BORGEN UTVIKLING AS

0170 OSLO

Finances

Share Ownership

Return on Equity

−47,57 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	634 000	1 570 000	847 000	828 000
Net Income	−421 000	142 000	205 000	278 000
Total Assets	2 255 000	2 159 000	1 859 000	474 000
Total Equity	885 000	317 000	261 000	56 000

Income (NOK)	2022	2021	2020	2019
Revenue	634 000	1 570 000	847 000	828 000
Expenditure	1 174 000	1 388 000	584 000	471 000
Operating Profit	−540 000	183 000	263 000	357 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−540 000	183 000	263 000	357 000
Tax	−119 000	40 000	58 000	78 000
Net Income	−421 000	142 000	205 000	278 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	886 000	998 000	1 090 000	0
Total Current Assets	1 369 000	1 161 000	769 000	474 000
Total Assets	2 255 000	2 159 000	1 859 000	474 000
Total Retained Equity	0	292 000	237 000	31 000
Total Equity	885 000	317 000	261 000	56 000
Total Long-Term Debt	83 000	1 438 000	1 422 000	0
Total Current Debt	1 286 000	405 000	176 000	418 000
Total Equity and Debt	2 255 000	2 159 000	1 859 000	474 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	614 000	1 567 000	833 000	738 000
Other Income	21 000	4 000	14 000	90 000
Revenue	634 000	1 570 000	847 000	828 000
Cost of Goods Sold	3 000	5 000	8 000	15 000
Salary Costs	710 000	921 000	272 000	266 000
Depreciation	112 000	112 000	10 000	0
Impairment	0	0	0	0
Expenditure	1 174 000	1 388 000	584 000	471 000
Operating Profit	−540 000	183 000	263 000	357 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−421 000	142 000	205 000	278 000

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	886 000	998 000	1 090 000	0
Total Tangible Assets	886 000	998 000	1 090 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	886 000	998 000	1 090 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	245 000	922 000	733 000	428 000
Total Current Assets	1 369 000	1 161 000	769 000	474 000
Total Assets	2 255 000	2 159 000	1 859 000	474 000
Total Equity	885 000	317 000	261 000	56 000
Short-Term Group Debt	1 111 000	111 000	0	357 000
Total Long-Term Debt	83 000	1 438 000	1 422 000	0
Creditors	21 000	50 000	34 000	8 000
Unpaid Taxes	81 000	144 000	114 000	22 000
Dividends	0	0	0	0
Other Current Debt	72 000	99 000	27 000	30 000
Total Current Debt	1 286 000	405 000	176 000	418 000
Total Equity and Debt	2 255 000	2 159 000	1 859 000	474 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−47,57 %	44,79 %	78,54 %	496,43 %
Debt-to-Equity Ratio	0,09	4,54	5,45	0
Operating Profit Margin	−85,17 %	11,66 %	31,05 %	43,12 %
Current Ratio	1,06	2,87	4,37	1,13
Quick Ratio	1,06	2,87	4,37	1,13
Equity Ratio	0,39	0,15	0,14	0,12
Gross Profit Margin	99,53 %	99,68 %	99,06 %	98,19 %