BORGUND INDUSTRI AS

6013 ÅLESUND

Finances

Return on Equity

3,15 %

Current Ratio

4,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	871 000	3 147 000	569 000	1 091 000
Net Income	691 000	3 112 000	296 000	1 529 000
Total Assets	24 622 000	24 827 000	20 233 000	20 675 000
Total Equity	21 949 000	21 873 000	19 582 000	19 799 000

Income (NOK)	2022	2021	2020	2019
Revenue	871 000	3 147 000	569 000	1 091 000
Expenditure	245 000	304 000	237 000	166 000
Operating Profit	626 000	2 843 000	332 000	924 000
Financial Income	147 000	327 000	249 000	847 000
Financial Costs	82 000	57 000	275 000	0
Financial Balance	65 000	270 000	−26 000	847 000
Earnings Before Tax	691 000	3 112 000	307 000	1 771 000
Tax	0	0	11 000	93 000
Net Income	691 000	3 112 000	296 000	1 529 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 790 000	12 701 000	9 023 000	10 702 000
Total Current Assets	12 832 000	12 126 000	11 210 000	9 973 000
Total Assets	24 622 000	24 827 000	20 233 000	20 675 000
Total Retained Equity	21 744 000	21 668 000	19 377 000	19 594 000
Total Equity	21 949 000	21 873 000	19 582 000	19 799 000
Total Long-Term Debt	0	2 000 000	0	0
Total Current Debt	2 673 000	954 000	650 000	876 000
Total Equity and Debt	24 622 000	24 827 000	20 233 000	20 675 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	871 000	3 147 000	569 000	1 091 000
Revenue	871 000	3 147 000	569 000	1 091 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	245 000	304 000	237 000	166 000
Operating Profit	626 000	2 843 000	332 000	924 000
Financial Income	147 000	327 000	249 000	847 000
Financial Costs	82 000	57 000	275 000	0
Financial Balance	65 000	270 000	−26 000	847 000
Dividends	615 000	820 000	513 000	513 000
Net Income	691 000	3 112 000	296 000	1 529 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	11 790 000	12 701 000	9 023 000	10 702 000
Total Fixed Assets	11 790 000	12 701 000	9 023 000	10 702 000
Stock	0	0	0	0
Total Investments	11 640 000	11 644 000	8 460 000	8 815 000
Cash, Bank	529 000	482 000	2 740 000	1 066 000
Total Current Assets	12 832 000	12 126 000	11 210 000	9 973 000
Total Assets	24 622 000	24 827 000	20 233 000	20 675 000
Total Equity	21 949 000	21 873 000	19 582 000	19 799 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000 000	0	0
Creditors	7 000	62 000	1 000	0
Unpaid Taxes	3 000	26 000	45 000	114 000
Dividends	615 000	820 000	513 000	513 000
Other Current Debt	2 048 000	47 000	81 000	137 000
Total Current Debt	2 673 000	954 000	650 000	876 000
Total Equity and Debt	24 622 000	24 827 000	20 233 000	20 675 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,15 %	14,23 %	1,51 %	7,72 %
Debt-to-Equity Ratio	0	0,09	0	0
Operating Profit Margin	71,87 %	90,34 %	58,35 %	84,69 %
Current Ratio	4,8	12,71	17,25	11,38
Quick Ratio	4,8	12,71	17,25	11,38
Equity Ratio	0,89	0,88	0,97	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %