BOLAKS ENERGY AS

5640 EIKELANDSOSEN

Finances

Share Ownership

Return on Equity

86,57 %

Current Ratio

3,09

Debt-to-Equity Ratio

4,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 480 000	573 000	134 000	545 000
Net Income	1 115 000	−118 000	−735 000	−93 000
Total Assets	8 464 000	5 981 000	5 767 000	6 154 000
Total Equity	1 288 000	−328 000	−210 000	525 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 480 000	573 000	134 000	545 000
Expenditure	519 000	549 000	504 000	492 000
Operating Profit	961 000	24 000	−371 000	53 000
Financial Income	18 000	0	0	2 000
Financial Costs	5 000	141 000	149 000	174 000
Financial Balance	13 000	−141 000	−149 000	−172 000
Earnings Before Tax	974 000	−118 000	−520 000	−120 000
Tax	−141 000	0	215 000	−26 000
Net Income	1 115 000	−118 000	−735 000	−93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 281 000	5 439 000	5 597 000	5 971 000
Total Current Assets	3 183 000	542 000	170 000	184 000
Total Assets	8 464 000	5 981 000	5 767 000	6 154 000
Total Retained Equity	587 000	−528 000	−410 000	325 000
Total Equity	1 288 000	−328 000	−210 000	525 000
Total Long-Term Debt	6 147 000	5 440 000	5 340 000	5 292 000
Total Current Debt	1 029 000	869 000	637 000	337 000
Total Equity and Debt	8 464 000	5 981 000	5 767 000	6 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	290 000	573 000	134 000	545 000
Other Income	1 190 000	0	0	0
Revenue	1 480 000	573 000	134 000	545 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 000	0	0	0
Depreciation	158 000	158 000	158 000	151 000
Impairment	0	0	0	0
Expenditure	519 000	549 000	504 000	492 000
Operating Profit	961 000	24 000	−371 000	53 000
Financial Income	18 000	0	0	2 000
Financial Costs	5 000	141 000	149 000	174 000
Financial Balance	13 000	−141 000	−149 000	−172 000
Dividends	0	0	0	0
Net Income	1 115 000	−118 000	−735 000	−93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	215 000
Real Eastate	2 454 000	2 503 000	2 553 000	2 602 000
Machinery and Plant Facilities	2 827 000	2 936 000	3 045 000	3 154 000
Fixtures	0	0	0	0
Total Tangible Assets	5 281 000	5 439 000	5 597 000	5 756 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 281 000	5 439 000	5 597 000	5 971 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	132 000	75 000	125 000
Total Current Assets	3 183 000	542 000	170 000	184 000
Total Assets	8 464 000	5 981 000	5 767 000	6 154 000
Total Equity	1 288 000	−328 000	−210 000	525 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 147 000	5 440 000	5 340 000	5 292 000
Creditors	963 000	790 000	559 000	272 000
Unpaid Taxes	0	14 000	0	0
Dividends	0	0	0	0
Other Current Debt	66 000	65 000	78 000	65 000
Total Current Debt	1 029 000	869 000	637 000	337 000
Total Equity and Debt	8 464 000	5 981 000	5 767 000	6 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,57 %	35,98 %	350 %	−17,71 %
Debt-to-Equity Ratio	4,77	−16,59	−25,43	10,08
Operating Profit Margin	64,93 %	4,19 %	−276,87 %	9,72 %
Current Ratio	3,09	0,62	0,27	0,55
Quick Ratio	3,09	0,62	0,27	0,55
Equity Ratio	0,15	−0,05	−0,04	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %