BORGEN-BYGG AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

96,8 %

Current Ratio

3,71

Debt-to-Equity Ratio

−2,42

Key figures (NOK)	2022	2021	2020
Revenue	10 218 000	0	0
Net Income	−2 750 000	−107 000	−14 000
Total Assets	5 208 000	6 116 000	16 000
Total Equity	−2 841 000	−91 000	16 000

Income (NOK)	2022	2021	2020
Revenue	10 218 000	0	0
Expenditure	13 194 000	12 000	14 000
Operating Profit	−2 976 000	−12 000	−14 000
Financial Income	0	0	0
Financial Costs	550 000	129 000	0
Financial Balance	−550 000	−129 000	0
Earnings Before Tax	−3 525 000	−141 000	−14 000
Tax	−776 000	−34 000	0
Net Income	−2 750 000	−107 000	−14 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	810 000	34 000	0
Total Current Assets	4 398 000	6 082 000	16 000
Total Assets	5 208 000	6 116 000	16 000
Total Retained Equity	−2 871 000	−121 000	−14 000
Total Equity	−2 841 000	−91 000	16 000
Total Long-Term Debt	6 865 000	0	0
Total Current Debt	1 184 000	6 206 000	0
Total Equity and Debt	5 208 000	6 116 000	16 000

Cash flow (NOK)	2022	2021	2020
Sales Income	10 218 000	0	0
Other Income	0	0	0
Revenue	10 218 000	0	0
Cost of Goods Sold	13 174 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	13 194 000	12 000	14 000
Operating Profit	−2 976 000	−12 000	−14 000
Financial Income	0	0	0
Financial Costs	550 000	129 000	0
Financial Balance	−550 000	−129 000	0
Dividends	0	0	0
Net Income	−2 750 000	−107 000	−14 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	810 000	34 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	810 000	34 000	0
Stock	4 391 000	6 025 000	0
Total Investments	0	0	0
Cash, Bank	6 000	49 000	16 000
Total Current Assets	4 398 000	6 082 000	16 000
Total Assets	5 208 000	6 116 000	16 000
Total Equity	−2 841 000	−91 000	16 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	6 865 000	0	0
Creditors	898 000	156 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	1 184 000	6 206 000	0
Total Equity and Debt	5 208 000	6 116 000	16 000

Financial indicators	2022	2021	2020
Return on Equity	96,8 %	117,58 %	−87,5 %
Debt-to-Equity Ratio	−2,42	−0	0
Operating Profit Margin	−29,13 %	-	-
Current Ratio	3,71	0,98	-
Quick Ratio	−1,37	33,6	-
Equity Ratio	−0,55	−0,01	1
Gross Profit Margin	−28,93 %	-	-