BØRGE IVERSEN AS

8373 BALLSTAD

Finances

Share Ownership

Return on Equity

22,38 %

Current Ratio

7,67

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 501 000	4 451 000	4 941 000	5 036 000
Net Income	1 415 000	924 000	1 091 000	808 000
Total Assets	11 157 000	10 357 000	9 484 000	8 985 000
Total Equity	6 323 000	4 908 000	3 984 000	2 893 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 501 000	4 451 000	4 941 000	5 036 000
Expenditure	3 640 000	3 188 000	3 421 000	3 820 000
Operating Profit	1 861 000	1 263 000	1 520 000	1 216 000
Financial Income	55 000	31 000	35 000	23 000
Financial Costs	88 000	90 000	116 000	131 000
Financial Balance	−33 000	−59 000	−81 000	−108 000
Earnings Before Tax	1 827 000	1 204 000	1 439 000	1 108 000
Tax	412 000	280 000	348 000	300 000
Net Income	1 415 000	924 000	1 091 000	808 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 985 000	5 272 000	5 531 000	5 580 000
Total Current Assets	6 172 000	5 085 000	3 953 000	3 406 000
Total Assets	11 157 000	10 357 000	9 484 000	8 985 000
Total Retained Equity	6 192 000	4 777 000	3 853 000	2 762 000
Total Equity	6 323 000	4 908 000	3 984 000	2 893 000
Total Long-Term Debt	4 030 000	4 753 000	2 392 000	2 555 000
Total Current Debt	805 000	697 000	3 108 000	3 537 000
Total Equity and Debt	11 157 000	10 357 000	9 484 000	8 985 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 501 000	4 472 000	4 857 000	4 958 000
Other Income	0	−21 000	84 000	78 000
Revenue	5 501 000	4 451 000	4 941 000	5 036 000
Cost of Goods Sold	213 000	127 000	137 000	251 000
Salary Costs	1 591 000	1 349 000	1 702 000	1 682 000
Depreciation	287 000	329 000	421 000	408 000
Impairment	0	0	0	0
Expenditure	3 640 000	3 188 000	3 421 000	3 820 000
Operating Profit	1 861 000	1 263 000	1 520 000	1 216 000
Financial Income	55 000	31 000	35 000	23 000
Financial Costs	88 000	90 000	116 000	131 000
Financial Balance	−33 000	−59 000	−81 000	−108 000
Dividends	0	0	0	0
Net Income	1 415 000	924 000	1 091 000	808 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 100 000	1 100 000	1 100 000	1 100 000
Real Eastate	3 730 000	3 979 000	4 253 000	4 144 000
Machinery and Plant Facilities	0	68 000	0	0
Fixtures	153 000	124 000	162 000	215 000
Total Tangible Assets	3 882 000	4 170 000	4 429 000	4 477 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	4 985 000	5 272 000	5 531 000	5 580 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 044 000	4 982 000	3 817 000	3 198 000
Total Current Assets	6 172 000	5 085 000	3 953 000	3 406 000
Total Assets	11 157 000	10 357 000	9 484 000	8 985 000
Total Equity	6 323 000	4 908 000	3 984 000	2 893 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 030 000	4 753 000	2 392 000	2 555 000
Creditors	234 000	29 000	27 000	82 000
Unpaid Taxes	140 000	348 000	230 000	457 000
Dividends	0	0	0	0
Other Current Debt	19 000	40 000	2 503 000	2 698 000
Total Current Debt	805 000	697 000	3 108 000	3 537 000
Total Equity and Debt	11 157 000	10 357 000	9 484 000	8 985 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,38 %	18,83 %	27,38 %	27,93 %
Debt-to-Equity Ratio	0,64	0,97	0,6	0,88
Operating Profit Margin	33,83 %	28,38 %	30,76 %	24,15 %
Current Ratio	7,67	7,3	1,27	0,96
Quick Ratio	7,67	7,3	1,27	0,96
Equity Ratio	0,57	0,47	0,42	0,32
Gross Profit Margin	96,13 %	97,15 %	97,23 %	95,02 %