BORGUNDVEGEN 214 BORETTSLAG

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

35,72 %

Current Ratio

18,54

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 489 000	1 661 000	1 689 000	547 000
Net Income	2 131 000	1 224 000	1 277 000	126 000
Total Assets	13 467 000	13 344 000	13 244 000	13 174 000
Total Equity	5 966 000	3 835 000	2 611 000	1 335 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 489 000	1 661 000	1 689 000	547 000
Expenditure	214 000	300 000	230 000	204 000
Operating Profit	2 275 000	1 361 000	1 459 000	344 000
Financial Income	4 000	1 000	2 000	3 000
Financial Costs	149 000	138 000	184 000	220 000
Financial Balance	−145 000	−137 000	−182 000	−217 000
Earnings Before Tax	2 131 000	1 224 000	1 277 000	126 000
Tax	0	0	0	0
Net Income	2 131 000	1 224 000	1 277 000	126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 540 000	12 540 000	12 540 000	12 540 000
Total Current Assets	927 000	804 000	704 000	634 000
Total Assets	13 467 000	13 344 000	13 244 000	13 174 000
Total Retained Equity	5 926 000	3 795 000	2 571 000	1 295 000
Total Equity	5 966 000	3 835 000	2 611 000	1 335 000
Total Long-Term Debt	7 451 000	9 432 000	10 595 000	11 740 000
Total Current Debt	50 000	77 000	37 000	99 000
Total Equity and Debt	13 467 000	13 344 000	13 244 000	13 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 489 000	1 661 000	1 689 000	547 000
Revenue	2 489 000	1 661 000	1 689 000	547 000
Cost of Goods Sold	0	0	0	0
Salary Costs	14 000	14 000	13 000	13 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	214 000	300 000	230 000	204 000
Operating Profit	2 275 000	1 361 000	1 459 000	344 000
Financial Income	4 000	1 000	2 000	3 000
Financial Costs	149 000	138 000	184 000	220 000
Financial Balance	−145 000	−137 000	−182 000	−217 000
Dividends	0	0	0	0
Net Income	2 131 000	1 224 000	1 277 000	126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 540 000	12 540 000	12 540 000	12 540 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 540 000	12 540 000	12 540 000	12 540 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 540 000	12 540 000	12 540 000	12 540 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	922 000	733 000	700 000	568 000
Total Current Assets	927 000	804 000	704 000	634 000
Total Assets	13 467 000	13 344 000	13 244 000	13 174 000
Total Equity	5 966 000	3 835 000	2 611 000	1 335 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 451 000	9 432 000	10 595 000	11 740 000
Creditors	3 000	0	0	73 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 000	31 000	24 000	5 000
Total Current Debt	50 000	77 000	37 000	99 000
Total Equity and Debt	13 467 000	13 344 000	13 244 000	13 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,72 %	31,92 %	48,91 %	9,44 %
Debt-to-Equity Ratio	1,25	2,46	4,06	8,79
Operating Profit Margin	91,4 %	81,94 %	86,38 %	62,89 %
Current Ratio	18,54	10,44	19,03	6,4
Quick Ratio	18,54	10,44	19,03	6,4
Equity Ratio	0,44	0,29	0,2	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %