HORDALAND EIENDOMSUTVIKLING AS

5309 KLEPPESTØ

Finances

Share Ownership

Return on Equity

28 %

Current Ratio

19,7

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 054 000	1 190 000	4 506 000	1 553 000
Net Income	796 000	657 000	91 000	358 000
Total Assets	5 103 000	5 902 000	1 418 000	3 068 000
Total Equity	2 843 000	2 047 000	1 390 000	1 318 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 054 000	1 190 000	4 506 000	1 553 000
Expenditure	828 000	320 000	4 389 000	1 118 000
Operating Profit	1 226 000	870 000	117 000	435 000
Financial Income	0	2 000	0	0
Financial Costs	180 000	30 000	1 000	0
Financial Balance	−180 000	−28 000	−1 000	0
Earnings Before Tax	1 047 000	842 000	116 000	436 000
Tax	251 000	185 000	26 000	78 000
Net Income	796 000	657 000	91 000	358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 491 000	0	0
Total Current Assets	5 103 000	2 412 000	1 418 000	3 068 000
Total Assets	5 103 000	5 902 000	1 418 000	3 068 000
Total Retained Equity	1 943 000	1 147 000	490 000	418 000
Total Equity	2 843 000	2 047 000	1 390 000	1 318 000
Total Long-Term Debt	2 000 000	2 353 000	0	0
Total Current Debt	259 000	1 503 000	27 000	1 750 000
Total Equity and Debt	5 103 000	5 902 000	1 418 000	3 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	544 000	1 095 000	4 506 000	1 535 000
Other Income	1 510 000	95 000	0	18 000
Revenue	2 054 000	1 190 000	4 506 000	1 553 000
Cost of Goods Sold	443 000	172 000	4 228 000	1 037 000
Salary Costs	0	0	0	0
Depreciation	8 000	10 000	0	0
Impairment	0	0	0	0
Expenditure	828 000	320 000	4 389 000	1 118 000
Operating Profit	1 226 000	870 000	117 000	435 000
Financial Income	0	2 000	0	0
Financial Costs	180 000	30 000	1 000	0
Financial Balance	−180 000	−28 000	−1 000	0
Dividends	0	0	0	0
Net Income	796 000	657 000	91 000	358 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	3 451 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	40 000	0	0
Total Tangible Assets	0	3 491 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	3 491 000	0	0
Stock	3 626 000	879 000	92 000	961 000
Total Investments	0	0	0	0
Cash, Bank	1 456 000	1 221 000	460 000	927 000
Total Current Assets	5 103 000	2 412 000	1 418 000	3 068 000
Total Assets	5 103 000	5 902 000	1 418 000	3 068 000
Total Equity	2 843 000	2 047 000	1 390 000	1 318 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000 000	2 353 000	0	0
Creditors	5 000	3 000	1 000	820 000
Unpaid Taxes	4 000	64 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 250 000	0	835 000
Total Current Debt	259 000	1 503 000	27 000	1 750 000
Total Equity and Debt	5 103 000	5 902 000	1 418 000	3 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28 %	32,1 %	6,55 %	27,16 %
Debt-to-Equity Ratio	0,7	1,15	0	0
Operating Profit Margin	59,69 %	73,11 %	2,6 %	28,01 %
Current Ratio	19,7	1,6	52,52	1,75
Quick Ratio	−1,52	3,87	−21,82	3,89
Equity Ratio	0,56	0,35	0,98	0,43
Gross Profit Margin	78,43 %	85,55 %	6,17 %	33,23 %