BORGSTEIN AS

6065 ULSTEINVIK

Finances

Return on Equity

−7,86 %

Current Ratio

1,55

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2022	2021	2020
Revenue	160 551 000	347 497 000	162 607 000
Net Income	−53 489 000	141 602 000	−307 001 000
Total Assets	1 531 612 000	1 547 838 000	1 200 031 000
Total Equity	680 706 000	644 929 000	466 479 000

Income (NOK)	2022	2021	2020
Revenue	160 551 000	347 497 000	162 607 000
Expenditure	128 787 000	298 145 000	128 187 000
Operating Profit	31 764 000	49 352 000	34 421 000
Financial Income	−15 974 000	131 259 000	−390 972 000
Financial Costs	55 375 000	29 989 000	39 631 000
Financial Balance	−71 349 000	101 270 000	−430 603 000
Earnings Before Tax	−39 584 000	150 622 000	−396 182 000
Tax	13 904 000	9 021 000	−89 182 000
Net Income	−53 489 000	141 602 000	−307 001 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 456 677 000	1 299 251 000	1 110 966 000
Total Current Assets	74 935 000	248 587 000	89 065 000
Total Assets	1 531 612 000	1 547 838 000	1 200 031 000
Total Retained Equity	366 431 000	330 654 000	152 204 000
Total Equity	680 706 000	644 929 000	466 479 000
Total Long-Term Debt	802 641 000	718 523 000	663 132 000
Total Current Debt	48 265 000	184 386 000	70 420 000
Total Equity and Debt	1 531 612 000	1 547 838 000	1 200 031 000

Cash flow (NOK)	2022	2021	2020
Sales Income	153 235 000	347 497 000	162 607 000
Other Income	7 316 000	0	0
Revenue	160 551 000	347 497 000	162 607 000
Cost of Goods Sold	7 034 000	6 820 000	5 910 000
Salary Costs	17 962 000	16 265 000	15 641 000
Depreciation	10 211 000	10 508 000	9 578 000
Impairment	0	0	0
Expenditure	128 787 000	298 145 000	128 187 000
Operating Profit	31 764 000	49 352 000	34 421 000
Financial Income	−15 974 000	131 259 000	−390 972 000
Financial Costs	55 375 000	29 989 000	39 631 000
Financial Balance	−71 349 000	101 270 000	−430 603 000
Dividends	5 000 000	0	0
Net Income	−53 489 000	141 602 000	−307 001 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	181 541 000	140 709 000	140 192 000
Machinery and Plant Facilities	0	0	0
Fixtures	17 718 000	44 622 000	49 127 000
Total Tangible Assets	201 359 000	187 851 000	192 259 000
Total Fiancial Fixed Assets	1 255 318 000	1 111 401 000	918 707 000
Total Fixed Assets	1 456 677 000	1 299 251 000	1 110 966 000
Stock	835 000	535 000	433 000
Total Investments	48 166 000	47 737 000	24 070 000
Cash, Bank	8 636 000	81 656 000	25 500 000
Total Current Assets	74 935 000	248 587 000	89 065 000
Total Assets	1 531 612 000	1 547 838 000	1 200 031 000
Total Equity	680 706 000	644 929 000	466 479 000
Short-Term Group Debt	0	0	3 334 000
Total Long-Term Debt	802 641 000	718 523 000	663 132 000
Creditors	15 854 000	108 461 000	28 172 000
Unpaid Taxes	1 623 000	3 801 000	1 623 000
Dividends	5 000 000	0	0
Other Current Debt	22 827 000	71 903 000	37 292 000
Total Current Debt	48 265 000	184 386 000	70 420 000
Total Equity and Debt	1 531 612 000	1 547 838 000	1 200 031 000

Financial indicators	2022	2021	2020
Return on Equity	−7,86 %	21,96 %	−65,81 %
Debt-to-Equity Ratio	1,18	1,11	1,42
Operating Profit Margin	19,78 %	14,2 %	21,17 %
Current Ratio	1,55	1,35	1,26
Quick Ratio	1,58	1,35	1,27
Equity Ratio	0,44	0,42	0,39
Gross Profit Margin	95,62 %	98,04 %	96,37 %