BORGWIK AS

0183 OSLO

Finances

Return on Equity

3,72 %

Current Ratio

11,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 481 000	21 927 000	3 579 000	3 500 000
Net Income	1 462 000	13 862 000	12 613 000	24 764 000
Total Assets	40 011 000	55 884 000	69 906 000	77 356 000
Total Equity	39 326 000	46 914 000	59 052 000	71 438 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 481 000	21 927 000	3 579 000	3 500 000
Expenditure	1 121 000	1 222 000	1 235 000	1 243 000
Operating Profit	1 360 000	20 705 000	2 344 000	2 257 000
Financial Income	411 000	22 363 000	11 717 000	23 195 000
Financial Costs	11 000	24 491 000	832 000	2 000
Financial Balance	400 000	−2 128 000	10 885 000	23 193 000
Earnings Before Tax	1 759 000	18 578 000	13 230 000	25 451 000
Tax	297 000	4 716 000	616 000	687 000
Net Income	1 462 000	13 862 000	12 613 000	24 764 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 012 000	32 043 000	56 464 000	60 282 000
Total Current Assets	7 999 000	23 841 000	13 443 000	17 074 000
Total Assets	40 011 000	55 884 000	69 906 000	77 356 000
Total Retained Equity	12 612 000	11 300 000	15 438 000	27 825 000
Total Equity	39 326 000	46 914 000	59 052 000	71 438 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	685 000	8 970 000	10 855 000	5 918 000
Total Equity and Debt	40 011 000	55 884 000	69 906 000	77 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	255 000	234 000	234 000	231 000
Other Income	2 226 000	21 693 000	3 345 000	3 269 000
Revenue	2 481 000	21 927 000	3 579 000	3 500 000
Cost of Goods Sold	0	0	0	0
Salary Costs	967 000	854 000	875 000	888 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 121 000	1 222 000	1 235 000	1 243 000
Operating Profit	1 360 000	20 705 000	2 344 000	2 257 000
Financial Income	411 000	22 363 000	11 717 000	23 195 000
Financial Costs	11 000	24 491 000	832 000	2 000
Financial Balance	400 000	−2 128 000	10 885 000	23 193 000
Dividends	0	3 000 000	10 000 000	5 000 000
Net Income	1 462 000	13 862 000	12 613 000	24 764 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 010 000	4 010 000	4 010 000	4 010 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	209 000	133 000	133 000	133 000
Total Tangible Assets	4 218 000	4 143 000	4 143 000	4 143 000
Total Fiancial Fixed Assets	27 794 000	27 900 000	52 321 000	56 139 000
Total Fixed Assets	32 012 000	32 043 000	56 464 000	60 282 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	154 000	5 451 000	13 386 000	16 862 000
Total Current Assets	7 999 000	23 841 000	13 443 000	17 074 000
Total Assets	40 011 000	55 884 000	69 906 000	77 356 000
Total Equity	39 326 000	46 914 000	59 052 000	71 438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	46 000	33 000	42 000	61 000
Unpaid Taxes	80 000	968 000	67 000	78 000
Dividends	0	3 000 000	10 000 000	5 000 000
Other Current Debt	262 000	254 000	129 000	92 000
Total Current Debt	685 000	8 970 000	10 855 000	5 918 000
Total Equity and Debt	40 011 000	55 884 000	69 906 000	77 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,72 %	29,55 %	21,36 %	34,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	54,82 %	94,43 %	65,49 %	64,49 %
Current Ratio	11,68	2,66	1,24	2,89
Quick Ratio	11,68	2,66	1,24	2,89
Equity Ratio	0,98	0,84	0,84	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %