BORGAR ØST AS

1633 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

2,82 %

Current Ratio

1,74

Debt-to-Equity Ratio

2,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	396 000	310 000	525 000	464 000
Net Income	18 000	−95 000	162 000	84 000
Total Assets	2 371 000	3 815 000	3 902 000	3 863 000
Total Equity	639 000	621 000	716 000	696 000

Income (NOK)	2022	2021	2020	2019
Revenue	396 000	310 000	525 000	464 000
Expenditure	328 000	356 000	261 000	310 000
Operating Profit	68 000	−46 000	264 000	154 000
Financial Income	12 000	43 000	69 000	84 000
Financial Costs	57 000	119 000	124 000	130 000
Financial Balance	−45 000	−76 000	−55 000	−46 000
Earnings Before Tax	23 000	−122 000	208 000	108 000
Tax	5 000	−27 000	46 000	24 000
Net Income	18 000	−95 000	162 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 964 000	1 007 000	669 000	592 000
Total Current Assets	408 000	2 808 000	3 233 000	3 271 000
Total Assets	2 371 000	3 815 000	3 902 000	3 863 000
Total Retained Equity	539 000	521 000	616 000	596 000
Total Equity	639 000	621 000	716 000	696 000
Total Long-Term Debt	1 498 000	2 798 000	2 937 000	1 857 000
Total Current Debt	235 000	396 000	249 000	1 310 000
Total Equity and Debt	2 371 000	3 815 000	3 902 000	3 863 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	40 000
Other Income	396 000	310 000	525 000	424 000
Revenue	396 000	310 000	525 000	464 000
Cost of Goods Sold	0	235 000	0	0
Salary Costs	0	0	0	0
Depreciation	86 000	30 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	328 000	356 000	261 000	310 000
Operating Profit	68 000	−46 000	264 000	154 000
Financial Income	12 000	43 000	69 000	84 000
Financial Costs	57 000	119 000	124 000	130 000
Financial Balance	−45 000	−76 000	−55 000	−46 000
Dividends	0	0	0	0
Net Income	18 000	−95 000	162 000	84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	0	0
Real Eastate	764 000	752 000	576 000	592 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	231 000	158 000	0	0
Total Tangible Assets	996 000	910 000	576 000	592 000
Total Fiancial Fixed Assets	968 000	93 000	93 000	0
Total Fixed Assets	1 964 000	1 007 000	669 000	592 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	46 000	47 000	83 000
Total Current Assets	408 000	2 808 000	3 233 000	3 271 000
Total Assets	2 371 000	3 815 000	3 902 000	3 863 000
Total Equity	639 000	621 000	716 000	696 000
Short-Term Group Debt	190 000	254 000	250 000	65 000
Total Long-Term Debt	1 498 000	2 798 000	2 937 000	1 857 000
Creditors	0	70 000	−17 000	−10 000
Unpaid Taxes	7 000	32 000	11 000	4 000
Dividends	0	0	0	0
Other Current Debt	38 000	39 000	5 000	1 247 000
Total Current Debt	235 000	396 000	249 000	1 310 000
Total Equity and Debt	2 371 000	3 815 000	3 902 000	3 863 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,82 %	−15,3 %	22,63 %	12,07 %
Debt-to-Equity Ratio	2,34	4,51	4,1	2,67
Operating Profit Margin	17,17 %	−14,84 %	50,29 %	33,19 %
Current Ratio	1,74	7,09	12,98	2,5
Quick Ratio	1,74	7,09	12,98	2,5
Equity Ratio	0,27	0,16	0,18	0,18
Gross Profit Margin	100 %	24,19 %	100 %	100 %