BETR AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

−0,1 %

Current Ratio

22,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 988 000	3 763 000	16 175 000	6 588 000
Net Income	−17 000	−4 393 000	−12 701 000	−4 725 000
Total Assets	18 353 000	19 774 000	26 842 000	36 395 000
Total Equity	17 595 000	17 611 000	22 005 000	34 706 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 988 000	3 763 000	16 175 000	6 588 000
Expenditure	12 007 000	8 157 000	24 952 000	13 038 000
Operating Profit	−19 000	−4 393 000	−8 777 000	−6 450 000
Financial Income	3 000	0	27 000	11 000
Financial Costs	0	0	4 000	11 000
Financial Balance	3 000	0	23 000	0
Earnings Before Tax	−17 000	−4 393 000	−8 755 000	−6 450 000
Tax	0	0	3 947 000	−1 725 000
Net Income	−17 000	−4 393 000	−12 701 000	−4 725 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 394 000	6 888 000	6 825 000	16 802 000
Total Current Assets	16 959 000	12 885 000	20 016 000	19 593 000
Total Assets	18 353 000	19 774 000	26 842 000	36 395 000
Total Retained Equity	4 241 000	0	0	0
Total Equity	17 595 000	17 611 000	22 005 000	34 706 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	758 000	2 162 000	4 837 000	1 689 000
Total Equity and Debt	18 353 000	19 774 000	26 842 000	36 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 988 000	3 763 000	16 175 000	6 588 000
Other Income	0	0	0	0
Revenue	11 988 000	3 763 000	16 175 000	6 588 000
Cost of Goods Sold	0	0	2 263 000	3 362 000
Salary Costs	4 394 000	895 000	7 845 000	4 126 000
Depreciation	1 589 000	1 469 000	4 278 000	3 846 000
Impairment	3 905 000	3 672 000	8 586 000	547 000
Expenditure	12 007 000	8 157 000	24 952 000	13 038 000
Operating Profit	−19 000	−4 393 000	−8 777 000	−6 450 000
Financial Income	3 000	0	27 000	11 000
Financial Costs	0	0	4 000	11 000
Financial Balance	3 000	0	23 000	0
Dividends	0	0	0	0
Net Income	−17 000	−4 393 000	−12 701 000	−4 725 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 315 000	6 613 000	6 351 000	16 603 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	80 000	275 000	474 000	199 000
Total Tangible Assets	80 000	275 000	474 000	199 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 394 000	6 888 000	6 825 000	16 802 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 359 000	4 081 000	15 272 000	12 793 000
Total Current Assets	16 959 000	12 885 000	20 016 000	19 593 000
Total Assets	18 353 000	19 774 000	26 842 000	36 395 000
Total Equity	17 595 000	17 611 000	22 005 000	34 706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	91 000	5 000	48 000	335 000
Unpaid Taxes	213 000	227 000	683 000	495 000
Dividends	0	0	0	0
Other Current Debt	454 000	1 931 000	4 106 000	858 000
Total Current Debt	758 000	2 162 000	4 837 000	1 689 000
Total Equity and Debt	18 353 000	19 774 000	26 842 000	36 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,1 %	−24,94 %	−57,72 %	−13,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,16 %	−116,74 %	−54,26 %	−97,91 %
Current Ratio	22,37	5,96	4,14	11,6
Quick Ratio	22,37	5,96	4,14	11,6
Equity Ratio	0,96	0,89	0,82	0,95
Gross Profit Margin	100 %	100 %	86,01 %	48,97 %