HÅLOGALAND ØKONOMIFORVALTNING AS

9404 HARSTAD

Finances

Return on Equity

15,61 %

Current Ratio

154,25

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 000	35 000	35 000	35 000
Net Income	49 000	66 000	61 000	6 000
Total Assets	617 000	588 000	436 000	399 000
Total Equity	314 000	265 000	199 000	138 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 000	35 000	35 000	35 000
Expenditure	16 000	19 000	21 000	26 000
Operating Profit	19 000	16 000	14 000	9 000
Financial Income	34 000	54 000	50 000	6 000
Financial Costs	0	0	0	7 000
Financial Balance	34 000	54 000	50 000	−1 000
Earnings Before Tax	53 000	70 000	64 000	7 000
Tax	4 000	4 000	3 000	2 000
Net Income	49 000	66 000	61 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	617 000	588 000	436 000	399 000
Total Assets	617 000	588 000	436 000	399 000
Total Retained Equity	284 000	235 000	169 000	108 000
Total Equity	314 000	265 000	199 000	138 000
Total Long-Term Debt	299 000	319 000	234 000	259 000
Total Current Debt	4 000	4 000	3 000	2 000
Total Equity and Debt	617 000	588 000	436 000	399 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	35 000	35 000	35 000	35 000
Revenue	35 000	35 000	35 000	35 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 000	19 000	21 000	26 000
Operating Profit	19 000	16 000	14 000	9 000
Financial Income	34 000	54 000	50 000	6 000
Financial Costs	0	0	0	7 000
Financial Balance	34 000	54 000	50 000	−1 000
Dividends	0	0	0	0
Net Income	49 000	66 000	61 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	616 000	282 000	339 000	0
Cash, Bank	1 000	305 000	97 000	399 000
Total Current Assets	617 000	588 000	436 000	399 000
Total Assets	617 000	588 000	436 000	399 000
Total Equity	314 000	265 000	199 000	138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	299 000	319 000	234 000	259 000
Creditors	0	0	0	0
Unpaid Taxes	4 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	4 000	4 000	3 000	2 000
Total Equity and Debt	617 000	588 000	436 000	399 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,61 %	24,91 %	30,65 %	4,35 %
Debt-to-Equity Ratio	0,95	1,2	1,18	1,88
Operating Profit Margin	54,29 %	45,71 %	40 %	25,71 %
Current Ratio	154,25	147	145,33	199,5
Quick Ratio	154,25	147	145,33	199,5
Equity Ratio	0,51	0,45	0,46	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %