HARSTAD EIENDOMSUTVIKLING AS

9404 HARSTAD

Finances

Share Ownership

Return on Equity

37,19 %

Current Ratio

0,6

Debt-to-Equity Ratio

4,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 412 000	1 485 000	760 000	211 000
Net Income	296 000	347 000	100 000	23 000
Total Assets	5 539 000	5 618 000	5 140 000	5 169 000
Total Equity	796 000	500 000	153 000	53 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 412 000	1 485 000	760 000	211 000
Expenditure	864 000	899 000	463 000	127 000
Operating Profit	549 000	586 000	298 000	84 000
Financial Income	1 000	0	0	0
Financial Costs	170 000	141 000	170 000	54 000
Financial Balance	−169 000	−141 000	−170 000	−54 000
Earnings Before Tax	380 000	445 000	128 000	30 000
Tax	84 000	98 000	28 000	7 000
Net Income	296 000	347 000	100 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 831 000	5 134 000	4 895 000	5 058 000
Total Current Assets	708 000	485 000	245 000	112 000
Total Assets	5 539 000	5 618 000	5 140 000	5 169 000
Total Retained Equity	766 000	470 000	123 000	23 000
Total Equity	796 000	500 000	153 000	53 000
Total Long-Term Debt	3 562 000	3 794 000	3 909 000	4 007 000
Total Current Debt	1 180 000	1 324 000	1 078 000	1 110 000
Total Equity and Debt	5 539 000	5 618 000	5 140 000	5 169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	152 000	131 000	−21 000	211 000
Other Income	1 260 000	1 353 000	781 000	0
Revenue	1 412 000	1 485 000	760 000	211 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 000	0	0	0
Depreciation	338 000	281 000	171 000	68 000
Impairment	0	0	0	0
Expenditure	864 000	899 000	463 000	127 000
Operating Profit	549 000	586 000	298 000	84 000
Financial Income	1 000	0	0	0
Financial Costs	170 000	141 000	170 000	54 000
Financial Balance	−169 000	−141 000	−170 000	−54 000
Dividends	0	0	0	0
Net Income	296 000	347 000	100 000	23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	61 000	26 000	8 000	0
Real Eastate	4 545 000	4 716 000	4 887 000	5 058 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	225 000	392 000	0	0
Total Tangible Assets	4 770 000	5 108 000	4 887 000	5 058 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 831 000	5 134 000	4 895 000	5 058 000
Stock	0	0	0	0
Total Investments	531 000	309 000	0	0
Cash, Bank	146 000	54 000	238 000	88 000
Total Current Assets	708 000	485 000	245 000	112 000
Total Assets	5 539 000	5 618 000	5 140 000	5 169 000
Total Equity	796 000	500 000	153 000	53 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 562 000	3 794 000	3 909 000	4 007 000
Creditors	67 000	88 000	14 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	994 000	1 121 000	1 022 000	1 105 000
Total Current Debt	1 180 000	1 324 000	1 078 000	1 110 000
Total Equity and Debt	5 539 000	5 618 000	5 140 000	5 169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,19 %	69,4 %	65,36 %	43,4 %
Debt-to-Equity Ratio	4,47	7,59	25,55	75,6
Operating Profit Margin	38,88 %	39,46 %	39,21 %	39,81 %
Current Ratio	0,6	0,37	0,23	0,1
Quick Ratio	0,6	0,37	0,23	0,1
Equity Ratio	0,14	0,09	0,03	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %