ÅSHAUGVEIEN 153A AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

14,99 %

Current Ratio

1,65

Debt-to-Equity Ratio

4,54

Key figures (NOK)	2022	2021	2020
Revenue	957 000	798 000	184 000
Net Income	217 000	255 000	−28 000
Total Assets	8 123 000	8 676 000	8 698 000
Total Equity	1 448 000	1 231 000	977 000

Income (NOK)	2022	2021	2020
Revenue	957 000	798 000	184 000
Expenditure	416 000	314 000	139 000
Operating Profit	542 000	484 000	45 000
Financial Income	0	0	0
Financial Costs	264 000	157 000	82 000
Financial Balance	−264 000	−157 000	−82 000
Earnings Before Tax	278 000	326 000	−37 000
Tax	61 000	72 000	−9 000
Net Income	217 000	255 000	−28 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	7 960 000	8 129 000	8 258 000
Total Current Assets	162 000	547 000	440 000
Total Assets	8 123 000	8 676 000	8 698 000
Total Retained Equity	444 000	227 000	−28 000
Total Equity	1 448 000	1 231 000	977 000
Total Long-Term Debt	6 577 000	7 406 000	7 709 000
Total Current Debt	98 000	39 000	12 000
Total Equity and Debt	8 123 000	8 676 000	8 698 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	957 000	798 000	184 000
Revenue	957 000	798 000	184 000
Cost of Goods Sold	48 000	58 000	24 000
Salary Costs	0	0	0
Depreciation	169 000	173 000	68 000
Impairment	0	0	0
Expenditure	416 000	314 000	139 000
Operating Profit	542 000	484 000	45 000
Financial Income	0	0	0
Financial Costs	264 000	157 000	82 000
Financial Balance	−264 000	−157 000	−82 000
Dividends	0	0	0
Net Income	217 000	255 000	−28 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	9 000
Real Eastate	7 866 000	8 023 000	8 185 000
Machinery and Plant Facilities	95 000	0	0
Fixtures	0	106 000	63 000
Total Tangible Assets	7 960 000	8 129 000	8 248 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	7 960 000	8 129 000	8 258 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	101 000	519 000	431 000
Total Current Assets	162 000	547 000	440 000
Total Assets	8 123 000	8 676 000	8 698 000
Total Equity	1 448 000	1 231 000	977 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	6 577 000	7 406 000	7 709 000
Creditors	35 000	5 000	6 000
Unpaid Taxes	28 000	33 000	0
Dividends	0	0	0
Other Current Debt	9 000	0	6 000
Total Current Debt	98 000	39 000	12 000
Total Equity and Debt	8 123 000	8 676 000	8 698 000

Financial indicators	2022	2021	2020
Return on Equity	14,99 %	20,71 %	−2,87 %
Debt-to-Equity Ratio	4,54	6,02	7,89
Operating Profit Margin	56,64 %	60,65 %	24,46 %
Current Ratio	1,65	14,03	36,67
Quick Ratio	1,65	14,03	36,67
Equity Ratio	0,18	0,14	0,11
Gross Profit Margin	94,98 %	92,73 %	86,96 %