BALMAS AS

9520 KAUTOKEINO

Finances

Share Ownership

Return on Equity

1 540,63 %

Current Ratio

0,45

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	302 000	181 000	540 000	0
Net Income	3 944 000	−201 000	376 000	−178 000
Total Assets	2 278 000	2 809 000	3 903 000	3 513 000
Total Equity	256 000	−3 689 000	−3 487 000	−3 863 000

Income (NOK)	2022	2021	2020	2019
Revenue	302 000	181 000	540 000	0
Expenditure	819 000	378 000	163 000	175 000
Operating Profit	−517 000	−197 000	377 000	−175 000
Financial Income	4 500 000	0	0	0
Financial Costs	0	4 000	2 000	3 000
Financial Balance	4 500 000	−4 000	−2 000	−3 000
Earnings Before Tax	3 983 000	−201 000	376 000	−178 000
Tax	38 000	0	0	0
Net Income	3 944 000	−201 000	376 000	−178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 385 000	1 636 000	626 000	773 000
Total Current Assets	893 000	1 173 000	3 277 000	2 740 000
Total Assets	2 278 000	2 809 000	3 903 000	3 513 000
Total Retained Equity	156 000	−3 789 000	−3 587 000	−3 963 000
Total Equity	256 000	−3 689 000	−3 487 000	−3 863 000
Total Long-Term Debt	38 000	1 800 000	1 800 000	1 800 000
Total Current Debt	1 984 000	4 698 000	5 591 000	5 576 000
Total Equity and Debt	2 278 000	2 809 000	3 903 000	3 513 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	302 000	181 000	540 000	0
Revenue	302 000	181 000	540 000	0
Cost of Goods Sold	401 000	70 000	0	7 000
Salary Costs	0	0	0	0
Depreciation	251 000	197 000	147 000	147 000
Impairment	0	0	0	0
Expenditure	819 000	378 000	163 000	175 000
Operating Profit	−517 000	−197 000	377 000	−175 000
Financial Income	4 500 000	0	0	0
Financial Costs	0	4 000	2 000	3 000
Financial Balance	4 500 000	−4 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	3 944 000	−201 000	376 000	−178 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 385 000	1 636 000	626 000	773 000
Total Tangible Assets	1 385 000	1 636 000	626 000	773 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 385 000	1 636 000	626 000	773 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	4 000	2 000	4 000
Total Current Assets	893 000	1 173 000	3 277 000	2 740 000
Total Assets	2 278 000	2 809 000	3 903 000	3 513 000
Total Equity	256 000	−3 689 000	−3 487 000	−3 863 000
Short-Term Group Debt	1 425 000	3 336 000	4 603 000	4 609 000
Total Long-Term Debt	38 000	1 800 000	1 800 000	1 800 000
Creditors	559 000	1 112 000	900 000	967 000
Unpaid Taxes	0	0	88 000	0
Dividends	0	0	0	0
Other Current Debt	0	250 000	0	0
Total Current Debt	1 984 000	4 698 000	5 591 000	5 576 000
Total Equity and Debt	2 278 000	2 809 000	3 903 000	3 513 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 540,63 %	5,45 %	−10,78 %	4,61 %
Debt-to-Equity Ratio	0,15	−0,49	−0,52	−0,47
Operating Profit Margin	−171,19 %	−108,84 %	69,81 %	-
Current Ratio	0,45	0,25	0,59	0,49
Quick Ratio	0,45	0,25	0,59	0,49
Equity Ratio	0,11	−1,31	−0,89	−1,1
Gross Profit Margin	−32,78 %	61,33 %	100 %	-