HARD-TECH EIENDOM AS

5620 TØRVIKBYGD

Finances

Share Ownership

Return on Equity

107,55 %

Current Ratio

0,51

Debt-to-Equity Ratio

46,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	590 000	540 000	546 000	548 000
Net Income	57 000	72 000	−103 000	56 000
Total Assets	2 672 000	2 874 000	3 138 000	3 418 000
Total Equity	53 000	−4 000	−76 000	28 000

Income (NOK)	2022	2021	2020	2019
Revenue	590 000	540 000	546 000	548 000
Expenditure	387 000	331 000	531 000	352 000
Operating Profit	203 000	210 000	14 000	197 000
Financial Income	4 000	4 000	4 000	1 000
Financial Costs	134 000	122 000	151 000	126 000
Financial Balance	−130 000	−118 000	−147 000	−125 000
Earnings Before Tax	73 000	93 000	−132 000	72 000
Tax	16 000	20 000	−29 000	16 000
Net Income	57 000	72 000	−103 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 605 000	2 779 000	2 955 000	3 131 000
Total Current Assets	67 000	95 000	183 000	287 000
Total Assets	2 672 000	2 874 000	3 138 000	3 418 000
Total Retained Equity	23 000	−34 000	−106 000	−2 000
Total Equity	53 000	−4 000	−76 000	28 000
Total Long-Term Debt	2 488 000	2 743 000	2 996 000	3 187 000
Total Current Debt	131 000	134 000	218 000	204 000
Total Equity and Debt	2 672 000	2 874 000	3 138 000	3 418 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 000	0	0	0
Other Income	546 000	540 000	546 000	548 000
Revenue	590 000	540 000	546 000	548 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	207 000	207 000	206 000	207 000
Impairment	0	0	0	0
Expenditure	387 000	331 000	531 000	352 000
Operating Profit	203 000	210 000	14 000	197 000
Financial Income	4 000	4 000	4 000	1 000
Financial Costs	134 000	122 000	151 000	126 000
Financial Balance	−130 000	−118 000	−147 000	−125 000
Dividends	0	0	0	0
Net Income	57 000	72 000	−103 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	197 000	165 000	134 000	104 000
Real Eastate	2 408 000	2 614 000	2 821 000	3 027 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 408 000	2 614 000	2 821 000	3 027 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 605 000	2 779 000	2 955 000	3 131 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 000	70 000	158 000	221 000
Total Current Assets	67 000	95 000	183 000	287 000
Total Assets	2 672 000	2 874 000	3 138 000	3 418 000
Total Equity	53 000	−4 000	−76 000	28 000
Short-Term Group Debt	0	0	0	4 000
Total Long-Term Debt	2 488 000	2 743 000	2 996 000	3 187 000
Creditors	9 000	17 000	173 000	50 000
Unpaid Taxes	23 000	17 000	−14 000	16 000
Dividends	0	0	0	0
Other Current Debt	50 000	49 000	58 000	90 000
Total Current Debt	131 000	134 000	218 000	204 000
Total Equity and Debt	2 672 000	2 874 000	3 138 000	3 418 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,55 %	−1 800 %	135,53 %	200 %
Debt-to-Equity Ratio	46,94	−685,75	−39,42	113,82
Operating Profit Margin	34,41 %	38,89 %	2,56 %	35,95 %
Current Ratio	0,51	0,71	0,84	1,41
Quick Ratio	0,51	0,71	0,84	1,41
Equity Ratio	0,02	−0	−0,02	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %