HOEL & RØRSTAD AS

6190 BJØRKE

Finances

Share Ownership

Return on Equity

−16,8 %

Current Ratio

0,09

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	289 000	154 000	78 000	142 000
Net Income	41 000	−31 000	−43 000	−59 000
Total Assets	305 000	357 000	363 000	316 000
Total Equity	−244 000	−285 000	−254 000	−211 000

Income (NOK)	2022	2021	2020	2019
Revenue	289 000	154 000	78 000	142 000
Expenditure	245 000	185 000	121 000	199 000
Operating Profit	44 000	−31 000	−43 000	−57 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	1 000
Financial Balance	−3 000	0	0	−1 000
Earnings Before Tax	41 000	−31 000	−43 000	−59 000
Tax	0	0	0	0
Net Income	41 000	−31 000	−43 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	258 000	271 000	284 000	298 000
Total Current Assets	47 000	86 000	79 000	18 000
Total Assets	305 000	357 000	363 000	316 000
Total Retained Equity	−274 000	−315 000	−284 000	−241 000
Total Equity	−244 000	−285 000	−254 000	−211 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	548 000	642 000	617 000	526 000
Total Equity and Debt	305 000	357 000	363 000	316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	108 000	71 000	34 000	112 000
Other Income	181 000	84 000	44 000	30 000
Revenue	289 000	154 000	78 000	142 000
Cost of Goods Sold	91 000	29 000	0	2 000
Salary Costs	13 000	47 000	0	13 000
Depreciation	13 000	13 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	245 000	185 000	121 000	199 000
Operating Profit	44 000	−31 000	−43 000	−57 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	1 000
Financial Balance	−3 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	41 000	−31 000	−43 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	258 000	271 000	284 000	298 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	258 000	271 000	284 000	298 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	258 000	271 000	284 000	298 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	22 000	54 000	66 000	3 000
Total Current Assets	47 000	86 000	79 000	18 000
Total Assets	305 000	357 000	363 000	316 000
Total Equity	−244 000	−285 000	−254 000	−211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	7 000	−2 000	7 000
Unpaid Taxes	1 000	25 000	0	0
Dividends	0	0	0	0
Other Current Debt	542 000	610 000	620 000	520 000
Total Current Debt	548 000	642 000	617 000	526 000
Total Equity and Debt	305 000	357 000	363 000	316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,8 %	10,88 %	16,93 %	27,96 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	15,22 %	−20,13 %	−55,13 %	−40,14 %
Current Ratio	0,09	0,13	0,13	0,03
Quick Ratio	0,09	0,13	0,13	0,03
Equity Ratio	−0,8	−0,8	−0,7	−0,67
Gross Profit Margin	68,51 %	81,17 %	100 %	98,59 %