IVAR A. BORGEN AS

4865 ÅMLI

Finances

Share Ownership

Return on Equity

4,01 %

Current Ratio

1,24

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 245 000	2 839 000	2 086 000	2 440 000
Net Income	24 000	−91 000	49 000	149 000
Total Assets	3 933 000	3 836 000	4 615 000	3 477 000
Total Equity	598 000	574 000	665 000	616 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 245 000	2 839 000	2 086 000	2 440 000
Expenditure	2 126 000	2 883 000	1 944 000	2 177 000
Operating Profit	119 000	−44 000	142 000	264 000
Financial Income	0	0	0	0
Financial Costs	88 000	73 000	79 000	73 000
Financial Balance	−88 000	−73 000	−79 000	−73 000
Earnings Before Tax	31 000	−117 000	63 000	191 000
Tax	7 000	−26 000	14 000	42 000
Net Income	24 000	−91 000	49 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 492 000	1 664 000	1 954 000	2 021 000
Total Current Assets	2 440 000	2 172 000	2 661 000	1 456 000
Total Assets	3 933 000	3 836 000	4 615 000	3 477 000
Total Retained Equity	577 000	553 000	645 000	595 000
Total Equity	598 000	574 000	665 000	616 000
Total Long-Term Debt	1 360 000	1 584 000	1 872 000	1 536 000
Total Current Debt	1 975 000	1 678 000	2 079 000	1 325 000
Total Equity and Debt	3 933 000	3 836 000	4 615 000	3 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 245 000	2 839 000	2 053 000	2 438 000
Other Income	0	0	33 000	2 000
Revenue	2 245 000	2 839 000	2 086 000	2 440 000
Cost of Goods Sold	171 000	791 000	136 000	388 000
Salary Costs	460 000	460 000	448 000	448 000
Depreciation	172 000	622 000	516 000	436 000
Impairment	0	0	0	0
Expenditure	2 126 000	2 883 000	1 944 000	2 177 000
Operating Profit	119 000	−44 000	142 000	264 000
Financial Income	0	0	0	0
Financial Costs	88 000	73 000	79 000	73 000
Financial Balance	−88 000	−73 000	−79 000	−73 000
Dividends	0	0	0	0
Net Income	24 000	−91 000	49 000	149 000

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	1 190 000	1 333 000	1 615 000	0
Fixtures	303 000	332 000	339 000	2 021 000
Total Tangible Assets	1 492 000	1 664 000	1 954 000	2 021 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 492 000	1 664 000	1 954 000	2 021 000
Stock	1 144 000	826 000	1 309 000	778 000
Total Investments	0	0	0	0
Cash, Bank	527 000	330 000	341 000	305 000
Total Current Assets	2 440 000	2 172 000	2 661 000	1 456 000
Total Assets	3 933 000	3 836 000	4 615 000	3 477 000
Total Equity	598 000	574 000	665 000	616 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 360 000	1 584 000	1 872 000	1 536 000
Creditors	1 126 000	1 110 000	1 326 000	1 046 000
Unpaid Taxes	276 000	285 000	261 000	162 000
Dividends	0	0	0	0
Other Current Debt	574 000	260 000	478 000	76 000
Total Current Debt	1 975 000	1 678 000	2 079 000	1 325 000
Total Equity and Debt	3 933 000	3 836 000	4 615 000	3 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,01 %	−15,85 %	7,37 %	24,19 %
Debt-to-Equity Ratio	2,27	2,76	2,82	2,49
Operating Profit Margin	5,3 %	−1,55 %	6,81 %	10,82 %
Current Ratio	1,24	1,29	1,28	1,1
Quick Ratio	2,94	2,55	3,46	2,66
Equity Ratio	0,15	0,15	0,14	0,18
Gross Profit Margin	92,38 %	72,14 %	93,48 %	84,1 %