BORGEÅSEN II AS

3711 SKIEN

Finances

Share Ownership

Return on Equity

19,53 %

Current Ratio

3,58

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 518 000	1 270 000	1 242 000	1 193 000
Net Income	773 000	715 000	649 000	641 000
Total Assets	4 394 000	4 067 000	5 335 000	6 675 000
Total Equity	3 959 000	3 557 000	4 842 000	4 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 518 000	1 270 000	1 242 000	1 193 000
Expenditure	528 000	374 000	441 000	418 000
Operating Profit	991 000	897 000	802 000	775 000
Financial Income	0	19 000	30 000	47 000
Financial Costs	0	0	0	0
Financial Balance	0	19 000	30 000	47 000
Earnings Before Tax	991 000	916 000	832 000	822 000
Tax	218 000	202 000	183 000	181 000
Net Income	773 000	715 000	649 000	641 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 614 000	3 679 000	3 745 000	3 811 000
Total Current Assets	781 000	387 000	1 590 000	2 864 000
Total Assets	4 394 000	4 067 000	5 335 000	6 675 000
Total Retained Equity	2 698 000	2 296 000	3 581 000	2 932 000
Total Equity	3 959 000	3 557 000	4 842 000	4 193 000
Total Long-Term Debt	217 000	220 000	222 000	224 000
Total Current Debt	218 000	289 000	270 000	2 258 000
Total Equity and Debt	4 394 000	4 067 000	5 335 000	6 675 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	18 000	0
Other Income	1 518 000	1 270 000	1 224 000	1 193 000
Revenue	1 518 000	1 270 000	1 242 000	1 193 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	66 000	66 000	66 000	45 000
Impairment	0	0	0	0
Expenditure	528 000	374 000	441 000	418 000
Operating Profit	991 000	897 000	802 000	775 000
Financial Income	0	19 000	30 000	47 000
Financial Costs	0	0	0	0
Financial Balance	0	19 000	30 000	47 000
Dividends	0	2 000 000	0	2 000 000
Net Income	773 000	715 000	649 000	641 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 614 000	3 679 000	3 745 000	3 811 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 614 000	3 679 000	3 745 000	3 811 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 614 000	3 679 000	3 745 000	3 811 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	197 000	312 000	1 490 000	2 802 000
Total Current Assets	781 000	387 000	1 590 000	2 864 000
Total Assets	4 394 000	4 067 000	5 335 000	6 675 000
Total Equity	3 959 000	3 557 000	4 842 000	4 193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	217 000	220 000	222 000	224 000
Creditors	28 000	38 000	25 000	45 000
Unpaid Taxes	7 000	4 000	10 000	6 000
Dividends	0	2 000 000	0	2 000 000
Other Current Debt	65 000	43 000	51 000	30 000
Total Current Debt	218 000	289 000	270 000	2 258 000
Total Equity and Debt	4 394 000	4 067 000	5 335 000	6 675 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,53 %	20,1 %	13,4 %	15,29 %
Debt-to-Equity Ratio	0,05	0,06	0,05	0,05
Operating Profit Margin	65,28 %	70,63 %	64,57 %	64,96 %
Current Ratio	3,58	1,34	5,89	1,27
Quick Ratio	3,58	1,34	5,89	1,27
Equity Ratio	0,9	0,87	0,91	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %