BORGE TERRENGTEKNIKK AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

34,73 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 776 000	3 638 000	2 730 000	1 161 000
Net Income	1 029 000	864 000	750 000	235 000
Total Assets	4 409 000	2 633 000	1 845 000	957 000
Total Equity	2 963 000	2 035 000	1 321 000	571 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 776 000	3 638 000	2 730 000	1 161 000
Expenditure	3 460 000	2 531 000	1 767 000	859 000
Operating Profit	1 316 000	1 106 000	962 000	301 000
Financial Income	4 000	2 000	0	1 000
Financial Costs	1 000	1 000	0	0
Financial Balance	3 000	1 000	0	1 000
Earnings Before Tax	1 319 000	1 107 000	962 000	302 000
Tax	290 000	244 000	212 000	66 000
Net Income	1 029 000	864 000	750 000	235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 852 000	984 000	464 000	147 000
Total Current Assets	2 557 000	1 650 000	1 381 000	810 000
Total Assets	4 409 000	2 633 000	1 845 000	957 000
Total Retained Equity	2 863 000	1 935 000	1 221 000	471 000
Total Equity	2 963 000	2 035 000	1 321 000	571 000
Total Long-Term Debt	61 000	54 000	6 000	2 000
Total Current Debt	1 385 000	545 000	518 000	385 000
Total Equity and Debt	4 409 000	2 633 000	1 845 000	957 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 776 000	3 380 000	2 730 000	1 161 000
Other Income	0	258 000	0	0
Revenue	4 776 000	3 638 000	2 730 000	1 161 000
Cost of Goods Sold	266 000	55 000	191 000	114 000
Salary Costs	1 063 000	875 000	600 000	261 000
Depreciation	154 000	76 000	62 000	6 000
Impairment	0	0	0	0
Expenditure	3 460 000	2 531 000	1 767 000	859 000
Operating Profit	1 316 000	1 106 000	962 000	301 000
Financial Income	4 000	2 000	0	1 000
Financial Costs	1 000	1 000	0	0
Financial Balance	3 000	1 000	0	1 000
Dividends	100 000	150 000	0	0
Net Income	1 029 000	864 000	750 000	235 000

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	126 000	0	0	0
Fixtures	899 000	431 000	359 000	68 000
Total Tangible Assets	1 024 000	431 000	359 000	68 000
Total Fiancial Fixed Assets	828 000	553 000	104 000	80 000
Total Fixed Assets	1 852 000	984 000	464 000	147 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 938 000	1 355 000	1 308 000	722 000
Total Current Assets	2 557 000	1 650 000	1 381 000	810 000
Total Assets	4 409 000	2 633 000	1 845 000	957 000
Total Equity	2 963 000	2 035 000	1 321 000	571 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	61 000	54 000	6 000	2 000
Creditors	696 000	154 000	131 000	105 000
Unpaid Taxes	147 000	80 000	47 000	152 000
Dividends	100 000	150 000	0	0
Other Current Debt	159 000	116 000	132 000	63 000
Total Current Debt	1 385 000	545 000	518 000	385 000
Total Equity and Debt	4 409 000	2 633 000	1 845 000	957 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,73 %	42,46 %	56,78 %	41,16 %
Debt-to-Equity Ratio	0,02	0,03	0	0
Operating Profit Margin	27,55 %	30,4 %	35,24 %	25,93 %
Current Ratio	1,85	3,03	2,67	2,1
Quick Ratio	1,85	3,03	2,67	2,1
Equity Ratio	0,67	0,77	0,72	0,6
Gross Profit Margin	94,43 %	98,49 %	93 %	90,18 %