ADOLF HORNELAND AS

5527 HAUGESUND

Finances

Return on Equity

0,04 %

Current Ratio

7,94

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	707 000	618 000	512 000	663 000
Net Income	2 000	570 000	556 000	558 000
Total Assets	6 455 000	6 897 000	6 783 000	6 365 000
Total Equity	5 444 000	5 442 000	5 872 000	5 317 000

Income (NOK)	2022	2021	2020	2019
Revenue	707 000	618 000	512 000	663 000
Expenditure	264 000	242 000	271 000	248 000
Operating Profit	444 000	376 000	241 000	416 000
Financial Income	7 000	277 000	369 000	236 000
Financial Costs	351 000	0	0	0
Financial Balance	−344 000	277 000	369 000	236 000
Earnings Before Tax	100 000	654 000	610 000	652 000
Tax	98 000	84 000	54 000	95 000
Net Income	2 000	570 000	556 000	558 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 835 000	3 896 000	3 958 000	4 022 000
Total Current Assets	2 620 000	3 001 000	2 825 000	2 344 000
Total Assets	6 455 000	6 897 000	6 783 000	6 365 000
Total Retained Equity	5 414 000	5 412 000	5 842 000	5 287 000
Total Equity	5 444 000	5 442 000	5 872 000	5 317 000
Total Long-Term Debt	681 000	706 000	733 000	764 000
Total Current Debt	330 000	749 000	178 000	285 000
Total Equity and Debt	6 455 000	6 897 000	6 783 000	6 365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	707 000	618 000	512 000	663 000
Revenue	707 000	618 000	512 000	663 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	1 000	1 000	1 000
Depreciation	61 000	62 000	63 000	65 000
Impairment	0	0	0	0
Expenditure	264 000	242 000	271 000	248 000
Operating Profit	444 000	376 000	241 000	416 000
Financial Income	7 000	277 000	369 000	236 000
Financial Costs	351 000	0	0	0
Financial Balance	−344 000	277 000	369 000	236 000
Dividends	0	1 000 000	0	0
Net Income	2 000	570 000	556 000	558 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 832 000	3 893 000	3 955 000	4 019 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 832 000	3 893 000	3 955 000	4 019 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	3 835 000	3 896 000	3 958 000	4 022 000
Stock	0	0	0	0
Total Investments	1 794 000	2 112 000	1 825 000	1 470 000
Cash, Bank	819 000	883 000	994 000	869 000
Total Current Assets	2 620 000	3 001 000	2 825 000	2 344 000
Total Assets	6 455 000	6 897 000	6 783 000	6 365 000
Total Equity	5 444 000	5 442 000	5 872 000	5 317 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	681 000	706 000	733 000	764 000
Creditors	29 000	0	0	0
Unpaid Taxes	148 000	130 000	93 000	141 000
Dividends	0	1 000 000	0	0
Other Current Debt	31 000	509 000	0	14 000
Total Current Debt	330 000	749 000	178 000	285 000
Total Equity and Debt	6 455 000	6 897 000	6 783 000	6 365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,04 %	10,47 %	9,47 %	10,49 %
Debt-to-Equity Ratio	0,13	0,13	0,12	0,14
Operating Profit Margin	62,8 %	60,84 %	47,07 %	62,75 %
Current Ratio	7,94	4,01	15,87	8,22
Quick Ratio	7,94	4,01	15,87	8,22
Equity Ratio	0,84	0,79	0,87	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %