HÅNDVERKERVEIEN 5 B OG C AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

40,63 %

Current Ratio

0,55

Debt-to-Equity Ratio

16,95

Key figures (NOK)	2022	2021	2020
Revenue	281 000	277 000	283 000
Net Income	26 000	15 000	−8 000
Total Assets	1 245 000	1 257 000	1 297 000
Total Equity	64 000	37 000	22 000

Income (NOK)	2022	2021	2020
Revenue	281 000	277 000	283 000
Expenditure	183 000	203 000	220 000
Operating Profit	98 000	74 000	63 000
Financial Income	0	0	0
Financial Costs	64 000	57 000	70 000
Financial Balance	−64 000	−57 000	−70 000
Earnings Before Tax	34 000	17 000	−8 000
Tax	7 000	2 000	0
Net Income	26 000	15 000	−8 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 193 000	1 243 000	1 272 000
Total Current Assets	53 000	14 000	26 000
Total Assets	1 245 000	1 257 000	1 297 000
Total Retained Equity	34 000	7 000	−8 000
Total Equity	64 000	37 000	22 000
Total Long-Term Debt	1 085 000	1 171 000	1 263 000
Total Current Debt	97 000	48 000	12 000
Total Equity and Debt	1 245 000	1 257 000	1 297 000

Cash flow (NOK)	2022	2021	2020
Sales Income	34 000	30 000	26 000
Other Income	247 000	247 000	257 000
Revenue	281 000	277 000	283 000
Cost of Goods Sold	3 000	0	82 000
Salary Costs	0	0	0
Depreciation	50 000	29 000	68 000
Impairment	0	0	0
Expenditure	183 000	203 000	220 000
Operating Profit	98 000	74 000	63 000
Financial Income	0	0	0
Financial Costs	64 000	57 000	70 000
Financial Balance	−64 000	−57 000	−70 000
Dividends	0	0	0
Net Income	26 000	15 000	−8 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 149 000	1 178 000	1 187 000
Machinery and Plant Facilities	44 000	65 000	85 000
Fixtures	0	0	0
Total Tangible Assets	1 193 000	1 243 000	1 272 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 193 000	1 243 000	1 272 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	51 000	14 000	26 000
Total Current Assets	53 000	14 000	26 000
Total Assets	1 245 000	1 257 000	1 297 000
Total Equity	64 000	37 000	22 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 085 000	1 171 000	1 263 000
Creditors	56 000	0	2 000
Unpaid Taxes	0	48 000	10 000
Dividends	0	0	0
Other Current Debt	41 000	0	0
Total Current Debt	97 000	48 000	12 000
Total Equity and Debt	1 245 000	1 257 000	1 297 000

Financial indicators	2022	2021	2020
Return on Equity	40,63 %	40,54 %	−36,36 %
Debt-to-Equity Ratio	16,95	31,65	57,41
Operating Profit Margin	34,88 %	26,71 %	22,26 %
Current Ratio	0,55	0,29	2,17
Quick Ratio	0,55	0,29	2,17
Equity Ratio	0,05	0,03	0,02
Gross Profit Margin	98,93 %	100 %	71,02 %