BORCON AS

1390 VOLLEN

Finances

Share Ownership

Return on Equity

−8,6 %

Current Ratio

15,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	92 000	1 399 000	1 811 000	2 269 000
Net Income	−35 000	32 000	292 000	557 000
Total Assets	432 000	686 000	1 286 000	1 412 000
Total Equity	407 000	442 000	410 000	418 000

Income (NOK)	2022	2021	2020	2019
Revenue	92 000	1 399 000	1 811 000	2 269 000
Expenditure	129 000	1 358 000	1 438 000	1 556 000
Operating Profit	−37 000	42 000	373 000	713 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	0	1 000	0	0
Financial Balance	2 000	−1 000	1 000	2 000
Earnings Before Tax	−35 000	41 000	375 000	714 000
Tax	0	9 000	82 000	157 000
Net Income	−35 000	32 000	292 000	557 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	51 000	70 000	90 000
Total Current Assets	380 000	636 000	1 216 000	1 323 000
Total Assets	432 000	686 000	1 286 000	1 412 000
Total Retained Equity	377 000	412 000	380 000	388 000
Total Equity	407 000	442 000	410 000	418 000
Total Long-Term Debt	0	0	2 000	3 000
Total Current Debt	25 000	244 000	874 000	992 000
Total Equity and Debt	432 000	686 000	1 286 000	1 412 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 000	1 399 000	1 811 000	2 269 000
Other Income	0	0	0	0
Revenue	92 000	1 399 000	1 811 000	2 269 000
Cost of Goods Sold	0	0	0	4 000
Salary Costs	28 000	1 270 000	1 346 000	1 444 000
Depreciation	29 000	20 000	20 000	8 000
Impairment	0	0	0	0
Expenditure	129 000	1 358 000	1 438 000	1 556 000
Operating Profit	−37 000	42 000	373 000	713 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	0	1 000	0	0
Financial Balance	2 000	−1 000	1 000	2 000
Dividends	0	0	300 000	400 000
Net Income	−35 000	32 000	292 000	557 000

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	32 000	51 000	70 000	90 000
Fixtures	19 000	0	0	0
Total Tangible Assets	51 000	51 000	70 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	51 000	51 000	70 000	90 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	265 000	532 000	1 095 000	1 087 000
Total Current Assets	380 000	636 000	1 216 000	1 323 000
Total Assets	432 000	686 000	1 286 000	1 412 000
Total Equity	407 000	442 000	410 000	418 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	3 000
Creditors	0	0	0	0
Unpaid Taxes	22 000	91 000	123 000	277 000
Dividends	0	0	300 000	400 000
Other Current Debt	3 000	142 000	368 000	160 000
Total Current Debt	25 000	244 000	874 000	992 000
Total Equity and Debt	432 000	686 000	1 286 000	1 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,6 %	7,24 %	71,22 %	133,25 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−40,22 %	3 %	20,6 %	31,42 %
Current Ratio	15,2	2,61	1,39	1,33
Quick Ratio	15,2	2,61	1,39	1,33
Equity Ratio	0,94	0,64	0,32	0,3
Gross Profit Margin	100 %	100 %	100 %	99,82 %