BORGTUN AS

8360 BØSTAD

Finances

Return on Equity

16,19 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 444 000	4 645 000	4 039 000	3 546 000
Net Income	147 000	88 000	40 000	114 000
Total Assets	1 659 000	1 563 000	1 402 000	1 199 000
Total Equity	908 000	761 000	710 000	669 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 444 000	4 645 000	4 039 000	3 546 000
Expenditure	4 250 000	4 534 000	3 979 000	3 414 000
Operating Profit	195 000	112 000	60 000	133 000
Financial Income	5 000	6 000	4 000	7 000
Financial Costs	10 000	5 000	9 000	4 000
Financial Balance	−5 000	1 000	−5 000	3 000
Earnings Before Tax	190 000	112 000	55 000	137 000
Tax	43 000	25 000	14 000	23 000
Net Income	147 000	88 000	40 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	15 000	20 000	26 000
Total Current Assets	1 649 000	1 548 000	1 382 000	1 174 000
Total Assets	1 659 000	1 563 000	1 402 000	1 199 000
Total Retained Equity	558 000	411 000	360 000	319 000
Total Equity	908 000	761 000	710 000	669 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	751 000	802 000	692 000	530 000
Total Equity and Debt	1 659 000	1 563 000	1 402 000	1 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 444 000	4 625 000	4 039 000	3 541 000
Other Income	0	20 000	0	5 000
Revenue	4 444 000	4 645 000	4 039 000	3 546 000
Cost of Goods Sold	1 933 000	2 116 000	1 899 000	1 565 000
Salary Costs	1 854 000	1 969 000	1 646 000	1 360 000
Depreciation	5 000	5 000	6 000	9 000
Impairment	0	0	0	0
Expenditure	4 250 000	4 534 000	3 979 000	3 414 000
Operating Profit	195 000	112 000	60 000	133 000
Financial Income	5 000	6 000	4 000	7 000
Financial Costs	10 000	5 000	9 000	4 000
Financial Balance	−5 000	1 000	−5 000	3 000
Dividends	0	0	0	0
Net Income	147 000	88 000	40 000	114 000

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	10 000	15 000	20 000	25 000
Total Tangible Assets	10 000	15 000	20 000	25 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	10 000	15 000	20 000	26 000
Stock	202 000	195 000	236 000	170 000
Total Investments	0	0	0	0
Cash, Bank	1 433 000	1 339 000	1 080 000	926 000
Total Current Assets	1 649 000	1 548 000	1 382 000	1 174 000
Total Assets	1 659 000	1 563 000	1 402 000	1 199 000
Total Equity	908 000	761 000	710 000	669 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	127 000	148 000	100 000	26 000
Unpaid Taxes	185 000	272 000	331 000	285 000
Dividends	0	0	0	0
Other Current Debt	396 000	357 000	247 000	182 000
Total Current Debt	751 000	802 000	692 000	530 000
Total Equity and Debt	1 659 000	1 563 000	1 402 000	1 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,19 %	11,56 %	5,63 %	17,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,39 %	2,41 %	1,49 %	3,75 %
Current Ratio	2,2	1,93	2	2,22
Quick Ratio	3	2,55	3,03	3,26
Equity Ratio	0,55	0,49	0,51	0,56
Gross Profit Margin	56,5 %	54,45 %	52,98 %	55,87 %