BOLT CORPORATE FINANCE AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

13,52 %

Current Ratio

2,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 123 000	12 327 000	4 441 000	12 754 000
Net Income	293 000	2 439 000	205 000	4 869 000
Total Assets	3 258 000	5 630 000	3 159 000	8 884 000
Total Equity	2 167 000	2 873 000	434 000	229 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 123 000	12 327 000	4 441 000	12 754 000
Expenditure	8 730 000	9 195 000	4 225 000	6 417 000
Operating Profit	393 000	3 132 000	215 000	6 338 000
Financial Income	0	7 000	52 000	2 000
Financial Costs	−3 000	0	0	52 000
Financial Balance	3 000	7 000	52 000	−50 000
Earnings Before Tax	396 000	3 139 000	267 000	6 288 000
Tax	103 000	700 000	62 000	1 419 000
Net Income	293 000	2 439 000	205 000	4 869 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	11 000	21 000	29 000
Total Current Assets	3 255 000	5 619 000	3 139 000	8 856 000
Total Assets	3 258 000	5 630 000	3 159 000	8 884 000
Total Retained Equity	2 137 000	2 843 000	404 000	199 000
Total Equity	2 167 000	2 873 000	434 000	229 000
Total Long-Term Debt	0	0	0	17 000
Total Current Debt	1 092 000	2 757 000	2 725 000	8 639 000
Total Equity and Debt	3 258 000	5 630 000	3 159 000	8 884 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 601 000	12 249 000	4 441 000	12 624 000
Other Income	523 000	77 000	0	130 000
Revenue	9 123 000	12 327 000	4 441 000	12 754 000
Cost of Goods Sold	6 523 000	7 382 000	2 781 000	4 349 000
Salary Costs	1 116 000	688 000	787 000	1 141 000
Depreciation	6 000	11 000	11 000	6 000
Impairment	0	0	0	0
Expenditure	8 730 000	9 195 000	4 225 000	6 417 000
Operating Profit	393 000	3 132 000	215 000	6 338 000
Financial Income	0	7 000	52 000	2 000
Financial Costs	−3 000	0	0	52 000
Financial Balance	3 000	7 000	52 000	−50 000
Dividends	1 000 000	0	0	0
Net Income	293 000	2 439 000	205 000	4 869 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	5 000	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	6 000	17 000	29 000
Total Tangible Assets	0	6 000	17 000	29 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	11 000	21 000	29 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 379 000	1 321 000	2 901 000	5 173 000
Total Current Assets	3 255 000	5 619 000	3 139 000	8 856 000
Total Assets	3 258 000	5 630 000	3 159 000	8 884 000
Total Equity	2 167 000	2 873 000	434 000	229 000
Short-Term Group Debt	0	0	0	6 407 000
Total Long-Term Debt	0	0	0	17 000
Creditors	150 000	409 000	1 347 000	1 243 000
Unpaid Taxes	131 000	46 000	372 000	257 000
Dividends	1 000 000	0	0	0
Other Current Debt	709 000	1 601 000	925 000	733 000
Total Current Debt	1 092 000	2 757 000	2 725 000	8 639 000
Total Equity and Debt	3 258 000	5 630 000	3 159 000	8 884 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,52 %	84,89 %	47,24 %	2 126,2 %
Debt-to-Equity Ratio	0	0	0	0,07
Operating Profit Margin	4,31 %	25,41 %	4,84 %	49,69 %
Current Ratio	2,98	2,04	1,15	1,03
Quick Ratio	2,98	2,04	1,15	1,03
Equity Ratio	0,67	0,51	0,14	0,03
Gross Profit Margin	28,5 %	40,12 %	37,38 %	65,9 %