BUTEO AS

7041 TRONDHEIM

Finances

Return on Equity

−5,03 %

Current Ratio

21,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	115 000	108 000	5 328 000	5 578 000
Net Income	−1 873 000	54 293 000	1 353 000	686 000
Total Assets	38 752 000	88 515 000	36 209 000	35 622 000
Total Equity	37 208 000	39 366 000	1 545 000	893 000

Income (NOK)	2022	2021	2020	2019
Revenue	115 000	108 000	5 328 000	5 578 000
Expenditure	2 909 000	3 243 000	2 551 000	3 111 000
Operating Profit	−2 793 000	−3 136 000	2 777 000	2 467 000
Financial Income	489 000	56 168 000	11 000	104 000
Financial Costs	98 000	272 000	1 051 000	1 557 000
Financial Balance	391 000	55 896 000	−1 040 000	−1 453 000
Earnings Before Tax	−2 402 000	52 760 000	1 738 000	1 014 000
Tax	−529 000	−1 533 000	385 000	328 000
Net Income	−1 873 000	54 293 000	1 353 000	686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 828 000	2 980 000	35 981 000	34 357 000
Total Current Assets	33 924 000	85 535 000	228 000	1 265 000
Total Assets	38 752 000	88 515 000	36 209 000	35 622 000
Total Retained Equity	36 230 000	38 388 000	1 423 000	770 000
Total Equity	37 208 000	39 366 000	1 545 000	893 000
Total Long-Term Debt	0	31 075 000	34 033 000	33 966 000
Total Current Debt	1 544 000	18 074 000	630 000	763 000
Total Equity and Debt	38 752 000	88 515 000	36 209 000	35 622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 000	0	0	0
Other Income	108 000	108 000	5 328 000	5 578 000
Revenue	115 000	108 000	5 328 000	5 578 000
Cost of Goods Sold	99 000	0	611 000	859 000
Salary Costs	1 832 000	1 565 000	762 000	775 000
Depreciation	28 000	32 000	355 000	357 000
Impairment	0	0	0	0
Expenditure	2 909 000	3 243 000	2 551 000	3 111 000
Operating Profit	−2 793 000	−3 136 000	2 777 000	2 467 000
Financial Income	489 000	56 168 000	11 000	104 000
Financial Costs	98 000	272 000	1 051 000	1 557 000
Financial Balance	391 000	55 896 000	−1 040 000	−1 453 000
Dividends	0	0	700 000	1 450 000
Net Income	−1 873 000	54 293 000	1 353 000	686 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	551 000	22 000	0	0
Real Eastate	2 030 000	2 051 000	29 472 000	29 810 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	36 000	51 000	69 000
Total Tangible Assets	2 059 000	2 087 000	29 523 000	29 879 000
Total Fiancial Fixed Assets	2 218 000	871 000	6 458 000	4 478 000
Total Fixed Assets	4 828 000	2 980 000	35 981 000	34 357 000
Stock	0	0	0	0
Total Investments	7 868 000	0	0	0
Cash, Bank	21 033 000	723 000	169 000	807 000
Total Current Assets	33 924 000	85 535 000	228 000	1 265 000
Total Assets	38 752 000	88 515 000	36 209 000	35 622 000
Total Equity	37 208 000	39 366 000	1 545 000	893 000
Short-Term Group Debt	15 000	15 000	0	0
Total Long-Term Debt	0	31 075 000	34 033 000	33 966 000
Creditors	14 000	109 000	95 000	139 000
Unpaid Taxes	232 000	553 000	126 000	109 000
Dividends	0	0	700 000	1 450 000
Other Current Debt	1 283 000	14 800 000	91 000	266 000
Total Current Debt	1 544 000	18 074 000	630 000	763 000
Total Equity and Debt	38 752 000	88 515 000	36 209 000	35 622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,03 %	137,92 %	87,57 %	76,82 %
Debt-to-Equity Ratio	0	0,79	22,03	38,04
Operating Profit Margin	−2 428,7 %	−2 903,7 %	52,12 %	44,23 %
Current Ratio	21,97	4,73	0,36	1,66
Quick Ratio	21,97	4,73	0,36	1,66
Equity Ratio	0,96	0,44	0,04	0,03
Gross Profit Margin	13,91 %	100 %	88,53 %	84,6 %