BORGEN ELEKTRISKE AS

1387 ASKER

Finances

Share Ownership

Return on Equity

22,64 %

Current Ratio

2,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 008 000	3 015 000	2 848 000	2 537 000
Net Income	292 000	103 000	87 000	−53 000
Total Assets	1 924 000	1 696 000	1 306 000	1 250 000
Total Equity	1 290 000	998 000	894 000	807 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 008 000	3 015 000	2 848 000	2 537 000
Expenditure	2 632 000	2 880 000	2 736 000	2 603 000
Operating Profit	376 000	135 000	113 000	−66 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	2 000	3 000
Financial Balance	−2 000	−2 000	−2 000	−3 000
Earnings Before Tax	375 000	133 000	112 000	−68 000
Tax	82 000	29 000	25 000	−15 000
Net Income	292 000	103 000	87 000	−53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 000	65 000	99 000	150 000
Total Current Assets	1 845 000	1 631 000	1 207 000	1 100 000
Total Assets	1 924 000	1 696 000	1 306 000	1 250 000
Total Retained Equity	1 260 000	968 000	864 000	777 000
Total Equity	1 290 000	998 000	894 000	807 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	633 000	699 000	411 000	443 000
Total Equity and Debt	1 924 000	1 696 000	1 306 000	1 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 008 000	3 015 000	2 848 000	2 537 000
Other Income	0	0	0	0
Revenue	3 008 000	3 015 000	2 848 000	2 537 000
Cost of Goods Sold	987 000	1 191 000	1 260 000	917 000
Salary Costs	1 401 000	1 428 000	1 296 000	1 420 000
Depreciation	3 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	2 632 000	2 880 000	2 736 000	2 603 000
Operating Profit	376 000	135 000	113 000	−66 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	2 000	3 000
Financial Balance	−2 000	−2 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	292 000	103 000	87 000	−53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	3 000	2 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	47 000	0	4 000	8 000
Total Tangible Assets	47 000	0	4 000	8 000
Total Fiancial Fixed Assets	30 000	63 000	93 000	123 000
Total Fixed Assets	78 000	65 000	99 000	150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	825 000	807 000	897 000	489 000
Total Current Assets	1 845 000	1 631 000	1 207 000	1 100 000
Total Assets	1 924 000	1 696 000	1 306 000	1 250 000
Total Equity	1 290 000	998 000	894 000	807 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	67 000	152 000	73 000	92 000
Unpaid Taxes	342 000	318 000	203 000	244 000
Dividends	0	0	0	0
Other Current Debt	144 000	198 000	128 000	107 000
Total Current Debt	633 000	699 000	411 000	443 000
Total Equity and Debt	1 924 000	1 696 000	1 306 000	1 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,64 %	10,32 %	9,73 %	−6,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,5 %	4,48 %	3,97 %	−2,6 %
Current Ratio	2,91	2,33	2,94	2,48
Quick Ratio	2,91	2,33	2,94	2,48
Equity Ratio	0,67	0,59	0,68	0,65
Gross Profit Margin	67,19 %	60,5 %	55,76 %	63,85 %