BORGESKOGEN SØR AS

3711 SKIEN

Finances

Share Ownership

Return on Equity

94,88 %

Current Ratio

0,21

Debt-to-Equity Ratio

−25,92

Key figures (NOK)	2022	2021	2020
Revenue	304 000	100 000	0
Net Income	−519 000	−16 000	−36 000
Total Assets	16 987 000	2 660 000	2 674 000
Total Equity	−547 000	−27 000	−12 000

Income (NOK)	2022	2021	2020
Revenue	304 000	100 000	0
Expenditure	175 000	43 000	6 000
Operating Profit	129 000	57 000	−6 000
Financial Income	3 000	0	0
Financial Costs	652 000	73 000	31 000
Financial Balance	−649 000	−73 000	−31 000
Earnings Before Tax	−519 000	−16 000	−36 000
Tax	0	0	0
Net Income	−519 000	−16 000	−36 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	16 270 000	2 616 000	2 616 000
Total Current Assets	718 000	44 000	59 000
Total Assets	16 987 000	2 660 000	2 674 000
Total Retained Equity	−571 000	−52 000	−36 000
Total Equity	−547 000	−27 000	−12 000
Total Long-Term Debt	14 180 000	2 040 000	2 040 000
Total Current Debt	3 354 000	647 000	646 000
Total Equity and Debt	16 987 000	2 660 000	2 674 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	304 000	100 000	0
Revenue	304 000	100 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	175 000	43 000	6 000
Operating Profit	129 000	57 000	−6 000
Financial Income	3 000	0	0
Financial Costs	652 000	73 000	31 000
Financial Balance	−649 000	−73 000	−31 000
Dividends	0	0	0
Net Income	−519 000	−16 000	−36 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	16 270 000	2 616 000	2 616 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	16 270 000	2 616 000	2 616 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	16 270 000	2 616 000	2 616 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	703 000	44 000	59 000
Total Current Assets	718 000	44 000	59 000
Total Assets	16 987 000	2 660 000	2 674 000
Total Equity	−547 000	−27 000	−12 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	14 180 000	2 040 000	2 040 000
Creditors	692 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	2 662 000	647 000	646 000
Total Current Debt	3 354 000	647 000	646 000
Total Equity and Debt	16 987 000	2 660 000	2 674 000

Financial indicators	2022	2021	2020
Return on Equity	94,88 %	59,26 %	300 %
Debt-to-Equity Ratio	−25,92	−75,56	−170
Operating Profit Margin	42,43 %	57 %	-
Current Ratio	0,21	0,07	0,09
Quick Ratio	0,21	0,07	0,09
Equity Ratio	−0,03	−0,01	−0
Gross Profit Margin	100 %	100 %	-