BORÅSEN AS

4827 FROLANDS VERK

Finances

Share Ownership

Return on Equity

23,37 %

Current Ratio

70,84

Debt-to-Equity Ratio

−6,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−348 000	−255 000	−385 000	−338 000
Total Assets	7 931 000	7 940 000	7 920 000	7 844 000
Total Equity	−1 489 000	−1 141 000	−886 000	−505 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	58 000	50 000	54 000	39 000
Operating Profit	−58 000	−50 000	−54 000	−39 000
Financial Income	0	0	0	0
Financial Costs	290 000	205 000	331 000	299 000
Financial Balance	−290 000	−205 000	−331 000	−299 000
Earnings Before Tax	−348 000	−255 000	−385 000	−338 000
Tax	0	0	0	0
Net Income	−348 000	−255 000	−385 000	−338 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 626 000	1 626 000	1 626 000	1 626 000
Total Current Assets	6 305 000	6 314 000	6 294 000	6 218 000
Total Assets	7 931 000	7 940 000	7 920 000	7 844 000
Total Retained Equity	−2 389 000	−2 041 000	−1 786 000	−1 405 000
Total Equity	−1 489 000	−1 141 000	−886 000	−505 000
Total Long-Term Debt	9 331 000	9 027 000	8 745 000	8 244 000
Total Current Debt	89 000	54 000	61 000	105 000
Total Equity and Debt	7 931 000	7 940 000	7 920 000	7 844 000

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	0	0	0	0
Impairment	0	0	0	0
Expenditure	58 000	50 000	54 000	39 000
Operating Profit	−58 000	−50 000	−54 000	−39 000
Financial Income	0	0	0	0
Financial Costs	290 000	205 000	331 000	299 000
Financial Balance	−290 000	−205 000	−331 000	−299 000
Dividends	0	0	0	0
Net Income	−348 000	−255 000	−385 000	−338 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 626 000	1 626 000	1 626 000	1 626 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 626 000	1 626 000	1 626 000	1 626 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 626 000	1 626 000	1 626 000	1 626 000
Stock	6 281 000	6 276 000	6 267 000	6 192 000
Total Investments	0	0	0	0
Cash, Bank	1 000	18 000	8 000	8 000
Total Current Assets	6 305 000	6 314 000	6 294 000	6 218 000
Total Assets	7 931 000	7 940 000	7 920 000	7 844 000
Total Equity	−1 489 000	−1 141 000	−886 000	−505 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 331 000	9 027 000	8 745 000	8 244 000
Creditors	3 000	1 000	2 000	43 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	86 000	52 000	59 000	62 000
Total Current Debt	89 000	54 000	61 000	105 000
Total Equity and Debt	7 931 000	7 940 000	7 920 000	7 844 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,37 %	22,35 %	43,45 %	66,93 %
Debt-to-Equity Ratio	−6,27	−7,91	−9,87	−16,32
Operating Profit Margin	-	-	-	-
Current Ratio	70,84	116,93	103,18	59,22
Quick Ratio	−1,02	−1,01	−1,01	−1,02
Equity Ratio	−0,19	−0,14	−0,11	−0,06
Gross Profit Margin	-	-	-	-