BUSTHORN AS

5430 BREMNES

Finances

Share Ownership

Return on Equity

−2,25 %

Current Ratio

159,27

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−40 000	−33 000	−37 000	−28 000
Total Assets	2 454 000	2 404 000	2 405 000	2 417 000
Total Equity	1 780 000	1 820 000	1 853 000	1 890 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	26 000	20 000	27 000	20 000
Operating Profit	−26 000	−20 000	−27 000	−20 000
Financial Income	0	0	0	0
Financial Costs	25 000	22 000	21 000	16 000
Financial Balance	−25 000	−22 000	−21 000	−16 000
Earnings Before Tax	−51 000	−42 000	−48 000	−36 000
Tax	−11 000	−9 000	−11 000	−8 000
Net Income	−40 000	−33 000	−37 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	54 000	45 000	34 000
Total Current Assets	2 389 000	2 350 000	2 360 000	2 383 000
Total Assets	2 454 000	2 404 000	2 405 000	2 417 000
Total Retained Equity	−220 000	−180 000	−147 000	−110 000
Total Equity	1 780 000	1 820 000	1 853 000	1 890 000
Total Long-Term Debt	659 000	584 000	552 000	527 000
Total Current Debt	15 000	0	0	0
Total Equity and Debt	2 454 000	2 404 000	2 405 000	2 417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	26 000	20 000	27 000	20 000
Operating Profit	−26 000	−20 000	−27 000	−20 000
Financial Income	0	0	0	0
Financial Costs	25 000	22 000	21 000	16 000
Financial Balance	−25 000	−22 000	−21 000	−16 000
Dividends	0	0	0	0
Net Income	−40 000	−33 000	−37 000	−28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	54 000	45 000	34 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	65 000	54 000	45 000	34 000
Stock	2 380 000	2 346 000	2 322 000	2 312 000
Total Investments	0	0	0	0
Cash, Bank	10 000	5 000	38 000	71 000
Total Current Assets	2 389 000	2 350 000	2 360 000	2 383 000
Total Assets	2 454 000	2 404 000	2 405 000	2 417 000
Total Equity	1 780 000	1 820 000	1 853 000	1 890 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	659 000	584 000	552 000	527 000
Creditors	15 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	15 000	0	0	0
Total Equity and Debt	2 454 000	2 404 000	2 405 000	2 417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,25 %	−1,81 %	−2 %	−1,48 %
Debt-to-Equity Ratio	0,37	0,32	0,3	0,28
Operating Profit Margin	-	-	-	-
Current Ratio	159,27	-	-	-
Quick Ratio	−1,01	−1	−1,02	−1,03
Equity Ratio	0,73	0,76	0,77	0,78
Gross Profit Margin	-	-	-	-