ING. BORGEN AS

0192 OSLO

Finances

Share Ownership

Return on Equity

56,79 %

Current Ratio

0,66

Debt-to-Equity Ratio

−1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	597 000	555 000	735 000	715 000
Net Income	−46 000	−16 000	−71 000	6 000
Total Assets	263 000	342 000	427 000	605 000
Total Equity	−81 000	−34 000	−19 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	597 000	555 000	735 000	715 000
Expenditure	634 000	564 000	793 000	707 000
Operating Profit	−37 000	−10 000	−58 000	9 000
Financial Income	1 000	0	0	0
Financial Costs	10 000	11 000	14 000	1 000
Financial Balance	−9 000	−11 000	−14 000	−1 000
Earnings Before Tax	−46 000	−21 000	−73 000	8 000
Tax	0	−5 000	−2 000	2 000
Net Income	−46 000	−16 000	−71 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	138 000	214 000	289 000	364 000
Total Current Assets	124 000	129 000	138 000	240 000
Total Assets	263 000	342 000	427 000	605 000
Total Retained Equity	−105 000	−59 000	−43 000	28 000
Total Equity	−81 000	−34 000	−19 000	52 000
Total Long-Term Debt	157 000	232 000	306 000	378 000
Total Current Debt	187 000	145 000	140 000	174 000
Total Equity and Debt	263 000	342 000	427 000	605 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	597 000	555 000	735 000	715 000
Other Income	0	0	0	0
Revenue	597 000	555 000	735 000	715 000
Cost of Goods Sold	147 000	160 000	189 000	215 000
Salary Costs	262 000	168 000	375 000	370 000
Depreciation	75 000	75 000	75 000	13 000
Impairment	0	0	0	0
Expenditure	634 000	564 000	793 000	707 000
Operating Profit	−37 000	−10 000	−58 000	9 000
Financial Income	1 000	0	0	0
Financial Costs	10 000	11 000	14 000	1 000
Financial Balance	−9 000	−11 000	−14 000	−1 000
Dividends	0	0	0	0
Net Income	−46 000	−16 000	−71 000	6 000

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	138 000	214 000	289 000	364 000
Total Tangible Assets	138 000	214 000	289 000	364 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	138 000	214 000	289 000	364 000
Stock	16 000	13 000	13 000	14 000
Total Investments	0	0	0	0
Cash, Bank	103 000	95 000	54 000	195 000
Total Current Assets	124 000	129 000	138 000	240 000
Total Assets	263 000	342 000	427 000	605 000
Total Equity	−81 000	−34 000	−19 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	157 000	232 000	306 000	378 000
Creditors	32 000	54 000	42 000	88 000
Unpaid Taxes	55 000	40 000	52 000	47 000
Dividends	0	0	0	0
Other Current Debt	100 000	51 000	47 000	39 000
Total Current Debt	187 000	145 000	140 000	174 000
Total Equity and Debt	263 000	342 000	427 000	605 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,79 %	47,06 %	373,68 %	11,54 %
Debt-to-Equity Ratio	−1,94	−6,82	−16,11	7,27
Operating Profit Margin	−6,2 %	−1,8 %	−7,89 %	1,26 %
Current Ratio	0,66	0,89	0,99	1,38
Quick Ratio	0,73	0,98	1,09	1,5
Equity Ratio	−0,31	−0,1	−0,04	0,09
Gross Profit Margin	75,38 %	71,17 %	74,29 %	69,93 %