BØLGEN DANSESTUDIO AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

23,84 %

Current Ratio

2,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 316 000	3 304 000	3 054 000	3 491 000
Net Income	210 000	−314 000	415 000	373 000
Total Assets	1 532 000	1 129 000	1 577 000	2 260 000
Total Equity	881 000	671 000	985 000	727 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 316 000	3 304 000	3 054 000	3 491 000
Expenditure	4 049 000	3 706 000	2 520 000	3 013 000
Operating Profit	267 000	−403 000	534 000	478 000
Financial Income	2 000	0	0	1 000
Financial Costs	0	0	1 000	0
Financial Balance	2 000	0	−1 000	1 000
Earnings Before Tax	269 000	−402 000	533 000	478 000
Tax	59 000	−88 000	118 000	105 000
Net Income	210 000	−314 000	415 000	373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 000	186 000	7 000	9 000
Total Current Assets	1 405 000	943 000	1 570 000	2 251 000
Total Assets	1 532 000	1 129 000	1 577 000	2 260 000
Total Retained Equity	845 000	635 000	949 000	691 000
Total Equity	881 000	671 000	985 000	727 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	652 000	458 000	592 000	1 533 000
Total Equity and Debt	1 532 000	1 129 000	1 577 000	2 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 301 000	2 995 000	3 054 000	3 491 000
Other Income	15 000	309 000	0	0
Revenue	4 316 000	3 304 000	3 054 000	3 491 000
Cost of Goods Sold	159 000	87 000	55 000	205 000
Salary Costs	2 891 000	2 522 000	1 678 000	1 896 000
Depreciation	19 000	9 000	0	0
Impairment	0	0	0	0
Expenditure	4 049 000	3 706 000	2 520 000	3 013 000
Operating Profit	267 000	−403 000	534 000	478 000
Financial Income	2 000	0	0	1 000
Financial Costs	0	0	1 000	0
Financial Balance	2 000	0	−1 000	1 000
Dividends	0	0	200 000	0
Net Income	210 000	−314 000	415 000	373 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	95 000	7 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	77 000	91 000	0	0
Fixtures	15 000	0	0	0
Total Tangible Assets	92 000	91 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	128 000	186 000	7 000	9 000
Stock	240 000	285 000	259 000	278 000
Total Investments	0	0	0	0
Cash, Bank	1 150 000	552 000	1 299 000	1 959 000
Total Current Assets	1 405 000	943 000	1 570 000	2 251 000
Total Assets	1 532 000	1 129 000	1 577 000	2 260 000
Total Equity	881 000	671 000	985 000	727 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	90 000	−8 000	−37 000
Unpaid Taxes	201 000	162 000	138 000	151 000
Dividends	0	0	200 000	0
Other Current Debt	418 000	207 000	147 000	1 342 000
Total Current Debt	652 000	458 000	592 000	1 533 000
Total Equity and Debt	1 532 000	1 129 000	1 577 000	2 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,84 %	−46,8 %	42,13 %	51,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,19 %	−12,2 %	17,49 %	13,69 %
Current Ratio	2,15	2,06	2,65	1,47
Quick Ratio	3,41	5,45	4,71	1,79
Equity Ratio	0,58	0,59	0,62	0,32
Gross Profit Margin	96,32 %	97,37 %	98,2 %	94,13 %