RINO BORGERSEN AS

3057 SOLBERGELVA

Finances

Share Ownership

Return on Equity

41,2 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 489 000	14 208 000	12 662 000	13 730 000
Net Income	1 959 000	613 000	664 000	238 000
Total Assets	13 110 000	9 199 000	8 279 000	8 058 000
Total Equity	4 755 000	4 296 000	4 183 000	4 518 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 489 000	14 208 000	12 662 000	13 730 000
Expenditure	23 908 000	13 485 000	11 719 000	13 095 000
Operating Profit	2 582 000	724 000	943 000	635 000
Financial Income	0	0	4 000	13 000
Financial Costs	112 000	87 000	67 000	193 000
Financial Balance	−112 000	−87 000	−63 000	−180 000
Earnings Before Tax	2 470 000	637 000	880 000	455 000
Tax	511 000	24 000	216 000	217 000
Net Income	1 959 000	613 000	664 000	238 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 476 000	4 432 000	3 511 000	2 790 000
Total Current Assets	7 634 000	4 768 000	4 768 000	5 268 000
Total Assets	13 110 000	9 199 000	8 279 000	8 058 000
Total Retained Equity	4 655 000	4 196 000	4 083 000	4 418 000
Total Equity	4 755 000	4 296 000	4 183 000	4 518 000
Total Long-Term Debt	1 987 000	1 895 000	1 174 000	964 000
Total Current Debt	6 368 000	3 008 000	2 922 000	2 575 000
Total Equity and Debt	13 110 000	9 199 000	8 279 000	8 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 456 000	14 098 000	12 542 000	13 594 000
Other Income	33 000	111 000	120 000	136 000
Revenue	26 489 000	14 208 000	12 662 000	13 730 000
Cost of Goods Sold	13 336 000	6 276 000	4 901 000	5 814 000
Salary Costs	7 392 000	4 946 000	4 419 000	4 393 000
Depreciation	492 000	515 000	537 000	646 000
Impairment	0	0	0	0
Expenditure	23 908 000	13 485 000	11 719 000	13 095 000
Operating Profit	2 582 000	724 000	943 000	635 000
Financial Income	0	0	4 000	13 000
Financial Costs	112 000	87 000	67 000	193 000
Financial Balance	−112 000	−87 000	−63 000	−180 000
Dividends	1 500 000	500 000	1 000 000	1 000 000
Net Income	1 959 000	613 000	664 000	238 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	2 000	8 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 148 000	2 021 000	1 293 000	1 179 000
Total Tangible Assets	2 148 000	2 021 000	1 296 000	1 188 000
Total Fiancial Fixed Assets	3 328 000	2 410 000	2 215 000	1 603 000
Total Fixed Assets	5 476 000	4 432 000	3 511 000	2 790 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	860 000	272 000	458 000	1 525 000
Total Current Assets	7 634 000	4 768 000	4 768 000	5 268 000
Total Assets	13 110 000	9 199 000	8 279 000	8 058 000
Total Equity	4 755 000	4 296 000	4 183 000	4 518 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 987 000	1 895 000	1 174 000	964 000
Creditors	3 110 000	722 000	517 000	278 000
Unpaid Taxes	635 000	831 000	635 000	644 000
Dividends	1 500 000	500 000	1 000 000	1 000 000
Other Current Debt	612 000	878 000	554 000	436 000
Total Current Debt	6 368 000	3 008 000	2 922 000	2 575 000
Total Equity and Debt	13 110 000	9 199 000	8 279 000	8 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,2 %	14,27 %	15,87 %	5,27 %
Debt-to-Equity Ratio	0,42	0,44	0,28	0,21
Operating Profit Margin	9,75 %	5,1 %	7,45 %	4,62 %
Current Ratio	1,2	1,59	1,63	2,05
Quick Ratio	1,2	1,59	1,63	2,05
Equity Ratio	0,36	0,47	0,51	0,56
Gross Profit Margin	49,65 %	55,83 %	61,29 %	57,65 %