BORGUNDFJORDVEIEN 116 AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−12,89 %

Current Ratio

0,46

Debt-to-Equity Ratio

−7,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 568 000	3 102 000	2 579 000	1 420 000
Net Income	587 000	773 000	−60 000	−1 553 000
Total Assets	30 940 000	30 957 000	30 530 000	32 095 000
Total Equity	−4 553 000	−5 141 000	−5 914 000	−5 854 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 568 000	3 102 000	2 579 000	1 420 000
Expenditure	1 764 000	1 466 000	1 232 000	1 386 000
Operating Profit	1 804 000	1 637 000	1 347 000	33 000
Financial Income	1 000	0	8 000	5 000
Financial Costs	1 051 000	645 000	1 074 000	1 184 000
Financial Balance	−1 050 000	−645 000	−1 066 000	−1 179 000
Earnings Before Tax	753 000	992 000	281 000	−1 146 000
Tax	166 000	219 000	341 000	407 000
Net Income	587 000	773 000	−60 000	−1 553 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 124 000	28 919 000	29 185 000	28 450 000
Total Current Assets	816 000	2 039 000	1 345 000	3 644 000
Total Assets	30 940 000	30 957 000	30 530 000	32 095 000
Total Retained Equity	−6 344 000	−6 931 000	−7 704 000	−7 644 000
Total Equity	−4 553 000	−5 141 000	−5 914 000	−5 854 000
Total Long-Term Debt	33 734 000	35 120 000	35 530 000	35 764 000
Total Current Debt	1 759 000	977 000	914 000	2 185 000
Total Equity and Debt	30 940 000	30 957 000	30 530 000	32 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 568 000	3 102 000	2 579 000	1 420 000
Revenue	3 568 000	3 102 000	2 579 000	1 420 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	368 000	356 000	350 000	313 000
Impairment	0	0	0	0
Expenditure	1 764 000	1 466 000	1 232 000	1 386 000
Operating Profit	1 804 000	1 637 000	1 347 000	33 000
Financial Income	1 000	0	8 000	5 000
Financial Costs	1 051 000	645 000	1 074 000	1 184 000
Financial Balance	−1 050 000	−645 000	−1 066 000	−1 179 000
Dividends	0	0	0	0
Net Income	587 000	773 000	−60 000	−1 553 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 124 000	28 919 000	29 185 000	28 450 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	30 124 000	28 919 000	29 185 000	28 450 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 124 000	28 919 000	29 185 000	28 450 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	880 000	528 000	1 360 000
Total Current Assets	816 000	2 039 000	1 345 000	3 644 000
Total Assets	30 940 000	30 957 000	30 530 000	32 095 000
Total Equity	−4 553 000	−5 141 000	−5 914 000	−5 854 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 734 000	35 120 000	35 530 000	35 764 000
Creditors	418 000	264 000	217 000	2 061 000
Unpaid Taxes	139 000	94 000	111 000	0
Dividends	0	0	0	0
Other Current Debt	1 080 000	432 000	560 000	123 000
Total Current Debt	1 759 000	977 000	914 000	2 185 000
Total Equity and Debt	30 940 000	30 957 000	30 530 000	32 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,89 %	−15,04 %	1,01 %	26,53 %
Debt-to-Equity Ratio	−7,41	−6,83	−6,01	−6,11
Operating Profit Margin	50,56 %	52,77 %	52,23 %	2,32 %
Current Ratio	0,46	2,09	1,47	1,67
Quick Ratio	0,46	2,09	1,47	1,67
Equity Ratio	−0,15	−0,17	−0,19	−0,18
Gross Profit Margin	100 %	100 %	100 %	100 %