BLAST IT AS

4364 SIREVÅG

Finances

Share Ownership

Return on Equity

13,7 %

Current Ratio

0,16

Debt-to-Equity Ratio

−0,58

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	1 867 000	8 701 000	9 559 000
Net Income	−183 000	−877 000	−364 000	−18 000
Total Assets	110 000	292 000	1 277 000	2 661 000
Total Equity	−1 336 000	−1 153 000	−844 000	−480 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	1 867 000	8 701 000	9 559 000
Expenditure	189 000	2 728 000	9 034 000	9 578 000
Operating Profit	−189 000	−861 000	−333 000	−19 000
Financial Income	8 000	0	0	2 000
Financial Costs	2 000	16 000	31 000	1 000
Financial Balance	6 000	−16 000	−31 000	1 000
Earnings Before Tax	−183 000	−877 000	−364 000	−18 000
Tax	0	0	0	0
Net Income	−183 000	−877 000	−364 000	−18 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	91 000	302 000	428 000
Total Current Assets	110 000	201 000	975 000	2 233 000
Total Assets	110 000	292 000	1 277 000	2 661 000
Total Retained Equity	−1 436 000	−1 253 000	−944 000	−580 000
Total Equity	−1 336 000	−1 153 000	−844 000	−480 000
Total Long-Term Debt	770 000	500 000	500 000	560 000
Total Current Debt	676 000	945 000	1 621 000	2 581 000
Total Equity and Debt	110 000	292 000	1 277 000	2 661 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	1 803 000	8 701 000	9 559 000
Other Income	0	65 000	0	0
Revenue	0	1 867 000	8 701 000	9 559 000
Cost of Goods Sold	19 000	711 000	2 346 000	3 605 000
Salary Costs	19 000	1 129 000	3 460 000	2 219 000
Depreciation	0	0	95 000	93 000
Impairment	0	0	0	0
Expenditure	189 000	2 728 000	9 034 000	9 578 000
Operating Profit	−189 000	−861 000	−333 000	−19 000
Financial Income	8 000	0	0	2 000
Financial Costs	2 000	16 000	31 000	1 000
Financial Balance	6 000	−16 000	−31 000	1 000
Dividends	0	0	0	0
Net Income	−183 000	−877 000	−364 000	−18 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	198 000	293 000
Total Tangible Assets	0	0	198 000	293 000
Total Fiancial Fixed Assets	0	91 000	104 000	135 000
Total Fixed Assets	0	91 000	302 000	428 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	2 000	112 000	115 000
Total Current Assets	110 000	201 000	975 000	2 233 000
Total Assets	110 000	292 000	1 277 000	2 661 000
Total Equity	−1 336 000	−1 153 000	−844 000	−480 000
Short-Term Group Debt	56 000	127 000	0	0
Total Long-Term Debt	770 000	500 000	500 000	560 000
Creditors	432 000	644 000	556 000	1 666 000
Unpaid Taxes	51 000	37 000	557 000	457 000
Dividends	0	0	0	0
Other Current Debt	137 000	137 000	509 000	458 000
Total Current Debt	676 000	945 000	1 621 000	2 581 000
Total Equity and Debt	110 000	292 000	1 277 000	2 661 000

Financial indicators	2021	2020	2019	2018
Return on Equity	13,7 %	76,06 %	43,13 %	3,75 %
Debt-to-Equity Ratio	−0,58	−0,43	−0,59	−1,17
Operating Profit Margin	-	−46,12 %	−3,83 %	−0,2 %
Current Ratio	0,16	0,21	0,6	0,87
Quick Ratio	0,16	0,21	0,6	0,87
Equity Ratio	−12,15	−3,95	−0,66	−0,18
Gross Profit Margin	-	61,92 %	73,04 %	62,29 %