BLUES FACTORY AS

3211 SANDEFJORD

Finances

Return on Equity

18,83 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 270 000	1 689 000	1 114 000	1 307 000
Net Income	29 000	6 000	68 000	33 000
Total Assets	821 000	443 000	332 000	204 000
Total Equity	154 000	131 000	125 000	57 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 270 000	1 689 000	1 114 000	1 307 000
Expenditure	2 232 000	1 682 000	1 040 000	1 275 000
Operating Profit	38 000	8 000	74 000	33 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	−1 000	0
Earnings Before Tax	38 000	8 000	73 000	33 000
Tax	9 000	2 000	5 000	0
Net Income	29 000	6 000	68 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	85 000	17 000	22 000
Total Current Assets	757 000	358 000	314 000	182 000
Total Assets	821 000	443 000	332 000	204 000
Total Retained Equity	125 000	101 000	95 000	27 000
Total Equity	154 000	131 000	125 000	57 000
Total Long-Term Debt	3 000	2 000	0	0
Total Current Debt	665 000	310 000	207 000	147 000
Total Equity and Debt	821 000	443 000	332 000	204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	804 000	582 000	514 000	382 000
Other Income	1 466 000	1 107 000	600 000	925 000
Revenue	2 270 000	1 689 000	1 114 000	1 307 000
Cost of Goods Sold	357 000	73 000	5 000	51 000
Salary Costs	1 036 000	1 035 000	629 000	721 000
Depreciation	21 000	13 000	5 000	2 000
Impairment	0	0	0	0
Expenditure	2 232 000	1 682 000	1 040 000	1 275 000
Operating Profit	38 000	8 000	74 000	33 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	29 000	6 000	68 000	33 000

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	64 000	85 000	17 000	22 000
Total Tangible Assets	64 000	85 000	17 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	64 000	85 000	17 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	540 000	137 000	115 000	43 000
Total Current Assets	757 000	358 000	314 000	182 000
Total Assets	821 000	443 000	332 000	204 000
Total Equity	154 000	131 000	125 000	57 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	2 000	0	0
Creditors	31 000	85 000	5 000	3 000
Unpaid Taxes	59 000	53 000	70 000	44 000
Dividends	0	0	0	0
Other Current Debt	566 000	172 000	127 000	100 000
Total Current Debt	665 000	310 000	207 000	147 000
Total Equity and Debt	821 000	443 000	332 000	204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,83 %	4,58 %	54,4 %	57,89 %
Debt-to-Equity Ratio	0,02	0,02	0	0
Operating Profit Margin	1,67 %	0,47 %	6,64 %	2,52 %
Current Ratio	1,14	1,15	1,52	1,24
Quick Ratio	1,14	1,15	1,52	1,24
Equity Ratio	0,19	0,3	0,38	0,28
Gross Profit Margin	84,27 %	95,68 %	99,55 %	96,1 %