BORG ARMERING SALG AS

1718 GREÅKER

Finances

Share Ownership

Return on Equity

33,08 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 599 000	55 358 000	35 227 000	0
Net Income	2 459 000	1 615 000	370 000	−12 000
Total Assets	22 876 000	22 381 000	15 390 000	488 000
Total Equity	7 433 000	5 974 000	859 000	488 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 599 000	55 358 000	35 227 000	0
Expenditure	58 126 000	53 001 000	34 447 000	12 000
Operating Profit	3 474 000	2 357 000	681 000	−12 000
Financial Income	128 000	37 000	8 000	0
Financial Costs	448 000	322 000	215 000	0
Financial Balance	−320 000	−285 000	−207 000	0
Earnings Before Tax	3 153 000	2 072 000	473 000	−12 000
Tax	695 000	457 000	103 000	0
Net Income	2 459 000	1 615 000	370 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 106 000	1 551 000	1 738 000	0
Total Current Assets	21 770 000	20 830 000	13 652 000	488 000
Total Assets	22 876 000	22 381 000	15 390 000	488 000
Total Retained Equity	2 433 000	974 000	359 000	−12 000
Total Equity	7 433 000	5 974 000	859 000	488 000
Total Long-Term Debt	4 799 000	5 447 000	10 318 000	0
Total Current Debt	10 645 000	10 961 000	4 213 000	0
Total Equity and Debt	22 876 000	22 381 000	15 390 000	488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 599 000	55 322 000	35 227 000	0
Other Income	0	37 000	0	0
Revenue	61 599 000	55 358 000	35 227 000	0
Cost of Goods Sold	47 964 000	43 969 000	26 391 000	0
Salary Costs	6 071 000	5 640 000	5 470 000	0
Depreciation	471 000	427 000	375 000	0
Impairment	0	0	0	0
Expenditure	58 126 000	53 001 000	34 447 000	12 000
Operating Profit	3 474 000	2 357 000	681 000	−12 000
Financial Income	128 000	37 000	8 000	0
Financial Costs	448 000	322 000	215 000	0
Financial Balance	−320 000	−285 000	−207 000	0
Dividends	1 000 000	1 000 000	0	0
Net Income	2 459 000	1 615 000	370 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 081 000	1 551 000	1 738 000	0
Total Tangible Assets	1 081 000	1 551 000	1 738 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 106 000	1 551 000	1 738 000	0
Stock	10 131 000	7 760 000	5 175 000	0
Total Investments	0	0	0	0
Cash, Bank	6 339 000	8 066 000	4 495 000	488 000
Total Current Assets	21 770 000	20 830 000	13 652 000	488 000
Total Assets	22 876 000	22 381 000	15 390 000	488 000
Total Equity	7 433 000	5 974 000	859 000	488 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 799 000	5 447 000	10 318 000	0
Creditors	6 788 000	7 800 000	2 653 000	0
Unpaid Taxes	1 081 000	666 000	591 000	0
Dividends	1 000 000	1 000 000	0	0
Other Current Debt	1 019 000	1 040 000	901 000	0
Total Current Debt	10 645 000	10 961 000	4 213 000	0
Total Equity and Debt	22 876 000	22 381 000	15 390 000	488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,08 %	27,03 %	43,07 %	−2,46 %
Debt-to-Equity Ratio	0,65	0,91	12,01	0
Operating Profit Margin	5,64 %	4,26 %	1,93 %	-
Current Ratio	2,05	1,9	3,24	-
Quick Ratio	42,35	6,51	−14,19	-
Equity Ratio	0,32	0,27	0,06	1
Gross Profit Margin	22,14 %	20,57 %	25,08 %	-