BORETTSLAGET NØRVEGATA 22 AL

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−6,9 %

Current Ratio

63,18

Debt-to-Equity Ratio

−1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 870 000	1 870 000	1 871 000	1 827 000
Net Income	632 000	694 000	574 000	689 000
Total Assets	5 578 000	5 558 000	5 448 000	5 518 000
Total Equity	−9 163 000	−9 795 000	−10 489 000	−11 063 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 870 000	1 870 000	1 871 000	1 827 000
Expenditure	827 000	907 000	963 000	724 000
Operating Profit	1 044 000	964 000	908 000	1 103 000
Financial Income	7 000	2 000	4 000	5 000
Financial Costs	419 000	271 000	338 000	419 000
Financial Balance	−412 000	−269 000	−334 000	−414 000
Earnings Before Tax	632 000	694 000	574 000	689 000
Tax	0	0	0	0
Net Income	632 000	694 000	574 000	689 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 504 000	4 476 000	4 457 000	4 457 000
Total Current Assets	1 074 000	1 081 000	991 000	1 061 000
Total Assets	5 578 000	5 558 000	5 448 000	5 518 000
Total Retained Equity	−9 166 000	−9 798 000	−10 492 000	−11 066 000
Total Equity	−9 163 000	−9 795 000	−10 489 000	−11 063 000
Total Long-Term Debt	14 724 000	15 282 000	15 913 000	16 508 000
Total Current Debt	17 000	70 000	24 000	73 000
Total Equity and Debt	5 578 000	5 558 000	5 448 000	5 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 870 000	1 870 000	1 871 000	1 827 000
Revenue	1 870 000	1 870 000	1 871 000	1 827 000
Cost of Goods Sold	0	0	0	0
Salary Costs	128 000	128 000	125 000	125 000
Depreciation	2 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	827 000	907 000	963 000	724 000
Operating Profit	1 044 000	964 000	908 000	1 103 000
Financial Income	7 000	2 000	4 000	5 000
Financial Costs	419 000	271 000	338 000	419 000
Financial Balance	−412 000	−269 000	−334 000	−414 000
Dividends	0	0	0	0
Net Income	632 000	694 000	574 000	689 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 457 000	4 457 000	4 457 000	4 457 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	19 000	0	0
Total Tangible Assets	4 474 000	4 476 000	4 457 000	4 457 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	4 504 000	4 476 000	4 457 000	4 457 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 055 000	1 064 000	975 000	1 042 000
Total Current Assets	1 074 000	1 081 000	991 000	1 061 000
Total Assets	5 578 000	5 558 000	5 448 000	5 518 000
Total Equity	−9 163 000	−9 795 000	−10 489 000	−11 063 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 724 000	15 282 000	15 913 000	16 508 000
Creditors	2 000	54 000	9 000	60 000
Unpaid Taxes	4 000	4 000	4 000	4 000
Dividends	0	0	0	0
Other Current Debt	7 000	10 000	9 000	7 000
Total Current Debt	17 000	70 000	24 000	73 000
Total Equity and Debt	5 578 000	5 558 000	5 448 000	5 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,9 %	−7,09 %	−5,47 %	−6,23 %
Debt-to-Equity Ratio	−1,61	−1,56	−1,52	−1,49
Operating Profit Margin	55,83 %	51,55 %	48,53 %	60,37 %
Current Ratio	63,18	15,44	41,29	14,53
Quick Ratio	63,18	15,44	41,29	14,53
Equity Ratio	−1,64	−1,76	−1,93	−2
Gross Profit Margin	100 %	100 %	100 %	100 %