BALESTRAND ELEKTRO AS

6899 BALESTRAND

Finances

Share Ownership

Return on Equity

11,71 %

Current Ratio

6,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 238 000	866 000	1 607 000	1 522 000
Net Income	361 000	64 000	444 000	505 000
Total Assets	3 643 000	3 755 000	3 742 000	3 169 000
Total Equity	3 083 000	2 721 000	2 657 000	2 213 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 238 000	866 000	1 607 000	1 522 000
Expenditure	799 000	790 000	1 049 000	894 000
Operating Profit	439 000	77 000	558 000	628 000
Financial Income	30 000	8 000	17 000	25 000
Financial Costs	6 000	4 000	6 000	5 000
Financial Balance	24 000	4 000	11 000	20 000
Earnings Before Tax	463 000	82 000	569 000	648 000
Tax	102 000	18 000	125 000	143 000
Net Income	361 000	64 000	444 000	505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	21 000	24 000	0
Total Current Assets	3 626 000	3 734 000	3 717 000	3 169 000
Total Assets	3 643 000	3 755 000	3 742 000	3 169 000
Total Retained Equity	2 983 000	2 621 000	2 557 000	2 113 000
Total Equity	3 083 000	2 721 000	2 657 000	2 213 000
Total Long-Term Debt	4 000	2 000	2 000	0
Total Current Debt	556 000	1 033 000	1 083 000	956 000
Total Equity and Debt	3 643 000	3 755 000	3 742 000	3 169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 238 000	866 000	1 607 000	1 518 000
Other Income	0	0	0	4 000
Revenue	1 238 000	866 000	1 607 000	1 522 000
Cost of Goods Sold	414 000	370 000	687 000	489 000
Salary Costs	73 000	61 000	43 000	46 000
Depreciation	4 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	799 000	790 000	1 049 000	894 000
Operating Profit	439 000	77 000	558 000	628 000
Financial Income	30 000	8 000	17 000	25 000
Financial Costs	6 000	4 000	6 000	5 000
Financial Balance	24 000	4 000	11 000	20 000
Dividends	0	0	0	0
Net Income	361 000	64 000	444 000	505 000

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	17 000	21 000	24 000	0
Total Tangible Assets	17 000	21 000	24 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	21 000	24 000	0
Stock	103 000	53 000	49 000	46 000
Total Investments	0	0	0	0
Cash, Bank	2 848 000	3 240 000	2 708 000	2 443 000
Total Current Assets	3 626 000	3 734 000	3 717 000	3 169 000
Total Assets	3 643 000	3 755 000	3 742 000	3 169 000
Total Equity	3 083 000	2 721 000	2 657 000	2 213 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	2 000	2 000	0
Creditors	202 000	112 000	210 000	122 000
Unpaid Taxes	36 000	59 000	48 000	69 000
Dividends	0	0	0	0
Other Current Debt	219 000	844 000	701 000	622 000
Total Current Debt	556 000	1 033 000	1 083 000	956 000
Total Equity and Debt	3 643 000	3 755 000	3 742 000	3 169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,71 %	2,35 %	16,71 %	22,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,46 %	8,89 %	34,72 %	41,26 %
Current Ratio	6,52	3,61	3,43	3,31
Quick Ratio	8	3,81	3,59	3,48
Equity Ratio	0,85	0,72	0,71	0,7
Gross Profit Margin	66,56 %	57,27 %	57,25 %	67,87 %