BETTER GLOBE AS

1580 RYGGE

Finances

Return on Equity

24,46 %

Current Ratio

0,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 852 000	45 776 000	53 180 000	61 479 000
Net Income	1 061 000	−3 952 000	209 000	2 439 000
Total Assets	9 066 000	9 965 000	8 693 000	9 410 000
Total Equity	4 338 000	3 277 000	7 229 000	7 020 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 852 000	45 776 000	53 180 000	61 479 000
Expenditure	30 659 000	50 016 000	54 241 000	57 137 000
Operating Profit	1 193 000	−4 239 000	−1 061 000	4 342 000
Financial Income	436 000	287 000	1 368 000	332 000
Financial Costs	568 000	0	37 000	1 245 000
Financial Balance	−132 000	287 000	1 331 000	−913 000
Earnings Before Tax	1 061 000	−3 952 000	270 000	3 429 000
Tax	0	0	61 000	990 000
Net Income	1 061 000	−3 952 000	209 000	2 439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 463 000	5 723 000	5 713 000	5 009 000
Total Current Assets	3 603 000	4 242 000	2 981 000	4 401 000
Total Assets	9 066 000	9 965 000	8 693 000	9 410 000
Total Retained Equity	4 239 000	3 178 000	7 130 000	6 920 000
Total Equity	4 338 000	3 277 000	7 229 000	7 020 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 728 000	6 688 000	1 464 000	2 390 000
Total Equity and Debt	9 066 000	9 965 000	8 693 000	9 410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 852 000	45 776 000	53 180 000	61 479 000
Other Income	0	0	0	0
Revenue	31 852 000	45 776 000	53 180 000	61 479 000
Cost of Goods Sold	24 778 000	43 649 000	48 827 000	51 390 000
Salary Costs	2 703 000	2 724 000	2 303 000	2 186 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 659 000	50 016 000	54 241 000	57 137 000
Operating Profit	1 193 000	−4 239 000	−1 061 000	4 342 000
Financial Income	436 000	287 000	1 368 000	332 000
Financial Costs	568 000	0	37 000	1 245 000
Financial Balance	−132 000	287 000	1 331 000	−913 000
Dividends	0	0	0	0
Net Income	1 061 000	−3 952 000	209 000	2 439 000

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	2 476 000	2 476 000	2 476 000	1 923 000
Total Tangible Assets	2 476 000	2 476 000	2 476 000	1 923 000
Total Fiancial Fixed Assets	2 986 000	3 246 000	3 236 000	3 086 000
Total Fixed Assets	5 463 000	5 723 000	5 713 000	5 009 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 293 000	2 243 000	1 531 000	4 222 000
Total Current Assets	3 603 000	4 242 000	2 981 000	4 401 000
Total Assets	9 066 000	9 965 000	8 693 000	9 410 000
Total Equity	4 338 000	3 277 000	7 229 000	7 020 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	256 000	0	22 000	972 000
Unpaid Taxes	252 000	213 000	1 080 000	209 000
Dividends	0	0	0	0
Other Current Debt	4 220 000	6 474 000	301 000	219 000
Total Current Debt	4 728 000	6 688 000	1 464 000	2 390 000
Total Equity and Debt	9 066 000	9 965 000	8 693 000	9 410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,46 %	−120,6 %	2,89 %	34,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,75 %	−9,26 %	−2 %	7,06 %
Current Ratio	0,76	0,63	2,04	1,84
Quick Ratio	0,76	0,63	2,04	1,84
Equity Ratio	0,48	0,33	0,83	0,75
Gross Profit Margin	22,21 %	4,65 %	8,19 %	16,41 %