BORGAR KITTILSEN EIENDOM AS

3725 SKIEN

Finances

Share Ownership

Return on Equity

14,56 %

Current Ratio

4,83

Debt-to-Equity Ratio

2,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	360 000
Net Income	97 000	64 000	66 000	39 000
Total Assets	2 220 000	2 501 000	3 330 000	3 150 000
Total Equity	666 000	569 000	505 000	439 000

Income (NOK)	2022	2021	2020	2019
Revenue	360 000	360 000	360 000	360 000
Expenditure	169 000	174 000	176 000	214 000
Operating Profit	192 000	186 000	185 000	146 000
Financial Income	1 000	4 000	7 000	7 000
Financial Costs	69 000	108 000	108 000	103 000
Financial Balance	−68 000	−104 000	−101 000	−96 000
Earnings Before Tax	124 000	83 000	84 000	50 000
Tax	27 000	18 000	18 000	11 000
Net Income	97 000	64 000	66 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 075 000	2 174 000	2 272 000	2 371 000
Total Current Assets	145 000	328 000	1 058 000	779 000
Total Assets	2 220 000	2 501 000	3 330 000	3 150 000
Total Retained Equity	320 000	223 000	159 000	93 000
Total Equity	666 000	569 000	505 000	439 000
Total Long-Term Debt	1 523 000	1 912 000	2 806 000	2 699 000
Total Current Debt	30 000	20 000	20 000	11 000
Total Equity and Debt	2 220 000	2 501 000	3 330 000	3 150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	360 000	360 000	360 000	360 000
Revenue	360 000	360 000	360 000	360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	99 000	99 000	99 000	99 000
Impairment	0	0	0	0
Expenditure	169 000	174 000	176 000	214 000
Operating Profit	192 000	186 000	185 000	146 000
Financial Income	1 000	4 000	7 000	7 000
Financial Costs	69 000	108 000	108 000	103 000
Financial Balance	−68 000	−104 000	−101 000	−96 000
Dividends	0	0	0	0
Net Income	97 000	64 000	66 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 075 000	2 174 000	2 272 000	2 371 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 075 000	2 174 000	2 272 000	2 371 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 075 000	2 174 000	2 272 000	2 371 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	145 000	309 000	1 058 000	779 000
Total Current Assets	145 000	328 000	1 058 000	779 000
Total Assets	2 220 000	2 501 000	3 330 000	3 150 000
Total Equity	666 000	569 000	505 000	439 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 523 000	1 912 000	2 806 000	2 699 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	30 000	20 000	20 000	11 000
Total Equity and Debt	2 220 000	2 501 000	3 330 000	3 150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,56 %	11,25 %	13,07 %	8,88 %
Debt-to-Equity Ratio	2,29	3,36	5,56	6,15
Operating Profit Margin	53,33 %	51,67 %	51,39 %	40,56 %
Current Ratio	4,83	16,4	52,9	70,82
Quick Ratio	4,83	16,4	52,9	70,82
Equity Ratio	0,3	0,23	0,15	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %