BUSETH BIL AS

2512 KVIKNE

Finances

Share Ownership

Return on Equity

14,71 %

Current Ratio

3,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 274 000	3 583 000	4 120 000	3 489 000
Net Income	213 000	388 000	130 000	5 000
Total Assets	2 062 000	1 622 000	1 930 000	1 759 000
Total Equity	1 448 000	1 435 000	1 047 000	918 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 274 000	3 583 000	4 120 000	3 489 000
Expenditure	4 007 000	3 083 000	3 952 000	3 478 000
Operating Profit	267 000	500 000	168 000	11 000
Financial Income	7 000	3 000	6 000	7 000
Financial Costs	1 000	4 000	8 000	12 000
Financial Balance	6 000	−1 000	−2 000	−5 000
Earnings Before Tax	273 000	498 000	166 000	7 000
Tax	60 000	110 000	36 000	2 000
Net Income	213 000	388 000	130 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	11 000	15 000	25 000
Total Current Assets	2 007 000	1 610 000	1 915 000	1 734 000
Total Assets	2 062 000	1 622 000	1 930 000	1 759 000
Total Retained Equity	1 348 000	1 335 000	947 000	818 000
Total Equity	1 448 000	1 435 000	1 047 000	918 000
Total Long-Term Debt	0	68 000	781 000	774 000
Total Current Debt	614 000	119 000	102 000	68 000
Total Equity and Debt	2 062 000	1 622 000	1 930 000	1 759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 048 000	3 381 000	4 065 000	3 357 000
Other Income	226 000	202 000	54 000	131 000
Revenue	4 274 000	3 583 000	4 120 000	3 489 000
Cost of Goods Sold	3 540 000	2 734 000	3 676 000	3 130 000
Salary Costs	188 000	160 000	95 000	137 000
Depreciation	12 000	3 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	4 007 000	3 083 000	3 952 000	3 478 000
Operating Profit	267 000	500 000	168 000	11 000
Financial Income	7 000	3 000	6 000	7 000
Financial Costs	1 000	4 000	8 000	12 000
Financial Balance	6 000	−1 000	−2 000	−5 000
Dividends	200 000	0	0	0
Net Income	213 000	388 000	130 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	3 000	3 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	45 000	0	0	0
Fixtures	6 000	9 000	12 000	23 000
Total Tangible Assets	50 000	9 000	12 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	55 000	11 000	15 000	25 000
Stock	957 000	919 000	1 335 000	1 021 000
Total Investments	0	0	0	0
Cash, Bank	837 000	632 000	384 000	427 000
Total Current Assets	2 007 000	1 610 000	1 915 000	1 734 000
Total Assets	2 062 000	1 622 000	1 930 000	1 759 000
Total Equity	1 448 000	1 435 000	1 047 000	918 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	68 000	781 000	774 000
Creditors	330 000	−11 000	25 000	33 000
Unpaid Taxes	5 000	5 000	20 000	17 000
Dividends	200 000	0	0	0
Other Current Debt	16 000	16 000	20 000	16 000
Total Current Debt	614 000	119 000	102 000	68 000
Total Equity and Debt	2 062 000	1 622 000	1 930 000	1 759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,71 %	27,04 %	12,42 %	0,54 %
Debt-to-Equity Ratio	0	0,05	0,75	0,84
Operating Profit Margin	6,25 %	13,95 %	4,08 %	0,32 %
Current Ratio	3,27	13,53	18,77	25,5
Quick Ratio	−5,85	−2,01	−1,55	−1,82
Equity Ratio	0,7	0,88	0,54	0,52
Gross Profit Margin	17,17 %	23,7 %	10,78 %	10,29 %