BORGAR KITTILSEN AS

3725 SKIEN

Finances

Share Ownership

Return on Equity

11,54 %

Current Ratio

1,75

Debt-to-Equity Ratio

4,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 200 000	1 200 000	760 000	720 000
Net Income	216 000	197 000	−8 000	266 000
Total Assets	10 197 000	10 955 000	10 589 000	6 214 000
Total Equity	1 871 000	1 655 000	1 458 000	1 466 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 200 000	1 200 000	760 000	720 000
Expenditure	577 000	579 000	522 000	215 000
Operating Profit	623 000	622 000	238 000	505 000
Financial Income	2 000	3 000	10 000	14 000
Financial Costs	349 000	372 000	258 000	178 000
Financial Balance	−347 000	−369 000	−248 000	−164 000
Earnings Before Tax	276 000	252 000	−10 000	342 000
Tax	61 000	56 000	−2 000	75 000
Net Income	216 000	197 000	−8 000	266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 989 000	10 354 000	10 163 000	4 579 000
Total Current Assets	208 000	601 000	426 000	1 636 000
Total Assets	10 197 000	10 955 000	10 589 000	6 214 000
Total Retained Equity	1 771 000	1 555 000	1 358 000	1 366 000
Total Equity	1 871 000	1 655 000	1 458 000	1 466 000
Total Long-Term Debt	8 208 000	9 246 000	8 900 000	4 643 000
Total Current Debt	119 000	53 000	231 000	105 000
Total Equity and Debt	10 197 000	10 955 000	10 589 000	6 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 200 000	1 200 000	760 000	720 000
Other Income	0	0	0	0
Revenue	1 200 000	1 200 000	760 000	720 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	499 000	486 000	148 000	148 000
Impairment	0	0	0	0
Expenditure	577 000	579 000	522 000	215 000
Operating Profit	623 000	622 000	238 000	505 000
Financial Income	2 000	3 000	10 000	14 000
Financial Costs	349 000	372 000	258 000	178 000
Financial Balance	−347 000	−369 000	−248 000	−164 000
Dividends	0	0	0	0
Net Income	216 000	197 000	−8 000	266 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 989 000	10 354 000	10 163 000	4 579 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 989 000	10 354 000	10 163 000	4 579 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 989 000	10 354 000	10 163 000	4 579 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	160 000	580 000	257 000	1 636 000
Total Current Assets	208 000	601 000	426 000	1 636 000
Total Assets	10 197 000	10 955 000	10 589 000	6 214 000
Total Equity	1 871 000	1 655 000	1 458 000	1 466 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 208 000	9 246 000	8 900 000	4 643 000
Creditors	0	0	231 000	0
Unpaid Taxes	50 000	0	0	30 000
Dividends	0	0	0	0
Other Current Debt	14 000	12 000	0	0
Total Current Debt	119 000	53 000	231 000	105 000
Total Equity and Debt	10 197 000	10 955 000	10 589 000	6 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,54 %	11,9 %	−0,55 %	18,14 %
Debt-to-Equity Ratio	4,39	5,59	6,1	3,17
Operating Profit Margin	51,92 %	51,83 %	31,32 %	70,14 %
Current Ratio	1,75	11,34	1,84	15,58
Quick Ratio	1,75	11,34	1,84	15,58
Equity Ratio	0,18	0,15	0,14	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %