BALESTRAND MARINE AS

5724 STANGHELLE

Finances

Return on Equity

0,37 %

Current Ratio

2,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 145 000	2 297 000	1 871 000	1 841 000
Net Income	35 000	892 000	538 000	1 087 000
Total Assets	10 789 000	11 739 000	10 114 000	9 480 000
Total Equity	9 560 000	9 902 000	9 010 000	8 572 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 145 000	2 297 000	1 871 000	1 841 000
Expenditure	1 695 000	1 570 000	1 701 000	1 423 000
Operating Profit	449 000	727 000	170 000	418 000
Financial Income	949 000	375 000	436 000	813 000
Financial Costs	1 232 000	27 000	3 000	27 000
Financial Balance	−283 000	348 000	433 000	786 000
Earnings Before Tax	166 000	1 075 000	604 000	1 204 000
Tax	131 000	183 000	66 000	118 000
Net Income	35 000	892 000	538 000	1 087 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 658 000	8 974 000	5 847 000	5 921 000
Total Current Assets	3 131 000	2 765 000	4 268 000	3 559 000
Total Assets	10 789 000	11 739 000	10 114 000	9 480 000
Total Retained Equity	9 378 000	9 721 000	8 829 000	8 391 000
Total Equity	9 560 000	9 902 000	9 010 000	8 572 000
Total Long-Term Debt	13 000	572 000	25 000	25 000
Total Current Debt	1 216 000	1 264 000	1 079 000	883 000
Total Equity and Debt	10 789 000	11 739 000	10 114 000	9 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 049 000	2 177 000	1 752 000	1 671 000
Other Income	95 000	120 000	120 000	170 000
Revenue	2 145 000	2 297 000	1 871 000	1 841 000
Cost of Goods Sold	0	0	0	0
Salary Costs	540 000	603 000	757 000	621 000
Depreciation	157 000	111 000	64 000	61 000
Impairment	0	0	0	0
Expenditure	1 695 000	1 570 000	1 701 000	1 423 000
Operating Profit	449 000	727 000	170 000	418 000
Financial Income	949 000	375 000	436 000	813 000
Financial Costs	1 232 000	27 000	3 000	27 000
Financial Balance	−283 000	348 000	433 000	786 000
Dividends	0	0	0	0
Net Income	35 000	892 000	538 000	1 087 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 715 000	2 763 000	2 773 000	2 793 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	395 000	505 000	0	3 000
Total Tangible Assets	3 110 000	3 267 000	3 435 000	3 499 000
Total Fiancial Fixed Assets	4 548 000	5 706 000	2 412 000	2 422 000
Total Fixed Assets	7 658 000	8 974 000	5 847 000	5 921 000
Stock	0	0	0	0
Total Investments	0	0	2 072 000	0
Cash, Bank	2 526 000	1 136 000	1 654 000	2 948 000
Total Current Assets	3 131 000	2 765 000	4 268 000	3 559 000
Total Assets	10 789 000	11 739 000	10 114 000	9 480 000
Total Equity	9 560 000	9 902 000	9 010 000	8 572 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 000	572 000	25 000	25 000
Creditors	425 000	439 000	394 000	136 000
Unpaid Taxes	165 000	213 000	93 000	210 000
Dividends	0	0	0	0
Other Current Debt	471 000	442 000	526 000	434 000
Total Current Debt	1 216 000	1 264 000	1 079 000	883 000
Total Equity and Debt	10 789 000	11 739 000	10 114 000	9 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,37 %	9,01 %	5,97 %	12,68 %
Debt-to-Equity Ratio	0	0,06	0	0
Operating Profit Margin	20,93 %	31,65 %	9,09 %	22,71 %
Current Ratio	2,57	2,19	3,96	4,03
Quick Ratio	2,57	2,19	3,96	4,03
Equity Ratio	0,89	0,84	0,89	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %