BØRRESEN COOLTECH AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

85,92 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 421 000	123 361 000	114 177 000	117 378 000
Net Income	15 321 000	10 759 000	8 935 000	10 264 000
Total Assets	60 111 000	60 438 000	52 563 000	46 892 000
Total Equity	17 832 000	28 811 000	18 052 000	18 117 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 421 000	123 361 000	114 177 000	117 378 000
Expenditure	124 724 000	109 534 000	102 671 000	104 318 000
Operating Profit	19 697 000	13 827 000	11 506 000	13 061 000
Financial Income	0	17 000	12 000	154 000
Financial Costs	28 000	37 000	51 000	32 000
Financial Balance	−28 000	−20 000	−39 000	122 000
Earnings Before Tax	19 669 000	13 806 000	11 467 000	13 184 000
Tax	4 347 000	3 047 000	2 533 000	2 919 000
Net Income	15 321 000	10 759 000	8 935 000	10 264 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 488 000	1 859 000	4 204 000	4 355 000
Total Current Assets	58 623 000	58 580 000	48 359 000	42 537 000
Total Assets	60 111 000	60 438 000	52 563 000	46 892 000
Total Retained Equity	1 486 000	12 465 000	1 705 000	1 770 000
Total Equity	17 832 000	28 811 000	18 052 000	18 117 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	42 279 000	31 627 000	34 512 000	28 775 000
Total Equity and Debt	60 111 000	60 438 000	52 563 000	46 892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 421 000	123 349 000	107 647 000	111 482 000
Other Income	0	13 000	6 530 000	5 896 000
Revenue	144 421 000	123 361 000	114 177 000	117 378 000
Cost of Goods Sold	90 061 000	76 491 000	66 756 000	65 701 000
Salary Costs	12 087 000	11 589 000	22 312 000	23 889 000
Depreciation	578 000	703 000	895 000	868 000
Impairment	0	0	0	0
Expenditure	124 724 000	109 534 000	102 671 000	104 318 000
Operating Profit	19 697 000	13 827 000	11 506 000	13 061 000
Financial Income	0	17 000	12 000	154 000
Financial Costs	28 000	37 000	51 000	32 000
Financial Balance	−28 000	−20 000	−39 000	122 000
Dividends	15 300 000	0	9 000 000	11 300 000
Net Income	15 321 000	10 759 000	8 935 000	10 264 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	243 000	158 000	85 000	65 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 246 000	1 701 000	4 118 000	4 290 000
Total Tangible Assets	1 246 000	1 701 000	4 118 000	4 290 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 488 000	1 859 000	4 204 000	4 355 000
Stock	9 637 000	6 103 000	1 108 000	414 000
Total Investments	0	0	0	0
Cash, Bank	420 000	27 252 000	20 147 000	18 892 000
Total Current Assets	58 623 000	58 580 000	48 359 000	42 537 000
Total Assets	60 111 000	60 438 000	52 563 000	46 892 000
Total Equity	17 832 000	28 811 000	18 052 000	18 117 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 880 000	24 606 000	13 718 000	6 714 000
Unpaid Taxes	638 000	1 447 000	5 588 000	4 065 000
Dividends	15 300 000	0	9 000 000	11 300 000
Other Current Debt	18 328 000	2 456 000	12 653 000	15 097 000
Total Current Debt	42 279 000	31 627 000	34 512 000	28 775 000
Total Equity and Debt	60 111 000	60 438 000	52 563 000	46 892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,92 %	37,34 %	49,5 %	56,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,64 %	11,21 %	10,08 %	11,13 %
Current Ratio	1,39	1,85	1,4	1,48
Quick Ratio	1,8	2,3	1,45	1,5
Equity Ratio	0,3	0,48	0,34	0,39
Gross Profit Margin	37,64 %	37,99 %	41,53 %	44,03 %