BOREA ASSET MANAGEMENT AS

5059 BERGEN

Finances

Share Ownership

Return on Equity

182,42 %

Current Ratio

0,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 381 000	71 085 000	44 556 000	32 926 000
Net Income	18 968 000	20 641 000	11 871 000	7 092 000
Total Assets	65 829 000	66 595 000	36 091 000	27 842 000
Total Equity	10 398 000	8 969 000	7 952 000	6 815 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 381 000	71 085 000	44 556 000	32 926 000
Expenditure	41 124 000	50 057 000	28 603 000	22 984 000
Operating Profit	24 257 000	21 028 000	15 953 000	9 942 000
Financial Income	1 257 000	5 501 000	413 000	83 000
Financial Costs	39 000	46 000	475 000	396 000
Financial Balance	1 218 000	5 455 000	−62 000	−313 000
Earnings Before Tax	25 475 000	26 483 000	15 890 000	9 628 000
Tax	6 508 000	5 842 000	4 019 000	2 536 000
Net Income	18 968 000	20 641 000	11 871 000	7 092 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 619 000	36 266 000	11 742 000	4 233 000
Total Current Assets	24 209 000	30 329 000	24 349 000	23 609 000
Total Assets	65 829 000	66 595 000	36 091 000	27 842 000
Total Retained Equity	7 285 000	5 860 000	4 841 000	3 702 000
Total Equity	10 398 000	8 969 000	7 952 000	6 815 000
Total Long-Term Debt	44 000	0	0	0
Total Current Debt	55 386 000	57 626 000	28 139 000	21 027 000
Total Equity and Debt	65 829 000	66 595 000	36 091 000	27 842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	65 381 000	71 085 000	44 556 000	32 926 000
Revenue	65 381 000	71 085 000	44 556 000	32 926 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 324 000	39 811 000	19 441 000	16 617 000
Depreciation	247 000	75 000	53 000	41 000
Impairment	0	0	0	0
Expenditure	41 124 000	50 057 000	28 603 000	22 984 000
Operating Profit	24 257 000	21 028 000	15 953 000	9 942 000
Financial Income	1 257 000	5 501 000	413 000	83 000
Financial Costs	39 000	46 000	475 000	396 000
Financial Balance	1 218 000	5 455 000	−62 000	−313 000
Dividends	18 900 000	19 000 000	10 300 000	6 500 000
Net Income	18 968 000	20 641 000	11 871 000	7 092 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	13 000	74 000	62 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 405 000	150 000	86 000	96 000
Total Tangible Assets	2 405 000	150 000	86 000	96 000
Total Fiancial Fixed Assets	39 214 000	36 103 000	11 582 000	4 075 000
Total Fixed Assets	41 619 000	36 266 000	11 742 000	4 233 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 473 000	24 722 000	16 764 000	17 194 000
Total Current Assets	24 209 000	30 329 000	24 349 000	23 609 000
Total Assets	65 829 000	66 595 000	36 091 000	27 842 000
Total Equity	10 398 000	8 969 000	7 952 000	6 815 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 000	0	0	0
Creditors	532 000	443 000	190 000	188 000
Unpaid Taxes	4 551 000	1 240 000	1 221 000	1 147 000
Dividends	18 900 000	19 000 000	10 300 000	6 500 000
Other Current Debt	43 853 000	50 161 000	22 697 000	17 144 000
Total Current Debt	55 386 000	57 626 000	28 139 000	21 027 000
Total Equity and Debt	65 829 000	66 595 000	36 091 000	27 842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	182,42 %	230,14 %	149,28 %	104,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	37,1 %	29,58 %	35,8 %	30,19 %
Current Ratio	0,44	0,53	0,87	1,12
Quick Ratio	0,44	0,53	0,87	1,12
Equity Ratio	0,16	0,13	0,22	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %