BULK FIBER NETWORKS AS

0279 OSLO

Finances

Return on Equity

−15,46 %

Current Ratio

23,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	950 000	933 000	0	0
Net Income	−89 297 000	−71 957 000	−12 763 000	−8 669 000
Total Assets	588 984 000	678 658 000	799 379 000	609 644 000
Total Equity	577 693 000	666 990 000	738 947 000	296 962 000

Income (NOK)	2022	2021	2020	2019
Revenue	950 000	933 000	0	0
Expenditure	28 602 000	24 677 000	20 228 000	3 270 000
Operating Profit	−27 651 000	−23 744 000	−20 228 000	−3 270 000
Financial Income	26 513 000	8 233 000	19 552 000	13 930 000
Financial Costs	90 575 000	60 743 000	15 687 000	20 072 000
Financial Balance	−64 062 000	−52 510 000	3 865 000	−6 142 000
Earnings Before Tax	−91 712 000	−76 254 000	−16 363 000	−9 413 000
Tax	−2 415 000	−4 297 000	−3 600 000	−743 000
Net Income	−89 297 000	−71 957 000	−12 763 000	−8 669 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	320 692 000	319 840 000	795 886 000	608 587 000
Total Current Assets	268 292 000	358 818 000	3 493 000	1 057 000
Total Assets	588 984 000	678 658 000	799 379 000	609 644 000
Total Retained Equity	−186 733 000	−97 436 000	−25 479 000	−12 716 000
Total Equity	577 693 000	666 990 000	738 947 000	296 962 000
Total Long-Term Debt	0	0	54 505 000	311 443 000
Total Current Debt	11 291 000	11 667 000	5 927 000	1 239 000
Total Equity and Debt	588 984 000	678 658 000	799 379 000	609 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	950 000	933 000	0	0
Other Income	0	0	0	0
Revenue	950 000	933 000	0	0
Cost of Goods Sold	5 000	4 000	0	0
Salary Costs	5 566 000	4 622 000	3 220 000	0
Depreciation	38 000	0	0	0
Impairment	0	0	0	0
Expenditure	28 602 000	24 677 000	20 228 000	3 270 000
Operating Profit	−27 651 000	−23 744 000	−20 228 000	−3 270 000
Financial Income	26 513 000	8 233 000	19 552 000	13 930 000
Financial Costs	90 575 000	60 743 000	15 687 000	20 072 000
Financial Balance	−64 062 000	−52 510 000	3 865 000	−6 142 000
Dividends	0	0	0	0
Net Income	−89 297 000	−71 957 000	−12 763 000	−8 669 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 269 000	9 854 000	5 556 000	1 956 000
Real Eastate	3 354 000	282 000	0	0
Machinery and Plant Facilities	2 304 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 658 000	282 000	0	0
Total Fiancial Fixed Assets	302 765 000	309 705 000	790 329 000	606 630 000
Total Fixed Assets	320 692 000	319 840 000	795 886 000	608 587 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 677 000	1 149 000	1 706 000	810 000
Total Current Assets	268 292 000	358 818 000	3 493 000	1 057 000
Total Assets	588 984 000	678 658 000	799 379 000	609 644 000
Total Equity	577 693 000	666 990 000	738 947 000	296 962 000
Short-Term Group Debt	8 913 000	10 256 000	4 870 000	938 000
Total Long-Term Debt	0	0	54 505 000	311 443 000
Creditors	499 000	65 000	115 000	301 000
Unpaid Taxes	333 000	248 000	184 000	0
Dividends	0	0	0	0
Other Current Debt	1 545 000	1 099 000	758 000	0
Total Current Debt	11 291 000	11 667 000	5 927 000	1 239 000
Total Equity and Debt	588 984 000	678 658 000	799 379 000	609 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,46 %	−10,79 %	−1,73 %	−2,92 %
Debt-to-Equity Ratio	0	0	0,07	1,05
Operating Profit Margin	−2 910,63 %	−2 544,91 %	-	-
Current Ratio	23,76	30,75	0,59	0,85
Quick Ratio	23,76	30,75	0,59	0,85
Equity Ratio	0,98	0,98	0,92	0,49
Gross Profit Margin	99,47 %	99,57 %	-	-