BORGESTAD ASA

3712 SKIEN

Finances

Return on Equity

−24,83 %

Current Ratio

1,32

Debt-to-Equity Ratio

1,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	931 726 000	946 895 000	862 388 000	918 548 000
Net Income	−126 109 000	−23 598 000	−175 006 000	−61 650 000
Total Assets	1 466 558 000	1 431 626 000	1 534 153 000	1 636 140 000
Total Equity	507 873 000	339 297 000	383 759 000	513 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	931 726 000	946 895 000	862 388 000	918 548 000
Expenditure	1 002 574 000	903 576 000	978 827 000	889 884 000
Operating Profit	−70 848 000	43 319 000	−116 439 000	28 664 000
Financial Income	796 000	0	6 519 000	−6 602 000
Financial Costs	54 268 000	83 294 000	52 318 000	62 988 000
Financial Balance	−53 472 000	−83 294 000	−45 799 000	−69 590 000
Earnings Before Tax	−124 320 000	−39 975 000	−162 238 000	−40 926 000
Tax	1 789 000	−16 377 000	12 768 000	20 724 000
Net Income	−126 109 000	−23 598 000	−175 006 000	−61 650 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 011 126 000	1 074 569 000	1 165 199 000	1 215 115 000
Total Current Assets	455 432 000	357 057 000	368 954 000	421 025 000
Total Assets	1 466 558 000	1 431 626 000	1 534 153 000	1 636 140 000
Total Retained Equity	−34 585 000	45 260 000	83 566 000	209 374 000
Total Equity	507 873 000	339 297 000	383 759 000	513 791 000
Total Long-Term Debt	613 967 000	539 592 000	765 731 000	851 394 000
Total Current Debt	344 718 000	552 739 000	384 663 000	270 955 000
Total Equity and Debt	1 466 558 000	1 431 628 000	1 534 153 000	1 636 140 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	918 773 000	883 256 000	838 935 000	889 023 000
Other Income	12 953 000	63 639 000	23 453 000	29 525 000
Revenue	931 726 000	946 895 000	862 388 000	918 548 000
Cost of Goods Sold	260 555 000	297 115 000	309 758 000	278 346 000
Salary Costs	292 525 000	316 801 000	291 986 000	304 459 000
Depreciation	123 142 000	33 307 000	39 887 000	37 952 000
Impairment	0	0	106 029 000	0
Expenditure	1 002 574 000	903 576 000	978 827 000	889 884 000
Operating Profit	−70 848 000	43 319 000	−116 439 000	28 664 000
Financial Income	796 000	0	6 519 000	−6 602 000
Financial Costs	54 268 000	83 294 000	52 318 000	62 988 000
Financial Balance	−53 472 000	−83 294 000	−45 799 000	−69 590 000
Dividends	0	0	0	0
Net Income	−126 109 000	−23 598 000	−175 006 000	−61 650 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	87 165 000	87 923 000	90 751 000	86 733 000
Total Intangible Assets	105 960 000	119 621 000	100 610 000	98 028 000
Real Eastate	797 942 000	855 878 000	922 504 000	977 220 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	67 800 000	68 322 000	83 616 000	84 020 000
Total Tangible Assets	865 742 000	924 200 000	1 006 120 000	1 061 240 000
Total Fiancial Fixed Assets	39 424 000	30 748 000	58 469 000	55 847 000
Total Fixed Assets	1 011 126 000	1 074 569 000	1 165 199 000	1 215 115 000
Stock	147 280 000	138 318 000	157 585 000	137 978 000
Total Investments	0	0	0	0
Cash, Bank	91 059 000	48 337 000	61 931 000	103 629 000
Total Current Assets	455 432 000	357 057 000	368 954 000	421 025 000
Total Assets	1 466 558 000	1 431 626 000	1 534 153 000	1 636 140 000
Total Equity	507 873 000	339 297 000	383 759 000	513 791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	613 967 000	539 592 000	765 731 000	851 394 000
Creditors	83 631 000	0	67 652 000	69 892 000
Unpaid Taxes	23 852 000	29 004 000	32 228 000	25 727 000
Dividends	0	0	0	0
Other Current Debt	137 615 000	417 343 000	155 848 000	133 358 000
Total Current Debt	344 718 000	552 739 000	384 663 000	270 955 000
Total Equity and Debt	1 466 558 000	1 431 628 000	1 534 153 000	1 636 140 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,83 %	−6,95 %	−45,6 %	−12 %
Debt-to-Equity Ratio	1,21	1,59	2	1,66
Operating Profit Margin	−7,6 %	4,57 %	−13,5 %	3,12 %
Current Ratio	1,32	0,65	0,96	1,55
Quick Ratio	2,31	0,86	1,62	3,17
Equity Ratio	0,35	0,24	0,25	0,31
Gross Profit Margin	72,04 %	68,62 %	64,08 %	69,7 %