HELGE BORDVIK AS

5302 STRUSSHAMN

Finances

Return on Equity

7,1 %

Current Ratio

32,52

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 676 000	1 831 000	3 461 000	1 997 000
Net Income	160 000	−99 000	380 000	261 000
Total Assets	2 417 000	2 749 000	2 830 000	2 469 000
Total Equity	2 253 000	2 093 000	2 192 000	1 812 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 676 000	1 831 000	3 461 000	1 997 000
Expenditure	1 467 000	1 954 000	2 962 000	1 646 000
Operating Profit	209 000	−123 000	498 000	351 000
Financial Income	3 000	2 000	1 000	0
Financial Costs	6 000	6 000	12 000	9 000
Financial Balance	−3 000	−4 000	−11 000	−9 000
Earnings Before Tax	206 000	−127 000	487 000	342 000
Tax	45 000	−28 000	107 000	81 000
Net Income	160 000	−99 000	380 000	261 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	172 000	310 000	396 000	508 000
Total Current Assets	2 244 000	2 438 000	2 434 000	1 961 000
Total Assets	2 417 000	2 749 000	2 830 000	2 469 000
Total Retained Equity	1 375 000	1 215 000	1 314 000	934 000
Total Equity	2 253 000	2 093 000	2 192 000	1 812 000
Total Long-Term Debt	94 000	150 000	327 000	401 000
Total Current Debt	69 000	506 000	310 000	256 000
Total Equity and Debt	2 417 000	2 749 000	2 830 000	2 469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 676 000	1 831 000	3 461 000	1 827 000
Other Income	0	0	0	170 000
Revenue	1 676 000	1 831 000	3 461 000	1 997 000
Cost of Goods Sold	602 000	1 015 000	2 065 000	998 000
Salary Costs	337 000	382 000	373 000	391 000
Depreciation	112 000	112 000	112 000	56 000
Impairment	0	0	0	0
Expenditure	1 467 000	1 954 000	2 962 000	1 646 000
Operating Profit	209 000	−123 000	498 000	351 000
Financial Income	3 000	2 000	1 000	0
Financial Costs	6 000	6 000	12 000	9 000
Financial Balance	−3 000	−4 000	−11 000	−9 000
Dividends	0	0	0	0
Net Income	160 000	−99 000	380 000	261 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	13 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	168 000	280 000	393 000	505 000
Total Tangible Assets	168 000	280 000	393 000	505 000
Total Fiancial Fixed Assets	0	17 000	3 000	4 000
Total Fixed Assets	172 000	310 000	396 000	508 000
Stock	58 000	71 000	51 000	46 000
Total Investments	784 000	784 000	784 000	0
Cash, Bank	844 000	226 000	514 000	564 000
Total Current Assets	2 244 000	2 438 000	2 434 000	1 961 000
Total Assets	2 417 000	2 749 000	2 830 000	2 469 000
Total Equity	2 253 000	2 093 000	2 192 000	1 812 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	94 000	150 000	327 000	401 000
Creditors	−47 000	438 000	155 000	23 000
Unpaid Taxes	23 000	30 000	9 000	130 000
Dividends	0	0	0	0
Other Current Debt	57 000	37 000	37 000	39 000
Total Current Debt	69 000	506 000	310 000	256 000
Total Equity and Debt	2 417 000	2 749 000	2 830 000	2 469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,1 %	−4,73 %	17,34 %	14,4 %
Debt-to-Equity Ratio	0,04	0,07	0,15	0,22
Operating Profit Margin	12,47 %	−6,72 %	14,39 %	17,58 %
Current Ratio	32,52	4,82	7,85	7,66
Quick Ratio	204	5,6	9,4	9,34
Equity Ratio	0,93	0,76	0,77	0,73
Gross Profit Margin	64,08 %	44,57 %	40,34 %	50,03 %