BULKEN UTVIKLING AS

5709 VOSS

Finances

Share Ownership

Return on Equity

−45,68 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	243 000	243 000	243 000	282 000
Net Income	−291 000	−224 000	−282 000	−235 000
Total Assets	953 000	878 000	1 687 000	2 155 000
Total Equity	637 000	799 000	1 024 000	1 306 000

Income (NOK)	2022	2021	2020	2019
Revenue	243 000	243 000	243 000	282 000
Expenditure	616 000	521 000	591 000	559 000
Operating Profit	−373 000	−278 000	−348 000	−277 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	10 000	14 000	25 000
Financial Balance	−1 000	−10 000	−13 000	−24 000
Earnings Before Tax	−374 000	−288 000	−362 000	−301 000
Tax	−82 000	−63 000	−80 000	−66 000
Net Income	−291 000	−224 000	−282 000	−235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	614 000	742 000	870 000	998 000
Total Current Assets	339 000	136 000	817 000	1 157 000
Total Assets	953 000	878 000	1 687 000	2 155 000
Total Retained Equity	−2 107 000	−1 816 000	−1 591 000	−1 309 000
Total Equity	637 000	799 000	1 024 000	1 306 000
Total Long-Term Debt	123 000	76 000	593 000	782 000
Total Current Debt	193 000	2 000	70 000	67 000
Total Equity and Debt	953 000	878 000	1 687 000	2 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	243 000	243 000	243 000	282 000
Other Income	0	0	0	0
Revenue	243 000	243 000	243 000	282 000
Cost of Goods Sold	31 000	15 000	218 000	67 000
Salary Costs	0	0	0	0
Depreciation	128 000	128 000	128 000	128 000
Impairment	0	0	0	0
Expenditure	616 000	521 000	591 000	559 000
Operating Profit	−373 000	−278 000	−348 000	−277 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	10 000	14 000	25 000
Financial Balance	−1 000	−10 000	−13 000	−24 000
Dividends	0	0	0	0
Net Income	−291 000	−224 000	−282 000	−235 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	614 000	742 000	870 000	998 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	614 000	742 000	870 000	998 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	614 000	742 000	870 000	998 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	46 000	63 000	84 000	217 000
Total Current Assets	339 000	136 000	817 000	1 157 000
Total Assets	953 000	878 000	1 687 000	2 155 000
Total Equity	637 000	799 000	1 024 000	1 306 000
Short-Term Group Debt	185 000	0	0	0
Total Long-Term Debt	123 000	76 000	593 000	782 000
Creditors	8 000	2 000	69 000	64 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	1 000	3 000
Total Current Debt	193 000	2 000	70 000	67 000
Total Equity and Debt	953 000	878 000	1 687 000	2 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,68 %	−28,04 %	−27,54 %	−17,99 %
Debt-to-Equity Ratio	0,19	0,1	0,58	0,6
Operating Profit Margin	−153,5 %	−114,4 %	−143,21 %	−98,23 %
Current Ratio	1,76	68	11,67	17,27
Quick Ratio	1,76	68	11,67	17,27
Equity Ratio	0,67	0,91	0,61	0,61
Gross Profit Margin	87,24 %	93,83 %	10,29 %	76,24 %