HRE INVEST AS

5355 KNARREVIK

Finances

Return on Equity

2,48 %

Current Ratio

0,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 000	249 000	48 000	298 000
Net Income	16 000	167 000	146 000	286 000
Total Assets	3 253 000	2 916 000	969 000	750 000
Total Equity	645 000	629 000	462 000	316 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 000	249 000	48 000	298 000
Expenditure	26 000	33 000	28 000	31 000
Operating Profit	22 000	216 000	20 000	267 000
Financial Income	0	0	131 000	78 000
Financial Costs	2 000	2 000	2 000	1 000
Financial Balance	−2 000	−2 000	129 000	77 000
Earnings Before Tax	20 000	214 000	150 000	345 000
Tax	4 000	47 000	4 000	59 000
Net Income	16 000	167 000	146 000	286 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 420 000	666 000	0	0
Total Current Assets	1 832 000	2 250 000	969 000	750 000
Total Assets	3 253 000	2 916 000	969 000	750 000
Total Retained Equity	615 000	599 000	432 000	286 000
Total Equity	645 000	629 000	462 000	316 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 608 000	2 287 000	507 000	434 000
Total Equity and Debt	3 253 000	2 916 000	969 000	750 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 000	249 000	48 000	48 000
Other Income	0	0	0	250 000
Revenue	48 000	249 000	48 000	298 000
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	26 000	33 000	28 000	31 000
Operating Profit	22 000	216 000	20 000	267 000
Financial Income	0	0	131 000	78 000
Financial Costs	2 000	2 000	2 000	1 000
Financial Balance	−2 000	−2 000	129 000	77 000
Dividends	0	0	0	0
Net Income	16 000	167 000	146 000	286 000

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	1 420 000	666 000	0	0
Total Fixed Assets	1 420 000	666 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 832 000	2 250 000	969 000	750 000
Total Current Assets	1 832 000	2 250 000	969 000	750 000
Total Assets	3 253 000	2 916 000	969 000	750 000
Total Equity	645 000	629 000	462 000	316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 604 000	2 240 000	503 000	375 000
Total Current Debt	2 608 000	2 287 000	507 000	434 000
Total Equity and Debt	3 253 000	2 916 000	969 000	750 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,48 %	26,55 %	31,6 %	90,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	45,83 %	86,75 %	41,67 %	89,6 %
Current Ratio	0,7	0,98	1,91	1,73
Quick Ratio	0,7	0,98	1,91	1,73
Equity Ratio	0,2	0,22	0,48	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %