BORGE & BORGE AS

3117 TØNSBERG

Finances

Share Ownership

Return on Equity

12,07 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 234 000	30 521 000	24 742 000	25 938 000
Net Income	1 296 000	2 110 000	1 484 000	1 187 000
Total Assets	15 393 000	15 020 000	17 699 000	15 183 000
Total Equity	10 734 000	9 438 000	12 328 000	10 844 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 234 000	30 521 000	24 742 000	25 938 000
Expenditure	29 571 000	27 785 000	22 848 000	24 508 000
Operating Profit	1 661 000	2 735 000	1 894 000	1 429 000
Financial Income	29 000	32 000	37 000	46 000
Financial Costs	1 000	1 000	0	3 000
Financial Balance	28 000	31 000	37 000	43 000
Earnings Before Tax	1 689 000	2 766 000	1 930 000	1 472 000
Tax	393 000	656 000	446 000	285 000
Net Income	1 296 000	2 110 000	1 484 000	1 187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 403 000	1 439 000	1 552 000	1 643 000
Total Current Assets	13 990 000	13 581 000	16 147 000	13 539 000
Total Assets	15 393 000	15 020 000	17 699 000	15 183 000
Total Retained Equity	8 734 000	7 438 000	10 328 000	8 844 000
Total Equity	10 734 000	9 438 000	12 328 000	10 844 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 659 000	5 582 000	5 371 000	4 339 000
Total Equity and Debt	15 393 000	15 020 000	17 699 000	15 183 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 106 000	30 497 000	24 688 000	25 938 000
Other Income	128 000	23 000	55 000	0
Revenue	31 234 000	30 521 000	24 742 000	25 938 000
Cost of Goods Sold	16 942 000	14 627 000	9 457 000	11 246 000
Salary Costs	9 530 000	9 835 000	10 220 000	10 328 000
Depreciation	669 000	665 000	661 000	595 000
Impairment	0	0	0	0
Expenditure	29 571 000	27 785 000	22 848 000	24 508 000
Operating Profit	1 661 000	2 735 000	1 894 000	1 429 000
Financial Income	29 000	32 000	37 000	46 000
Financial Costs	1 000	1 000	0	3 000
Financial Balance	28 000	31 000	37 000	43 000
Dividends	0	0	0	0
Net Income	1 296 000	2 110 000	1 484 000	1 187 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 387 000	1 423 000	1 541 000	1 632 000
Total Tangible Assets	1 387 000	1 423 000	1 541 000	1 632 000
Total Fiancial Fixed Assets	16 000	16 000	11 000	11 000
Total Fixed Assets	1 403 000	1 439 000	1 552 000	1 643 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 529 000	7 065 000	9 529 000	9 208 000
Total Current Assets	13 990 000	13 581 000	16 147 000	13 539 000
Total Assets	15 393 000	15 020 000	17 699 000	15 183 000
Total Equity	10 734 000	9 438 000	12 328 000	10 844 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 142 000	1 562 000	1 569 000	716 000
Unpaid Taxes	1 399 000	1 583 000	1 773 000	1 787 000
Dividends	0	0	0	0
Other Current Debt	1 725 000	1 781 000	1 586 000	1 551 000
Total Current Debt	4 659 000	5 582 000	5 371 000	4 339 000
Total Equity and Debt	15 393 000	15 020 000	17 699 000	15 183 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,07 %	22,36 %	12,04 %	10,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,32 %	8,96 %	7,65 %	5,51 %
Current Ratio	3	2,43	3,01	3,12
Quick Ratio	3	2,43	3,01	3,12
Equity Ratio	0,7	0,63	0,7	0,71
Gross Profit Margin	45,76 %	52,08 %	61,78 %	56,64 %