BORG ARMERING HOLDING AS

1718 GREÅKER

Finances

Return on Equity

13,76 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	107 603 000	114 711 000	78 870 000	138 115 000
Net Income	5 212 000	5 080 000	1 446 000	8 366 000
Total Assets	67 802 000	64 063 000	57 138 000	62 050 000
Total Equity	37 878 000	35 666 000	32 587 000	31 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	107 603 000	114 711 000	78 870 000	138 115 000
Expenditure	100 635 000	108 114 000	76 855 000	127 341 000
Operating Profit	6 969 000	6 596 000	1 915 000	10 775 000
Financial Income	259 000	150 000	207 000	186 000
Financial Costs	509 000	207 000	249 000	206 000
Financial Balance	−250 000	−57 000	−42 000	−20 000
Earnings Before Tax	6 719 000	6 539 000	1 873 000	10 756 000
Tax	1 508 000	1 459 000	427 000	2 390 000
Net Income	5 212 000	5 080 000	1 446 000	8 366 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 083 000	24 128 000	22 293 000	23 173 000
Total Current Assets	46 719 000	39 935 000	34 846 000	38 876 000
Total Assets	67 802 000	64 063 000	57 138 000	62 050 000
Total Retained Equity	34 049 000	31 838 000	28 758 000	27 312 000
Total Equity	37 878 000	35 666 000	32 587 000	31 140 000
Total Long-Term Debt	7 203 000	8 001 000	8 547 000	9 507 000
Total Current Debt	22 721 000	20 396 000	16 005 000	21 403 000
Total Equity and Debt	67 802 000	64 063 000	57 138 000	62 050 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	106 010 000	114 085 000	78 759 000	137 633 000
Other Income	1 593 000	626 000	111 000	482 000
Revenue	107 603 000	114 711 000	78 870 000	138 115 000
Cost of Goods Sold	54 678 000	56 688 000	33 941 000	54 312 000
Salary Costs	34 350 000	41 776 000	33 139 000	62 596 000
Depreciation	3 593 000	3 144 000	2 880 000	2 802 000
Impairment	0	0	0	0
Expenditure	100 635 000	108 114 000	76 855 000	127 341 000
Operating Profit	6 969 000	6 596 000	1 915 000	10 775 000
Financial Income	259 000	150 000	207 000	186 000
Financial Costs	509 000	207 000	249 000	206 000
Financial Balance	−250 000	−57 000	−42 000	−20 000
Dividends	0	2 000 000	0	0
Net Income	5 212 000	5 080 000	1 446 000	8 366 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 512 000	14 437 000	15 243 000	14 671 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 391 000	9 596 000	6 734 000	8 191 000
Total Tangible Assets	20 903 000	24 033 000	21 976 000	22 861 000
Total Fiancial Fixed Assets	180 000	95 000	316 000	312 000
Total Fixed Assets	21 083 000	24 128 000	22 293 000	23 173 000
Stock	13 112 000	9 169 000	5 822 000	5 918 000
Total Investments	0	0	0	0
Cash, Bank	19 320 000	20 446 000	18 403 000	25 146 000
Total Current Assets	46 719 000	39 935 000	34 846 000	38 876 000
Total Assets	67 802 000	64 063 000	57 138 000	62 050 000
Total Equity	37 878 000	35 666 000	32 587 000	31 140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 203 000	8 001 000	8 547 000	9 507 000
Creditors	7 539 000	8 476 000	3 354 000	3 780 000
Unpaid Taxes	4 508 000	3 818 000	4 552 000	3 370 000
Dividends	0	2 000 000	0	0
Other Current Debt	6 183 000	6 722 000	7 411 000	7 750 000
Total Current Debt	22 721 000	20 396 000	16 005 000	21 403 000
Total Equity and Debt	67 802 000	64 063 000	57 138 000	62 050 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,76 %	14,24 %	4,44 %	26,87 %
Debt-to-Equity Ratio	0,19	0,22	0,26	0,31
Operating Profit Margin	6,48 %	5,75 %	2,43 %	7,8 %
Current Ratio	2,06	1,96	2,18	1,82
Quick Ratio	4,86	3,56	3,42	2,51
Equity Ratio	0,56	0,56	0,57	0,5
Gross Profit Margin	49,19 %	50,58 %	56,97 %	60,68 %