BUTLER ENTREPRENØR AS

2165 HVAM

Finances

Share Ownership

Return on Equity

111,32 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020
Revenue	6 731 000	7 113 000	3 561 000
Net Income	875 000	1 342 000	37 000
Total Assets	2 879 000	3 300 000	2 470 000
Total Equity	786 000	409 000	67 000

Income (NOK)	2022	2021	2020
Revenue	6 731 000	7 113 000	3 561 000
Expenditure	5 561 000	5 375 000	3 501 000
Operating Profit	1 171 000	1 738 000	60 000
Financial Income	0	0	0
Financial Costs	8 000	17 000	13 000
Financial Balance	−8 000	−17 000	−13 000
Earnings Before Tax	1 163 000	1 721 000	47 000
Tax	287 000	379 000	10 000
Net Income	875 000	1 342 000	37 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	342 000	526 000	705 000
Total Current Assets	2 537 000	2 774 000	1 765 000
Total Assets	2 879 000	3 300 000	2 470 000
Total Retained Equity	756 000	379 000	37 000
Total Equity	786 000	409 000	67 000
Total Long-Term Debt	182 000	256 000	372 000
Total Current Debt	1 911 000	2 635 000	2 031 000
Total Equity and Debt	2 879 000	3 300 000	2 470 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 731 000	7 113 000	3 561 000
Other Income	0	0	0
Revenue	6 731 000	7 113 000	3 561 000
Cost of Goods Sold	39 000	11 000	39 000
Salary Costs	4 831 000	4 797 000	2 837 000
Depreciation	182 000	179 000	132 000
Impairment	0	0	0
Expenditure	5 561 000	5 375 000	3 501 000
Operating Profit	1 171 000	1 738 000	60 000
Financial Income	0	0	0
Financial Costs	8 000	17 000	13 000
Financial Balance	−8 000	−17 000	−13 000
Dividends	500 000	1 000 000	0
Net Income	875 000	1 342 000	37 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	330 000	417 000	565 000
Fixtures	12 000	93 000	124 000
Total Tangible Assets	342 000	510 000	689 000
Total Fiancial Fixed Assets	0	16 000	16 000
Total Fixed Assets	342 000	526 000	705 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 639 000	1 869 000	1 756 000
Total Current Assets	2 537 000	2 774 000	1 765 000
Total Assets	2 879 000	3 300 000	2 470 000
Total Equity	786 000	409 000	67 000
Short-Term Group Debt	0	0	1 370 000
Total Long-Term Debt	182 000	256 000	372 000
Creditors	54 000	52 000	14 000
Unpaid Taxes	595 000	653 000	292 000
Dividends	500 000	1 000 000	0
Other Current Debt	487 000	543 000	354 000
Total Current Debt	1 911 000	2 635 000	2 031 000
Total Equity and Debt	2 879 000	3 300 000	2 470 000

Financial indicators	2022	2021	2020
Return on Equity	111,32 %	328,12 %	55,22 %
Debt-to-Equity Ratio	0,23	0,63	5,55
Operating Profit Margin	17,4 %	24,43 %	1,68 %
Current Ratio	1,33	1,05	0,87
Quick Ratio	1,33	1,05	0,87
Equity Ratio	0,27	0,12	0,03
Gross Profit Margin	99,42 %	99,85 %	98,9 %