BULLS AS

7563 MALVIK

Finances

Share Ownership

Return on Equity

19,97 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 408 000	59 002 000	59 423 000	67 732 000
Net Income	1 201 000	47 000	1 187 000	2 610 000
Total Assets	21 961 000	19 761 000	19 020 000	19 350 000
Total Equity	6 014 000	5 337 000	5 290 000	4 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 408 000	59 002 000	59 423 000	67 732 000
Expenditure	54 670 000	58 732 000	57 717 000	64 395 000
Operating Profit	1 739 000	270 000	1 707 000	3 337 000
Financial Income	2 000	0	1 000	3 000
Financial Costs	203 000	178 000	168 000	169 000
Financial Balance	−201 000	−178 000	−167 000	−166 000
Earnings Before Tax	1 539 000	92 000	1 539 000	3 171 000
Tax	338 000	45 000	352 000	561 000
Net Income	1 201 000	47 000	1 187 000	2 610 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	717 000	667 000	640 000	804 000
Total Current Assets	21 244 000	19 094 000	18 380 000	18 546 000
Total Assets	21 961 000	19 761 000	19 020 000	19 350 000
Total Retained Equity	5 914 000	5 237 000	5 190 000	4 003 000
Total Equity	6 014 000	5 337 000	5 290 000	4 103 000
Total Long-Term Debt	0	0	28 000	765 000
Total Current Debt	15 948 000	14 424 000	13 702 000	14 482 000
Total Equity and Debt	21 961 000	19 761 000	19 020 000	19 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 401 000	58 966 000	59 423 000	67 732 000
Other Income	7 000	36 000	0	0
Revenue	56 408 000	59 002 000	59 423 000	67 732 000
Cost of Goods Sold	33 600 000	37 813 000	39 027 000	45 418 000
Salary Costs	16 505 000	16 975 000	15 068 000	15 089 000
Depreciation	161 000	143 000	163 000	207 000
Impairment	0	0	0	0
Expenditure	54 670 000	58 732 000	57 717 000	64 395 000
Operating Profit	1 739 000	270 000	1 707 000	3 337 000
Financial Income	2 000	0	1 000	3 000
Financial Costs	203 000	178 000	168 000	169 000
Financial Balance	−201 000	−178 000	−167 000	−166 000
Dividends	0	0	0	0
Net Income	1 201 000	47 000	1 187 000	2 610 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	634 000	559 000	0	0
Fixtures	83 000	108 000	640 000	804 000
Total Tangible Assets	717 000	667 000	640 000	804 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	717 000	667 000	640 000	804 000
Stock	150 000	462 000	213 000	213 000
Total Investments	0	0	0	0
Cash, Bank	540 000	513 000	1 193 000	426 000
Total Current Assets	21 244 000	19 094 000	18 380 000	18 546 000
Total Assets	21 961 000	19 761 000	19 020 000	19 350 000
Total Equity	6 014 000	5 337 000	5 290 000	4 103 000
Short-Term Group Debt	672 000	0	0	0
Total Long-Term Debt	0	0	28 000	765 000
Creditors	6 788 000	5 863 000	5 114 000	7 900 000
Unpaid Taxes	3 207 000	3 208 000	1 954 000	2 857 000
Dividends	0	0	0	0
Other Current Debt	1 689 000	1 897 000	3 052 000	2 808 000
Total Current Debt	15 948 000	14 424 000	13 702 000	14 482 000
Total Equity and Debt	21 961 000	19 761 000	19 020 000	19 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,97 %	0,88 %	22,44 %	63,61 %
Debt-to-Equity Ratio	0	0	0,01	0,19
Operating Profit Margin	3,08 %	0,46 %	2,87 %	4,93 %
Current Ratio	1,33	1,32	1,34	1,28
Quick Ratio	1,34	1,37	1,36	1,3
Equity Ratio	0,27	0,27	0,28	0,21
Gross Profit Margin	40,43 %	35,91 %	34,32 %	32,94 %