HALDENVASSDRAGETS KANALSELSKAP AS

1870 ØRJE

Finances

Return on Equity

27,71 %

Current Ratio

1,34

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 237 000	6 976 000	3 959 000	4 144 000
Net Income	294 000	553 000	−238 000	290 000
Total Assets	5 756 000	6 402 000	4 790 000	4 570 000
Total Equity	1 061 000	767 000	215 000	453 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 237 000	6 976 000	3 959 000	4 144 000
Expenditure	6 873 000	6 270 000	4 301 000	3 813 000
Operating Profit	364 000	706 000	−343 000	332 000
Financial Income	14 000	4 000	42 000	44 000
Financial Costs	0	0	1 000	3 000
Financial Balance	14 000	4 000	41 000	41 000
Earnings Before Tax	377 000	709 000	−302 000	372 000
Tax	83 000	157 000	−64 000	82 000
Net Income	294 000	553 000	−238 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 026 000	1 110 000	1 070 000	952 000
Total Current Assets	4 730 000	5 293 000	3 720 000	3 617 000
Total Assets	5 756 000	6 402 000	4 790 000	4 570 000
Total Retained Equity	742 000	448 000	−104 000	134 000
Total Equity	1 061 000	767 000	215 000	453 000
Total Long-Term Debt	1 162 000	1 306 000	1 528 000	1 563 000
Total Current Debt	3 532 000	4 329 000	3 047 000	2 553 000
Total Equity and Debt	5 756 000	6 402 000	4 790 000	4 570 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 357 000	6 111 000	1 478 000	1 519 000
Other Income	880 000	865 000	2 481 000	2 625 000
Revenue	7 237 000	6 976 000	3 959 000	4 144 000
Cost of Goods Sold	128 000	175 000	0	0
Salary Costs	2 324 000	2 274 000	479 000	445 000
Depreciation	56 000	49 000	13 000	50 000
Impairment	0	0	0	0
Expenditure	6 873 000	6 270 000	4 301 000	3 813 000
Operating Profit	364 000	706 000	−343 000	332 000
Financial Income	14 000	4 000	42 000	44 000
Financial Costs	0	0	1 000	3 000
Financial Balance	14 000	4 000	41 000	41 000
Dividends	0	0	0	0
Net Income	294 000	553 000	−238 000	290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	264 000	291 000	435 000	371 000
Real Eastate	660 000	660 000	557 000	557 000
Machinery and Plant Facilities	40 000	53 000	0	0
Fixtures	62 000	105 000	78 000	24 000
Total Tangible Assets	762 000	818 000	635 000	581 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 026 000	1 110 000	1 070 000	952 000
Stock	6 000	3 000	0	0
Total Investments	0	0	0	0
Cash, Bank	3 309 000	2 944 000	1 316 000	460 000
Total Current Assets	4 730 000	5 293 000	3 720 000	3 617 000
Total Assets	5 756 000	6 402 000	4 790 000	4 570 000
Total Equity	1 061 000	767 000	215 000	453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 162 000	1 306 000	1 528 000	1 563 000
Creditors	681 000	796 000	294 000	646 000
Unpaid Taxes	361 000	165 000	205 000	87 000
Dividends	0	0	0	0
Other Current Debt	2 435 000	3 289 000	2 547 000	1 762 000
Total Current Debt	3 532 000	4 329 000	3 047 000	2 553 000
Total Equity and Debt	5 756 000	6 402 000	4 790 000	4 570 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,71 %	72,1 %	−110,7 %	64,02 %
Debt-to-Equity Ratio	1,1	1,7	7,11	3,45
Operating Profit Margin	5,03 %	10,12 %	−8,66 %	8,01 %
Current Ratio	1,34	1,22	1,22	1,42
Quick Ratio	1,34	1,22	1,22	1,42
Equity Ratio	0,18	0,12	0,04	0,1
Gross Profit Margin	98,23 %	97,49 %	100 %	100 %