BOREAL INDUSTRI AS

9180 SKJERVØY

Finances

Share Ownership

Return on Equity

62,66 %

Current Ratio

0,57

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	1 773 000	1 387 000	593 000
Net Income	537 000	413 000	137 000
Total Assets	2 984 000	774 000	253 000
Total Equity	857 000	320 000	158 000

Income (NOK)	2022	2021	2020
Revenue	1 773 000	1 387 000	593 000
Expenditure	1 084 000	857 000	420 000
Operating Profit	688 000	531 000	173 000
Financial Income	1 000	0	0
Financial Costs	1 000	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	689 000	529 000	173 000
Tax	152 000	117 000	36 000
Net Income	537 000	413 000	137 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 773 000	84 000	0
Total Current Assets	1 211 000	690 000	253 000
Total Assets	2 984 000	774 000	253 000
Total Retained Equity	827 000	290 000	128 000
Total Equity	857 000	320 000	158 000
Total Long-Term Debt	8 000	1 000	0
Total Current Debt	2 119 000	452 000	95 000
Total Equity and Debt	2 984 000	774 000	253 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 773 000	1 387 000	593 000
Other Income	0	0	0
Revenue	1 773 000	1 387 000	593 000
Cost of Goods Sold	7 000	0	208 000
Salary Costs	554 000	574 000	136 000
Depreciation	59 000	18 000	0
Impairment	0	0	0
Expenditure	1 084 000	857 000	420 000
Operating Profit	688 000	531 000	173 000
Financial Income	1 000	0	0
Financial Costs	1 000	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	250 000	0
Net Income	537 000	413 000	137 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 325 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	123 000	84 000	0
Total Tangible Assets	1 448 000	84 000	0
Total Fiancial Fixed Assets	325 000	0	0
Total Fixed Assets	1 773 000	84 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	421 000	425 000	169 000
Total Current Assets	1 211 000	690 000	253 000
Total Assets	2 984 000	774 000	253 000
Total Equity	857 000	320 000	158 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	8 000	1 000	0
Creditors	1 375 000	0	0
Unpaid Taxes	137 000	23 000	18 000
Dividends	0	250 000	0
Other Current Debt	461 000	63 000	41 000
Total Current Debt	2 119 000	452 000	95 000
Total Equity and Debt	2 984 000	774 000	253 000

Financial indicators	2022	2021	2020
Return on Equity	62,66 %	129,06 %	86,71 %
Debt-to-Equity Ratio	0,01	0	0
Operating Profit Margin	38,8 %	38,28 %	29,17 %
Current Ratio	0,57	1,53	2,66
Quick Ratio	0,57	1,53	2,66
Equity Ratio	0,29	0,41	0,62
Gross Profit Margin	99,61 %	100 %	64,92 %