BORGEN ENTREPRENØR AS

3058 SOLBERGMOEN

Finances

Share Ownership

Return on Equity

138,8 %

Current Ratio

1,09

Debt-to-Equity Ratio

4,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 686 000	29 750 000	28 655 000	20 332 000
Net Income	3 209 000	2 173 000	1 057 000	881 000
Total Assets	20 357 000	14 684 000	13 761 000	10 971 000
Total Equity	2 312 000	2 103 000	1 930 000	1 873 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 686 000	29 750 000	28 655 000	20 332 000
Expenditure	37 276 000	26 779 000	27 116 000	19 137 000
Operating Profit	4 408 000	2 971 000	1 540 000	1 195 000
Financial Income	5 000	0	0	0
Financial Costs	300 000	185 000	185 000	66 000
Financial Balance	−295 000	−185 000	−185 000	−66 000
Earnings Before Tax	4 113 000	2 786 000	1 355 000	1 129 000
Tax	905 000	613 000	298 000	248 000
Net Income	3 209 000	2 173 000	1 057 000	881 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 583 000	8 638 000	8 613 000	6 009 000
Total Current Assets	8 774 000	6 046 000	5 148 000	4 962 000
Total Assets	20 357 000	14 684 000	13 761 000	10 971 000
Total Retained Equity	1 320 000	1 111 000	938 000	881 000
Total Equity	2 312 000	2 103 000	1 930 000	1 873 000
Total Long-Term Debt	9 981 000	6 932 000	7 131 000	4 763 000
Total Current Debt	8 065 000	5 649 000	4 700 000	4 334 000
Total Equity and Debt	20 357 000	14 684 000	13 761 000	10 971 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 428 000	29 736 000	28 655 000	20 332 000
Other Income	258 000	14 000	0	0
Revenue	41 686 000	29 750 000	28 655 000	20 332 000
Cost of Goods Sold	18 260 000	12 221 000	13 952 000	8 886 000
Salary Costs	10 825 000	8 059 000	7 084 000	6 083 000
Depreciation	2 345 000	1 817 000	1 341 000	544 000
Impairment	0	0	0	0
Expenditure	37 276 000	26 779 000	27 116 000	19 137 000
Operating Profit	4 408 000	2 971 000	1 540 000	1 195 000
Financial Income	5 000	0	0	0
Financial Costs	300 000	185 000	185 000	66 000
Financial Balance	−295 000	−185 000	−185 000	−66 000
Dividends	3 000 000	2 000 000	1 000 000	0
Net Income	3 209 000	2 173 000	1 057 000	881 000

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	11 583 000	8 638 000	8 613 000	6 009 000
Total Tangible Assets	11 583 000	8 638 000	8 613 000	6 009 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 583 000	8 638 000	8 613 000	6 009 000
Stock	192 000	185 000	168 000	114 000
Total Investments	0	0	0	0
Cash, Bank	5 470 000	3 121 000	3 400 000	2 067 000
Total Current Assets	8 774 000	6 046 000	5 148 000	4 962 000
Total Assets	20 357 000	14 684 000	13 761 000	10 971 000
Total Equity	2 312 000	2 103 000	1 930 000	1 873 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 981 000	6 932 000	7 131 000	4 763 000
Creditors	2 635 000	1 599 000	1 852 000	2 893 000
Unpaid Taxes	1 259 000	1 426 000	1 133 000	847 000
Dividends	3 000 000	2 000 000	1 000 000	0
Other Current Debt	676 000	624 000	473 000	562 000
Total Current Debt	8 065 000	5 649 000	4 700 000	4 334 000
Total Equity and Debt	20 357 000	14 684 000	13 761 000	10 971 000

Financial indicators	2022	2021	2020	2019
Return on Equity	138,8 %	103,33 %	54,77 %	47,04 %
Debt-to-Equity Ratio	4,32	3,3	3,69	2,54
Operating Profit Margin	10,57 %	9,99 %	5,37 %	5,88 %
Current Ratio	1,09	1,07	1,1	1,14
Quick Ratio	1,11	1,11	1,14	1,18
Equity Ratio	0,11	0,14	0,14	0,17
Gross Profit Margin	56,2 %	58,92 %	51,31 %	56,3 %