BORGE MASSEMOTTAK AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

6,76 %

Current Ratio

0,31

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	230 000	1 618 000	25 485 000
Net Income	1 297 000	−553 000	−2 443 000	−997 000
Total Assets	28 404 000	42 987 000	35 224 000	54 324 000
Total Equity	19 187 000	17 890 000	12 202 000	9 685 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	230 000	1 618 000	25 485 000
Expenditure	−2 473 000	−574 000	4 106 000	25 742 000
Operating Profit	2 473 000	803 000	−2 489 000	−258 000
Financial Income	0	0	71 000	338 000
Financial Costs	810 000	1 512 000	715 000	1 358 000
Financial Balance	−810 000	−1 512 000	−644 000	−1 020 000
Earnings Before Tax	1 662 000	−709 000	−3 133 000	−1 278 000
Tax	366 000	−156 000	−689 000	−281 000
Net Income	1 297 000	−553 000	−2 443 000	−997 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 731 000	26 791 000	26 956 000	30 098 000
Total Current Assets	673 000	16 196 000	8 268 000	24 226 000
Total Assets	28 404 000	42 987 000	35 224 000	54 324 000
Total Retained Equity	1 297 000	0	0	0
Total Equity	19 187 000	17 890 000	12 202 000	9 685 000
Total Long-Term Debt	7 033 000	10 257 000	13 421 000	14 715 000
Total Current Debt	2 184 000	14 840 000	9 601 000	29 923 000
Total Equity and Debt	28 404 000	42 987 000	35 224 000	54 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	230 000	1 618 000	25 485 000
Other Income	0	0	0	0
Revenue	0	230 000	1 618 000	25 485 000
Cost of Goods Sold	−1 000	278 000	1 059 000	12 997 000
Salary Costs	0	0	0	0
Depreciation	0	1 221 000	3 732 000	12 120 000
Impairment	0	0	0	0
Expenditure	−2 473 000	−574 000	4 106 000	25 742 000
Operating Profit	2 473 000	803 000	−2 489 000	−258 000
Financial Income	0	0	71 000	338 000
Financial Costs	810 000	1 512 000	715 000	1 358 000
Financial Balance	−810 000	−1 512 000	−644 000	−1 020 000
Dividends	0	0	0	0
Net Income	1 297 000	−553 000	−2 443 000	−997 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	1 751 000
Total Intangible Assets	10 616 000	10 848 000	10 896 000	13 437 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	17 114 000	15 943 000	16 060 000	16 662 000
Fixtures	0	0	0	0
Total Tangible Assets	17 114 000	15 943 000	16 060 000	16 662 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 731 000	26 791 000	26 956 000	30 098 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	673 000	16 196 000	8 268 000	24 226 000
Total Assets	28 404 000	42 987 000	35 224 000	54 324 000
Total Equity	19 187 000	17 890 000	12 202 000	9 685 000
Short-Term Group Debt	1 537 000	6 926 000	9 142 000	17 636 000
Total Long-Term Debt	7 033 000	10 257 000	13 421 000	14 715 000
Creditors	15 000	3 573 000	35 000	2 299 000
Unpaid Taxes	120 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	513 000	4 341 000	423 000	9 988 000
Total Current Debt	2 184 000	14 840 000	9 601 000	29 923 000
Total Equity and Debt	28 404 000	42 987 000	35 224 000	54 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,76 %	−3,09 %	−20,02 %	−10,29 %
Debt-to-Equity Ratio	0,37	0,57	1,1	1,52
Operating Profit Margin	-	349,13 %	−153,83 %	−1,01 %
Current Ratio	0,31	1,09	0,86	0,81
Quick Ratio	0,31	1,09	0,86	0,81
Equity Ratio	0,68	0,42	0,35	0,18
Gross Profit Margin	-	−20,87 %	34,55 %	49 %