BETOCUT AS

1763 HALDEN

Finances

Share Ownership

Return on Equity

34,12 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 810 000	2 556 000	2 790 000	2 570 000
Net Income	274 000	49 000	50 000	180 000
Total Assets	1 320 000	1 037 000	1 155 000	1 346 000
Total Equity	803 000	528 000	480 000	429 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 810 000	2 556 000	2 790 000	2 570 000
Expenditure	2 448 000	2 481 000	2 705 000	2 337 000
Operating Profit	361 000	75 000	86 000	233 000
Financial Income	0	0	0	0
Financial Costs	7 000	13 000	21 000	19 000
Financial Balance	−7 000	−13 000	−21 000	−19 000
Earnings Before Tax	354 000	62 000	64 000	215 000
Tax	79 000	14 000	14 000	34 000
Net Income	274 000	49 000	50 000	180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	547 000	374 000	429 000	497 000
Total Current Assets	773 000	663 000	726 000	849 000
Total Assets	1 320 000	1 037 000	1 155 000	1 346 000
Total Retained Equity	703 000	428 000	380 000	329 000
Total Equity	803 000	528 000	480 000	429 000
Total Long-Term Debt	78 000	225 000	386 000	464 000
Total Current Debt	439 000	284 000	290 000	453 000
Total Equity and Debt	1 320 000	1 037 000	1 155 000	1 346 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 379 000	2 556 000	2 790 000	2 570 000
Other Income	430 000	0	0	0
Revenue	2 810 000	2 556 000	2 790 000	2 570 000
Cost of Goods Sold	765 000	1 057 000	1 458 000	1 145 000
Salary Costs	833 000	781 000	672 000	740 000
Depreciation	110 000	93 000	81 000	31 000
Impairment	0	0	0	0
Expenditure	2 448 000	2 481 000	2 705 000	2 337 000
Operating Profit	361 000	75 000	86 000	233 000
Financial Income	0	0	0	0
Financial Costs	7 000	13 000	21 000	19 000
Financial Balance	−7 000	−13 000	−21 000	−19 000
Dividends	0	0	0	0
Net Income	274 000	49 000	50 000	180 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	8 000	4 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	273 000	246 000	277 000	318 000
Total Tangible Assets	273 000	246 000	277 000	318 000
Total Fiancial Fixed Assets	274 000	120 000	148 000	177 000
Total Fixed Assets	547 000	374 000	429 000	497 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	255 000	364 000	490 000	658 000
Total Current Assets	773 000	663 000	726 000	849 000
Total Assets	1 320 000	1 037 000	1 155 000	1 346 000
Total Equity	803 000	528 000	480 000	429 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	78 000	225 000	386 000	464 000
Creditors	210 000	69 000	124 000	278 000
Unpaid Taxes	107 000	116 000	88 000	69 000
Dividends	0	0	0	0
Other Current Debt	72 000	82 000	63 000	69 000
Total Current Debt	439 000	284 000	290 000	453 000
Total Equity and Debt	1 320 000	1 037 000	1 155 000	1 346 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,12 %	9,28 %	10,42 %	41,96 %
Debt-to-Equity Ratio	0,1	0,43	0,8	1,08
Operating Profit Margin	12,85 %	2,93 %	3,08 %	9,07 %
Current Ratio	1,76	2,33	2,5	1,87
Quick Ratio	1,76	2,33	2,5	1,87
Equity Ratio	0,61	0,51	0,42	0,32
Gross Profit Margin	72,78 %	58,65 %	47,74 %	55,45 %