BORTHEN GRUPPEN AS

1914 YTRE ENEBAKK

Finances

Return on Equity

83,61 %

Current Ratio

4,26

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	187 167 000	30 774 000	14 184 000	23 538 000
Net Income	143 101 000	44 035 000	2 983 000	2 558 000
Total Assets	258 502 000	258 365 000	196 307 000	147 110 000
Total Equity	171 149 000	27 988 000	23 954 000	21 970 000

Income (NOK)	2022	2021	2020	2019
Revenue	187 167 000	30 774 000	14 184 000	23 538 000
Expenditure	11 249 000	5 231 000	2 992 000	3 883 000
Operating Profit	33 063 000	7 501 000	9 709 000	7 265 000
Financial Income	129 720 000	45 838 000	5 385 000	3 430 000
Financial Costs	14 378 000	9 259 000	10 971 000	7 498 000
Financial Balance	115 342 000	36 579 000	−5 586 000	−4 068 000
Earnings Before Tax	148 406 000	44 080 000	4 123 000	3 197 000
Tax	5 305 000	45 000	1 140 000	639 000
Net Income	143 101 000	44 035 000	2 983 000	2 558 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 380 000	114 836 000	130 696 000	111 516 000
Total Current Assets	181 122 000	143 529 000	65 611 000	35 594 000
Total Assets	258 502 000	258 365 000	196 307 000	147 110 000
Total Retained Equity	170 989 000	27 888 000	23 854 000	21 870 000
Total Equity	171 149 000	27 988 000	23 954 000	21 970 000
Total Long-Term Debt	44 862 000	185 073 000	152 957 000	114 165 000
Total Current Debt	42 491 000	45 303 000	19 397 000	10 974 000
Total Equity and Debt	258 502 000	258 365 000	196 307 000	147 110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	174 814 000	19 606 000	4 286 000	16 082 000
Other Income	12 353 000	11 169 000	9 897 000	7 456 000
Revenue	187 167 000	30 774 000	14 184 000	23 538 000
Cost of Goods Sold	4 121 000	653 000	499 000	802 000
Salary Costs	1 188 000	146 000	77 000	11 000
Depreciation	366 000	2 428 000	1 473 000	1 484 000
Impairment	0	0	0	0
Expenditure	11 249 000	5 231 000	2 992 000	3 883 000
Operating Profit	33 063 000	7 501 000	9 709 000	7 265 000
Financial Income	129 720 000	45 838 000	5 385 000	3 430 000
Financial Costs	14 378 000	9 259 000	10 971 000	7 498 000
Financial Balance	115 342 000	36 579 000	−5 586 000	−4 068 000
Dividends	0	40 000 000	1 000 000	0
Net Income	143 101 000	44 035 000	2 983 000	2 558 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	118 000	0	0	0
Real Eastate	23 823 000	96 272 000	94 833 000	75 302 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 136 000	1 322 000	156 000	88 000
Total Tangible Assets	24 959 000	97 594 000	94 989 000	75 390 000
Total Fiancial Fixed Assets	52 303 000	17 242 000	35 707 000	36 126 000
Total Fixed Assets	77 380 000	114 836 000	130 696 000	111 516 000
Stock	36 911 000	93 218 000	49 594 000	22 233 000
Total Investments	17 989 000	5 826 000	1 608 000	4 838 000
Cash, Bank	123 625 000	43 638 000	7 435 000	7 371 000
Total Current Assets	181 122 000	143 529 000	65 611 000	35 594 000
Total Assets	258 502 000	258 365 000	196 307 000	147 110 000
Total Equity	171 149 000	27 988 000	23 954 000	21 970 000
Short-Term Group Debt	245 000	0	0	0
Total Long-Term Debt	44 862 000	185 073 000	152 957 000	114 165 000
Creditors	3 567 000	2 731 000	10 802 000	4 062 000
Unpaid Taxes	702 000	8 000	5 000	5 000
Dividends	0	40 000 000	1 000 000	0
Other Current Debt	31 922 000	42 514 000	7 350 000	6 347 000
Total Current Debt	42 491 000	45 303 000	19 397 000	10 974 000
Total Equity and Debt	258 502 000	258 365 000	196 307 000	147 110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,61 %	157,34 %	12,45 %	11,64 %
Debt-to-Equity Ratio	0,26	6,61	6,39	5,2
Operating Profit Margin	17,66 %	24,37 %	68,45 %	30,86 %
Current Ratio	4,26	3,17	3,38	3,24
Quick Ratio	32,46	−3	−2,17	−3,16
Equity Ratio	0,66	0,11	0,12	0,15
Gross Profit Margin	97,8 %	97,88 %	96,48 %	96,59 %