AS BORGEÅSEN

3711 SKIEN

Finances

Return on Equity

−10,33 %

Current Ratio

7,34

Debt-to-Equity Ratio

1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 000	200 000	48 000	0
Net Income	−376 000	−236 000	−249 000	−448 000
Total Assets	11 700 000	10 976 000	10 521 000	5 674 000
Total Equity	3 641 000	241 000	476 000	725 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 000	200 000	48 000	0
Expenditure	216 000	645 000	165 000	296 000
Operating Profit	−183 000	−445 000	−118 000	−296 000
Financial Income	0	0	0	0
Financial Costs	298 000	282 000	131 000	152 000
Financial Balance	−298 000	−282 000	−131 000	−152 000
Earnings Before Tax	−482 000	−727 000	−249 000	−448 000
Tax	−106 000	−491 000	0	0
Net Income	−376 000	−236 000	−249 000	−448 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 815 000	1 825 000	1 459 000	1 584 000
Total Current Assets	9 884 000	9 151 000	9 062 000	4 090 000
Total Assets	11 700 000	10 976 000	10 521 000	5 674 000
Total Retained Equity	−607 000	−232 000	4 000	253 000
Total Equity	3 641 000	241 000	476 000	725 000
Total Long-Term Debt	6 712 000	6 793 000	6 266 000	3 461 000
Total Current Debt	1 346 000	3 943 000	3 778 000	1 488 000
Total Equity and Debt	11 700 000	10 976 000	10 521 000	5 674 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	33 000	200 000	48 000	0
Revenue	33 000	200 000	48 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	125 000	125 000	125 000	125 000
Impairment	0	0	0	0
Expenditure	216 000	645 000	165 000	296 000
Operating Profit	−183 000	−445 000	−118 000	−296 000
Financial Income	0	0	0	0
Financial Costs	298 000	282 000	131 000	152 000
Financial Balance	−298 000	−282 000	−131 000	−152 000
Dividends	0	0	0	0
Net Income	−376 000	−236 000	−249 000	−448 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	597 000	491 000	0	0
Real Eastate	943 000	1 001 000	1 060 000	1 118 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	190 000	257 000	324 000	391 000
Total Tangible Assets	1 133 000	1 258 000	1 384 000	1 509 000
Total Fiancial Fixed Assets	85 000	75 000	75 000	75 000
Total Fixed Assets	1 815 000	1 825 000	1 459 000	1 584 000
Stock	6 256 000	6 256 000	6 256 000	2 258 000
Total Investments	0	0	0	0
Cash, Bank	103 000	101 000	151 000	118 000
Total Current Assets	9 884 000	9 151 000	9 062 000	4 090 000
Total Assets	11 700 000	10 976 000	10 521 000	5 674 000
Total Equity	3 641 000	241 000	476 000	725 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 712 000	6 793 000	6 266 000	3 461 000
Creditors	346 000	324 000	0	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000 000	3 618 000	3 778 000	1 484 000
Total Current Debt	1 346 000	3 943 000	3 778 000	1 488 000
Total Equity and Debt	11 700 000	10 976 000	10 521 000	5 674 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,33 %	−97,93 %	−52,31 %	−61,79 %
Debt-to-Equity Ratio	1,84	28,19	13,16	4,77
Operating Profit Margin	−554,55 %	−222,5 %	−245,83 %	-
Current Ratio	7,34	2,32	2,4	2,75
Quick Ratio	−2,01	−3,96	−3,66	−5,31
Equity Ratio	0,31	0,02	0,05	0,13
Gross Profit Margin	100 %	100 %	100 %	-