BLOWTECH GT AS

2212 KONGSVINGER

Finances

Share Ownership

Return on Equity

−6,07 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	178 424 000	165 632 000	140 575 000	166 983 000
Net Income	−1 832 000	4 584 000	6 612 000	9 605 000
Total Assets	77 907 000	85 475 000	67 411 000	87 241 000
Total Equity	30 173 000	32 005 000	32 421 000	30 809 000

Income (NOK)	2022	2021	2020	2019
Revenue	178 424 000	165 632 000	140 575 000	166 983 000
Expenditure	179 046 000	159 977 000	130 939 000	153 461 000
Operating Profit	−622 000	5 655 000	9 636 000	13 522 000
Financial Income	2 302 000	2 934 000	2 014 000	1 087 000
Financial Costs	4 026 000	2 708 000	3 168 000	2 420 000
Financial Balance	−1 724 000	226 000	−1 154 000	−1 333 000
Earnings Before Tax	−2 346 000	5 881 000	8 482 000	12 189 000
Tax	−514 000	1 297 000	1 870 000	2 584 000
Net Income	−1 832 000	4 584 000	6 612 000	9 605 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 103 000	4 302 000	4 169 000	4 930 000
Total Current Assets	66 804 000	81 173 000	63 241 000	82 311 000
Total Assets	77 907 000	85 475 000	67 411 000	87 241 000
Total Retained Equity	25 173 000	27 005 000	27 421 000	25 809 000
Total Equity	30 173 000	32 005 000	32 421 000	30 809 000
Total Long-Term Debt	0	414 000	346 000	4 270 000
Total Current Debt	47 734 000	53 056 000	34 644 000	52 162 000
Total Equity and Debt	77 907 000	85 475 000	67 411 000	87 241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	175 547 000	163 244 000	134 794 000	166 232 000
Other Income	2 877 000	2 388 000	5 781 000	751 000
Revenue	178 424 000	165 632 000	140 575 000	166 983 000
Cost of Goods Sold	106 185 000	96 231 000	80 140 000	91 181 000
Salary Costs	48 016 000	42 594 000	32 028 000	38 398 000
Depreciation	1 392 000	1 169 000	1 370 000	1 757 000
Impairment	0	0	0	0
Expenditure	179 046 000	159 977 000	130 939 000	153 461 000
Operating Profit	−622 000	5 655 000	9 636 000	13 522 000
Financial Income	2 302 000	2 934 000	2 014 000	1 087 000
Financial Costs	4 026 000	2 708 000	3 168 000	2 420 000
Financial Balance	−1 724 000	226 000	−1 154 000	−1 333 000
Dividends	0	5 000 000	5 000 000	0
Net Income	−1 832 000	4 584 000	6 612 000	9 605 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	100 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	10 888 000	4 066 000	3 796 000	4 416 000
Fixtures	115 000	236 000	373 000	514 000
Total Tangible Assets	11 003 000	4 302 000	4 169 000	4 930 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 103 000	4 302 000	4 169 000	4 930 000
Stock	25 224 000	34 300 000	25 764 000	35 660 000
Total Investments	0	0	0	0
Cash, Bank	1 002 000	822 000	522 000	2 379 000
Total Current Assets	66 804 000	81 173 000	63 241 000	82 311 000
Total Assets	77 907 000	85 475 000	67 411 000	87 241 000
Total Equity	30 173 000	32 005 000	32 421 000	30 809 000
Short-Term Group Debt	25 397 000	23 309 000	9 678 000	28 020 000
Total Long-Term Debt	0	414 000	346 000	4 270 000
Creditors	13 777 000	16 741 000	13 541 000	8 386 000
Unpaid Taxes	1 926 000	1 579 000	1 560 000	1 641 000
Dividends	0	5 000 000	5 000 000	0
Other Current Debt	6 634 000	5 197 000	3 239 000	4 916 000
Total Current Debt	47 734 000	53 056 000	34 644 000	52 162 000
Total Equity and Debt	77 907 000	85 475 000	67 411 000	87 241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,07 %	14,32 %	20,39 %	31,18 %
Debt-to-Equity Ratio	0	0,01	0,01	0,14
Operating Profit Margin	−0,35 %	3,41 %	6,85 %	8,1 %
Current Ratio	1,4	1,53	1,83	1,58
Quick Ratio	2,97	4,33	7,12	4,99
Equity Ratio	0,39	0,37	0,48	0,35
Gross Profit Margin	40,49 %	41,9 %	42,99 %	45,4 %