K HURLEN INVEST AS

3269 LARVIK

Finances

Return on Equity

16,4 %

Current Ratio

5,89

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	25 000	50 000	50 000
Net Income	31 000	454 000	23 000	36 000
Total Assets	203 000	175 000	637 000	1 071 000
Total Equity	189 000	159 000	105 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	25 000	50 000	50 000
Expenditure	11 000	16 000	27 000	20 000
Operating Profit	39 000	9 000	23 000	30 000
Financial Income	0	471 000	43 000	86 000
Financial Costs	0	21 000	36 000	69 000
Financial Balance	0	450 000	7 000	17 000
Earnings Before Tax	39 000	459 000	30 000	46 000
Tax	9 000	5 000	7 000	10 000
Net Income	31 000	454 000	23 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	150 000	607 000	1 019 000
Total Current Assets	53 000	25 000	30 000	52 000
Total Assets	203 000	175 000	637 000	1 071 000
Total Retained Equity	166 000	136 000	82 000	58 000
Total Equity	189 000	159 000	105 000	81 000
Total Long-Term Debt	5 000	5 000	526 000	969 000
Total Current Debt	9 000	11 000	7 000	21 000
Total Equity and Debt	203 000	175 000	637 000	1 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	25 000	50 000	50 000
Other Income	0	0	0	0
Revenue	50 000	25 000	50 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 000	16 000	27 000	20 000
Operating Profit	39 000	9 000	23 000	30 000
Financial Income	0	471 000	43 000	86 000
Financial Costs	0	21 000	36 000	69 000
Financial Balance	0	450 000	7 000	17 000
Dividends	0	400 000	0	0
Net Income	31 000	454 000	23 000	36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	150 000	150 000	607 000	1 019 000
Total Fixed Assets	150 000	150 000	607 000	1 019 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	53 000	25 000	5 000	52 000
Total Current Assets	53 000	25 000	30 000	52 000
Total Assets	203 000	175 000	637 000	1 071 000
Total Equity	189 000	159 000	105 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	5 000	526 000	969 000
Creditors	0	6 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	400 000	0	0
Other Current Debt	0	0	0	10 000
Total Current Debt	9 000	11 000	7 000	21 000
Total Equity and Debt	203 000	175 000	637 000	1 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,4 %	285,53 %	21,9 %	44,44 %
Debt-to-Equity Ratio	0,03	0,03	5,01	11,96
Operating Profit Margin	78 %	36 %	46 %	60 %
Current Ratio	5,89	2,27	4,29	2,48
Quick Ratio	5,89	2,27	4,29	2,48
Equity Ratio	0,93	0,91	0,16	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %