BORCH CAPITAL MANAGEMENT AS

9300 FINNSNES

Finances

Return on Equity

85,5 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	312 000	0	0	5 000
Net Income	224 000	−23 000	−346 000	−134 000
Total Assets	411 000	38 000	75 000	811 000
Total Equity	262 000	38 000	62 000	408 000

Income (NOK)	2022	2021	2020	2019
Revenue	312 000	0	0	5 000
Expenditure	67 000	12 000	40 000	46 000
Operating Profit	245 000	−12 000	−40 000	−40 000
Financial Income	26 000	0	9 000	68 000
Financial Costs	25 000	11 000	316 000	161 000
Financial Balance	1 000	−11 000	−307 000	−93 000
Earnings Before Tax	245 000	−23 000	−346 000	−134 000
Tax	21 000	0	0	0
Net Income	224 000	−23 000	−346 000	−134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	0	0	16 000
Total Current Assets	302 000	38 000	75 000	795 000
Total Assets	411 000	38 000	75 000	811 000
Total Retained Equity	−180 000	−404 000	−381 000	−34 000
Total Equity	262 000	38 000	62 000	408 000
Total Long-Term Debt	1 000	0	0	403 000
Total Current Debt	147 000	0	13 000	0
Total Equity and Debt	411 000	38 000	75 000	811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	312 000	0	0	0
Other Income	0	0	0	5 000
Revenue	312 000	0	0	5 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	67 000	12 000	40 000	46 000
Operating Profit	245 000	−12 000	−40 000	−40 000
Financial Income	26 000	0	9 000	68 000
Financial Costs	25 000	11 000	316 000	161 000
Financial Balance	1 000	−11 000	−307 000	−93 000
Dividends	0	0	0	0
Net Income	224 000	−23 000	−346 000	−134 000

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	59 000	0	0	0
Total Tangible Assets	59 000	0	0	0
Total Fiancial Fixed Assets	50 000	0	0	16 000
Total Fixed Assets	109 000	0	0	16 000
Stock	0	0	0	0
Total Investments	271 000	0	0	732 000
Cash, Bank	1 000	8 000	31 000	62 000
Total Current Assets	302 000	38 000	75 000	795 000
Total Assets	411 000	38 000	75 000	811 000
Total Equity	262 000	38 000	62 000	408 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	403 000
Creditors	0	0	13 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	147 000	0	13 000	0
Total Equity and Debt	411 000	38 000	75 000	811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,5 %	−60,53 %	−558,06 %	−32,84 %
Debt-to-Equity Ratio	0	0	0	0,99
Operating Profit Margin	78,53 %	-	-	−800 %
Current Ratio	2,05	-	5,77	-
Quick Ratio	2,05	-	5,77	-
Equity Ratio	0,64	1	0,83	0,5
Gross Profit Margin	100 %	-	-	100 %