BORGAR KITTILSEN VERKSTED AS

3725 SKIEN

Finances

Share Ownership

Return on Equity

30,55 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 884 000	36 516 000	37 034 000	36 456 000
Net Income	1 710 000	1 401 000	2 009 000	2 165 000
Total Assets	11 108 000	9 463 000	11 810 000	12 792 000
Total Equity	5 597 000	4 887 000	7 486 000	7 477 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 884 000	36 516 000	37 034 000	36 456 000
Expenditure	33 701 000	34 726 000	34 496 000	33 730 000
Operating Profit	2 182 000	1 790 000	2 537 000	2 726 000
Financial Income	13 000	11 000	43 000	55 000
Financial Costs	2 000	2 000	3 000	3 000
Financial Balance	11 000	9 000	40 000	52 000
Earnings Before Tax	2 194 000	1 799 000	2 577 000	2 778 000
Tax	485 000	398 000	569 000	614 000
Net Income	1 710 000	1 401 000	2 009 000	2 165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 309 000	2 601 000	2 582 000	2 992 000
Total Current Assets	8 800 000	6 862 000	9 228 000	9 800 000
Total Assets	11 108 000	9 463 000	11 810 000	12 792 000
Total Retained Equity	2 347 000	1 637 000	4 236 000	4 228 000
Total Equity	5 597 000	4 887 000	7 486 000	7 477 000
Total Long-Term Debt	28 000	69 000	91 000	5 000
Total Current Debt	5 483 000	4 506 000	4 233 000	5 309 000
Total Equity and Debt	11 108 000	9 463 000	11 810 000	12 792 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 884 000	36 274 000	36 493 000	35 853 000
Other Income	0	241 000	541 000	603 000
Revenue	35 884 000	36 516 000	37 034 000	36 456 000
Cost of Goods Sold	13 270 000	13 964 000	14 602 000	12 625 000
Salary Costs	13 700 000	14 426 000	14 510 000	15 383 000
Depreciation	776 000	773 000	751 000	844 000
Impairment	0	0	0	0
Expenditure	33 701 000	34 726 000	34 496 000	33 730 000
Operating Profit	2 182 000	1 790 000	2 537 000	2 726 000
Financial Income	13 000	11 000	43 000	55 000
Financial Costs	2 000	2 000	3 000	3 000
Financial Balance	11 000	9 000	40 000	52 000
Dividends	1 000 000	0	0	0
Net Income	1 710 000	1 401 000	2 009 000	2 165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 000	44 000	66 000	88 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 285 000	2 555 000	2 514 000	2 902 000
Total Tangible Assets	2 307 000	2 599 000	2 580 000	2 990 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	2 309 000	2 601 000	2 582 000	2 992 000
Stock	636 000	263 000	386 000	952 000
Total Investments	0	0	0	0
Cash, Bank	4 613 000	3 480 000	6 098 000	6 419 000
Total Current Assets	8 800 000	6 862 000	9 228 000	9 800 000
Total Assets	11 108 000	9 463 000	11 810 000	12 792 000
Total Equity	5 597 000	4 887 000	7 486 000	7 477 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 000	69 000	91 000	5 000
Creditors	937 000	960 000	690 000	1 807 000
Unpaid Taxes	1 795 000	1 810 000	1 710 000	1 545 000
Dividends	1 000 000	0	0	0
Other Current Debt	2 226 000	1 318 000	1 350 000	1 405 000
Total Current Debt	5 483 000	4 506 000	4 233 000	5 309 000
Total Equity and Debt	11 108 000	9 463 000	11 810 000	12 792 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,55 %	28,67 %	26,84 %	28,96 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0
Operating Profit Margin	6,08 %	4,9 %	6,85 %	7,48 %
Current Ratio	1,6	1,52	2,18	1,85
Quick Ratio	1,82	1,62	2,4	2,25
Equity Ratio	0,5	0,52	0,63	0,58
Gross Profit Margin	63,02 %	61,76 %	60,57 %	65,37 %