HOLTE INNOVATION AS

3560 HEMSEDAL

Finances

Return on Equity

0,32 %

Current Ratio

451,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 000	50 000	68 000	100 000
Net Income	28 000	37 000	113 000	49 000
Total Assets	8 795 000	9 950 000	11 457 000	11 751 000
Total Equity	8 783 000	9 935 000	10 923 000	11 701 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 000	50 000	68 000	100 000
Expenditure	70 000	57 000	39 000	208 000
Operating Profit	−14 000	−7 000	28 000	−108 000
Financial Income	54 000	59 000	116 000	171 000
Financial Costs	0	0	0	0
Financial Balance	54 000	59 000	116 000	171 000
Earnings Before Tax	40 000	52 000	144 000	63 000
Tax	12 000	15 000	32 000	14 000
Net Income	28 000	37 000	113 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 380 000	3 405 000	2 400 000	1 680 000
Total Current Assets	5 415 000	6 545 000	9 057 000	10 071 000
Total Assets	8 795 000	9 950 000	11 457 000	11 751 000
Total Retained Equity	−3 369 000	−2 216 000	−1 228 000	−451 000
Total Equity	8 783 000	9 935 000	10 923 000	11 701 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 000	15 000	534 000	50 000
Total Equity and Debt	8 795 000	9 950 000	11 457 000	11 751 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	56 000	50 000	68 000	100 000
Revenue	56 000	50 000	68 000	100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	25 000	25 000	0	0
Impairment	0	0	0	0
Expenditure	70 000	57 000	39 000	208 000
Operating Profit	−14 000	−7 000	28 000	−108 000
Financial Income	54 000	59 000	116 000	171 000
Financial Costs	0	0	0	0
Financial Balance	54 000	59 000	116 000	171 000
Dividends	1 180 000	1 025 000	890 000	500 000
Net Income	28 000	37 000	113 000	49 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	464 000	489 000	514 000	514 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	464 000	489 000	514 000	514 000
Total Fiancial Fixed Assets	2 916 000	2 916 000	1 886 000	1 166 000
Total Fixed Assets	3 380 000	3 405 000	2 400 000	1 680 000
Stock	0	0	0	0
Total Investments	1 000 000	1 000 000	1 000 000	1 000 000
Cash, Bank	4 305 000	5 487 000	8 043 000	9 071 000
Total Current Assets	5 415 000	6 545 000	9 057 000	10 071 000
Total Assets	8 795 000	9 950 000	11 457 000	11 751 000
Total Equity	8 783 000	9 935 000	10 923 000	11 701 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	1 180 000	1 025 000	890 000	500 000
Other Current Debt	0	0	0	36 000
Total Current Debt	12 000	15 000	534 000	50 000
Total Equity and Debt	8 795 000	9 950 000	11 457 000	11 751 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,32 %	0,37 %	1,03 %	0,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−25 %	−14 %	41,18 %	−108 %
Current Ratio	451,25	436,33	16,96	201,42
Quick Ratio	451,25	436,33	16,96	201,42
Equity Ratio	1	1	0,95	1
Gross Profit Margin	100 %	100 %	100 %	100 %