NORDRE BORGE III BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

10,12 %

Current Ratio

3,41

Debt-to-Equity Ratio

2,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 640 000	1 583 000	1 523 000	1 483 000
Net Income	308 000	401 000	144 000	330 000
Total Assets	10 864 000	10 740 000	10 615 000	10 583 000
Total Equity	3 042 000	2 735 000	2 334 000	2 190 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 640 000	1 583 000	1 523 000	1 483 000
Expenditure	1 177 000	1 073 000	1 251 000	1 003 000
Operating Profit	462 000	509 000	273 000	480 000
Financial Income	5 000	1 000	2 000	3 000
Financial Costs	160 000	109 000	130 000	153 000
Financial Balance	−155 000	−108 000	−128 000	−150 000
Earnings Before Tax	307 000	401 000	144 000	330 000
Tax	0	0	0	0
Net Income	308 000	401 000	144 000	330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 188 000	10 034 000	9 951 000	9 940 000
Total Current Assets	676 000	706 000	664 000	643 000
Total Assets	10 864 000	10 740 000	10 615 000	10 583 000
Total Retained Equity	3 040 000	2 733 000	2 332 000	2 187 000
Total Equity	3 042 000	2 735 000	2 334 000	2 190 000
Total Long-Term Debt	7 623 000	7 820 000	8 040 000	8 251 000
Total Current Debt	198 000	185 000	242 000	142 000
Total Equity and Debt	10 864 000	10 740 000	10 615 000	10 583 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 640 000	1 583 000	1 523 000	1 483 000
Revenue	1 640 000	1 583 000	1 523 000	1 483 000
Cost of Goods Sold	0	0	0	0
Salary Costs	157 000	158 000	168 000	149 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 177 000	1 073 000	1 251 000	1 003 000
Operating Profit	462 000	509 000	273 000	480 000
Financial Income	5 000	1 000	2 000	3 000
Financial Costs	160 000	109 000	130 000	153 000
Financial Balance	−155 000	−108 000	−128 000	−150 000
Dividends	0	0	0	0
Net Income	308 000	401 000	144 000	330 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 259 000	9 281 000	9 303 000	9 326 000
Machinery and Plant Facilities	107 000	30 000	33 000	0
Fixtures	0	0	0	0
Total Tangible Assets	9 366 000	9 311 000	9 337 000	9 326 000
Total Fiancial Fixed Assets	822 000	723 000	615 000	614 000
Total Fixed Assets	10 188 000	10 034 000	9 951 000	9 940 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	544 000	590 000	555 000	530 000
Total Current Assets	676 000	706 000	664 000	643 000
Total Assets	10 864 000	10 740 000	10 615 000	10 583 000
Total Equity	3 042 000	2 735 000	2 334 000	2 190 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 623 000	7 820 000	8 040 000	8 251 000
Creditors	93 000	101 000	165 000	86 000
Unpaid Taxes	5 000	4 000	4 000	4 000
Dividends	0	0	0	0
Other Current Debt	100 000	80 000	72 000	52 000
Total Current Debt	198 000	185 000	242 000	142 000
Total Equity and Debt	10 864 000	10 740 000	10 615 000	10 583 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,12 %	14,66 %	6,17 %	15,07 %
Debt-to-Equity Ratio	2,51	2,86	3,44	3,77
Operating Profit Margin	28,17 %	32,15 %	17,93 %	32,37 %
Current Ratio	3,41	3,82	2,74	4,53
Quick Ratio	3,41	3,82	2,74	4,53
Equity Ratio	0,28	0,25	0,22	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %