BORGERENGA AS

3514 HØNEFOSS

Finances

Return on Equity

42,68 %

Current Ratio

23,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	507 000	230 000	38 000	0
Net Income	4 773 000	525 000	8 969 000	8 315 000
Total Assets	11 496 000	15 478 000	21 415 000	17 480 000
Total Equity	11 182 000	11 409 000	17 884 000	12 415 000

Income (NOK)	2022	2021	2020	2019
Revenue	507 000	230 000	38 000	0
Expenditure	1 942 000	1 130 000	678 000	720 000
Operating Profit	−1 435 000	−901 000	−641 000	−720 000
Financial Income	6 348 000	1 752 000	9 595 000	9 137 000
Financial Costs	140 000	71 000	59 000	0
Financial Balance	6 208 000	1 681 000	9 536 000	9 137 000
Earnings Before Tax	4 773 000	780 000	8 896 000	8 418 000
Tax	0	255 000	−74 000	103 000
Net Income	4 773 000	525 000	8 969 000	8 315 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 223 000	10 499 000	9 309 000	8 301 000
Total Current Assets	7 274 000	4 979 000	12 106 000	9 179 000
Total Assets	11 496 000	15 478 000	21 415 000	17 480 000
Total Retained Equity	2 998 000	3 225 000	9 700 000	4 231 000
Total Equity	11 182 000	11 409 000	17 884 000	12 415 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	315 000	4 069 000	3 531 000	5 065 000
Total Equity and Debt	11 496 000	15 478 000	21 415 000	17 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	507 000	0	0	0
Other Income	0	230 000	38 000	0
Revenue	507 000	230 000	38 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 184 000	81 000	38 000	43 000
Depreciation	242 000	562 000	346 000	258 000
Impairment	0	0	0	0
Expenditure	1 942 000	1 130 000	678 000	720 000
Operating Profit	−1 435 000	−901 000	−641 000	−720 000
Financial Income	6 348 000	1 752 000	9 595 000	9 137 000
Financial Costs	140 000	71 000	59 000	0
Financial Balance	6 208 000	1 681 000	9 536 000	9 137 000
Dividends	5 000 000	7 000 000	3 500 000	5 000 000
Net Income	4 773 000	525 000	8 969 000	8 315 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	255 000	182 000
Real Eastate	1 667 000	1 667 000	1 667 000	1 667 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	338 000	3 072 000	1 170 000	712 000
Total Tangible Assets	2 005 000	4 739 000	2 837 000	2 378 000
Total Fiancial Fixed Assets	2 218 000	5 761 000	6 217 000	5 741 000
Total Fixed Assets	4 223 000	10 499 000	9 309 000	8 301 000
Stock	0	0	0	0
Total Investments	1 790 000	2 978 000	0	0
Cash, Bank	5 441 000	1 999 000	2 848 000	424 000
Total Current Assets	7 274 000	4 979 000	12 106 000	9 179 000
Total Assets	11 496 000	15 478 000	21 415 000	17 480 000
Total Equity	11 182 000	11 409 000	17 884 000	12 415 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	11 000	37 000
Unpaid Taxes	218 000	64 000	20 000	28 000
Dividends	5 000 000	7 000 000	3 500 000	5 000 000
Other Current Debt	96 000	4 005 000	3 500 000	5 000 000
Total Current Debt	315 000	4 069 000	3 531 000	5 065 000
Total Equity and Debt	11 496 000	15 478 000	21 415 000	17 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,68 %	4,6 %	50,15 %	66,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−283,04 %	−391,74 %	−1 686,84 %	-
Current Ratio	23,09	1,22	3,43	1,81
Quick Ratio	23,09	1,22	3,43	1,81
Equity Ratio	0,97	0,74	0,84	0,71
Gross Profit Margin	100 %	100 %	100 %	-