BORGAS AS

7713 STEINKJER

Finances

Return on Equity

3,58 %

Current Ratio

6,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	70 000	55 000	47 000	45 000
Net Income	25 000	−218 000	−63 000	289 000
Total Assets	729 000	730 000	905 000	959 000
Total Equity	698 000	674 000	892 000	955 000

Income (NOK)	2022	2021	2020	2019
Revenue	70 000	55 000	47 000	45 000
Expenditure	46 000	376 000	176 000	36 000
Operating Profit	24 000	−320 000	−129 000	10 000
Financial Income	26 000	59 000	38 000	285 000
Financial Costs	16 000	27 000	0	3 000
Financial Balance	10 000	32 000	38 000	282 000
Earnings Before Tax	34 000	−289 000	−91 000	291 000
Tax	9 000	−70 000	−28 000	2 000
Net Income	25 000	−218 000	−63 000	289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	530 000	577 000	495 000	467 000
Total Current Assets	198 000	153 000	410 000	492 000
Total Assets	729 000	730 000	905 000	959 000
Total Retained Equity	−217 000	−242 000	−24 000	39 000
Total Equity	698 000	674 000	892 000	955 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 000	56 000	14 000	4 000
Total Equity and Debt	729 000	730 000	905 000	959 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 000	55 000	47 000	45 000
Other Income	0	0	0	0
Revenue	70 000	55 000	47 000	45 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	326 000	97 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	46 000	376 000	176 000	36 000
Operating Profit	24 000	−320 000	−129 000	10 000
Financial Income	26 000	59 000	38 000	285 000
Financial Costs	16 000	27 000	0	3 000
Financial Balance	10 000	32 000	38 000	282 000
Dividends	0	0	0	0
Net Income	25 000	−218 000	−63 000	289 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	127 000	135 000	65 000	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	404 000	442 000	430 000	430 000
Total Fixed Assets	530 000	577 000	495 000	467 000
Stock	0	0	0	0
Total Investments	0	43 000	152 000	19 000
Cash, Bank	108 000	35 000	157 000	363 000
Total Current Assets	198 000	153 000	410 000	492 000
Total Assets	729 000	730 000	905 000	959 000
Total Equity	698 000	674 000	892 000	955 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	1 000	2 000
Unpaid Taxes	4 000	27 000	1 000	2 000
Dividends	0	0	0	0
Other Current Debt	26 000	26 000	12 000	0
Total Current Debt	30 000	56 000	14 000	4 000
Total Equity and Debt	729 000	730 000	905 000	959 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,58 %	−32,34 %	−7,06 %	30,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,29 %	−581,82 %	−274,47 %	22,22 %
Current Ratio	6,6	2,73	29,29	123
Quick Ratio	6,6	2,73	29,29	123
Equity Ratio	0,96	0,92	0,99	1
Gross Profit Margin	100 %	100 %	100 %	100 %