BOREAL YACHTING AS

9105 KVALØYA

Finances

Share Ownership

Return on Equity

46,75 %

Current Ratio

0,56

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 794 000	8 019 000	4 134 000	10 337 000
Net Income	1 757 000	1 133 000	−2 235 000	384 000
Total Assets	12 359 000	12 516 000	10 053 000	5 942 000
Total Equity	3 758 000	2 002 000	868 000	1 004 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 794 000	8 019 000	4 134 000	10 337 000
Expenditure	10 561 000	6 362 000	6 307 000	9 699 000
Operating Profit	2 234 000	1 658 000	−2 173 000	638 000
Financial Income	284 000	38 000	73 000	42 000
Financial Costs	349 000	278 000	125 000	197 000
Financial Balance	−65 000	−240 000	−52 000	−155 000
Earnings Before Tax	2 168 000	1 418 000	−2 225 000	483 000
Tax	412 000	285 000	10 000	99 000
Net Income	1 757 000	1 133 000	−2 235 000	384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 555 000	8 412 000	8 547 000	3 088 000
Total Current Assets	2 804 000	4 104 000	1 506 000	2 854 000
Total Assets	12 359 000	12 516 000	10 053 000	5 942 000
Total Retained Equity	2 956 000	1 200 000	66 000	202 000
Total Equity	3 758 000	2 002 000	868 000	1 004 000
Total Long-Term Debt	3 570 000	3 906 000	4 649 000	1 549 000
Total Current Debt	5 030 000	6 608 000	4 535 000	3 390 000
Total Equity and Debt	12 359 000	12 516 000	10 053 000	5 942 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 263 000	4 923 000	3 003 000	10 332 000
Other Income	531 000	3 096 000	1 131 000	5 000
Revenue	12 794 000	8 019 000	4 134 000	10 337 000
Cost of Goods Sold	135 000	159 000	3 000	276 000
Salary Costs	3 015 000	1 957 000	1 770 000	2 644 000
Depreciation	825 000	427 000	461 000	−204 000
Impairment	0	0	0	0
Expenditure	10 561 000	6 362 000	6 307 000	9 699 000
Operating Profit	2 234 000	1 658 000	−2 173 000	638 000
Financial Income	284 000	38 000	73 000	42 000
Financial Costs	349 000	278 000	125 000	197 000
Financial Balance	−65 000	−240 000	−52 000	−155 000
Dividends	0	0	0	0
Net Income	1 757 000	1 133 000	−2 235 000	384 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 569 000	0	5 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	148 000	257 000	373 000
Total Tangible Assets	7 960 000	8 393 000	8 523 000	2 755 000
Total Fiancial Fixed Assets	26 000	19 000	18 000	317 000
Total Fixed Assets	9 555 000	8 412 000	8 547 000	3 088 000
Stock	412 000	420 000	521 000	433 000
Total Investments	0	0	0	0
Cash, Bank	937 000	3 444 000	387 000	1 104 000
Total Current Assets	2 804 000	4 104 000	1 506 000	2 854 000
Total Assets	12 359 000	12 516 000	10 053 000	5 942 000
Total Equity	3 758 000	2 002 000	868 000	1 004 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 570 000	3 906 000	4 649 000	1 549 000
Creditors	1 158 000	1 299 000	129 000	330 000
Unpaid Taxes	239 000	207 000	165 000	256 000
Dividends	0	0	0	0
Other Current Debt	3 482 000	5 103 000	4 242 000	2 784 000
Total Current Debt	5 030 000	6 608 000	4 535 000	3 390 000
Total Equity and Debt	12 359 000	12 516 000	10 053 000	5 942 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,75 %	56,59 %	−257,49 %	38,25 %
Debt-to-Equity Ratio	0,95	1,95	5,36	1,54
Operating Profit Margin	17,46 %	20,68 %	−52,56 %	6,17 %
Current Ratio	0,56	0,62	0,33	0,84
Quick Ratio	0,61	0,66	0,38	0,97
Equity Ratio	0,3	0,16	0,09	0,17
Gross Profit Margin	98,94 %	98,02 %	99,93 %	97,33 %