HØLAND OG SETSKOG SPAREBANK

1940 BJØRKELANGEN

Finances

Return on Equity

9,79 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	167 071 000	157 655 000	167 038 000	158 893 000
Net Income	82 239 000	57 253 000	53 069 000	56 056 000
Total Assets	7 761 148 000	7 612 468 000	7 264 893 000	6 337 587 000
Total Equity	839 784 000	767 596 000	716 058 000	658 623 000

Income (NOK)	2022	2021	2020	2019
Revenue	167 071 000	157 655 000	167 038 000	158 893 000
Expenditure	89 501 000	81 306 000	75 552 000	71 049 000
Operating Profit	92 371 000	88 186 000	91 486 000	87 844 000
Financial Income	0	0	0	0
Financial Costs	34 386 000	21 211 000	24 629 000	15 910 000
Financial Balance	−34 386 000	−21 211 000	−24 629 000	−15 910 000
Earnings Before Tax	57 985 000	66 975 000	66 857 000	71 934 000
Tax	−11 188 000	−13 997 000	13 788 000	15 878 000
Net Income	82 239 000	57 253 000	53 069 000	56 056 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	392 779 000	314 253 000	229 668 000	211 799 000
Total Current Assets	7 127 656 000	7 291 446 000	7 035 225 000	6 125 788 000
Total Assets	7 761 148 000	7 612 468 000	7 264 893 000	6 337 587 000
Total Retained Equity	695 228 000	623 040 000	571 232 000	513 705 000
Total Equity	839 784 000	767 596 000	716 058 000	658 623 000
Total Long-Term Debt	117 864 000	136 280 000	138 635 000	141 993 000
Total Current Debt	6 782 073 000	6 689 728 000	6 410 200 000	5 536 971 000
Total Equity and Debt	7 761 149 000	7 612 470 000	7 264 893 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	167 071 000	157 655 000	167 038 000	158 893 000
Cost of Goods Sold	0	0	0	0
Salary Costs	40 678 000	38 759 000	33 356 000	33 548 000
Depreciation	5 016 000	5 369 000	2 739 000	1 570 000
Impairment	0	−200 000	0	0
Expenditure	89 501 000	81 306 000	75 552 000	71 049 000
Operating Profit	92 371 000	88 186 000	91 486 000	87 844 000
Financial Income	0	0	0	0
Financial Costs	34 386 000	21 211 000	24 629 000	15 910 000
Financial Balance	−34 386 000	−21 211 000	−24 629 000	−15 910 000
Dividends	0	0	0	0
Net Income	82 239 000	57 253 000	53 069 000	56 056 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	26 261 000	19 600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	2 168 000	2 832 000
Total Tangible Assets	49 260 000	65 458 000	48 735 000	44 766 000
Total Fiancial Fixed Assets	343 519 000	248 795 000	180 933 000	167 033 000
Total Fixed Assets	392 779 000	314 253 000	229 668 000	211 799 000
Stock	0	0	0	0
Total Investments	1 019 910 000	1 035 776 000	1 112 093 000	719 611 000
Cash, Bank	0	0	0	0
Total Current Assets	7 127 656 000	7 291 446 000	7 035 225 000	6 125 788 000
Total Assets	7 761 148 000	7 612 468 000	7 264 893 000	6 337 587 000
Total Equity	839 784 000	767 596 000	716 058 000	658 623 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	117 864 000	136 280 000	138 635 000	141 993 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 801 616 000	6 706 729 000	5 957 291 000	5 471 207 000
Total Current Debt	6 782 073 000	6 689 728 000	6 410 200 000	5 536 971 000
Total Equity and Debt	7 761 149 000	7 612 470 000	7 264 893 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	9,79 %	7,46 %	7,41 %	8,51 %
Debt-to-Equity Ratio	0,14	0,18	0,19	0,22
Operating Profit Margin	55,29 %	55,94 %	54,77 %	55,29 %
Current Ratio	1,05	1,09	1,1	1,11
Quick Ratio	1,05	1,09	1,1	1,11
Equity Ratio	0,11	0,1	0,1	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %