BORGENVEIEN UTVIKLING AS

0373 OSLO

Finances

Return on Equity

−5,62 %

Current Ratio

4,6

Debt-to-Equity Ratio

−29,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	221 000	51 031 000	12 314 000	135 000
Net Income	89 000	617 000	−1 249 000	−1 070 000
Total Assets	45 911 000	40 999 000	63 401 000	59 113 000
Total Equity	−1 583 000	−1 672 000	−2 288 000	−1 039 000

Income (NOK)	2022	2021	2020	2019
Revenue	221 000	51 031 000	12 314 000	135 000
Expenditure	389 000	49 972 000	559 000	984 000
Operating Profit	−168 000	1 059 000	−245 000	−849 000
Financial Income	2 409 000	626 000	107 000	35 000
Financial Costs	2 152 000	1 069 000	1 111 000	304 000
Financial Balance	257 000	−443 000	−1 004 000	−269 000
Earnings Before Tax	89 000	617 000	−1 249 000	−1 117 000
Tax	0	0	0	−48 000
Net Income	89 000	617 000	−1 249 000	−1 070 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 691 000	28 626 000	15 315 000	1 619 000
Total Current Assets	221 000	12 373 000	48 085 000	57 494 000
Total Assets	45 911 000	40 999 000	63 401 000	59 113 000
Total Retained Equity	−1 613 000	−1 702 000	−2 318 000	−1 069 000
Total Equity	−1 583 000	−1 672 000	−2 288 000	−1 039 000
Total Long-Term Debt	47 446 000	29 916 000	45 000 000	45 000 000
Total Current Debt	48 000	12 754 000	20 689 000	15 153 000
Total Equity and Debt	45 911 000	40 999 000	63 401 000	59 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	50 809 000	12 000 000	18 000
Other Income	221 000	222 000	314 000	116 000
Revenue	221 000	51 031 000	12 314 000	135 000
Cost of Goods Sold	6 000	49 983 000	4 000	551 000
Salary Costs	2 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	389 000	49 972 000	559 000	984 000
Operating Profit	−168 000	1 059 000	−245 000	−849 000
Financial Income	2 409 000	626 000	107 000	35 000
Financial Costs	2 152 000	1 069 000	1 111 000	304 000
Financial Balance	257 000	−443 000	−1 004 000	−269 000
Dividends	0	0	0	0
Net Income	89 000	617 000	−1 249 000	−1 070 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	45 691 000	28 626 000	15 315 000	1 619 000
Total Fixed Assets	45 691 000	28 626 000	15 315 000	1 619 000
Stock	0	0	47 647 000	57 051 000
Total Investments	0	0	0	0
Cash, Bank	221 000	12 000	128 000	295 000
Total Current Assets	221 000	12 373 000	48 085 000	57 494 000
Total Assets	45 911 000	40 999 000	63 401 000	59 113 000
Total Equity	−1 583 000	−1 672 000	−2 288 000	−1 039 000
Short-Term Group Debt	0	12 134 000	18 420 000	11 461 000
Total Long-Term Debt	47 446 000	29 916 000	45 000 000	45 000 000
Creditors	42 000	98 000	156 000	390 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	522 000	2 113 000	3 302 000
Total Current Debt	48 000	12 754 000	20 689 000	15 153 000
Total Equity and Debt	45 911 000	40 999 000	63 401 000	59 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,62 %	−36,9 %	54,59 %	102,98 %
Debt-to-Equity Ratio	−29,97	−17,89	−19,67	−43,31
Operating Profit Margin	−76,02 %	2,08 %	−1,99 %	−628,89 %
Current Ratio	4,6	0,97	2,32	3,79
Quick Ratio	4,6	0,97	−1,78	−1,37
Equity Ratio	−0,03	−0,04	−0,04	−0,02
Gross Profit Margin	97,29 %	2,05 %	99,97 %	−308,15 %