BULLDOG AVENSIS AS

5780 KINSARVIK

Finances

Return on Equity

−88,18 %

Current Ratio

0,83

Debt-to-Equity Ratio

3,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	546 000	1 970 000	879 000	867 000
Net Income	−3 102 000	−3 314 000	−2 042 000	264 000
Total Assets	40 334 000	34 302 000	27 875 000	33 808 000
Total Equity	3 518 000	6 620 000	9 933 000	11 975 000

Income (NOK)	2022	2021	2020	2019
Revenue	546 000	1 970 000	879 000	867 000
Expenditure	2 764 000	4 926 000	3 398 000	2 833 000
Operating Profit	−2 219 000	−2 956 000	−2 518 000	−1 966 000
Financial Income	0	71 000	860 000	2 667 000
Financial Costs	883 000	429 000	383 000	436 000
Financial Balance	−883 000	−358 000	477 000	2 231 000
Earnings Before Tax	−3 102 000	−3 314 000	−2 042 000	264 000
Tax	0	0	0	0
Net Income	−3 102 000	−3 314 000	−2 042 000	264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 686 000	21 076 000	17 882 000	18 878 000
Total Current Assets	19 648 000	13 227 000	9 993 000	14 930 000
Total Assets	40 334 000	34 302 000	27 875 000	33 808 000
Total Retained Equity	−4 482 000	−1 380 000	1 933 000	3 975 000
Total Equity	3 518 000	6 620 000	9 933 000	11 975 000
Total Long-Term Debt	13 209 000	10 437 000	7 767 000	8 364 000
Total Current Debt	23 607 000	17 246 000	10 174 000	13 469 000
Total Equity and Debt	40 334 000	34 302 000	27 875 000	33 808 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	368 000	1 866 000	767 000	725 000
Other Income	178 000	104 000	112 000	142 000
Revenue	546 000	1 970 000	879 000	867 000
Cost of Goods Sold	186 000	1 304 000	652 000	472 000
Salary Costs	1 379 000	1 562 000	1 474 000	1 210 000
Depreciation	446 000	441 000	429 000	369 000
Impairment	0	0	0	0
Expenditure	2 764 000	4 926 000	3 398 000	2 833 000
Operating Profit	−2 219 000	−2 956 000	−2 518 000	−1 966 000
Financial Income	0	71 000	860 000	2 667 000
Financial Costs	883 000	429 000	383 000	436 000
Financial Balance	−883 000	−358 000	477 000	2 231 000
Dividends	0	0	0	0
Net Income	−3 102 000	−3 314 000	−2 042 000	264 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 112 000	12 368 000	12 680 000	12 992 000
Machinery and Plant Facilities	1 806 000	1 939 000	2 002 000	2 118 000
Fixtures	2 000	3 000	4 000	5 000
Total Tangible Assets	13 920 000	14 310 000	14 686 000	15 115 000
Total Fiancial Fixed Assets	6 766 000	6 766 000	3 196 000	3 763 000
Total Fixed Assets	20 686 000	21 076 000	17 882 000	18 878 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	29 000	71 000	39 000
Total Current Assets	19 648 000	13 227 000	9 993 000	14 930 000
Total Assets	40 334 000	34 302 000	27 875 000	33 808 000
Total Equity	3 518 000	6 620 000	9 933 000	11 975 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 209 000	10 437 000	7 767 000	8 364 000
Creditors	5 000	416 000	311 000	1 420 000
Unpaid Taxes	307 000	323 000	157 000	205 000
Dividends	0	0	0	0
Other Current Debt	22 257 000	15 452 000	8 674 000	10 788 000
Total Current Debt	23 607 000	17 246 000	10 174 000	13 469 000
Total Equity and Debt	40 334 000	34 302 000	27 875 000	33 808 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−88,18 %	−50,06 %	−20,56 %	2,2 %
Debt-to-Equity Ratio	3,75	1,58	0,78	0,7
Operating Profit Margin	−406,41 %	−150,05 %	−286,46 %	−226,76 %
Current Ratio	0,83	0,77	0,98	1,11
Quick Ratio	0,83	0,77	0,98	1,11
Equity Ratio	0,09	0,19	0,36	0,35
Gross Profit Margin	65,93 %	33,81 %	25,82 %	45,56 %