BATTERI & RADIATORSERVICE AS

3269 LARVIK

Finances

Share Ownership

Return on Equity

17,73 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 601 000	19 283 000	17 075 000	13 974 000
Net Income	701 000	834 000	910 000	538 000
Total Assets	7 398 000	5 971 000	5 036 000	4 085 000
Total Equity	3 953 000	3 752 000	3 028 000	2 468 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 601 000	19 283 000	17 075 000	13 974 000
Expenditure	18 677 000	18 197 000	15 904 000	13 281 000
Operating Profit	924 000	1 086 000	1 172 000	693 000
Financial Income	1 000	1 000	2 000	6 000
Financial Costs	5 000	2 000	4 000	8 000
Financial Balance	−4 000	−1 000	−2 000	−2 000
Earnings Before Tax	919 000	1 085 000	1 170 000	690 000
Tax	218 000	251 000	260 000	152 000
Net Income	701 000	834 000	910 000	538 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	626 000	929 000	602 000	542 000
Total Current Assets	6 771 000	5 042 000	4 435 000	3 542 000
Total Assets	7 398 000	5 971 000	5 036 000	4 085 000
Total Retained Equity	3 853 000	3 652 000	2 928 000	2 368 000
Total Equity	3 953 000	3 752 000	3 028 000	2 468 000
Total Long-Term Debt	0	0	0	97 000
Total Current Debt	3 445 000	2 219 000	2 008 000	1 520 000
Total Equity and Debt	7 398 000	5 971 000	5 036 000	4 085 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 590 000	19 281 000	17 079 000	13 973 000
Other Income	10 000	1 000	−3 000	1 000
Revenue	19 601 000	19 283 000	17 075 000	13 974 000
Cost of Goods Sold	13 086 000	13 061 000	11 673 000	9 705 000
Salary Costs	3 795 000	3 436 000	2 815 000	2 382 000
Depreciation	334 000	297 000	186 000	175 000
Impairment	0	0	0	0
Expenditure	18 677 000	18 197 000	15 904 000	13 281 000
Operating Profit	924 000	1 086 000	1 172 000	693 000
Financial Income	1 000	1 000	2 000	6 000
Financial Costs	5 000	2 000	4 000	8 000
Financial Balance	−4 000	−1 000	−2 000	−2 000
Dividends	500 000	0	350 000	0
Net Income	701 000	834 000	910 000	538 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	8 000	15 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	626 000	922 000	586 000	519 000
Total Tangible Assets	626 000	922 000	586 000	519 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	626 000	929 000	602 000	542 000
Stock	2 978 000	2 944 000	1 956 000	1 958 000
Total Investments	0	0	0	0
Cash, Bank	2 231 000	884 000	1 918 000	862 000
Total Current Assets	6 771 000	5 042 000	4 435 000	3 542 000
Total Assets	7 398 000	5 971 000	5 036 000	4 085 000
Total Equity	3 953 000	3 752 000	3 028 000	2 468 000
Short-Term Group Debt	500 000	0	0	0
Total Long-Term Debt	0	0	0	97 000
Creditors	1 531 000	1 265 000	715 000	676 000
Unpaid Taxes	818 000	354 000	404 000	287 000
Dividends	500 000	0	350 000	0
Other Current Debt	377 000	349 000	270 000	236 000
Total Current Debt	3 445 000	2 219 000	2 008 000	1 520 000
Total Equity and Debt	7 398 000	5 971 000	5 036 000	4 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,73 %	22,23 %	30,05 %	21,8 %
Debt-to-Equity Ratio	0	0	0	0,04
Operating Profit Margin	4,71 %	5,63 %	6,86 %	4,96 %
Current Ratio	1,97	2,27	2,21	2,33
Quick Ratio	14,5	−6,95	85,29	−8,09
Equity Ratio	0,53	0,63	0,6	0,6
Gross Profit Margin	33,24 %	32,27 %	31,64 %	30,55 %