BAZE TECHNOLOGY AS

3948 PORSGRUNN

Finances

Share Ownership

Return on Equity

55,19 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	123 502 000	107 489 000	77 326 000	73 400 000
Net Income	17 133 000	14 222 000	10 342 000	8 024 000
Total Assets	106 067 000	98 841 000	73 909 000	63 205 000
Total Equity	31 042 000	30 474 000	27 900 000	23 798 000

Income (NOK)	2022	2021	2020	2019
Revenue	123 502 000	107 489 000	77 326 000	73 400 000
Expenditure	100 767 000	88 318 000	63 368 000	63 179 000
Operating Profit	22 736 000	19 171 000	13 957 000	10 221 000
Financial Income	1 569 000	624 000	1 252 000	555 000
Financial Costs	2 469 000	1 726 000	2 056 000	602 000
Financial Balance	−900 000	−1 102 000	−804 000	−47 000
Earnings Before Tax	21 836 000	18 069 000	13 153 000	10 174 000
Tax	4 703 000	3 847 000	2 811 000	2 150 000
Net Income	17 133 000	14 222 000	10 342 000	8 024 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 582 000	29 089 000	28 169 000	24 456 000
Total Current Assets	76 485 000	69 752 000	45 740 000	38 748 000
Total Assets	106 067 000	98 841 000	73 909 000	63 205 000
Total Retained Equity	26 705 000	26 137 000	23 564 000	19 461 000
Total Equity	31 042 000	30 474 000	27 900 000	23 798 000
Total Long-Term Debt	11 180 000	12 722 000	14 264 000	6 733 000
Total Current Debt	63 844 000	55 645 000	31 744 000	32 673 000
Total Equity and Debt	106 067 000	98 841 000	73 909 000	63 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	121 255 000	105 384 000	75 305 000	71 309 000
Other Income	2 247 000	2 105 000	2 021 000	2 091 000
Revenue	123 502 000	107 489 000	77 326 000	73 400 000
Cost of Goods Sold	51 698 000	45 213 000	27 427 000	28 431 000
Salary Costs	29 970 000	27 294 000	21 577 000	19 346 000
Depreciation	9 860 000	8 785 000	8 802 000	8 598 000
Impairment	0	0	0	0
Expenditure	100 767 000	88 318 000	63 368 000	63 179 000
Operating Profit	22 736 000	19 171 000	13 957 000	10 221 000
Financial Income	1 569 000	624 000	1 252 000	555 000
Financial Costs	2 469 000	1 726 000	2 056 000	602 000
Financial Balance	−900 000	−1 102 000	−804 000	−47 000
Dividends	15 000 000	10 400 000	0	0
Net Income	17 133 000	14 222 000	10 342 000	8 024 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 274 000	17 762 000	15 825 000	13 492 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 308 000	11 327 000	12 344 000	10 964 000
Total Tangible Assets	9 308 000	11 327 000	12 344 000	10 964 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 582 000	29 089 000	28 169 000	24 456 000
Stock	8 839 000	6 662 000	7 873 000	5 914 000
Total Investments	0	0	0	0
Cash, Bank	32 396 000	36 020 000	18 609 000	10 316 000
Total Current Assets	76 485 000	69 752 000	45 740 000	38 748 000
Total Assets	106 067 000	98 841 000	73 909 000	63 205 000
Total Equity	31 042 000	30 474 000	27 900 000	23 798 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 180 000	12 722 000	14 264 000	6 733 000
Creditors	3 909 000	8 705 000	2 106 000	3 457 000
Unpaid Taxes	6 336 000	2 340 000	3 064 000	2 993 000
Dividends	15 000 000	10 400 000	0	0
Other Current Debt	49 050 000	40 921 000	26 286 000	24 610 000
Total Current Debt	63 844 000	55 645 000	31 744 000	32 673 000
Total Equity and Debt	106 067 000	98 841 000	73 909 000	63 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,19 %	46,67 %	37,07 %	33,72 %
Debt-to-Equity Ratio	0,36	0,42	0,51	0,28
Operating Profit Margin	18,41 %	17,84 %	18,05 %	13,93 %
Current Ratio	1,2	1,25	1,44	1,19
Quick Ratio	1,39	1,42	1,92	1,45
Equity Ratio	0,29	0,31	0,38	0,38
Gross Profit Margin	58,14 %	57,94 %	64,53 %	61,27 %