HJARTØY ENTREPRENØRFORRETNING AS

5357 FJELL

Finances

Return on Equity

1 980,51 %

Current Ratio

1,08

Debt-to-Equity Ratio

−32,09

Key figures (NOK)	2021	2020	2019	2018
Revenue	14 894 000	17 884 000	21 121 000	20 510 000
Net Income	−5 486 000	−1 216 000	649 000	53 000
Total Assets	22 031 000	20 790 000	18 356 000	20 494 000
Total Equity	−277 000	3 455 000	4 671 000	4 022 000

Income (NOK)	2021	2020	2019	2018
Revenue	14 894 000	17 884 000	21 121 000	20 510 000
Expenditure	20 068 000	18 749 000	19 767 000	20 056 000
Operating Profit	−5 174 000	−865 000	1 354 000	455 000
Financial Income	0	0	0	4 000
Financial Costs	543 000	542 000	496 000	414 000
Financial Balance	−543 000	−542 000	−496 000	−410 000
Earnings Before Tax	−5 717 000	−1 407 000	857 000	45 000
Tax	−231 000	−191 000	208 000	−9 000
Net Income	−5 486 000	−1 216 000	649 000	53 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	7 489 000	6 966 000	6 072 000	7 182 000
Total Current Assets	14 542 000	13 824 000	12 284 000	13 312 000
Total Assets	22 031 000	20 790 000	18 356 000	20 494 000
Total Retained Equity	−4 277 000	−514 000	702 000	53 000
Total Equity	−277 000	3 455 000	4 671 000	4 022 000
Total Long-Term Debt	8 888 000	5 310 000	5 449 000	4 914 000
Total Current Debt	13 420 000	12 025 000	8 235 000	11 558 000
Total Equity and Debt	22 031 000	20 790 000	18 356 000	20 494 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	13 915 000	17 740 000	20 745 000	19 772 000
Other Income	979 000	144 000	377 000	738 000
Revenue	14 894 000	17 884 000	21 121 000	20 510 000
Cost of Goods Sold	5 616 000	4 792 000	6 139 000	8 891 000
Salary Costs	6 604 000	7 005 000	6 507 000	4 932 000
Depreciation	421 000	281 000	156 000	84 000
Impairment	0	0	0	0
Expenditure	20 068 000	18 749 000	19 767 000	20 056 000
Operating Profit	−5 174 000	−865 000	1 354 000	455 000
Financial Income	0	0	0	4 000
Financial Costs	543 000	542 000	496 000	414 000
Financial Balance	−543 000	−542 000	−496 000	−410 000
Dividends	0	0	0	0
Net Income	−5 486 000	−1 216 000	649 000	53 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 481 000	6 099 000	5 237 000	4 454 000
Machinery and Plant Facilities	341 000	325 000	188 000	235 000
Fixtures	626 000	425 000	431 000	99 000
Total Tangible Assets	7 447 000	6 849 000	5 856 000	4 788 000
Total Fiancial Fixed Assets	42 000	117 000	215 000	2 395 000
Total Fixed Assets	7 489 000	6 966 000	6 072 000	7 182 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	701 000	86 000	12 000	114 000
Total Current Assets	14 542 000	13 824 000	12 284 000	13 312 000
Total Assets	22 031 000	20 790 000	18 356 000	20 494 000
Total Equity	−277 000	3 455 000	4 671 000	4 022 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 888 000	5 310 000	5 449 000	4 914 000
Creditors	7 480 000	4 275 000	4 026 000	5 002 000
Unpaid Taxes	1 846 000	1 790 000	1 118 000	842 000
Dividends	0	0	0	0
Other Current Debt	1 275 000	2 846 000	2 719 000	4 420 000
Total Current Debt	13 420 000	12 025 000	8 235 000	11 558 000
Total Equity and Debt	22 031 000	20 790 000	18 356 000	20 494 000

Financial indicators	2021	2020	2019	2018
Return on Equity	1 980,51 %	−35,2 %	13,89 %	1,32 %
Debt-to-Equity Ratio	−32,09	1,54	1,17	1,22
Operating Profit Margin	−34,74 %	−4,84 %	6,41 %	2,22 %
Current Ratio	1,08	1,15	1,49	1,15
Quick Ratio	1,08	1,15	1,49	1,15
Equity Ratio	−0,01	0,17	0,25	0,2
Gross Profit Margin	62,29 %	73,21 %	70,93 %	56,65 %