HOLMESTRAND UTELIV AS

3080 HOLMESTRAND

Finances

Share Ownership

Return on Equity

−22,55 %

Current Ratio

1,7

Debt-to-Equity Ratio

1,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 162 000	4 823 000	295 000	297 000
Net Income	−550 000	2 253 000	42 000	−12 000
Total Assets	5 397 000	6 400 000	3 245 000	3 290 000
Total Equity	2 439 000	2 989 000	736 000	694 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 162 000	4 823 000	295 000	297 000
Expenditure	3 770 000	1 878 000	133 000	166 000
Operating Profit	−608 000	2 947 000	162 000	131 000
Financial Income	9 000	8 000	0	0
Financial Costs	107 000	74 000	120 000	143 000
Financial Balance	−98 000	−66 000	−120 000	−143 000
Earnings Before Tax	−705 000	2 880 000	42 000	−12 000
Tax	−155 000	627 000	0	0
Net Income	−550 000	2 253 000	42 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 789 000	5 071 000	3 238 000	3 278 000
Total Current Assets	608 000	1 328 000	6 000	11 000
Total Assets	5 397 000	6 400 000	3 245 000	3 290 000
Total Retained Equity	1 689 000	2 239 000	−14 000	−56 000
Total Equity	2 439 000	2 989 000	736 000	694 000
Total Long-Term Debt	2 601 000	2 833 000	2 365 000	2 491 000
Total Current Debt	357 000	578 000	143 000	105 000
Total Equity and Debt	5 397 000	6 400 000	3 245 000	3 290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 059 000	1 662 000	0	0
Other Income	103 000	3 161 000	295 000	297 000
Revenue	3 162 000	4 823 000	295 000	297 000
Cost of Goods Sold	1 753 000	887 000	0	0
Salary Costs	641 000	306 000	0	0
Depreciation	187 000	89 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	3 770 000	1 878 000	133 000	166 000
Operating Profit	−608 000	2 947 000	162 000	131 000
Financial Income	9 000	8 000	0	0
Financial Costs	107 000	74 000	120 000	143 000
Financial Balance	−98 000	−66 000	−120 000	−143 000
Dividends	0	0	0	0
Net Income	−550 000	2 253 000	42 000	−12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	100 000	171 000	0	0
Total Intangible Assets	100 000	171 000	0	0
Real Eastate	4 076 000	3 999 000	2 738 000	2 778 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	113 000	402 000	0	0
Total Tangible Assets	4 189 000	4 401 000	2 738 000	2 778 000
Total Fiancial Fixed Assets	500 000	500 000	500 000	500 000
Total Fixed Assets	4 789 000	5 071 000	3 238 000	3 278 000
Stock	99 000	104 000	0	0
Total Investments	0	0	0	0
Cash, Bank	115 000	1 167 000	14 000	11 000
Total Current Assets	608 000	1 328 000	6 000	11 000
Total Assets	5 397 000	6 400 000	3 245 000	3 290 000
Total Equity	2 439 000	2 989 000	736 000	694 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 601 000	2 833 000	2 365 000	2 491 000
Creditors	142 000	269 000	9 000	10 000
Unpaid Taxes	57 000	36 000	0	0
Dividends	0	0	0	0
Other Current Debt	134 000	189 000	135 000	95 000
Total Current Debt	357 000	578 000	143 000	105 000
Total Equity and Debt	5 397 000	6 400 000	3 245 000	3 290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,55 %	75,38 %	5,71 %	−1,73 %
Debt-to-Equity Ratio	1,07	0,95	3,21	3,59
Operating Profit Margin	−19,23 %	61,1 %	54,92 %	44,11 %
Current Ratio	1,7	2,3	0,04	0,1
Quick Ratio	2,36	2,8	0,04	0,1
Equity Ratio	0,45	0,47	0,23	0,21
Gross Profit Margin	44,56 %	81,61 %	100 %	100 %