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1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

−53,2 %

Current Ratio

21,36

Debt-to-Equity Ratio

1,06

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 086 000	5 758 000	1 079 000	1 125 000
Net Income	−133 000	974 000	−23 000	−201 000
Total Assets	539 000	4 248 000	163 000	182 000
Total Equity	250 000	383 000	−489 000	−466 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 086 000	5 758 000	1 079 000	1 125 000
Expenditure	4 063 000	4 743 000	1 102 000	1 326 000
Operating Profit	22 000	1 015 000	−23 000	−201 000
Financial Income	52 000	44 000	0	0
Financial Costs	166 000	86 000	1 000	0
Financial Balance	−114 000	−42 000	−1 000	0
Earnings Before Tax	−91 000	974 000	−23 000	−201 000
Tax	0	0	0	0
Net Income	−133 000	974 000	−23 000	−201 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	4 000	4 000	4 000	4 000
Total Current Assets	534 000	4 244 000	158 000	178 000
Total Assets	539 000	4 248 000	163 000	182 000
Total Retained Equity	220 000	353 000	−519 000	−496 000
Total Equity	250 000	383 000	−489 000	−466 000
Total Long-Term Debt	264 000	264 000	323 000	372 000
Total Current Debt	25 000	3 601 000	329 000	276 000
Total Equity and Debt	539 000	4 248 000	163 000	182 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 086 000	5 758 000	1 079 000	1 125 000
Other Income	0	0	0	0
Revenue	4 086 000	5 758 000	1 079 000	1 125 000
Cost of Goods Sold	1 302 000	2 573 000	464 000	780 000
Salary Costs	1 379 000	59 000	4 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 063 000	4 743 000	1 102 000	1 326 000
Operating Profit	22 000	1 015 000	−23 000	−201 000
Financial Income	52 000	44 000	0	0
Financial Costs	166 000	86 000	1 000	0
Financial Balance	−114 000	−42 000	−1 000	0
Dividends	0	0	0	0
Net Income	−133 000	974 000	−23 000	−201 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	4 000	4 000	4 000
Total Tangible Assets	4 000	4 000	4 000	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	4 000	4 000	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 095 000	2 651 000	138 000	126 000
Total Current Assets	534 000	4 244 000	158 000	178 000
Total Assets	539 000	4 248 000	163 000	182 000
Total Equity	250 000	383 000	−489 000	−466 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	264 000	264 000	323 000	372 000
Creditors	0	735 000	246 000	255 000
Unpaid Taxes	131 000	−449 000	57 000	64 000
Dividends	0	0	0	0
Other Current Debt	−17 000	3 214 000	25 000	−42 000
Total Current Debt	25 000	3 601 000	329 000	276 000
Total Equity and Debt	539 000	4 248 000	163 000	182 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−53,2 %	254,31 %	4,7 %	43,13 %
Debt-to-Equity Ratio	1,06	0,69	−0,66	−0,8
Operating Profit Margin	0,54 %	17,63 %	−2,13 %	−17,87 %
Current Ratio	21,36	1,18	0,48	0,64
Quick Ratio	21,36	1,18	0,48	0,64
Equity Ratio	0,46	0,09	−3	−2,56
Gross Profit Margin	68,14 %	55,31 %	57 %	30,67 %