BORG BILSENTER AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

7,24 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020
Revenue	12 722 000	11 025 000	6 091 000
Net Income	44 000	359 000	175 000
Total Assets	2 023 000	1 796 000	386 000
Total Equity	608 000	564 000	205 000

Income (NOK)	2022	2021	2020
Revenue	12 722 000	11 025 000	6 091 000
Expenditure	12 538 000	10 550 000	5 866 000
Operating Profit	185 000	474 000	224 000
Financial Income	0	0	0
Financial Costs	128 000	14 000	0
Financial Balance	−128 000	−14 000	0
Earnings Before Tax	57 000	461 000	224 000
Tax	12 000	101 000	49 000
Net Income	44 000	359 000	175 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	402 000	724 000	0
Total Current Assets	1 620 000	1 072 000	386 000
Total Assets	2 023 000	1 796 000	386 000
Total Retained Equity	578 000	534 000	175 000
Total Equity	608 000	564 000	205 000
Total Long-Term Debt	373 000	761 000	100 000
Total Current Debt	1 041 000	471 000	81 000
Total Equity and Debt	2 023 000	1 796 000	386 000

Cash flow (NOK)	2022	2021	2020
Sales Income	12 449 000	10 828 000	6 016 000
Other Income	273 000	196 000	75 000
Revenue	12 722 000	11 025 000	6 091 000
Cost of Goods Sold	10 797 000	9 563 000	5 361 000
Salary Costs	868 000	320 000	1 000
Depreciation	126 000	68 000	0
Impairment	0	0	0
Expenditure	12 538 000	10 550 000	5 866 000
Operating Profit	185 000	474 000	224 000
Financial Income	0	0	0
Financial Costs	128 000	14 000	0
Financial Balance	−128 000	−14 000	0
Dividends	0	0	0
Net Income	44 000	359 000	175 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	402 000	724 000	0
Total Tangible Assets	402 000	724 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	402 000	724 000	0
Stock	1 109 000	642 000	146 000
Total Investments	0	0	0
Cash, Bank	422 000	300 000	178 000
Total Current Assets	1 620 000	1 072 000	386 000
Total Assets	2 023 000	1 796 000	386 000
Total Equity	608 000	564 000	205 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	373 000	761 000	100 000
Creditors	73 000	313 000	32 000
Unpaid Taxes	58 000	54 000	0
Dividends	0	0	0
Other Current Debt	80 000	29 000	0
Total Current Debt	1 041 000	471 000	81 000
Total Equity and Debt	2 023 000	1 796 000	386 000

Financial indicators	2022	2021	2020
Return on Equity	7,24 %	63,65 %	85,37 %
Debt-to-Equity Ratio	0,61	1,35	0,49
Operating Profit Margin	1,45 %	4,3 %	3,68 %
Current Ratio	1,56	2,28	4,77
Quick Ratio	−23,82	−6,27	−5,94
Equity Ratio	0,3	0,31	0,53
Gross Profit Margin	15,13 %	13,26 %	11,98 %