BOWLINE ENGINEERING AS

3135 TORØD

Finances

Return on Equity

70,5 %

Current Ratio

2,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 255 000	7 182 000	7 552 000	8 165 000
Net Income	1 188 000	1 013 000	998 000	1 530 000
Total Assets	2 621 000	3 660 000	3 702 000	4 059 000
Total Equity	1 685 000	1 505 000	1 505 000	1 299 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 255 000	7 182 000	7 552 000	8 165 000
Expenditure	1 737 000	5 888 000	6 273 000	6 207 000
Operating Profit	1 518 000	1 295 000	1 279 000	1 958 000
Financial Income	5 000	4 000	1 000	3 000
Financial Costs	1 000	0	0	0
Financial Balance	4 000	4 000	1 000	3 000
Earnings Before Tax	1 522 000	1 299 000	1 280 000	1 961 000
Tax	335 000	286 000	282 000	431 000
Net Income	1 188 000	1 013 000	998 000	1 530 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	22 000	207 000	0
Total Current Assets	2 612 000	3 638 000	3 495 000	4 059 000
Total Assets	2 621 000	3 660 000	3 702 000	4 059 000
Total Retained Equity	1 188 000	974 000	959 000	753 000
Total Equity	1 685 000	1 505 000	1 505 000	1 299 000
Total Long-Term Debt	0	0	0	10 000
Total Current Debt	936 000	2 155 000	2 197 000	2 750 000
Total Equity and Debt	2 621 000	3 660 000	3 702 000	4 059 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 255 000	7 182 000	7 552 000	8 165 000
Other Income	0	0	0	0
Revenue	3 255 000	7 182 000	7 552 000	8 165 000
Cost of Goods Sold	427 000	1 047 000	660 000	1 448 000
Salary Costs	1 084 000	3 816 000	4 165 000	3 717 000
Depreciation	0	37 000	27 000	0
Impairment	0	119 000	0	0
Expenditure	1 737 000	5 888 000	6 273 000	6 207 000
Operating Profit	1 518 000	1 295 000	1 279 000	1 958 000
Financial Income	5 000	4 000	1 000	3 000
Financial Costs	1 000	0	0	0
Financial Balance	4 000	4 000	1 000	3 000
Dividends	1 008 000	868 000	792 000	1 215 000
Net Income	1 188 000	1 013 000	998 000	1 530 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	22 000	52 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	155 000	0
Total Tangible Assets	0	0	155 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	22 000	207 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 403 000	2 358 000	2 594 000	2 317 000
Total Current Assets	2 612 000	3 638 000	3 495 000	4 059 000
Total Assets	2 621 000	3 660 000	3 702 000	4 059 000
Total Equity	1 685 000	1 505 000	1 505 000	1 299 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	10 000
Creditors	258 000	28 000	187 000	146 000
Unpaid Taxes	246 000	503 000	487 000	624 000
Dividends	1 008 000	868 000	792 000	1 215 000
Other Current Debt	110 000	500 000	387 000	331 000
Total Current Debt	936 000	2 155 000	2 197 000	2 750 000
Total Equity and Debt	2 621 000	3 660 000	3 702 000	4 059 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,5 %	67,31 %	66,31 %	117,78 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	46,64 %	18,03 %	16,94 %	23,98 %
Current Ratio	2,79	1,69	1,59	1,48
Quick Ratio	2,79	1,69	1,59	1,48
Equity Ratio	0,64	0,41	0,41	0,32
Gross Profit Margin	86,88 %	85,42 %	91,26 %	82,27 %