HARTVEIT EIENDOM AS

5009 BERGEN

Finances

Return on Equity

57,48 %

Current Ratio

1,99

Debt-to-Equity Ratio

2,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 813 000	4 441 000	4 080 000	3 981 000
Net Income	1 503 000	954 000	383 000	−1 062 000
Total Assets	9 484 000	10 497 000	9 866 000	9 924 000
Total Equity	2 615 000	1 611 000	1 003 000	820 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 813 000	4 441 000	4 080 000	3 981 000
Expenditure	2 663 000	2 939 000	3 178 000	4 954 000
Operating Profit	2 151 000	1 502 000	901 000	−974 000
Financial Income	52 000	30 000	5 000	32 000
Financial Costs	280 000	312 000	416 000	423 000
Financial Balance	−228 000	−282 000	−411 000	−391 000
Earnings Before Tax	1 924 000	1 220 000	490 000	−1 364 000
Tax	420 000	266 000	108 000	−303 000
Net Income	1 503 000	954 000	383 000	−1 062 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 919 000	7 241 000	7 717 000	8 200 000
Total Current Assets	2 565 000	3 257 000	2 149 000	1 723 000
Total Assets	9 484 000	10 497 000	9 866 000	9 924 000
Total Retained Equity	2 515 000	1 511 000	903 000	720 000
Total Equity	2 615 000	1 611 000	1 003 000	820 000
Total Long-Term Debt	5 580 000	8 040 000	8 300 000	8 400 000
Total Current Debt	1 290 000	847 000	563 000	703 000
Total Equity and Debt	9 484 000	10 497 000	9 866 000	9 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 813 000	4 441 000	4 080 000	3 981 000
Revenue	4 813 000	4 441 000	4 080 000	3 981 000
Cost of Goods Sold	0	0	0	0
Salary Costs	585 000	590 000	575 000	577 000
Depreciation	356 000	375 000	375 000	375 000
Impairment	0	0	0	0
Expenditure	2 663 000	2 939 000	3 178 000	4 954 000
Operating Profit	2 151 000	1 502 000	901 000	−974 000
Financial Income	52 000	30 000	5 000	32 000
Financial Costs	280 000	312 000	416 000	423 000
Financial Balance	−228 000	−282 000	−411 000	−391 000
Dividends	480 000	300 000	200 000	200 000
Net Income	1 503 000	954 000	383 000	−1 062 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	273 000	238 000	340 000	448 000
Real Eastate	6 615 000	6 971 000	7 346 000	7 721 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 615 000	6 971 000	7 346 000	7 721 000
Total Fiancial Fixed Assets	32 000	32 000	32 000	32 000
Total Fixed Assets	6 919 000	7 241 000	7 717 000	8 200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 463 000	3 175 000	2 106 000	1 509 000
Total Current Assets	2 565 000	3 257 000	2 149 000	1 723 000
Total Assets	9 484 000	10 497 000	9 866 000	9 924 000
Total Equity	2 615 000	1 611 000	1 003 000	820 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 580 000	8 040 000	8 300 000	8 400 000
Creditors	81 000	76 000	107 000	225 000
Unpaid Taxes	156 000	144 000	136 000	107 000
Dividends	480 000	300 000	200 000	200 000
Other Current Debt	124 000	175 000	120 000	171 000
Total Current Debt	1 290 000	847 000	563 000	703 000
Total Equity and Debt	9 484 000	10 497 000	9 866 000	9 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,48 %	59,22 %	38,19 %	−129,51 %
Debt-to-Equity Ratio	2,13	4,99	8,28	10,24
Operating Profit Margin	44,69 %	33,82 %	22,08 %	−24,47 %
Current Ratio	1,99	3,85	3,82	2,45
Quick Ratio	1,99	3,85	3,82	2,45
Equity Ratio	0,28	0,15	0,1	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %