Bbu AS
ASDissolvedOrg 913668162Austefjordsvegen 194, 5379 SteinslandUtleie av egen eller leid fast eiendom ellers· NACE 68209Est. 2014 · 12 years old0 employees
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Overview
Bbu AS is a Norwegian AS based in Steinsland, operating in the Utleie av egen eller leid fast eiendom ellers sector. Incorporated in 2014, the company has 0 employees and reported revenue of NOK 54.5m in its latest annual filing.
Revenue 2019
54.5M NOK
+134% vs 2018
EBITDA margin
4.0 %
+161% vs 2018
Net profit 2019
0.8M NOK
+205% vs 2018
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
2.1 %
WeakAmong the 30% lowest rated companies in the industry
20152019
Liquidity ratioCurrent assets ÷ Short-term debt
1.3×
AverageAround the average of companies in the same industry
20152019
Return on assets (ROA)Net profit ÷ Total assets × 100
2.5 %
AverageAround the average of companies in the same industry
20152019
EBITDA — year on year
NOK thousandsKey figures
Annual report 2019| Revenue | 54.5M NOK | +134% |
| EBITDA | 2.2M NOK | +161% |
| Net profit | 0.8M NOK | +205% |
| Total assets | 31.6M NOK | +15% |
| Equity | 0.7M NOK | -20% |
| Employees | 0 | — |
Company information
Legal name
BBU AS
Org number
913668162
Legal form
Aksjeselskap
NACE code
Founded
8 May 2014 · 12 years
Share capital
NOK 500,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2019-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Utleie samt kjøp, utvikling og salg av hytter/boliger og annen fast eiendom, og annen virksomhet i tilknytning til dette, herunder å delta i andre selskap. Selskapet skal også gi støtte til veldedige og allmennyttige formål.
(no translation available)
Address
Austefjordsvegen 194, 5379 Steinsland
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Financial development
In its most recent annual report (2019), Bbu AS reported revenue of NOK 54.5m, an increase of 134% on the year before. The figures on this page draw on 5 annual filings covering 2015 to 2019. The bottom line showed a net profit of NOK 786.3k, and the EBITDA margin stood at 4%.
At the end of 2019, equity financed 2.1% of the balance sheet, and current assets covered short-term debt 1.3 times.
Financials
Revenue
NOK millionsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Revenue | 54,529 | 23,298 | 27,391 | 17,753 | 17,037 |
| Staff expenses | -3,238 | -3,184 | -5,573 | -5,931 | -4,466 |
| EBITDA | 2,157 | 826 | 376 | 533 | 1,112 |
| Depreciation & amort. | -115 | -159 | -150 | -173 | -51 |
| EBIT | 2,041 | 667 | 226 | 360 | 1,061 |
| Net financials | -1,023 | -339 | -193 | -133 | -56 |
| Profit before tax | 1,019 | 328 | 33 | 226 | 1,006 |
| Tax | 232 | 71 | 30 | 52 | 256 |
| Net profit | 786 | 258 | 4 | 174 | 750 |
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Balance sheet
NOK thousands| Item | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Total assets | 31,602 | 27,432 | 9,840 | 10,105 | 5,880 |
| Equity | 662 | 823 | 565 | 562 | 526 |
| Long-term debt | 6,863 | 2,369 | 1,295 | 4,932 | 1,922 |
| Short-term debt | 24,077 | 24,240 | 7,980 | 4,611 | 3,432 |
| Total debt | 30,940 | 26,609 | 9,275 | 9,544 | 5,354 |
Financial ratios
5-year trendEBITDA margin
4.0 %
20152019
Equity ratio
2.1 %
WeakAmong the 30% lowest rated companies in the industry
20152019
Return on equity
118.8 %
Very strongAmong the 10% highest rated companies in the industry
20152019
Net profit margin
1.4 %
WeakAmong the 40% lowest rated companies in the industry
20152019
Asset turnover
1.73×
Very strongAmong the 10% highest rated companies in the industry
20152019
Debt / equity
46.76×
Very weakAmong the 10% lowest rated companies in the industry
20152019
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 10% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginWeak
Among the 30% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginWeak
Among the 40% lowest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very strong
Among the 10% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very strong
Among the 10% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Strong
Among the 30% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioAverage
Around the average of companies in the same industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 20% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 10% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery strong
Among the 10% highest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioVery strong
Among the 20% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 30% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 30% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery weak
Among the 10% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 10% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 40% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 40% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 40% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverVery strong
Among the 10% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverVery weak
Among the 20% lowest rated companies in the industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalWeak
Among the 40% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery weak
Among the 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
People & ownership
Management
Actively employed in the businessNo data on file.
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
WB Chairman | Chairman | 2019 |
DB Board of Directors | Board of Directors | 2019 |
GR Board of Directors | Board of Directors | 2019 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2020 |
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Company hierarchy
Craft Holding As
Bbu AS Board network connections
Board members of Bbu AS also hold positions in 68 other companies.
| Person | Role here | Other companies |
|---|---|---|
| William Bernhardsen | Chairman | 25 companiesMany roles |
| Dag-Helge Bernhardsen | Board of Directors | 23 companiesMany roles |
| Gjermund Ripsam Gangsøy | Board of Directors | 20 companiesMany roles |
Frequently asked questions
What is the Org number of Bbu AS?
Bbu AS is registered with Brønnøysundsregistrene under Org 913668162.
What is the revenue of Bbu AS?
Bbu AS reported revenue of NOK 54.5m in 2019.
Who is the chairman of Bbu AS?
William Bernhardsen chairs the board of Bbu AS, in role since 2019.
Where is Bbu AS headquartered?
Bbu AS's registered address is Austefjordsvegen 194.