BETTER WINES AS

0284 OSLO

Finances

Share Ownership

Return on Equity

96,07 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 377 000	35 582 000	29 407 000	30 167 000
Net Income	11 112 000	12 440 000	7 337 000	6 628 000
Total Assets	21 490 000	21 069 000	12 900 000	13 457 000
Total Equity	11 567 000	12 955 000	7 515 000	7 078 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 377 000	35 582 000	29 407 000	30 167 000
Expenditure	24 796 000	19 261 000	19 736 000	21 158 000
Operating Profit	14 581 000	16 321 000	9 672 000	9 010 000
Financial Income	12 000	7 000	37 000	22 000
Financial Costs	26 000	35 000	51 000	18 000
Financial Balance	−14 000	−28 000	−14 000	4 000
Earnings Before Tax	14 567 000	16 293 000	9 658 000	9 014 000
Tax	3 455 000	3 854 000	2 321 000	2 386 000
Net Income	11 112 000	12 440 000	7 337 000	6 628 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	422 000	421 000	421 000	420 000
Total Current Assets	21 068 000	20 648 000	12 480 000	13 036 000
Total Assets	21 490 000	21 069 000	12 900 000	13 457 000
Total Retained Equity	11 437 000	12 825 000	7 385 000	6 948 000
Total Equity	11 567 000	12 955 000	7 515 000	7 078 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 923 000	8 114 000	5 385 000	6 378 000
Total Equity and Debt	21 490 000	21 069 000	12 900 000	13 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 377 000	35 582 000	29 407 000	30 167 000
Other Income	0	0	0	0
Revenue	39 377 000	35 582 000	29 407 000	30 167 000
Cost of Goods Sold	10 125 000	7 673 000	8 111 000	6 636 000
Salary Costs	6 994 000	6 065 000	5 801 000	6 279 000
Depreciation	0	0	0	38 000
Impairment	0	0	0	0
Expenditure	24 796 000	19 261 000	19 736 000	21 158 000
Operating Profit	14 581 000	16 321 000	9 672 000	9 010 000
Financial Income	12 000	7 000	37 000	22 000
Financial Costs	26 000	35 000	51 000	18 000
Financial Balance	−14 000	−28 000	−14 000	4 000
Dividends	0	0	0	0
Net Income	11 112 000	12 440 000	7 337 000	6 628 000

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	200 000	200 000	200 000	200 000
Total Tangible Assets	200 000	200 000	200 000	200 000
Total Fiancial Fixed Assets	222 000	221 000	221 000	220 000
Total Fixed Assets	422 000	421 000	421 000	420 000
Stock	703 000	1 113 000	729 000	786 000
Total Investments	0	0	0	0
Cash, Bank	12 997 000	14 715 000	3 262 000	5 671 000
Total Current Assets	21 068 000	20 648 000	12 480 000	13 036 000
Total Assets	21 490 000	21 069 000	12 900 000	13 457 000
Total Equity	11 567 000	12 955 000	7 515 000	7 078 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 171 000	1 157 000	990 000	887 000
Unpaid Taxes	2 435 000	2 461 000	1 235 000	1 411 000
Dividends	0	0	0	0
Other Current Debt	863 000	642 000	840 000	1 694 000
Total Current Debt	9 923 000	8 114 000	5 385 000	6 378 000
Total Equity and Debt	21 490 000	21 069 000	12 900 000	13 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,07 %	96,02 %	97,63 %	93,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	37,03 %	45,87 %	32,89 %	29,87 %
Current Ratio	2,12	2,54	2,32	2,04
Quick Ratio	2,29	2,95	2,68	2,33
Equity Ratio	0,54	0,61	0,58	0,53
Gross Profit Margin	74,29 %	78,44 %	72,42 %	78 %