HURDAL UTVIKLING AS

2090 HURDAL

Finances

Return on Equity

18,24 %

Current Ratio

3,51

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	619 000	474 000	0	21 000
Net Income	189 000	19 000	−266 000	−300 000
Total Assets	2 409 000	1 851 000	3 751 000	3 822 000
Total Equity	1 036 000	847 000	828 000	1 095 000

Income (NOK)	2022	2021	2020	2019
Revenue	619 000	474 000	0	21 000
Expenditure	376 000	390 000	183 000	315 000
Operating Profit	243 000	83 000	−183 000	−294 000
Financial Income	0	0	0	0
Financial Costs	0	64 000	88 000	90 000
Financial Balance	0	−64 000	−88 000	−90 000
Earnings Before Tax	243 000	19 000	−271 000	−384 000
Tax	53 000	0	−4 000	−84 000
Net Income	189 000	19 000	−266 000	−300 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 099 000	844 000	3 678 000	3 752 000
Total Current Assets	1 310 000	1 006 000	73 000	70 000
Total Assets	2 409 000	1 851 000	3 751 000	3 822 000
Total Retained Equity	436 000	247 000	228 000	495 000
Total Equity	1 036 000	847 000	828 000	1 095 000
Total Long-Term Debt	1 000 000	1 000 000	2 919 000	2 172 000
Total Current Debt	373 000	4 000	4 000	555 000
Total Equity and Debt	2 409 000	1 851 000	3 751 000	3 822 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	619 000	2 000	0	21 000
Other Income	0	472 000	0	0
Revenue	619 000	474 000	0	21 000
Cost of Goods Sold	34 000	94 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	55 000	74 000	74 000
Impairment	0	0	0	0
Expenditure	376 000	390 000	183 000	315 000
Operating Profit	243 000	83 000	−183 000	−294 000
Financial Income	0	0	0	0
Financial Costs	0	64 000	88 000	90 000
Financial Balance	0	−64 000	−88 000	−90 000
Dividends	0	0	0	0
Net Income	189 000	19 000	−266 000	−300 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	255 000	0	0	0
Real Eastate	0	0	3 678 000	3 752 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	3 678 000	3 752 000
Total Fiancial Fixed Assets	844 000	844 000	0	0
Total Fixed Assets	1 099 000	844 000	3 678 000	3 752 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	480 000	420 000	61 000	42 000
Total Current Assets	1 310 000	1 006 000	73 000	70 000
Total Assets	2 409 000	1 851 000	3 751 000	3 822 000
Total Equity	1 036 000	847 000	828 000	1 095 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000 000	1 000 000	2 919 000	2 172 000
Creditors	65 000	4 000	4 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	550 000
Total Current Debt	373 000	4 000	4 000	555 000
Total Equity and Debt	2 409 000	1 851 000	3 751 000	3 822 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,24 %	2,24 %	−32,13 %	−27,4 %
Debt-to-Equity Ratio	0,97	1,18	3,53	1,98
Operating Profit Margin	39,26 %	17,51 %	-	−1 400 %
Current Ratio	3,51	251,5	18,25	0,13
Quick Ratio	3,51	251,5	18,25	0,13
Equity Ratio	0,43	0,46	0,22	0,29
Gross Profit Margin	94,51 %	80,17 %	-	100 %