BØRRES AS

8408 SORTLAND

Finances

Share Ownership

Return on Equity

−20,67 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 744 000	1 327 000	1 447 000	1 225 000
Net Income	−31 000	67 000	14 000	75 000
Total Assets	609 000	765 000	389 000	163 000
Total Equity	150 000	181 000	114 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 744 000	1 327 000	1 447 000	1 225 000
Expenditure	1 779 000	1 238 000	1 428 000	1 131 000
Operating Profit	−35 000	88 000	20 000	95 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	2 000	2 000	0
Financial Balance	0	−2 000	−2 000	0
Earnings Before Tax	−35 000	86 000	18 000	95 000
Tax	−4 000	19 000	4 000	20 000
Net Income	−31 000	67 000	14 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	71 000	89 000	0
Total Current Assets	528 000	694 000	301 000	163 000
Total Assets	609 000	765 000	389 000	163 000
Total Retained Equity	120 000	151 000	84 000	70 000
Total Equity	150 000	181 000	114 000	100 000
Total Long-Term Debt	11 000	42 000	65 000	0
Total Current Debt	448 000	541 000	210 000	63 000
Total Equity and Debt	609 000	765 000	389 000	163 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 744 000	1 327 000	1 447 000	1 225 000
Other Income	0	0	0	0
Revenue	1 744 000	1 327 000	1 447 000	1 225 000
Cost of Goods Sold	1 168 000	898 000	1 074 000	867 000
Salary Costs	113 000	68 000	44 000	60 000
Depreciation	29 000	18 000	2 000	0
Impairment	0	0	0	0
Expenditure	1 779 000	1 238 000	1 428 000	1 131 000
Operating Profit	−35 000	88 000	20 000	95 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	2 000	2 000	0
Financial Balance	0	−2 000	−2 000	0
Dividends	0	0	0	0
Net Income	−31 000	67 000	14 000	75 000

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	81 000	71 000	89 000	0
Total Tangible Assets	81 000	71 000	89 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	81 000	71 000	89 000	0
Stock	205 000	118 000	38 000	50 000
Total Investments	0	0	0	0
Cash, Bank	156 000	486 000	141 000	35 000
Total Current Assets	528 000	694 000	301 000	163 000
Total Assets	609 000	765 000	389 000	163 000
Total Equity	150 000	181 000	114 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	42 000	65 000	0
Creditors	242 000	494 000	166 000	5 000
Unpaid Taxes	81 000	16 000	31 000	32 000
Dividends	0	0	0	0
Other Current Debt	125 000	11 000	13 000	6 000
Total Current Debt	448 000	541 000	210 000	63 000
Total Equity and Debt	609 000	765 000	389 000	163 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,67 %	37,02 %	12,28 %	75 %
Debt-to-Equity Ratio	0,07	0,23	0,57	0
Operating Profit Margin	−2,01 %	6,63 %	1,38 %	7,76 %
Current Ratio	1,18	1,28	1,43	2,59
Quick Ratio	2,17	1,64	1,75	12,54
Equity Ratio	0,25	0,24	0,29	0,61
Gross Profit Margin	33,03 %	32,33 %	25,78 %	29,22 %