HARDANGERVEGEN 871 AS

5267 ESPELAND

Finances

Share Ownership

Return on Equity

11,39 %

Current Ratio

2,15

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 287 000	1 904 000	1 369 000	1 282 000
Net Income	701 000	603 000	366 000	273 000
Total Assets	9 102 000	9 203 000	9 141 000	9 112 000
Total Equity	6 156 000	5 455 000	4 852 000	4 487 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 287 000	1 904 000	1 369 000	1 282 000
Expenditure	1 275 000	1 041 000	772 000	784 000
Operating Profit	1 011 000	863 000	597 000	498 000
Financial Income	7 000	1 000	2 000	11 000
Financial Costs	102 000	91 000	130 000	160 000
Financial Balance	−95 000	−90 000	−128 000	−149 000
Earnings Before Tax	916 000	772 000	469 000	349 000
Tax	215 000	170 000	103 000	77 000
Net Income	701 000	603 000	366 000	273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 301 000	8 525 000	8 749 000	8 604 000
Total Current Assets	801 000	678 000	392 000	508 000
Total Assets	9 102 000	9 203 000	9 141 000	9 112 000
Total Retained Equity	6 056 000	5 355 000	4 752 000	4 387 000
Total Equity	6 156 000	5 455 000	4 852 000	4 487 000
Total Long-Term Debt	2 573 000	3 341 000	3 728 000	4 424 000
Total Current Debt	373 000	406 000	560 000	201 000
Total Equity and Debt	9 102 000	9 203 000	9 141 000	9 112 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 851 000	0	0	0
Other Income	436 000	1 904 000	1 369 000	1 282 000
Revenue	2 287 000	1 904 000	1 369 000	1 282 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	224 000	224 000	217 000	217 000
Impairment	0	0	0	0
Expenditure	1 275 000	1 041 000	772 000	784 000
Operating Profit	1 011 000	863 000	597 000	498 000
Financial Income	7 000	1 000	2 000	11 000
Financial Costs	102 000	91 000	130 000	160 000
Financial Balance	−95 000	−90 000	−128 000	−149 000
Dividends	0	0	0	0
Net Income	701 000	603 000	366 000	273 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 301 000	8 525 000	8 749 000	8 604 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 301 000	8 525 000	8 749 000	8 604 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 301 000	8 525 000	8 749 000	8 604 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	537 000	379 000	222 000	447 000
Total Current Assets	801 000	678 000	392 000	508 000
Total Assets	9 102 000	9 203 000	9 141 000	9 112 000
Total Equity	6 156 000	5 455 000	4 852 000	4 487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 573 000	3 341 000	3 728 000	4 424 000
Creditors	109 000	190 000	43 000	7 000
Unpaid Taxes	19 000	14 000	7 000	43 000
Dividends	0	0	0	0
Other Current Debt	16 000	16 000	378 000	38 000
Total Current Debt	373 000	406 000	560 000	201 000
Total Equity and Debt	9 102 000	9 203 000	9 141 000	9 112 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,39 %	11,05 %	7,54 %	6,08 %
Debt-to-Equity Ratio	0,42	0,61	0,77	0,99
Operating Profit Margin	44,21 %	45,33 %	43,61 %	38,85 %
Current Ratio	2,15	1,67	0,7	2,53
Quick Ratio	2,15	1,67	0,7	2,53
Equity Ratio	0,68	0,59	0,53	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %