BORRE GOLFBANE AS

3186 HORTEN

Finances

Share Ownership

Return on Equity

−42,85 %

Current Ratio

0,4

Debt-to-Equity Ratio

−7,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 573 000	9 045 000	7 799 000	5 934 000
Net Income	581 000	1 247 000	560 000	−633 000
Total Assets	9 884 000	9 836 000	9 553 000	9 663 000
Total Equity	−1 356 000	−1 558 000	−2 805 000	−3 365 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 573 000	9 045 000	7 799 000	5 934 000
Expenditure	7 855 000	7 692 000	7 043 000	6 389 000
Operating Profit	718 000	1 352 000	757 000	−455 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	137 000	106 000	198 000	179 000
Financial Balance	−137 000	−105 000	−197 000	−178 000
Earnings Before Tax	581 000	1 247 000	560 000	−633 000
Tax	0	0	0	0
Net Income	581 000	1 247 000	560 000	−633 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 272 000	9 299 000	9 299 000	9 322 000
Total Current Assets	612 000	537 000	254 000	341 000
Total Assets	9 884 000	9 836 000	9 553 000	9 663 000
Total Retained Equity	−18 449 000	−18 651 000	−19 898 000	−20 458 000
Total Equity	−1 356 000	−1 558 000	−2 805 000	−3 365 000
Total Long-Term Debt	9 697 000	9 692 000	10 903 000	11 056 000
Total Current Debt	1 542 000	1 702 000	1 456 000	1 972 000
Total Equity and Debt	9 884 000	9 836 000	9 553 000	9 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 289 000	8 763 000	7 368 000	5 595 000
Other Income	284 000	282 000	431 000	339 000
Revenue	8 573 000	9 045 000	7 799 000	5 934 000
Cost of Goods Sold	123 000	79 000	568 000	492 000
Salary Costs	2 576 000	2 556 000	2 093 000	2 122 000
Depreciation	221 000	210 000	180 000	158 000
Impairment	0	0	0	82 000
Expenditure	7 855 000	7 692 000	7 043 000	6 389 000
Operating Profit	718 000	1 352 000	757 000	−455 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	137 000	106 000	198 000	179 000
Financial Balance	−137 000	−105 000	−197 000	−178 000
Dividends	0	0	0	0
Net Income	581 000	1 247 000	560 000	−633 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 458 000	8 532 000	8 612 000	8 289 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	814 000	767 000	688 000	1 032 000
Total Tangible Assets	9 272 000	9 299 000	9 299 000	9 321 000
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	9 272 000	9 299 000	9 299 000	9 322 000
Stock	0	0	0	236 000
Total Investments	0	0	0	0
Cash, Bank	43 000	84 000	57 000	32 000
Total Current Assets	612 000	537 000	254 000	341 000
Total Assets	9 884 000	9 836 000	9 553 000	9 663 000
Total Equity	−1 356 000	−1 558 000	−2 805 000	−3 365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 697 000	9 692 000	10 903 000	11 056 000
Creditors	196 000	493 000	185 000	551 000
Unpaid Taxes	250 000	137 000	161 000	44 000
Dividends	0	0	0	0
Other Current Debt	255 000	247 000	366 000	402 000
Total Current Debt	1 542 000	1 702 000	1 456 000	1 972 000
Total Equity and Debt	9 884 000	9 836 000	9 553 000	9 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,85 %	−80,04 %	−19,96 %	18,81 %
Debt-to-Equity Ratio	−7,15	−6,22	−3,89	−3,29
Operating Profit Margin	8,38 %	14,95 %	9,71 %	−7,67 %
Current Ratio	0,4	0,32	0,17	0,17
Quick Ratio	0,4	0,32	0,17	0,2
Equity Ratio	−0,14	−0,16	−0,29	−0,35
Gross Profit Margin	98,57 %	99,13 %	92,72 %	91,71 %