000	105 425 000
Salary Costs	39 465 000	37 323 000	36 068 000	37 645 000
Depreciation	2 737 000	2 763 000	3 322 000	3 069 000
Impairment	0	0	0	0
Expenditure	214 402 000	211 352 000	176 238 000	168 758 000
Operating Profit	−719 000	4 613 000	2 498 000	−4 190 000
Financial Income	362 000	256 000	463 000	458 000
Financial Costs	1 759 000	1 642 000	1 735 000	1 596 000
Financial Balance	−1 397 000	−1 386 000	−1 272 000	−1 138 000
Dividends	0	0	0	0
Net Income	−2 424 000	3 866 000	1 009 000	−4 931 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	10 342 000	12 128 000	13 914 000	15 700 000
Total Intangible Assets	17 569 000	19 212 000	21 044 000	23 630 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	1 529 000	1 604 000
Fixtures	1 220 000	1 549 000	0	0
Total Tangible Assets	1 220 000	1 549 000	1 529 000	1 604 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 789 000	20 761 000	22 573 000	25 234 000
Stock	17 617 000	18 217 000	17 987 000	17 773 000
Total Investments	0	0	0	0
Cash, Bank	6 851 000	3 510 000	6 742 000	3 391 000
Total Current Assets	59 887 000	64 843 000	54 941 000	42 482 000
Total Assets	78 676 000	85 605 000	77 513 000	67 716 000
Total Equity	20 142 000	22 668 000	18 988 000	17 966 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 112 000	19 881 000	20 171 000	19 458 000
Creditors	16 034 000	17 961 000	13 306 000	10 515 000
Unpaid Taxes	3 923 000	5 753 000	4 329 000	3 405 000
Dividends	0	0	0	0
Other Current Debt	14 392 000	15 425 000	20 719 000	14 090 000
Total Current Debt	38 422 000	43 056 000	38 354 000	30 291 000
Total Equity and Debt	78 676 000	85 605 000	77 513 000	67 716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,03 %	17,05 %	5,31 %	−27,45 %
Debt-to-Equity Ratio	1	0,88	1,06	1,08
Operating Profit Margin	−0,34 %	2,14 %	1,4 %	−2,55 %
Current Ratio	1,56	1,51	1,43	1,4
Quick Ratio	2,88	2,61	2,7	3,39
Equity Ratio	0,26	0,26	0,24	0,27
Gross Profit Margin	29,77 %	31,14 %	35,47 %	35,94 %