BARSETH AS

7167 VALLERSUND

Finances

Share Ownership

Return on Equity

−23,32 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 577 000	10 816 000	5 588 000	3 718 000
Net Income	−602 000	1 650 000	290 000	176 000
Total Assets	4 930 000	5 821 000	4 164 000	2 684 000
Total Equity	2 581 000	3 184 000	1 533 000	1 244 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 577 000	10 816 000	5 588 000	3 718 000
Expenditure	8 286 000	8 654 000	5 180 000	3 460 000
Operating Profit	−708 000	2 163 000	408 000	258 000
Financial Income	1 000	0	0	0
Financial Costs	65 000	46 000	36 000	31 000
Financial Balance	−64 000	−46 000	−36 000	−31 000
Earnings Before Tax	−772 000	2 117 000	372 000	227 000
Tax	−170 000	466 000	82 000	51 000
Net Income	−602 000	1 650 000	290 000	176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 959 000	2 168 000	1 645 000	1 141 000
Total Current Assets	1 971 000	3 652 000	2 519 000	1 543 000
Total Assets	4 930 000	5 821 000	4 164 000	2 684 000
Total Retained Equity	2 375 000	2 978 000	1 327 000	1 038 000
Total Equity	2 581 000	3 184 000	1 533 000	1 244 000
Total Long-Term Debt	939 000	886 000	831 000	403 000
Total Current Debt	1 410 000	1 750 000	1 800 000	1 037 000
Total Equity and Debt	4 930 000	5 821 000	4 164 000	2 684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 168 000	9 690 000	5 553 000	3 712 000
Other Income	409 000	1 127 000	34 000	6 000
Revenue	7 577 000	10 816 000	5 588 000	3 718 000
Cost of Goods Sold	925 000	802 000	773 000	957 000
Salary Costs	2 993 000	3 625 000	1 914 000	994 000
Depreciation	380 000	347 000	270 000	222 000
Impairment	0	0	0	0
Expenditure	8 286 000	8 654 000	5 180 000	3 460 000
Operating Profit	−708 000	2 163 000	408 000	258 000
Financial Income	1 000	0	0	0
Financial Costs	65 000	46 000	36 000	31 000
Financial Balance	−64 000	−46 000	−36 000	−31 000
Dividends	0	0	0	0
Net Income	−602 000	1 650 000	290 000	176 000

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	430 000	439 000	46 000	225 000
Fixtures	2 200 000	1 617 000	1 527 000	899 000
Total Tangible Assets	2 631 000	2 056 000	1 573 000	1 124 000
Total Fiancial Fixed Assets	328 000	112 000	73 000	17 000
Total Fixed Assets	2 959 000	2 168 000	1 645 000	1 141 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	568 000	1 032 000	51 000	95 000
Total Current Assets	1 971 000	3 652 000	2 519 000	1 543 000
Total Assets	4 930 000	5 821 000	4 164 000	2 684 000
Total Equity	2 581 000	3 184 000	1 533 000	1 244 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	939 000	886 000	831 000	403 000
Creditors	759 000	190 000	496 000	303 000
Unpaid Taxes	291 000	699 000	422 000	96 000
Dividends	0	0	0	0
Other Current Debt	360 000	585 000	820 000	586 000
Total Current Debt	1 410 000	1 750 000	1 800 000	1 037 000
Total Equity and Debt	4 930 000	5 821 000	4 164 000	2 684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,32 %	51,82 %	18,92 %	14,15 %
Debt-to-Equity Ratio	0,36	0,28	0,54	0,32
Operating Profit Margin	−9,34 %	20 %	7,3 %	6,94 %
Current Ratio	1,4	2,09	1,4	1,49
Quick Ratio	1,4	2,09	1,4	1,49
Equity Ratio	0,52	0,55	0,37	0,46
Gross Profit Margin	87,79 %	92,59 %	86,17 %	74,26 %