HARDANGER UTLEIE AS

5750 ODDA

Finances

Share Ownership

Return on Equity

30,73 %

Current Ratio

10,59

Debt-to-Equity Ratio

11,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 407 000	953 000	566 000	299 000
Net Income	228 000	210 000	81 000	−90 000
Total Assets	9 777 000	6 965 000	4 845 000	3 007 000
Total Equity	742 000	513 000	303 000	223 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 407 000	953 000	566 000	299 000
Expenditure	858 000	524 000	367 000	316 000
Operating Profit	549 000	427 000	199 000	−16 000
Financial Income	0	0	0	0
Financial Costs	322 000	164 000	118 000	73 000
Financial Balance	−322 000	−164 000	−118 000	−73 000
Earnings Before Tax	226 000	264 000	81 000	−90 000
Tax	−2 000	54 000	0	0
Net Income	228 000	210 000	81 000	−90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 693 000	5 536 000	4 098 000	2 610 000
Total Current Assets	3 083 000	1 429 000	746 000	396 000
Total Assets	9 777 000	6 965 000	4 845 000	3 007 000
Total Retained Equity	442 000	213 000	3 000	−77 000
Total Equity	742 000	513 000	303 000	223 000
Total Long-Term Debt	8 744 000	6 283 000	4 314 000	2 700 000
Total Current Debt	291 000	168 000	228 000	84 000
Total Equity and Debt	9 777 000	6 965 000	4 845 000	3 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 000	5 000	2 000	1 000
Other Income	1 367 000	948 000	564 000	298 000
Revenue	1 407 000	953 000	566 000	299 000
Cost of Goods Sold	3 000	2 000	3 000	17 000
Salary Costs	0	0	1 000	89 000
Depreciation	37 000	8 000	8 000	1 000
Impairment	0	0	0	0
Expenditure	858 000	524 000	367 000	316 000
Operating Profit	549 000	427 000	199 000	−16 000
Financial Income	0	0	0	0
Financial Costs	322 000	164 000	118 000	73 000
Financial Balance	−322 000	−164 000	−118 000	−73 000
Dividends	0	0	0	0
Net Income	228 000	210 000	81 000	−90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 598 000	5 475 000	4 068 000	2 573 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	95 000	61 000	30 000	38 000
Total Tangible Assets	6 693 000	5 536 000	4 098 000	2 610 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 693 000	5 536 000	4 098 000	2 610 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	101 000	412 000	0	214 000
Total Current Assets	3 083 000	1 429 000	746 000	396 000
Total Assets	9 777 000	6 965 000	4 845 000	3 007 000
Total Equity	742 000	513 000	303 000	223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 744 000	6 283 000	4 314 000	2 700 000
Creditors	52 000	116 000	25 000	72 000
Unpaid Taxes	188 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	200 000	13 000
Total Current Debt	291 000	168 000	228 000	84 000
Total Equity and Debt	9 777 000	6 965 000	4 845 000	3 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,73 %	40,94 %	26,73 %	−40,36 %
Debt-to-Equity Ratio	11,78	12,25	14,24	12,11
Operating Profit Margin	39,02 %	44,81 %	35,16 %	−5,35 %
Current Ratio	10,59	8,51	3,27	4,71
Quick Ratio	10,59	8,51	3,27	4,71
Equity Ratio	0,08	0,07	0,06	0,07
Gross Profit Margin	99,79 %	99,79 %	99,47 %	94,31 %