BORGUND 1 FREMMERHOLÅSEN BORETTSLAG

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

25,83 %

Current Ratio

6,86

Debt-to-Equity Ratio

−68,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	624 000	621 000	670 000	677 000
Net Income	−78 000	−38 000	−47 000	−274 000
Total Assets	20 349 000	20 861 000	21 623 000	22 125 000
Total Equity	−302 000	−224 000	−26 000	20 000

Income (NOK)	2022	2021	2020	2019
Revenue	624 000	621 000	670 000	677 000
Expenditure	572 000	567 000	593 000	799 000
Operating Profit	53 000	55 000	77 000	−122 000
Financial Income	1 000	0	4 000	5 000
Financial Costs	131 000	93 000	128 000	157 000
Financial Balance	−130 000	−93 000	−124 000	−152 000
Earnings Before Tax	−78 000	−38 000	−47 000	−274 000
Tax	0	0	0	0
Net Income	−78 000	−38 000	−47 000	−274 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 712 000	20 170 000	20 797 000	21 239 000
Total Current Assets	638 000	690 000	825 000	886 000
Total Assets	20 349 000	20 861 000	21 623 000	22 125 000
Total Retained Equity	−462 000	−384 000	−346 000	−300 000
Total Equity	−302 000	−224 000	−26 000	20 000
Total Long-Term Debt	20 559 000	21 050 000	21 600 000	22 000 000
Total Current Debt	93 000	35 000	49 000	105 000
Total Equity and Debt	20 349 000	20 861 000	21 623 000	22 125 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	624 000	621 000	670 000	677 000
Revenue	624 000	621 000	670 000	677 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	29 000	28 000	0
Depreciation	7 000	7 000	1 000	0
Impairment	0	0	0	0
Expenditure	572 000	567 000	593 000	799 000
Operating Profit	53 000	55 000	77 000	−122 000
Financial Income	1 000	0	4 000	5 000
Financial Costs	131 000	93 000	128 000	157 000
Financial Balance	−130 000	−93 000	−124 000	−152 000
Dividends	0	0	0	0
Net Income	−78 000	−38 000	−47 000	−274 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 697 000	20 158 000	20 778 000	21 239 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	12 000	19 000	0
Total Tangible Assets	19 703 000	20 170 000	20 797 000	21 239 000
Total Fiancial Fixed Assets	9 000	0	0	0
Total Fixed Assets	19 712 000	20 170 000	20 797 000	21 239 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	73 000	122 000	239 000	47 000
Total Current Assets	638 000	690 000	825 000	886 000
Total Assets	20 349 000	20 861 000	21 623 000	22 125 000
Total Equity	−302 000	−224 000	−26 000	20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 559 000	21 050 000	21 600 000	22 000 000
Creditors	92 000	8 000	24 000	104 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	26 000	24 000	0
Total Current Debt	93 000	35 000	49 000	105 000
Total Equity and Debt	20 349 000	20 861 000	21 623 000	22 125 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,83 %	16,96 %	180,77 %	−1 370 %
Debt-to-Equity Ratio	−68,08	−93,97	−830,77	1 100
Operating Profit Margin	8,49 %	8,86 %	11,49 %	−18,02 %
Current Ratio	6,86	19,71	16,84	8,44
Quick Ratio	6,86	19,71	16,84	8,44
Equity Ratio	−0,01	−0,01	−0	0
Gross Profit Margin	100 %	100 %	100 %	100 %