BORG AS

6007 ÅLESUND

Finances

Share Ownership

Return on Equity

−4,89 %

Current Ratio

0,86

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	904 000	984 000	921 000	943 000
Net Income	−176 000	310 000	215 000	227 000
Total Assets	4 280 000	4 826 000	4 682 000	4 303 000
Total Equity	3 597 000	3 772 000	3 462 000	3 465 000

Income (NOK)	2022	2021	2020	2019
Revenue	904 000	984 000	921 000	943 000
Expenditure	1 136 000	591 000	651 000	651 000
Operating Profit	−231 000	392 000	271 000	292 000
Financial Income	5 000	5 000	5 000	5 000
Financial Costs	0	0	1 000	6 000
Financial Balance	5 000	5 000	4 000	−1 000
Earnings Before Tax	−226 000	397 000	275 000	291 000
Tax	−51 000	87 000	61 000	64 000
Net Income	−176 000	310 000	215 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 740 000	3 858 000	3 880 000	3 862 000
Total Current Assets	540 000	968 000	802 000	441 000
Total Assets	4 280 000	4 826 000	4 682 000	4 303 000
Total Retained Equity	3 497 000	3 672 000	3 362 000	3 365 000
Total Equity	3 597 000	3 772 000	3 462 000	3 465 000
Total Long-Term Debt	55 000	106 000	108 000	108 000
Total Current Debt	628 000	948 000	1 112 000	730 000
Total Equity and Debt	4 280 000	4 826 000	4 682 000	4 303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	904 000	984 000	902 000	943 000
Other Income	0	0	19 000	0
Revenue	904 000	984 000	921 000	943 000
Cost of Goods Sold	0	0	0	0
Salary Costs	307 000	153 000	112 000	0
Depreciation	140 000	138 000	109 000	109 000
Impairment	0	0	0	0
Expenditure	1 136 000	591 000	651 000	651 000
Operating Profit	−231 000	392 000	271 000	292 000
Financial Income	5 000	5 000	5 000	5 000
Financial Costs	0	0	1 000	6 000
Financial Balance	5 000	5 000	4 000	−1 000
Dividends	0	0	0	0
Net Income	−176 000	310 000	215 000	227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 692 000	3 795 000	3 880 000	3 862 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	63 000	0	0
Total Tangible Assets	3 740 000	3 858 000	3 880 000	3 862 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 740 000	3 858 000	3 880 000	3 862 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	504 000	604 000	714 000	324 000
Total Current Assets	540 000	968 000	802 000	441 000
Total Assets	4 280 000	4 826 000	4 682 000	4 303 000
Total Equity	3 597 000	3 772 000	3 462 000	3 465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 000	106 000	108 000	108 000
Creditors	0	0	0	0
Unpaid Taxes	8 000	60 000	9 000	0
Dividends	0	0	0	0
Other Current Debt	620 000	799 000	1 102 000	730 000
Total Current Debt	628 000	948 000	1 112 000	730 000
Total Equity and Debt	4 280 000	4 826 000	4 682 000	4 303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,89 %	8,22 %	6,21 %	6,55 %
Debt-to-Equity Ratio	0,02	0,03	0,03	0,03
Operating Profit Margin	−25,55 %	39,84 %	29,42 %	30,97 %
Current Ratio	0,86	1,02	0,72	0,6
Quick Ratio	0,86	1,02	0,72	0,6
Equity Ratio	0,84	0,78	0,74	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %