BORTHEN MOTORSPORT AS

1914 YTRE ENEBAKK

Finances

Share Ownership

Return on Equity

7,33 %

Current Ratio

0,01

Debt-to-Equity Ratio

−0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−73 000	−64 000	−52 000	−48 000
Total Assets	57 000	87 000	94 000	111 000
Total Equity	−996 000	−922 000	−858 000	−807 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	34 000	43 000	50 000	48 000
Operating Profit	−34 000	−43 000	−50 000	−48 000
Financial Income	0	0	0	0
Financial Costs	39 000	22 000	1 000	0
Financial Balance	−39 000	−22 000	−1 000	0
Earnings Before Tax	−73 000	−64 000	−52 000	−48 000
Tax	0	0	0	0
Net Income	−73 000	−64 000	−52 000	−48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	68 000	85 000	106 000
Total Current Assets	3 000	19 000	9 000	5 000
Total Assets	57 000	87 000	94 000	111 000
Total Retained Equity	−1 096 000	−1 022 000	−958 000	−907 000
Total Equity	−996 000	−922 000	−858 000	−807 000
Total Long-Term Debt	648 000	614 000	553 000	518 000
Total Current Debt	405 000	395 000	399 000	400 000
Total Equity and Debt	57 000	87 000	94 000	111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	14 000	17 000	21 000	27 000
Impairment	0	0	0	0
Expenditure	34 000	43 000	50 000	48 000
Operating Profit	−34 000	−43 000	−50 000	−48 000
Financial Income	0	0	0	0
Financial Costs	39 000	22 000	1 000	0
Financial Balance	−39 000	−22 000	−1 000	0
Dividends	0	0	0	0
Net Income	−73 000	−64 000	−52 000	−48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	22 000	0	0	0
Fixtures	32 000	68 000	85 000	106 000
Total Tangible Assets	54 000	68 000	85 000	106 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	68 000	85 000	106 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	19 000	5 000	2 000
Total Current Assets	3 000	19 000	9 000	5 000
Total Assets	57 000	87 000	94 000	111 000
Total Equity	−996 000	−922 000	−858 000	−807 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	648 000	614 000	553 000	518 000
Creditors	−6 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	411 000	395 000	399 000	400 000
Total Current Debt	405 000	395 000	399 000	400 000
Total Equity and Debt	57 000	87 000	94 000	111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,33 %	6,94 %	6,06 %	5,95 %
Debt-to-Equity Ratio	−0,65	−0,67	−0,64	−0,64
Operating Profit Margin	-	-	-	-
Current Ratio	0,01	0,05	0,02	0,01
Quick Ratio	0,01	0,05	0,02	0,01
Equity Ratio	−17,47	−10,6	−9,13	−7,27
Gross Profit Margin	-	-	-	-