BØRGE VASSBØ AS

4372 EGERSUND

Finances

Share Ownership

Return on Equity

38,05 %

Current Ratio

3,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 751 000	3 500 000	3 428 000	3 347 000
Net Income	1 313 000	816 000	1 047 000	776 000
Total Assets	4 755 000	3 769 000	2 892 000	2 090 000
Total Equity	3 451 000	2 138 000	2 322 000	1 275 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 751 000	3 500 000	3 428 000	3 347 000
Expenditure	2 056 000	2 455 000	2 087 000	2 352 000
Operating Profit	1 696 000	1 045 000	1 341 000	995 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	0	1 000	0
Earnings Before Tax	1 696 000	1 045 000	1 342 000	996 000
Tax	383 000	229 000	296 000	219 000
Net Income	1 313 000	816 000	1 047 000	776 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	2 000	10 000
Total Current Assets	4 755 000	3 769 000	2 889 000	2 080 000
Total Assets	4 755 000	3 769 000	2 892 000	2 090 000
Total Retained Equity	3 421 000	2 108 000	2 292 000	1 245 000
Total Equity	3 451 000	2 138 000	2 322 000	1 275 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 304 000	1 631 000	570 000	815 000
Total Equity and Debt	4 755 000	3 769 000	2 892 000	2 090 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 751 000	3 500 000	3 428 000	3 347 000
Other Income	0	0	0	0
Revenue	3 751 000	3 500 000	3 428 000	3 347 000
Cost of Goods Sold	0	1 000	0	0
Salary Costs	880 000	1 313 000	944 000	1 264 000
Depreciation	0	2 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	2 056 000	2 455 000	2 087 000	2 352 000
Operating Profit	1 696 000	1 045 000	1 341 000	995 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	0	1 000	0
Dividends	0	1 000 000	0	0
Net Income	1 313 000	816 000	1 047 000	776 000

Balance details (NOK)	2022	2021	2020	2019
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	0	0	2 000	10 000
Total Tangible Assets	0	0	2 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	2 000	10 000
Stock	0	0	0	0
Total Investments	2 462 000	0	0	0
Cash, Bank	2 140 000	3 488 000	2 664 000	1 867 000
Total Current Assets	4 755 000	3 769 000	2 889 000	2 080 000
Total Assets	4 755 000	3 769 000	2 892 000	2 090 000
Total Equity	3 451 000	2 138 000	2 322 000	1 275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	0	5 000
Unpaid Taxes	78 000	254 000	102 000	229 000
Dividends	0	1 000 000	0	0
Other Current Debt	840 000	1 148 000	172 000	362 000
Total Current Debt	1 304 000	1 631 000	570 000	815 000
Total Equity and Debt	4 755 000	3 769 000	2 892 000	2 090 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,05 %	38,17 %	45,09 %	60,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	45,21 %	29,86 %	39,12 %	29,73 %
Current Ratio	3,65	2,31	5,07	2,55
Quick Ratio	3,65	2,31	5,07	2,55
Equity Ratio	0,73	0,57	0,8	0,61
Gross Profit Margin	100 %	99,97 %	100 %	100 %