HAUGALAND HESTESPORT ARENA AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

63,58 %

Current Ratio

1,4

Debt-to-Equity Ratio

8,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 802 000	4 685 000	4 335 000	296 000
Net Income	721 000	−377 000	792 000	8 000
Total Assets	12 273 000	11 413 000	10 284 000	13 494 000
Total Equity	1 134 000	412 000	790 000	−3 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 802 000	4 685 000	4 335 000	296 000
Expenditure	4 813 000	4 831 000	3 057 000	104 000
Operating Profit	988 000	−146 000	1 278 000	191 000
Financial Income	0	0	0	1 000
Financial Costs	267 000	231 000	474 000	181 000
Financial Balance	−267 000	−231 000	−474 000	−180 000
Earnings Before Tax	721 000	−377 000	804 000	12 000
Tax	0	0	12 000	3 000
Net Income	721 000	−377 000	792 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 808 000	8 053 000	8 967 000	13 217 000
Total Current Assets	2 465 000	3 359 000	1 317 000	277 000
Total Assets	12 273 000	11 413 000	10 284 000	13 494 000
Total Retained Equity	1 090 000	369 000	746 000	−46 000
Total Equity	1 134 000	412 000	790 000	−3 000
Total Long-Term Debt	9 375 000	9 875 000	0	0
Total Current Debt	1 764 000	1 125 000	9 495 000	13 497 000
Total Equity and Debt	12 273 000	11 413 000	10 284 000	13 494 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 107 000	3 660 000	3 096 000	296 000
Other Income	695 000	1 025 000	1 239 000	0
Revenue	5 802 000	4 685 000	4 335 000	296 000
Cost of Goods Sold	2 204 000	1 769 000	1 053 000	0
Salary Costs	1 164 000	987 000	619 000	40 000
Depreciation	231 000	456 000	310 000	0
Impairment	0	0	0	0
Expenditure	4 813 000	4 831 000	3 057 000	104 000
Operating Profit	988 000	−146 000	1 278 000	191 000
Financial Income	0	0	0	1 000
Financial Costs	267 000	231 000	474 000	181 000
Financial Balance	−267 000	−231 000	−474 000	−180 000
Dividends	0	0	0	0
Net Income	721 000	−377 000	792 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	12 000
Real Eastate	9 202 000	7 431 000	8 388 000	13 206 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	606 000	623 000	579 000	0
Total Tangible Assets	9 808 000	8 053 000	8 967 000	13 206 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 808 000	8 053 000	8 967 000	13 217 000
Stock	146 000	138 000	133 000	0
Total Investments	0	0	0	0
Cash, Bank	2 041 000	3 067 000	487 000	270 000
Total Current Assets	2 465 000	3 359 000	1 317 000	277 000
Total Assets	12 273 000	11 413 000	10 284 000	13 494 000
Total Equity	1 134 000	412 000	790 000	−3 000
Short-Term Group Debt	8 000	4 000	0	0
Total Long-Term Debt	9 375 000	9 875 000	0	0
Creditors	866 000	402 000	226 000	2 492 000
Unpaid Taxes	67 000	82 000	52 000	0
Dividends	0	0	0	0
Other Current Debt	823 000	638 000	807 000	1 121 000
Total Current Debt	1 764 000	1 125 000	9 495 000	13 497 000
Total Equity and Debt	12 273 000	11 413 000	10 284 000	13 494 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,58 %	−91,5 %	100,25 %	−266,67 %
Debt-to-Equity Ratio	8,27	23,97	0	−0
Operating Profit Margin	17,03 %	−3,12 %	29,48 %	64,53 %
Current Ratio	1,4	2,99	0,14	0,02
Quick Ratio	1,52	3,4	0,14	0,02
Equity Ratio	0,09	0,04	0,08	−0
Gross Profit Margin	62,01 %	62,24 %	75,71 %	100 %