NORRØNA BRYGGE II BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

49,24 %

Current Ratio

3,77

Debt-to-Equity Ratio

31,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	827 000	429 000	459 000	468 000
Net Income	325 000	45 000	−101 000	105 000
Total Assets	21 274 000	21 148 000	21 018 000	20 891 000
Total Equity	660 000	335 000	290 000	391 000

Income (NOK)	2022	2021	2020	2019
Revenue	827 000	429 000	459 000	468 000
Expenditure	286 000	246 000	384 000	158 000
Operating Profit	541 000	183 000	74 000	310 000
Financial Income	3 000	2 000	1 000	1 000
Financial Costs	219 000	139 000	176 000	206 000
Financial Balance	−216 000	−137 000	−175 000	−205 000
Earnings Before Tax	325 000	45 000	−101 000	105 000
Tax	0	0	0	0
Net Income	325 000	45 000	−101 000	105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 864 000	20 814 000	20 765 000	20 715 000
Total Current Assets	411 000	335 000	254 000	176 000
Total Assets	21 274 000	21 148 000	21 018 000	20 891 000
Total Retained Equity	640 000	315 000	270 000	371 000
Total Equity	660 000	335 000	290 000	391 000
Total Long-Term Debt	20 505 000	20 505 000	20 505 000	20 505 000
Total Current Debt	109 000	308 000	223 000	−4 000
Total Equity and Debt	21 274 000	21 148 000	21 018 000	20 891 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	827 000	429 000	459 000	468 000
Revenue	827 000	429 000	459 000	468 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	10 000	10 000	10 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	286 000	246 000	384 000	158 000
Operating Profit	541 000	183 000	74 000	310 000
Financial Income	3 000	2 000	1 000	1 000
Financial Costs	219 000	139 000	176 000	206 000
Financial Balance	−216 000	−137 000	−175 000	−205 000
Dividends	0	0	0	0
Net Income	325 000	45 000	−101 000	105 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 505 000	20 505 000	20 505 000	20 505 000
Machinery and Plant Facilities	6 000	7 000	8 000	9 000
Fixtures	0	0	0	0
Total Tangible Assets	20 511 000	20 512 000	20 513 000	20 514 000
Total Fiancial Fixed Assets	353 000	302 000	252 000	201 000
Total Fixed Assets	20 864 000	20 814 000	20 765 000	20 715 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	384 000	335 000	254 000	166 000
Total Current Assets	411 000	335 000	254 000	176 000
Total Assets	21 274 000	21 148 000	21 018 000	20 891 000
Total Equity	660 000	335 000	290 000	391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 505 000	20 505 000	20 505 000	20 505 000
Creditors	13 000	0	0	0
Unpaid Taxes	0	6 000	0	0
Dividends	0	0	0	0
Other Current Debt	97 000	302 000	223 000	−4 000
Total Current Debt	109 000	308 000	223 000	−4 000
Total Equity and Debt	21 274 000	21 148 000	21 018 000	20 891 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,24 %	13,43 %	−34,83 %	26,85 %
Debt-to-Equity Ratio	31,07	61,21	70,71	52,44
Operating Profit Margin	65,42 %	42,66 %	16,12 %	66,24 %
Current Ratio	3,77	1,09	1,14	−44
Quick Ratio	3,77	1,09	1,14	−44
Equity Ratio	0,03	0,02	0,01	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %