O BORGEN AS

3256 LARVIK

Finances

Return on Equity

13,2 %

Current Ratio

4,93

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 567 000	42 826 000	37 253 000	30 324 000
Net Income	4 010 000	4 712 000	3 289 000	717 000
Total Assets	43 107 000	39 670 000	36 101 000	31 643 000
Total Equity	30 376 000	26 366 000	22 882 000	19 593 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 567 000	42 826 000	37 253 000	30 324 000
Expenditure	35 063 000	36 503 000	32 756 000	29 053 000
Operating Profit	5 505 000	6 325 000	4 497 000	1 271 000
Financial Income	29 000	29 000	67 000	34 000
Financial Costs	392 000	313 000	346 000	385 000
Financial Balance	−363 000	−284 000	−279 000	−351 000
Earnings Before Tax	5 142 000	6 041 000	4 218 000	920 000
Tax	1 132 000	1 329 000	929 000	203 000
Net Income	4 010 000	4 712 000	3 289 000	717 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 791 000	12 558 000	12 584 000	12 744 000
Total Current Assets	30 315 000	27 112 000	23 517 000	18 899 000
Total Assets	43 107 000	39 670 000	36 101 000	31 643 000
Total Retained Equity	25 651 000	21 641 000	18 157 000	14 868 000
Total Equity	30 376 000	26 366 000	22 882 000	19 593 000
Total Long-Term Debt	6 578 000	6 690 000	7 197 000	7 702 000
Total Current Debt	6 153 000	6 614 000	6 023 000	4 349 000
Total Equity and Debt	43 107 000	39 670 000	36 101 000	31 643 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 567 000	42 826 000	37 253 000	30 324 000
Other Income	0	0	0	0
Revenue	40 567 000	42 826 000	37 253 000	30 324 000
Cost of Goods Sold	23 381 000	25 462 000	22 351 000	18 631 000
Salary Costs	6 135 000	4 954 000	4 915 000	5 533 000
Depreciation	205 000	159 000	160 000	167 000
Impairment	0	0	0	0
Expenditure	35 063 000	36 503 000	32 756 000	29 053 000
Operating Profit	5 505 000	6 325 000	4 497 000	1 271 000
Financial Income	29 000	29 000	67 000	34 000
Financial Costs	392 000	313 000	346 000	385 000
Financial Balance	−363 000	−284 000	−279 000	−351 000
Dividends	0	1 228 000	0	0
Net Income	4 010 000	4 712 000	3 289 000	717 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 251 000	8 386 000	8 520 000	8 654 000
Machinery and Plant Facilities	0	51 000	0	0
Fixtures	502 000	83 000	104 000	130 000
Total Tangible Assets	8 754 000	8 520 000	8 624 000	8 785 000
Total Fiancial Fixed Assets	4 038 000	4 038 000	3 960 000	3 960 000
Total Fixed Assets	12 791 000	12 558 000	12 584 000	12 744 000
Stock	14 906 000	13 194 000	12 256 000	12 741 000
Total Investments	0	0	0	0
Cash, Bank	15 119 000	13 639 000	10 752 000	5 814 000
Total Current Assets	30 315 000	27 112 000	23 517 000	18 899 000
Total Assets	43 107 000	39 670 000	36 101 000	31 643 000
Total Equity	30 376 000	26 366 000	22 882 000	19 593 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 578 000	6 690 000	7 197 000	7 702 000
Creditors	959 000	1 105 000	1 732 000	1 028 000
Unpaid Taxes	1 862 000	1 995 000	1 818 000	1 411 000
Dividends	0	1 228 000	0	0
Other Current Debt	2 207 000	1 566 000	1 545 000	1 712 000
Total Current Debt	6 153 000	6 614 000	6 023 000	4 349 000
Total Equity and Debt	43 107 000	39 670 000	36 101 000	31 643 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,2 %	17,87 %	14,37 %	3,66 %
Debt-to-Equity Ratio	0,22	0,25	0,31	0,39
Operating Profit Margin	13,57 %	14,77 %	12,07 %	4,19 %
Current Ratio	4,93	4,1	3,9	4,35
Quick Ratio	−3,46	−4,12	−3,77	−2,25
Equity Ratio	0,7	0,66	0,63	0,62
Gross Profit Margin	42,36 %	40,55 %	40 %	38,56 %