BOREAL BANE AS

7023 TRONDHEIM

Finances

Share Ownership

Return on Equity

27,31 %

Current Ratio

0,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 549 000	41 135 000	55 452 000	39 608 000
Net Income	4 223 000	7 210 000	6 461 000	5 135 000
Total Assets	29 799 000	31 413 000	28 226 000	30 184 000
Total Equity	15 462 000	13 389 000	11 240 000	9 463 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 549 000	41 135 000	55 452 000	39 608 000
Expenditure	42 123 000	31 896 000	47 019 000	32 724 000
Operating Profit	5 426 000	9 238 000	8 432 000	6 884 000
Financial Income	86 000	26 000	6 000	19 000
Financial Costs	89 000	13 000	155 000	314 000
Financial Balance	−3 000	13 000	−149 000	−295 000
Earnings Before Tax	5 423 000	9 251 000	8 284 000	6 590 000
Tax	1 200 000	2 042 000	1 822 000	1 455 000
Net Income	4 223 000	7 210 000	6 461 000	5 135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 856 000	17 335 000	20 001 000	21 670 000
Total Current Assets	11 943 000	14 078 000	8 225 000	8 514 000
Total Assets	29 799 000	31 413 000	28 226 000	30 184 000
Total Retained Equity	−2 044 000	−4 117 000	−6 266 000	−8 043 000
Total Equity	15 462 000	13 389 000	11 240 000	9 463 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 337 000	18 024 000	16 985 000	20 721 000
Total Equity and Debt	29 799 000	31 413 000	28 226 000	30 184 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 549 000	41 135 000	55 452 000	39 608 000
Other Income	0	0	0	0
Revenue	47 549 000	41 135 000	55 452 000	39 608 000
Cost of Goods Sold	4 076 000	3 714 000	2 906 000	3 839 000
Salary Costs	29 355 000	19 689 000	34 293 000	19 911 000
Depreciation	2 295 000	2 160 000	2 238 000	2 185 000
Impairment	0	0	0	0
Expenditure	42 123 000	31 896 000	47 019 000	32 724 000
Operating Profit	5 426 000	9 238 000	8 432 000	6 884 000
Financial Income	86 000	26 000	6 000	19 000
Financial Costs	89 000	13 000	155 000	314 000
Financial Balance	−3 000	13 000	−149 000	−295 000
Dividends	0	0	0	0
Net Income	4 223 000	7 210 000	6 461 000	5 135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 202 000	8 797 000	9 411 000	9 912 000
Real Eastate	3 996 000	5 087 000	6 213 000	6 430 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 657 000	3 451 000	4 377 000	5 327 000
Total Tangible Assets	9 654 000	8 539 000	10 590 000	11 758 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 856 000	17 335 000	20 001 000	21 670 000
Stock	811 000	745 000	637 000	745 000
Total Investments	0	0	0	0
Cash, Bank	957 000	793 000	786 000	785 000
Total Current Assets	11 943 000	14 078 000	8 225 000	8 514 000
Total Assets	29 799 000	31 413 000	28 226 000	30 184 000
Total Equity	15 462 000	13 389 000	11 240 000	9 463 000
Short-Term Group Debt	2 756 000	6 489 000	4 539 000	11 251 000
Total Long-Term Debt	0	0	0	0
Creditors	2 698 000	3 279 000	788 000	1 334 000
Unpaid Taxes	3 107 000	2 095 000	1 652 000	1 649 000
Dividends	0	0	0	0
Other Current Debt	5 775 000	6 162 000	10 006 000	6 487 000
Total Current Debt	14 337 000	18 024 000	16 985 000	20 721 000
Total Equity and Debt	29 799 000	31 413 000	28 226 000	30 184 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,31 %	53,85 %	57,48 %	54,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,41 %	22,46 %	15,21 %	17,38 %
Current Ratio	0,83	0,78	0,48	0,41
Quick Ratio	0,88	0,81	0,5	0,43
Equity Ratio	0,52	0,43	0,4	0,31
Gross Profit Margin	91,43 %	90,97 %	94,76 %	90,31 %