FAG BORGEN AS

1086 OSLO

Finances

Share Ownership

Return on Equity

57,9 %

Current Ratio

0,65

Debt-to-Equity Ratio

18,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 299 000	3 384 000	3 353 000	3 116 000
Net Income	1 158 000	981 000	646 000	294 000
Total Assets	39 858 000	40 297 000	41 144 000	41 915 000
Total Equity	2 000 000	1 561 000	1 062 000	670 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 299 000	3 384 000	3 353 000	3 116 000
Expenditure	723 000	975 000	1 437 000	1 638 000
Operating Profit	2 576 000	2 409 000	1 917 000	1 479 000
Financial Income	7 000	0	1 000	144 000
Financial Costs	1 099 000	1 151 000	1 089 000	1 250 000
Financial Balance	−1 092 000	−1 151 000	−1 088 000	−1 106 000
Earnings Before Tax	1 484 000	1 258 000	829 000	373 000
Tax	327 000	277 000	182 000	79 000
Net Income	1 158 000	981 000	646 000	294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 190 000	39 714 000	40 239 000	41 224 000
Total Current Assets	668 000	583 000	904 000	691 000
Total Assets	39 858 000	40 297 000	41 144 000	41 915 000
Total Retained Equity	1 900 000	1 461 000	962 000	570 000
Total Equity	2 000 000	1 561 000	1 062 000	670 000
Total Long-Term Debt	36 822 000	37 982 000	39 567 000	20 719 000
Total Current Debt	1 035 000	754 000	514 000	20 527 000
Total Equity and Debt	39 858 000	40 297 000	41 144 000	41 915 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 209 000	3 353 000	3 353 000	0
Other Income	90 000	30 000	0	3 116 000
Revenue	3 299 000	3 384 000	3 353 000	3 116 000
Cost of Goods Sold	90 000	266 000	301 000	65 000
Salary Costs	0	0	0	0
Depreciation	399 000	400 000	860 000	1 056 000
Impairment	0	0	0	0
Expenditure	723 000	975 000	1 437 000	1 638 000
Operating Profit	2 576 000	2 409 000	1 917 000	1 479 000
Financial Income	7 000	0	1 000	144 000
Financial Costs	1 099 000	1 151 000	1 089 000	1 250 000
Financial Balance	−1 092 000	−1 151 000	−1 088 000	−1 106 000
Dividends	0	0	0	0
Net Income	1 158 000	981 000	646 000	294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	38 688 000	39 087 000	39 486 000	40 346 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	38 688 000	39 087 000	39 486 000	40 346 000
Total Fiancial Fixed Assets	502 000	627 000	753 000	878 000
Total Fixed Assets	39 190 000	39 714 000	40 239 000	41 224 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	416 000	366 000	550 000	33 000
Total Current Assets	668 000	583 000	904 000	691 000
Total Assets	39 858 000	40 297 000	41 144 000	41 915 000
Total Equity	2 000 000	1 561 000	1 062 000	670 000
Short-Term Group Debt	920 000	619 000	325 000	6 579 000
Total Long-Term Debt	36 822 000	37 982 000	39 567 000	20 719 000
Creditors	14 000	59 000	86 000	850 000
Unpaid Taxes	100 000	72 000	74 000	0
Dividends	0	0	0	0
Other Current Debt	0	4 000	28 000	13 098 000
Total Current Debt	1 035 000	754 000	514 000	20 527 000
Total Equity and Debt	39 858 000	40 297 000	41 144 000	41 915 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,9 %	62,84 %	60,83 %	43,88 %
Debt-to-Equity Ratio	18,41	24,33	37,26	30,92
Operating Profit Margin	78,08 %	71,19 %	57,17 %	47,46 %
Current Ratio	0,65	0,77	1,76	0,03
Quick Ratio	0,65	0,77	1,76	0,03
Equity Ratio	0,05	0,04	0,03	0,02
Gross Profit Margin	97,27 %	92,14 %	91,02 %	97,91 %