BORGUND PARK AS

6004 ÅLESUND

Finances

Return on Equity

7,56 %

Current Ratio

2,58

Debt-to-Equity Ratio

2,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 624 000	1 247 000	1 325 000	1 283 000
Net Income	391 000	−523 000	319 000	−159 000
Total Assets	19 632 000	18 478 000	18 607 000	19 027 000
Total Equity	5 172 000	4 781 000	5 304 000	4 985 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 624 000	1 247 000	1 325 000	1 283 000
Expenditure	2 450 000	1 739 000	1 227 000	1 480 000
Operating Profit	174 000	−491 000	97 000	−197 000
Financial Income	595 000	0	513 000	138 000
Financial Costs	268 000	179 000	202 000	145 000
Financial Balance	327 000	−179 000	311 000	−7 000
Earnings Before Tax	502 000	−670 000	409 000	−204 000
Tax	110 000	−147 000	90 000	−45 000
Net Income	391 000	−523 000	319 000	−159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 003 000	17 742 000	17 613 000	18 017 000
Total Current Assets	1 629 000	736 000	994 000	1 010 000
Total Assets	19 632 000	18 478 000	18 607 000	19 027 000
Total Retained Equity	3 935 000	3 544 000	4 067 000	3 748 000
Total Equity	5 172 000	4 781 000	5 304 000	4 985 000
Total Long-Term Debt	13 828 000	13 517 000	12 253 000	12 609 000
Total Current Debt	632 000	180 000	1 050 000	1 433 000
Total Equity and Debt	19 632 000	18 478 000	18 607 000	19 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 000	62 000	0	0
Other Income	2 590 000	1 185 000	1 325 000	1 283 000
Revenue	2 624 000	1 247 000	1 325 000	1 283 000
Cost of Goods Sold	2 000	62 000	0	0
Salary Costs	775 000	913 000	472 000	717 000
Depreciation	65 000	55 000	8 000	22 000
Impairment	0	0	0	0
Expenditure	2 450 000	1 739 000	1 227 000	1 480 000
Operating Profit	174 000	−491 000	97 000	−197 000
Financial Income	595 000	0	513 000	138 000
Financial Costs	268 000	179 000	202 000	145 000
Financial Balance	327 000	−179 000	311 000	−7 000
Dividends	0	0	0	0
Net Income	391 000	−523 000	319 000	−159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 457 000	6 130 000	6 130 000	6 997 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	83 000	148 000	19 000	7 000
Total Tangible Assets	6 540 000	6 278 000	6 149 000	7 004 000
Total Fiancial Fixed Assets	11 463 000	11 463 000	11 463 000	11 013 000
Total Fixed Assets	18 003 000	17 742 000	17 613 000	18 017 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	91 000	102 000	294 000	756 000
Total Current Assets	1 629 000	736 000	994 000	1 010 000
Total Assets	19 632 000	18 478 000	18 607 000	19 027 000
Total Equity	5 172 000	4 781 000	5 304 000	4 985 000
Short-Term Group Debt	0	0	575 000	0
Total Long-Term Debt	13 828 000	13 517 000	12 253 000	12 609 000
Creditors	56 000	51 000	1 000	0
Unpaid Taxes	57 000	73 000	46 000	0
Dividends	0	0	0	0
Other Current Debt	520 000	48 000	391 000	0
Total Current Debt	632 000	180 000	1 050 000	1 433 000
Total Equity and Debt	19 632 000	18 478 000	18 607 000	19 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,56 %	−10,94 %	6,01 %	−3,19 %
Debt-to-Equity Ratio	2,67	2,83	2,31	2,53
Operating Profit Margin	6,63 %	−39,37 %	7,32 %	−15,35 %
Current Ratio	2,58	4,09	0,95	0,7
Quick Ratio	2,58	4,09	0,95	0,7
Equity Ratio	0,26	0,26	0,29	0,26
Gross Profit Margin	99,92 %	95,03 %	100 %	100 %