OLE BULLSGATE BORETTSLAG

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

37,25 %

Current Ratio

12,38

Debt-to-Equity Ratio

−2,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 400 000	7 560 000	7 252 000	7 091 000
Net Income	−5 430 000	−5 128 000	1 621 000	−86 000
Total Assets	17 459 000	23 940 000	14 218 000	13 365 000
Total Equity	−14 578 000	−9 148 000	−4 020 000	−5 641 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 400 000	7 560 000	7 252 000	7 091 000
Expenditure	13 111 000	12 242 000	5 289 000	6 754 000
Operating Profit	−4 711 000	−4 681 000	1 964 000	336 000
Financial Income	1 000	3 000	5 000	6 000
Financial Costs	720 000	449 000	348 000	428 000
Financial Balance	−719 000	−446 000	−343 000	−422 000
Earnings Before Tax	−5 430 000	−5 128 000	1 621 000	−86 000
Tax	0	0	0	0
Net Income	−5 430 000	−5 128 000	1 621 000	−86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 778 000	8 812 000	8 867 000	8 875 000
Total Current Assets	8 681 000	15 128 000	5 352 000	4 491 000
Total Assets	17 459 000	23 940 000	14 218 000	13 365 000
Total Retained Equity	−14 591 000	9 161 000	4 033 000	5 654 000
Total Equity	−14 578 000	−9 148 000	−4 020 000	−5 641 000
Total Long-Term Debt	31 336 000	32 074 000	17 477 000	18 241 000
Total Current Debt	701 000	1 014 000	761 000	766 000
Total Equity and Debt	17 459 000	23 940 000	14 218 000	13 365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 199 000	0	0	0
Other Income	201 000	7 560 000	7 252 000	7 091 000
Revenue	8 400 000	7 560 000	7 252 000	7 091 000
Cost of Goods Sold	0	0	0	0
Salary Costs	349 000	349 000	297 000	308 000
Depreciation	34 000	55 000	55 000	58 000
Impairment	0	0	0	0
Expenditure	13 111 000	12 242 000	5 289 000	6 754 000
Operating Profit	−4 711 000	−4 681 000	1 964 000	336 000
Financial Income	1 000	3 000	5 000	6 000
Financial Costs	720 000	449 000	348 000	428 000
Financial Balance	−719 000	−446 000	−343 000	−422 000
Dividends	0	0	0	0
Net Income	−5 430 000	−5 128 000	1 621 000	−86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 730 000	8 812 000	8 867 000	8 875 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	0	0	0
Total Tangible Assets	8 778 000	8 812 000	8 867 000	8 875 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 778 000	8 812 000	8 867 000	8 875 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 091 000	14 191 000	4 309 000	3 518 000
Total Current Assets	8 681 000	15 128 000	5 352 000	4 491 000
Total Assets	17 459 000	23 940 000	14 218 000	13 365 000
Total Equity	−14 578 000	−9 148 000	−4 020 000	−5 641 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 336 000	32 074 000	17 477 000	18 241 000
Creditors	600 000	969 000	720 000	652 000
Unpaid Taxes	0	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	100 000	45 000	40 000	113 000
Total Current Debt	701 000	1 014 000	761 000	766 000
Total Equity and Debt	17 459 000	23 940 000	14 218 000	13 365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,25 %	56,06 %	−40,32 %	1,52 %
Debt-to-Equity Ratio	−2,15	−3,51	−4,35	−3,23
Operating Profit Margin	−56,08 %	−61,92 %	27,08 %	4,74 %
Current Ratio	12,38	14,92	7,03	5,86
Quick Ratio	12,38	14,92	7,03	5,86
Equity Ratio	−0,83	−0,38	−0,28	−0,42
Gross Profit Margin	100 %	100 %	100 %	100 %