BULMAK AS

1274 OSLO

Finances

Share Ownership

Return on Equity

71,37 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 798 000	21 923 000	25 334 000	30 148 000
Net Income	4 111 000	556 000	1 138 000	1 815 000
Total Assets	21 174 000	14 505 000	13 364 000	9 988 000
Total Equity	5 760 000	3 148 000	2 892 000	2 554 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 798 000	21 923 000	25 334 000	30 148 000
Expenditure	35 809 000	24 544 000	24 731 000	25 225 000
Operating Profit	5 332 000	750 000	1 481 000	2 341 000
Financial Income	−1 000	0	0	10 000
Financial Costs	19 000	4 000	7 000	2 000
Financial Balance	−20 000	−4 000	−7 000	8 000
Earnings Before Tax	5 311 000	746 000	1 474 000	2 349 000
Tax	1 200 000	190 000	336 000	534 000
Net Income	4 111 000	556 000	1 138 000	1 815 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 624 000	1 047 000	691 000	641 000
Total Current Assets	19 551 000	13 458 000	12 673 000	9 346 000
Total Assets	21 174 000	14 505 000	13 364 000	9 988 000
Total Retained Equity	5 730 000	3 118 000	2 862 000	2 524 000
Total Equity	5 760 000	3 148 000	2 892 000	2 554 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 415 000	11 357 000	10 472 000	7 434 000
Total Equity and Debt	21 174 000	14 505 000	13 364 000	9 988 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 648 000	21 923 000	25 334 000	30 148 000
Other Income	150 000	0	0	0
Revenue	43 798 000	21 923 000	25 334 000	30 148 000
Cost of Goods Sold	9 254 000	5 153 000	6 089 000	5 438 000
Salary Costs	22 246 000	16 951 000	16 380 000	16 917 000
Depreciation	272 000	215 000	124 000	152 000
Impairment	0	0	0	0
Expenditure	35 809 000	24 544 000	24 731 000	25 225 000
Operating Profit	5 332 000	750 000	1 481 000	2 341 000
Financial Income	−1 000	0	0	10 000
Financial Costs	19 000	4 000	7 000	2 000
Financial Balance	−20 000	−4 000	−7 000	8 000
Dividends	1 500 000	300 000	800 000	1 000 000
Net Income	4 111 000	556 000	1 138 000	1 815 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	532 000	262 000	267 000	309 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 091 000	785 000	425 000	332 000
Total Tangible Assets	1 091 000	785 000	425 000	332 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 624 000	1 047 000	691 000	641 000
Stock	2 924 000	4 980 000	2 312 000	785 000
Total Investments	0	0	0	0
Cash, Bank	4 325 000	3 562 000	2 853 000	2 912 000
Total Current Assets	19 551 000	13 458 000	12 673 000	9 346 000
Total Assets	21 174 000	14 505 000	13 364 000	9 988 000
Total Equity	5 760 000	3 148 000	2 892 000	2 554 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	254 000
Unpaid Taxes	5 146 000	3 016 000	3 193 000	3 085 000
Dividends	1 500 000	300 000	800 000	1 000 000
Other Current Debt	7 298 000	7 856 000	6 185 000	2 472 000
Total Current Debt	15 415 000	11 357 000	10 472 000	7 434 000
Total Equity and Debt	21 174 000	14 505 000	13 364 000	9 988 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,37 %	17,66 %	39,35 %	71,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,17 %	3,42 %	5,85 %	7,77 %
Current Ratio	1,27	1,18	1,21	1,26
Quick Ratio	1,57	2,11	1,55	1,41
Equity Ratio	0,27	0,22	0,22	0,26
Gross Profit Margin	78,87 %	76,5 %	75,97 %	81,96 %