BORGAN SERVICE AS

7710 SPARBU

Finances

Share Ownership

Return on Equity

71,24 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	989 000	1 237 000	1 284 000	1 105 000
Net Income	166 000	109 000	99 000	149 000
Total Assets	833 000	819 000	849 000	746 000
Total Equity	233 000	237 000	208 000	189 000

Income (NOK)	2022	2021	2020	2019
Revenue	989 000	1 237 000	1 284 000	1 105 000
Expenditure	767 000	1 079 000	1 153 000	907 000
Operating Profit	221 000	158 000	132 000	198 000
Financial Income	0	0	0	0
Financial Costs	8 000	18 000	5 000	7 000
Financial Balance	−8 000	−18 000	−5 000	−7 000
Earnings Before Tax	213 000	140 000	127 000	191 000
Tax	47 000	31 000	28 000	42 000
Net Income	166 000	109 000	99 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	182 000	266 000	350 000
Total Current Assets	726 000	637 000	584 000	396 000
Total Assets	833 000	819 000	849 000	746 000
Total Retained Equity	214 000	217 000	189 000	169 000
Total Equity	233 000	237 000	208 000	189 000
Total Long-Term Debt	146 000	184 000	217 000	261 000
Total Current Debt	454 000	398 000	424 000	296 000
Total Equity and Debt	833 000	819 000	849 000	746 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	989 000	1 237 000	1 284 000	1 100 000
Other Income	0	0	0	5 000
Revenue	989 000	1 237 000	1 284 000	1 105 000
Cost of Goods Sold	0	0	1 000	3 000
Salary Costs	514 000	811 000	910 000	701 000
Depreciation	84 000	85 000	85 000	50 000
Impairment	0	0	0	0
Expenditure	767 000	1 079 000	1 153 000	907 000
Operating Profit	221 000	158 000	132 000	198 000
Financial Income	0	0	0	0
Financial Costs	8 000	18 000	5 000	7 000
Financial Balance	−8 000	−18 000	−5 000	−7 000
Dividends	170 000	80 000	80 000	80 000
Net Income	166 000	109 000	99 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	97 000	0	0	0
Fixtures	0	181 000	266 000	350 000
Total Tangible Assets	97 000	181 000	266 000	350 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	107 000	182 000	266 000	350 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	584 000	464 000	405 000	231 000
Total Current Assets	726 000	637 000	584 000	396 000
Total Assets	833 000	819 000	849 000	746 000
Total Equity	233 000	237 000	208 000	189 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	146 000	184 000	217 000	261 000
Creditors	11 000	8 000	4 000	9 000
Unpaid Taxes	127 000	132 000	159 000	90 000
Dividends	170 000	80 000	80 000	80 000
Other Current Debt	90 000	141 000	151 000	87 000
Total Current Debt	454 000	398 000	424 000	296 000
Total Equity and Debt	833 000	819 000	849 000	746 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,24 %	45,99 %	47,6 %	78,84 %
Debt-to-Equity Ratio	0,63	0,78	1,04	1,38
Operating Profit Margin	22,35 %	12,77 %	10,28 %	17,92 %
Current Ratio	1,6	1,6	1,38	1,34
Quick Ratio	1,6	1,6	1,38	1,34
Equity Ratio	0,28	0,29	0,24	0,25
Gross Profit Margin	100 %	100 %	99,92 %	99,73 %