HADELAND LANDBRUKSENTREPRENØR AS

2720 GRINDVOLL

Finances

Return on Equity

8,83 %

Current Ratio

0,62

Debt-to-Equity Ratio

3,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	230 000	187 000	195 000	429 000
Net Income	28 000	19 000	19 000	118 000
Total Assets	2 351 000	2 073 000	2 104 000	1 785 000
Total Equity	317 000	289 000	270 000	251 000

Income (NOK)	2022	2021	2020	2019
Revenue	230 000	187 000	195 000	429 000
Expenditure	144 000	121 000	117 000	225 000
Operating Profit	86 000	66 000	78 000	204 000
Financial Income	0	3 000	3 000	0
Financial Costs	49 000	43 000	56 000	53 000
Financial Balance	−49 000	−40 000	−53 000	−53 000
Earnings Before Tax	37 000	26 000	24 000	152 000
Tax	9 000	7 000	5 000	33 000
Net Income	28 000	19 000	19 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 799 000	1 541 000	1 565 000	1 594 000
Total Current Assets	551 000	532 000	540 000	191 000
Total Assets	2 351 000	2 073 000	2 104 000	1 785 000
Total Retained Equity	292 000	264 000	246 000	227 000
Total Equity	317 000	289 000	270 000	251 000
Total Long-Term Debt	1 149 000	942 000	998 000	1 056 000
Total Current Debt	885 000	842 000	836 000	478 000
Total Equity and Debt	2 351 000	2 073 000	2 104 000	1 785 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 000	90 000	108 000	334 000
Other Income	182 000	97 000	86 000	95 000
Revenue	230 000	187 000	195 000	429 000
Cost of Goods Sold	0	0	0	42 000
Salary Costs	0	0	3 000	0
Depreciation	9 000	14 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	144 000	121 000	117 000	225 000
Operating Profit	86 000	66 000	78 000	204 000
Financial Income	0	3 000	3 000	0
Financial Costs	49 000	43 000	56 000	53 000
Financial Balance	−49 000	−40 000	−53 000	−53 000
Dividends	0	0	0	0
Net Income	28 000	19 000	19 000	118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 758 000	1 481 000	1 481 000	1 481 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	18 000	32 000	48 000
Total Tangible Assets	1 767 000	1 499 000	1 513 000	1 530 000
Total Fiancial Fixed Assets	32 000	42 000	52 000	64 000
Total Fixed Assets	1 799 000	1 541 000	1 565 000	1 594 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	9 000	4 000	68 000
Total Current Assets	551 000	532 000	540 000	191 000
Total Assets	2 351 000	2 073 000	2 104 000	1 785 000
Total Equity	317 000	289 000	270 000	251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 149 000	942 000	998 000	1 056 000
Creditors	45 000	45 000	50 000	79 000
Unpaid Taxes	12 000	22 000	30 000	56 000
Dividends	0	0	0	0
Other Current Debt	819 000	767 000	750 000	308 000
Total Current Debt	885 000	842 000	836 000	478 000
Total Equity and Debt	2 351 000	2 073 000	2 104 000	1 785 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,83 %	6,57 %	7,04 %	47,01 %
Debt-to-Equity Ratio	3,62	3,26	3,7	4,21
Operating Profit Margin	37,39 %	35,29 %	40 %	47,55 %
Current Ratio	0,62	0,63	0,65	0,4
Quick Ratio	0,62	0,63	0,65	0,4
Equity Ratio	0,13	0,14	0,13	0,14
Gross Profit Margin	100 %	100 %	100 %	90,21 %