BLAVIK ENGINEERING AS

4270 ÅKREHAMN

Finances

Return on Equity

47,29 %

Current Ratio

1,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 367 000	2 163 000	827 000	776 000
Net Income	262 000	102 000	196 000	−52 000
Total Assets	1 075 000	615 000	528 000	149 000
Total Equity	554 000	342 000	240 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 367 000	2 163 000	827 000	776 000
Expenditure	2 018 000	2 029 000	592 000	829 000
Operating Profit	349 000	134 000	235 000	−52 000
Financial Income	0	0	0	0
Financial Costs	14 000	6 000	0	0
Financial Balance	−14 000	−6 000	0	0
Earnings Before Tax	335 000	128 000	235 000	−52 000
Tax	72 000	26 000	39 000	0
Net Income	262 000	102 000	196 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 000	126 000	0	10 000
Total Current Assets	970 000	490 000	528 000	139 000
Total Assets	1 075 000	615 000	528 000	149 000
Total Retained Equity	524 000	312 000	210 000	14 000
Total Equity	554 000	342 000	240 000	44 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	520 000	273 000	287 000	105 000
Total Equity and Debt	1 075 000	615 000	528 000	149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 367 000	2 163 000	827 000	776 000
Other Income	0	0	0	0
Revenue	2 367 000	2 163 000	827 000	776 000
Cost of Goods Sold	0	17 000	0	0
Salary Costs	1 613 000	1 711 000	490 000	651 000
Depreciation	20 000	13 000	0	0
Impairment	0	0	0	0
Expenditure	2 018 000	2 029 000	592 000	829 000
Operating Profit	349 000	134 000	235 000	−52 000
Financial Income	0	0	0	0
Financial Costs	14 000	6 000	0	0
Financial Balance	−14 000	−6 000	0	0
Dividends	50 000	0	0	0
Net Income	262 000	102 000	196 000	−52 000

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	68 000	88 000	0	0
Total Tangible Assets	68 000	88 000	0	0
Total Fiancial Fixed Assets	38 000	38 000	0	10 000
Total Fixed Assets	105 000	126 000	0	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	449 000	451 000	346 000	72 000
Total Current Assets	970 000	490 000	528 000	139 000
Total Assets	1 075 000	615 000	528 000	149 000
Total Equity	554 000	342 000	240 000	44 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	55 000	−6 000	0	17 000
Unpaid Taxes	183 000	85 000	202 000	31 000
Dividends	50 000	0	0	0
Other Current Debt	160 000	168 000	47 000	58 000
Total Current Debt	520 000	273 000	287 000	105 000
Total Equity and Debt	1 075 000	615 000	528 000	149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,29 %	29,82 %	81,67 %	−118,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,74 %	6,2 %	28,42 %	−6,7 %
Current Ratio	1,87	1,79	1,84	1,32
Quick Ratio	1,87	1,79	1,84	1,32
Equity Ratio	0,52	0,56	0,45	0,3
Gross Profit Margin	100 %	99,21 %	100 %	100 %