BORGAR KITTILSEN HOLDING AS

3725 SKIEN

Finances

Return on Equity

15,5 %

Current Ratio

44,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 000	107 000	107 000	102 000
Net Income	1 013 000	4 224 000	2 183 000	149 000
Total Assets	6 551 000	20 572 000	20 253 000	19 061 000
Total Equity	6 534 000	20 397 000	20 173 000	18 990 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 000	107 000	107 000	102 000
Expenditure	170 000	290 000	278 000	286 000
Operating Profit	−114 000	−183 000	−171 000	−184 000
Financial Income	1 127 000	4 483 000	2 418 000	387 000
Financial Costs	0	0	0	0
Financial Balance	1 127 000	4 483 000	2 418 000	387 000
Earnings Before Tax	1 013 000	4 300 000	2 246 000	203 000
Tax	0	75 000	64 000	54 000
Net Income	1 013 000	4 224 000	2 183 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 801 000	8 222 000	17 325 000	13 001 000
Total Current Assets	749 000	12 350 000	2 928 000	6 060 000
Total Assets	6 551 000	20 572 000	20 253 000	19 061 000
Total Retained Equity	5 800 000	18 929 000	18 705 000	17 522 000
Total Equity	6 534 000	20 397 000	20 173 000	18 990 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 000	175 000	81 000	71 000
Total Equity and Debt	6 551 000	20 572 000	20 253 000	19 061 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	55 000	107 000	107 000	102 000
Revenue	55 000	107 000	107 000	102 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	154 000	154 000	154 000
Depreciation	0	42 000	42 000	42 000
Impairment	0	0	0	0
Expenditure	170 000	290 000	278 000	286 000
Operating Profit	−114 000	−183 000	−171 000	−184 000
Financial Income	1 127 000	4 483 000	2 418 000	387 000
Financial Costs	0	0	0	0
Financial Balance	1 127 000	4 483 000	2 418 000	387 000
Dividends	0	0	0	0
Net Income	1 013 000	4 224 000	2 183 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	1 893 000	1 935 000	1 977 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	1 893 000	1 935 000	1 977 000
Total Fiancial Fixed Assets	5 801 000	6 329 000	15 390 000	11 024 000
Total Fixed Assets	5 801 000	8 222 000	17 325 000	13 001 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	299 000	12 350 000	2 928 000	6 060 000
Total Current Assets	749 000	12 350 000	2 928 000	6 060 000
Total Assets	6 551 000	20 572 000	20 253 000	19 061 000
Total Equity	6 534 000	20 397 000	20 173 000	18 990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	82 000	0	0
Dividends	0	0	0	0
Other Current Debt	17 000	17 000	17 000	17 000
Total Current Debt	17 000	175 000	81 000	71 000
Total Equity and Debt	6 551 000	20 572 000	20 253 000	19 061 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,5 %	20,71 %	10,82 %	0,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−207,27 %	−171,03 %	−159,81 %	−180,39 %
Current Ratio	44,06	70,57	36,15	85,35
Quick Ratio	44,06	70,57	36,15	85,35
Equity Ratio	1	0,99	1	1
Gross Profit Margin	100 %	100 %	100 %	100 %