BØRGE AS

4034 STAVANGER

Finances

Return on Equity

33,41 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 420 000	600 000	1 673 000	4 233 000
Net Income	4 853 000	−883 000	−4 703 000	3 180 000
Total Assets	19 919 000	11 358 000	13 860 000	19 967 000
Total Equity	14 527 000	9 674 000	11 557 000	16 260 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 420 000	600 000	1 673 000	4 233 000
Expenditure	462 000	2 474 000	2 379 000	2 889 000
Operating Profit	958 000	−1 874 000	−706 000	1 344 000
Financial Income	7 208 000	6 746 000	376 000	10 301 000
Financial Costs	2 958 000	6 161 000	4 452 000	8 116 000
Financial Balance	4 250 000	585 000	−4 076 000	2 185 000
Earnings Before Tax	5 208 000	−1 289 000	−4 783 000	3 528 000
Tax	355 000	−405 000	−80 000	348 000
Net Income	4 853 000	−883 000	−4 703 000	3 180 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 281 000	5 143 000	8 579 000	8 526 000
Total Current Assets	10 638 000	6 215 000	5 281 000	11 440 000
Total Assets	19 919 000	11 358 000	13 860 000	19 967 000
Total Retained Equity	14 175 000	9 322 000	11 205 000	15 908 000
Total Equity	14 527 000	9 674 000	11 557 000	16 260 000
Total Long-Term Debt	361 000	0	0	52 000
Total Current Debt	5 032 000	1 684 000	2 303 000	3 655 000
Total Equity and Debt	19 919 000	11 358 000	13 860 000	19 967 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 420 000	0	1 073 000	3 338 000
Other Income	0	600 000	600 000	895 000
Revenue	1 420 000	600 000	1 673 000	4 233 000
Cost of Goods Sold	0	0	0	0
Salary Costs	622 000	432 000	1 059 000	1 377 000
Depreciation	67 000	591 000	591 000	591 000
Impairment	0	0	0	0
Expenditure	462 000	2 474 000	2 379 000	2 889 000
Operating Profit	958 000	−1 874 000	−706 000	1 344 000
Financial Income	7 208 000	6 746 000	376 000	10 301 000
Financial Costs	2 958 000	6 161 000	4 452 000	8 116 000
Financial Balance	4 250 000	585 000	−4 076 000	2 185 000
Dividends	0	1 000 000	0	180 000
Net Income	4 853 000	−883 000	−4 703 000	3 180 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	78 000	433 000	28 000	0
Real Eastate	0	2 673 000	3 264 000	3 855 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	333 000	0	0	0
Total Tangible Assets	333 000	2 673 000	3 264 000	3 855 000
Total Fiancial Fixed Assets	8 870 000	2 037 000	5 287 000	4 671 000
Total Fixed Assets	9 281 000	5 143 000	8 579 000	8 526 000
Stock	0	0	0	0
Total Investments	93 000	847 000	0	0
Cash, Bank	192 000	291 000	352 000	1 611 000
Total Current Assets	10 638 000	6 215 000	5 281 000	11 440 000
Total Assets	19 919 000	11 358 000	13 860 000	19 967 000
Total Equity	14 527 000	9 674 000	11 557 000	16 260 000
Short-Term Group Debt	4 635 000	0	1 497 000	3 109 000
Total Long-Term Debt	361 000	0	0	52 000
Creditors	82 000	40 000	103 000	63 000
Unpaid Taxes	95 000	351 000	356 000	102 000
Dividends	0	1 000 000	0	180 000
Other Current Debt	220 000	293 000	347 000	200 000
Total Current Debt	5 032 000	1 684 000	2 303 000	3 655 000
Total Equity and Debt	19 919 000	11 358 000	13 860 000	19 967 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,41 %	−9,13 %	−40,69 %	19,56 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	67,46 %	−312,33 %	−42,2 %	31,75 %
Current Ratio	2,11	3,69	2,29	3,13
Quick Ratio	2,11	3,69	2,29	3,13
Equity Ratio	0,73	0,85	0,83	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %