BORTECH AS

3940 PORSGRUNN

Finances

Return on Equity

7,37 %

Current Ratio

2,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 821 000	24 286 000	14 287 000	13 415 000
Net Income	494 000	2 017 000	1 232 000	175 000
Total Assets	9 729 000	11 258 000	6 980 000	5 484 000
Total Equity	6 705 000	6 211 000	4 494 000	3 262 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 821 000	24 286 000	14 287 000	13 415 000
Expenditure	20 188 000	21 702 000	12 713 000	13 190 000
Operating Profit	634 000	2 585 000	1 573 000	225 000
Financial Income	1 000	2 000	7 000	11 000
Financial Costs	2 000	0	1 000	11 000
Financial Balance	−1 000	2 000	6 000	0
Earnings Before Tax	634 000	2 586 000	1 579 000	225 000
Tax	140 000	569 000	347 000	50 000
Net Income	494 000	2 017 000	1 232 000	175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 208 000	1 514 000	1 048 000	1 675 000
Total Current Assets	7 521 000	9 744 000	5 932 000	3 809 000
Total Assets	9 729 000	11 258 000	6 980 000	5 484 000
Total Retained Equity	6 605 000	6 111 000	4 394 000	3 162 000
Total Equity	6 705 000	6 211 000	4 494 000	3 262 000
Total Long-Term Debt	0	0	0	75 000
Total Current Debt	3 023 000	5 047 000	2 486 000	2 148 000
Total Equity and Debt	9 729 000	11 258 000	6 980 000	5 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 821 000	24 286 000	13 787 000	13 415 000
Other Income	0	0	500 000	0
Revenue	20 821 000	24 286 000	14 287 000	13 415 000
Cost of Goods Sold	5 064 000	5 956 000	3 268 000	4 402 000
Salary Costs	6 053 000	7 528 000	4 102 000	3 805 000
Depreciation	430 000	394 000	357 000	275 000
Impairment	0	0	0	0
Expenditure	20 188 000	21 702 000	12 713 000	13 190 000
Operating Profit	634 000	2 585 000	1 573 000	225 000
Financial Income	1 000	2 000	7 000	11 000
Financial Costs	2 000	0	1 000	11 000
Financial Balance	−1 000	2 000	6 000	0
Dividends	0	300 000	0	0
Net Income	494 000	2 017 000	1 232 000	175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	84 000	74 000	61 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	649 000	0	0	0
Fixtures	1 094 000	1 030 000	574 000	782 000
Total Tangible Assets	1 743 000	1 030 000	574 000	782 000
Total Fiancial Fixed Assets	400 000	400 000	400 000	832 000
Total Fixed Assets	2 208 000	1 514 000	1 048 000	1 675 000
Stock	352 000	248 000	233 000	216 000
Total Investments	0	0	0	0
Cash, Bank	4 420 000	5 344 000	4 327 000	2 038 000
Total Current Assets	7 521 000	9 744 000	5 932 000	3 809 000
Total Assets	9 729 000	11 258 000	6 980 000	5 484 000
Total Equity	6 705 000	6 211 000	4 494 000	3 262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	75 000
Creditors	872 000	996 000	591 000	1 215 000
Unpaid Taxes	983 000	940 000	783 000	368 000
Dividends	0	300 000	0	0
Other Current Debt	1 047 000	2 532 000	752 000	506 000
Total Current Debt	3 023 000	5 047 000	2 486 000	2 148 000
Total Equity and Debt	9 729 000	11 258 000	6 980 000	5 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,37 %	32,47 %	27,41 %	5,36 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	3,05 %	10,64 %	11,01 %	1,68 %
Current Ratio	2,49	1,93	2,39	1,77
Quick Ratio	2,82	2,03	2,63	1,97
Equity Ratio	0,69	0,55	0,64	0,59
Gross Profit Margin	75,68 %	75,48 %	77,13 %	67,19 %