ERIK BØRRESENSGATE EIENDOM AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

23,77 %

Current Ratio

0,31

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 725 000	2 783 000	2 399 000	2 793 000
Net Income	1 153 000	612 000	1 225 000	1 443 000
Total Assets	14 366 000	25 214 000	25 122 000	23 754 000
Total Equity	4 851 000	3 686 000	3 945 000	3 925 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 725 000	2 783 000	2 399 000	2 793 000
Expenditure	952 000	1 526 000	762 000	764 000
Operating Profit	1 773 000	1 257 000	1 637 000	2 029 000
Financial Income	130 000	370 000	302 000	355 000
Financial Costs	425 000	842 000	368 000	534 000
Financial Balance	−295 000	−472 000	−66 000	−179 000
Earnings Before Tax	1 478 000	785 000	1 571 000	1 850 000
Tax	325 000	173 000	346 000	407 000
Net Income	1 153 000	612 000	1 225 000	1 443 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 429 000	11 536 000	11 644 000	11 751 000
Total Current Assets	2 937 000	13 678 000	13 478 000	12 003 000
Total Assets	14 366 000	25 214 000	25 122 000	23 754 000
Total Retained Equity	3 851 000	2 686 000	2 945 000	2 925 000
Total Equity	4 851 000	3 686 000	3 945 000	3 925 000
Total Long-Term Debt	135 000	20 278 000	19 366 000	17 434 000
Total Current Debt	9 380 000	1 250 000	1 811 000	2 395 000
Total Equity and Debt	14 366 000	25 214 000	25 122 000	23 754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 725 000	2 783 000	2 399 000	2 793 000
Revenue	2 725 000	2 783 000	2 399 000	2 793 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	107 000	107 000	107 000	107 000
Impairment	0	0	0	0
Expenditure	952 000	1 526 000	762 000	764 000
Operating Profit	1 773 000	1 257 000	1 637 000	2 029 000
Financial Income	130 000	370 000	302 000	355 000
Financial Costs	425 000	842 000	368 000	534 000
Financial Balance	−295 000	−472 000	−66 000	−179 000
Dividends	0	0	0	0
Net Income	1 153 000	612 000	1 225 000	1 443 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 429 000	11 536 000	11 644 000	11 751 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 429 000	11 536 000	11 644 000	11 751 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 429 000	11 536 000	11 644 000	11 751 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 596 000	1 285 000	1 013 000	467 000
Total Current Assets	2 937 000	13 678 000	13 478 000	12 003 000
Total Assets	14 366 000	25 214 000	25 122 000	23 754 000
Total Equity	4 851 000	3 686 000	3 945 000	3 925 000
Short-Term Group Debt	0	1 118 000	1 545 000	1 814 000
Total Long-Term Debt	135 000	20 278 000	19 366 000	17 434 000
Creditors	472 000	94 000	189 000	247 000
Unpaid Taxes	53 000	24 000	77 000	333 000
Dividends	0	0	0	0
Other Current Debt	8 768 000	14 000	0	0
Total Current Debt	9 380 000	1 250 000	1 811 000	2 395 000
Total Equity and Debt	14 366 000	25 214 000	25 122 000	23 754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,77 %	16,6 %	31,05 %	36,76 %
Debt-to-Equity Ratio	0,03	5,5	4,91	4,44
Operating Profit Margin	65,06 %	45,17 %	68,24 %	72,65 %
Current Ratio	0,31	10,94	7,44	5,01
Quick Ratio	0,31	10,94	7,44	5,01
Equity Ratio	0,34	0,15	0,16	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %