BALSWICK AS

9402 HARSTAD

Finances

Share Ownership

Return on Equity

0,57 %

Current Ratio

2,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 541 000	1 321 000	1 007 000	748 000
Net Income	6 000	74 000	153 000	73 000
Total Assets	2 287 000	1 324 000	1 402 000	1 310 000
Total Equity	1 060 000	1 053 000	979 000	826 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 541 000	1 321 000	1 007 000	748 000
Expenditure	1 505 000	1 222 000	808 000	639 000
Operating Profit	36 000	98 000	198 000	109 000
Financial Income	0	0	0	0
Financial Costs	1 000	5 000	11 000	15 000
Financial Balance	−1 000	−5 000	−11 000	−15 000
Earnings Before Tax	35 000	93 000	187 000	94 000
Tax	29 000	19 000	34 000	21 000
Net Income	6 000	74 000	153 000	73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 809 000	1 116 000	1 117 000	1 091 000
Total Current Assets	479 000	208 000	285 000	219 000
Total Assets	2 287 000	1 324 000	1 402 000	1 310 000
Total Retained Equity	860 000	853 000	779 000	626 000
Total Equity	1 060 000	1 053 000	979 000	826 000
Total Long-Term Debt	1 063 000	189 000	305 000	414 000
Total Current Debt	164 000	81 000	118 000	70 000
Total Equity and Debt	2 287 000	1 324 000	1 402 000	1 310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 541 000	1 321 000	1 007 000	747 000
Other Income	0	0	0	1 000
Revenue	1 541 000	1 321 000	1 007 000	748 000
Cost of Goods Sold	100 000	250 000	31 000	78 000
Salary Costs	314 000	108 000	176 000	89 000
Depreciation	306 000	258 000	226 000	193 000
Impairment	0	0	0	0
Expenditure	1 505 000	1 222 000	808 000	639 000
Operating Profit	36 000	98 000	198 000	109 000
Financial Income	0	0	0	0
Financial Costs	1 000	5 000	11 000	15 000
Financial Balance	−1 000	−5 000	−11 000	−15 000
Dividends	0	0	0	0
Net Income	6 000	74 000	153 000	73 000

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	664 000	853 000	915 000	1 065 000
Fixtures	1 144 000	307 000	246 000	69 000
Total Tangible Assets	1 809 000	1 160 000	1 161 000	1 135 000
Total Fiancial Fixed Assets	0	−44 000	−44 000	−44 000
Total Fixed Assets	1 809 000	1 116 000	1 117 000	1 091 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	150 000	106 000	275 000	157 000
Total Current Assets	479 000	208 000	285 000	219 000
Total Assets	2 287 000	1 324 000	1 402 000	1 310 000
Total Equity	1 060 000	1 053 000	979 000	826 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 063 000	189 000	305 000	414 000
Creditors	35 000	9 000	17 000	20 000
Unpaid Taxes	23 000	−9 000	28 000	20 000
Dividends	0	0	0	0
Other Current Debt	107 000	65 000	19 000	10 000
Total Current Debt	164 000	81 000	118 000	70 000
Total Equity and Debt	2 287 000	1 324 000	1 402 000	1 310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,57 %	7,03 %	15,63 %	8,84 %
Debt-to-Equity Ratio	1	0,18	0,31	0,5
Operating Profit Margin	2,34 %	7,42 %	19,66 %	14,57 %
Current Ratio	2,92	2,57	2,42	3,13
Quick Ratio	2,92	2,57	2,42	3,13
Equity Ratio	0,46	0,8	0,7	0,63
Gross Profit Margin	93,51 %	81,07 %	96,92 %	89,57 %