HØGEVOLLSVEIEN BORETTSLAG

4017 STAVANGER

Finances

Share Ownership

Return on Equity

17,21 %

Current Ratio

5,07

Debt-to-Equity Ratio

2,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 744 000	2 584 000	2 354 000	2 338 000
Net Income	874 000	659 000	190 000	−326 000
Total Assets	17 765 000	17 365 000	17 196 000	17 653 000
Total Equity	5 077 000	4 203 000	3 544 000	3 354 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 744 000	2 584 000	2 354 000	2 338 000
Expenditure	1 679 000	1 792 000	1 981 000	2 463 000
Operating Profit	1 065 000	792 000	372 000	−125 000
Financial Income	12 000	1 000	3 000	19 000
Financial Costs	202 000	133 000	184 000	220 000
Financial Balance	−190 000	−132 000	−181 000	−201 000
Earnings Before Tax	1 065 000	792 000	372 000	−125 000
Tax	0	0	0	0
Net Income	874 000	659 000	190 000	−326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 182 000	16 236 000	16 289 000	16 342 000
Total Current Assets	1 582 000	1 130 000	907 000	1 311 000
Total Assets	17 765 000	17 365 000	17 196 000	17 653 000
Total Retained Equity	5 072 000	4 197 000	3 539 000	3 348 000
Total Equity	5 077 000	4 203 000	3 544 000	3 354 000
Total Long-Term Debt	12 376 000	12 875 000	13 388 000	13 867 000
Total Current Debt	312 000	288 000	264 000	433 000
Total Equity and Debt	17 765 000	17 365 000	17 196 000	17 653 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 744 000	2 584 000	2 354 000	2 338 000
Revenue	2 744 000	2 584 000	2 354 000	2 338 000
Cost of Goods Sold	0	0	0	0
Salary Costs	157 000	157 000	154 000	162 000
Depreciation	53 000	53 000	53 000	18 000
Impairment	0	0	0	0
Expenditure	1 679 000	1 792 000	1 981 000	2 463 000
Operating Profit	1 065 000	792 000	372 000	−125 000
Financial Income	12 000	1 000	3 000	19 000
Financial Costs	202 000	133 000	184 000	220 000
Financial Balance	−190 000	−132 000	−181 000	−201 000
Dividends	0	0	0	0
Net Income	874 000	659 000	190 000	−326 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 094 000	16 094 000	16 094 000	16 094 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	89 000	142 000	195 000	248 000
Total Tangible Assets	16 182 000	16 236 000	16 289 000	16 342 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 182 000	16 236 000	16 289 000	16 342 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 301 000	872 000	662 000	1 063 000
Total Current Assets	1 582 000	1 130 000	907 000	1 311 000
Total Assets	17 765 000	17 365 000	17 196 000	17 653 000
Total Equity	5 077 000	4 203 000	3 544 000	3 354 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 376 000	12 875 000	13 388 000	13 867 000
Creditors	297 000	273 000	256 000	404 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	15 000	15 000	8 000	28 000
Total Current Debt	312 000	288 000	264 000	433 000
Total Equity and Debt	17 765 000	17 365 000	17 196 000	17 653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,21 %	15,68 %	5,36 %	−9,72 %
Debt-to-Equity Ratio	2,44	3,06	3,78	4,13
Operating Profit Margin	38,81 %	30,65 %	15,8 %	−5,35 %
Current Ratio	5,07	3,92	3,44	3,03
Quick Ratio	5,07	3,92	3,44	3,03
Equity Ratio	0,29	0,24	0,21	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %