BERGEN INNOVATION AS

5355 KNARREVIK

Finances

Share Ownership

Return on Equity

36,25 %

Current Ratio

0,36

Debt-to-Equity Ratio

1,91

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 129 000	865 000	909 000	813 000
Net Income	828 000	−23 000	42 000	161 000
Total Assets	9 385 000	9 243 000	9 476 000	9 589 000
Total Equity	2 284 000	1 456 000	1 479 000	1 437 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 129 000	865 000	909 000	813 000
Expenditure	1 863 000	621 000	573 000	443 000
Operating Profit	1 266 000	243 000	336 000	370 000
Financial Income	5 000	2 000	0	0
Financial Costs	212 000	269 000	278 000	175 000
Financial Balance	−207 000	−267 000	−278 000	−175 000
Earnings Before Tax	1 060 000	−23 000	58 000	195 000
Tax	232 000	0	16 000	34 000
Net Income	828 000	−23 000	42 000	161 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	8 405 000	8 356 000	8 351 000	8 346 000
Total Current Assets	980 000	887 000	1 125 000	1 243 000
Total Assets	9 385 000	9 243 000	9 476 000	9 589 000
Total Retained Equity	1 584 000	756 000	779 000	737 000
Total Equity	2 284 000	1 456 000	1 479 000	1 437 000
Total Long-Term Debt	4 356 000	4 610 000	4 689 000	4 900 000
Total Current Debt	2 745 000	3 176 000	3 308 000	3 252 000
Total Equity and Debt	9 385 000	9 243 000	9 476 000	9 589 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 374 000	248 000	180 000	54 000
Other Income	755 000	617 000	730 000	759 000
Revenue	3 129 000	865 000	909 000	813 000
Cost of Goods Sold	411 000	1 000	20 000	39 000
Salary Costs	360 000	0	0	0
Depreciation	31 000	27 000	20 000	16 000
Impairment	0	0	0	0
Expenditure	1 863 000	621 000	573 000	443 000
Operating Profit	1 266 000	243 000	336 000	370 000
Financial Income	5 000	2 000	0	0
Financial Costs	212 000	269 000	278 000	175 000
Financial Balance	−207 000	−267 000	−278 000	−175 000
Dividends	0	0	0	0
Net Income	828 000	−23 000	42 000	161 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 299 000	8 299 000	8 299 000	8 299 000
Machinery and Plant Facilities	11 000	16 000	31 000	47 000
Fixtures	96 000	41 000	21 000	0
Total Tangible Assets	8 405 000	8 356 000	8 351 000	8 346 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 405 000	8 356 000	8 351 000	8 346 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	33 000	0	358 000
Total Current Assets	980 000	887 000	1 125 000	1 243 000
Total Assets	9 385 000	9 243 000	9 476 000	9 589 000
Total Equity	2 284 000	1 456 000	1 479 000	1 437 000
Short-Term Group Debt	152 000	380 000	382 000	400 000
Total Long-Term Debt	4 356 000	4 610 000	4 689 000	4 900 000
Creditors	724 000	508 000	349 000	135 000
Unpaid Taxes	470 000	44 000	33 000	218 000
Dividends	0	0	0	0
Other Current Debt	1 167 000	2 227 000	2 480 000	2 408 000
Total Current Debt	2 745 000	3 176 000	3 308 000	3 252 000
Total Equity and Debt	9 385 000	9 243 000	9 476 000	9 589 000

Financial indicators	2021	2020	2019	2018
Return on Equity	36,25 %	−1,58 %	2,84 %	11,2 %
Debt-to-Equity Ratio	1,91	3,17	3,17	3,41
Operating Profit Margin	40,46 %	28,09 %	36,96 %	45,51 %
Current Ratio	0,36	0,28	0,34	0,38
Quick Ratio	0,36	0,28	0,34	0,38
Equity Ratio	0,24	0,16	0,16	0,15
Gross Profit Margin	86,86 %	99,88 %	97,8 %	95,2 %