HØSBJØRNVEGEN 2 AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

32,53 %

Current Ratio

1,49

Debt-to-Equity Ratio

37,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 340 000	1 165 000	1 056 000	0
Net Income	161 000	90 000	143 000	−36 000
Total Assets	19 251 000	19 794 000	20 243 000	22 494 000
Total Equity	495 000	335 000	245 000	102 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 340 000	1 165 000	1 056 000	0
Expenditure	576 000	575 000	576 000	34 000
Operating Profit	764 000	590 000	480 000	−34 000
Financial Income	0	0	3 000	1 000
Financial Costs	558 000	475 000	375 000	16 000
Financial Balance	−558 000	−475 000	−372 000	−15 000
Earnings Before Tax	206 000	115 000	108 000	−49 000
Tax	45 000	25 000	−35 000	−13 000
Net Income	161 000	90 000	143 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 003 000	19 493 000	19 984 000	18 671 000
Total Current Assets	248 000	302 000	259 000	3 824 000
Total Assets	19 251 000	19 794 000	20 243 000	22 494 000
Total Retained Equity	357 000	197 000	107 000	−36 000
Total Equity	495 000	335 000	245 000	102 000
Total Long-Term Debt	18 590 000	17 113 000	17 963 000	18 500 000
Total Current Debt	166 000	2 347 000	2 036 000	3 892 000
Total Equity and Debt	19 251 000	19 794 000	20 243 000	22 494 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 340 000	1 165 000	1 056 000	0
Other Income	0	0	0	0
Revenue	1 340 000	1 165 000	1 056 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	466 000	466 000	449 000	0
Impairment	0	0	0	0
Expenditure	576 000	575 000	576 000	34 000
Operating Profit	764 000	590 000	480 000	−34 000
Financial Income	0	0	3 000	1 000
Financial Costs	558 000	475 000	375 000	16 000
Financial Balance	−558 000	−475 000	−372 000	−15 000
Dividends	0	0	0	0
Net Income	161 000	90 000	143 000	−36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	23 000	48 000	13 000
Real Eastate	19 003 000	19 470 000	19 936 000	14 704 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 003 000	19 470 000	19 936 000	14 704 000
Total Fiancial Fixed Assets	0	0	0	3 953 000
Total Fixed Assets	19 003 000	19 493 000	19 984 000	18 671 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	248 000	302 000	259 000	2 247 000
Total Current Assets	248 000	302 000	259 000	3 824 000
Total Assets	19 251 000	19 794 000	20 243 000	22 494 000
Total Equity	495 000	335 000	245 000	102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 590 000	17 113 000	17 963 000	18 500 000
Creditors	3 000	9 000	0	3 238 000
Unpaid Taxes	54 000	39 000	36 000	0
Dividends	0	0	0	0
Other Current Debt	108 000	2 300 000	2 000 000	655 000
Total Current Debt	166 000	2 347 000	2 036 000	3 892 000
Total Equity and Debt	19 251 000	19 794 000	20 243 000	22 494 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,53 %	26,87 %	58,37 %	−35,29 %
Debt-to-Equity Ratio	37,56	51,08	73,32	181,37
Operating Profit Margin	57,01 %	50,64 %	45,45 %	-
Current Ratio	1,49	0,13	0,13	0,98
Quick Ratio	1,49	0,13	0,13	0,98
Equity Ratio	0,03	0,02	0,01	0
Gross Profit Margin	100 %	100 %	100 %	-