HÅ ELEMENT EIENDOM AS

4360 VARHAUG

Finances

Return on Equity

30,44 %

Current Ratio

0,85

Debt-to-Equity Ratio

5,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 334 000	3 201 000	3 416 000	3 222 000
Net Income	1 586 000	2 635 000	−1 327 000	4 895 000
Total Assets	34 855 000	39 027 000	35 840 000	57 348 000
Total Equity	5 211 000	3 625 000	5 989 000	12 316 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 334 000	3 201 000	3 416 000	3 222 000
Expenditure	690 000	309 000	4 253 000	2 646 000
Operating Profit	2 644 000	2 892 000	−837 000	576 000
Financial Income	605 000	1 348 000	22 000	5 246 000
Financial Costs	1 376 000	1 155 000	885 000	733 000
Financial Balance	−771 000	193 000	−863 000	4 513 000
Earnings Before Tax	1 873 000	3 084 000	−1 701 000	5 089 000
Tax	287 000	449 000	−374 000	194 000
Net Income	1 586 000	2 635 000	−1 327 000	4 895 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 730 000	34 466 000	35 383 000	40 716 000
Total Current Assets	1 124 000	4 561 000	458 000	16 633 000
Total Assets	34 855 000	39 027 000	35 840 000	57 348 000
Total Retained Equity	1 586 000	0	1 834 000	8 161 000
Total Equity	5 211 000	3 625 000	5 989 000	12 316 000
Total Long-Term Debt	28 320 000	29 500 000	29 500 000	29 500 000
Total Current Debt	1 324 000	5 903 000	351 000	15 533 000
Total Equity and Debt	34 855 000	39 027 000	35 840 000	57 348 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 334 000	3 201 000	3 416 000	3 222 000
Revenue	3 334 000	3 201 000	3 416 000	3 222 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	616 000	703 000	895 000	895 000
Impairment	0	0	0	1 500 000
Expenditure	690 000	309 000	4 253 000	2 646 000
Operating Profit	2 644 000	2 892 000	−837 000	576 000
Financial Income	605 000	1 348 000	22 000	5 246 000
Financial Costs	1 376 000	1 155 000	885 000	733 000
Financial Balance	−771 000	193 000	−863 000	4 513 000
Dividends	0	5 000 000	0	15 400 000
Net Income	1 586 000	2 635 000	−1 327 000	4 895 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	528 000	621 000	830 000	283 000
Real Eastate	32 737 000	33 353 000	34 057 000	39 950 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	32 737 000	33 353 000	34 057 000	39 950 000
Total Fiancial Fixed Assets	465 000	492 000	495 000	483 000
Total Fixed Assets	33 730 000	34 466 000	35 383 000	40 716 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	548 000	2 451 000	128 000	3 887 000
Total Current Assets	1 124 000	4 561 000	458 000	16 633 000
Total Assets	34 855 000	39 027 000	35 840 000	57 348 000
Total Equity	5 211 000	3 625 000	5 989 000	12 316 000
Short-Term Group Debt	1 031 000	774 000	0	0
Total Long-Term Debt	28 320 000	29 500 000	29 500 000	29 500 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	129 000	126 000
Dividends	0	5 000 000	0	15 400 000
Other Current Debt	99 000	60 000	48 000	7 000
Total Current Debt	1 324 000	5 903 000	351 000	15 533 000
Total Equity and Debt	34 855 000	39 027 000	35 840 000	57 348 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,44 %	72,69 %	−22,16 %	39,75 %
Debt-to-Equity Ratio	5,43	8,14	4,93	2,4
Operating Profit Margin	79,3 %	90,35 %	−24,5 %	17,88 %
Current Ratio	0,85	0,77	1,3	1,07
Quick Ratio	0,85	0,77	1,3	1,07
Equity Ratio	0,15	0,09	0,17	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %