BARENTS SOLUTIONS AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−1 905,6 %

Current Ratio

0,52

Debt-to-Equity Ratio

−0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 947 000	158 000	11 751 000	11 277 000
Net Income	4 421 000	−1 956 000	1 233 000	−523 000
Total Assets	230 000	43 727 000	5 036 000	15 759 000
Total Equity	−232 000	−4 653 000	−2 697 000	−3 930 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 947 000	158 000	11 751 000	11 277 000
Expenditure	43 369 000	667 000	10 515 000	11 582 000
Operating Profit	4 578 000	−509 000	1 236 000	−305 000
Financial Income	0	69 000	4 000	1 000
Financial Costs	158 000	1 515 000	7 000	219 000
Financial Balance	−158 000	−1 446 000	−3 000	−218 000
Earnings Before Tax	4 421 000	−1 956 000	1 233 000	−523 000
Tax	0	0	0	0
Net Income	4 421 000	−1 956 000	1 233 000	−523 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	56 000	101 000	146 000
Total Current Assets	216 000	43 670 000	4 935 000	15 613 000
Total Assets	230 000	43 727 000	5 036 000	15 759 000
Total Retained Equity	−332 000	−4 753 000	−2 797 000	−4 030 000
Total Equity	−232 000	−4 653 000	−2 697 000	−3 930 000
Total Long-Term Debt	50 000	0	0	0
Total Current Debt	412 000	48 379 000	35 731 000	19 689 000
Total Equity and Debt	230 000	43 727 000	33 034 000	15 759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 947 000	158 000	11 751 000	11 220 000
Other Income	0	0	0	57 000
Revenue	47 947 000	158 000	11 751 000	11 277 000
Cost of Goods Sold	44 174 000	139 000	10 065 000	10 002 000
Salary Costs	8 000	10 000	87 000	1 134 000
Depreciation	43 000	45 000	45 000	45 000
Impairment	0	0	0	0
Expenditure	43 369 000	667 000	10 515 000	11 582 000
Operating Profit	4 578 000	−509 000	1 236 000	−305 000
Financial Income	0	69 000	4 000	1 000
Financial Costs	158 000	1 515 000	7 000	219 000
Financial Balance	−158 000	−1 446 000	−3 000	−218 000
Dividends	0	0	0	0
Net Income	4 421 000	−1 956 000	1 233 000	−523 000

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	14 000	56 000	101 000	146 000
Total Tangible Assets	14 000	56 000	101 000	146 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	56 000	101 000	146 000
Stock	112 000	42 683 000	27 998 000	13 286 000
Total Investments	0	0	0	0
Cash, Bank	31 000	214 000	1 037 000	1 369 000
Total Current Assets	216 000	43 670 000	4 935 000	15 613 000
Total Assets	230 000	43 727 000	5 036 000	15 759 000
Total Equity	−232 000	−4 653 000	−2 697 000	−3 930 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 000	0	0	0
Creditors	411 000	1 141 000	87 000	90 000
Unpaid Taxes	0	1 000	8 000	12 000
Dividends	0	0	0	0
Other Current Debt	0	47 237 000	35 636 000	19 587 000
Total Current Debt	412 000	48 379 000	35 731 000	19 689 000
Total Equity and Debt	230 000	43 727 000	33 034 000	15 759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 905,6 %	42,04 %	−45,72 %	13,31 %
Debt-to-Equity Ratio	−0,22	−0	−0	−0
Operating Profit Margin	9,55 %	−322,15 %	10,52 %	−2,7 %
Current Ratio	0,52	0,9	0,14	0,79
Quick Ratio	0,72	7,67	0,64	2,44
Equity Ratio	−1,01	−0,11	−0,54	−0,25
Gross Profit Margin	7,87 %	12,03 %	14,35 %	11,31 %