HURDAL BIOVARME AS

2090 HURDAL

Finances

Share Ownership

Return on Equity

11,47 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 166 000	597 000	557 000	685 000
Net Income	114 000	−101 000	3 000	189 000
Total Assets	1 707 000	1 657 000	1 802 000	1 961 000
Total Equity	994 000	881 000	982 000	979 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 166 000	597 000	557 000	685 000
Expenditure	990 000	664 000	511 000	395 000
Operating Profit	177 000	−66 000	47 000	290 000
Financial Income	1 000	0	0	0
Financial Costs	36 000	35 000	42 000	48 000
Financial Balance	−35 000	−35 000	−42 000	−48 000
Earnings Before Tax	142 000	−101 000	5 000	242 000
Tax	28 000	0	2 000	53 000
Net Income	114 000	−101 000	3 000	189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 428 000	1 539 000	1 650 000	1 762 000
Total Current Assets	279 000	118 000	152 000	199 000
Total Assets	1 707 000	1 657 000	1 802 000	1 961 000
Total Retained Equity	244 000	131 000	232 000	229 000
Total Equity	994 000	881 000	982 000	979 000
Total Long-Term Debt	552 000	648 000	744 000	847 000
Total Current Debt	161 000	129 000	77 000	134 000
Total Equity and Debt	1 707 000	1 657 000	1 802 000	1 961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 166 000	597 000	401 000	685 000
Other Income	0	0	156 000	0
Revenue	1 166 000	597 000	557 000	685 000
Cost of Goods Sold	532 000	291 000	176 000	220 000
Salary Costs	0	0	0	0
Depreciation	111 000	111 000	111 000	98 000
Impairment	0	0	0	0
Expenditure	990 000	664 000	511 000	395 000
Operating Profit	177 000	−66 000	47 000	290 000
Financial Income	1 000	0	0	0
Financial Costs	36 000	35 000	42 000	48 000
Financial Balance	−35 000	−35 000	−42 000	−48 000
Dividends	0	0	0	0
Net Income	114 000	−101 000	3 000	189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 428 000	1 539 000	1 650 000	1 762 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 428 000	1 539 000	1 650 000	1 762 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 428 000	1 539 000	1 650 000	1 762 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	125 000	111 000	39 000	102 000
Total Current Assets	279 000	118 000	152 000	199 000
Total Assets	1 707 000	1 657 000	1 802 000	1 961 000
Total Equity	994 000	881 000	982 000	979 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	552 000	648 000	744 000	847 000
Creditors	128 000	105 000	56 000	71 000
Unpaid Taxes	0	19 000	7 000	0
Dividends	0	0	0	0
Other Current Debt	5 000	5 000	5 000	6 000
Total Current Debt	161 000	129 000	77 000	134 000
Total Equity and Debt	1 707 000	1 657 000	1 802 000	1 961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,47 %	−11,46 %	0,31 %	19,31 %
Debt-to-Equity Ratio	0,56	0,74	0,76	0,87
Operating Profit Margin	15,18 %	−11,06 %	8,44 %	42,34 %
Current Ratio	1,73	0,91	1,97	1,49
Quick Ratio	1,73	0,91	1,97	1,49
Equity Ratio	0,58	0,53	0,54	0,5
Gross Profit Margin	54,37 %	51,26 %	68,4 %	67,88 %