Høiendal II Borettslag

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−1,72 %

Current Ratio

87,11

Debt-to-Equity Ratio

−1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 120 000	1 080 000	1 080 000	1 080 000
Net Income	119 000	298 000	244 000	266 000
Total Assets	3 621 000	3 772 000	3 810 000	3 960 000
Total Equity	−6 900 000	−7 018 000	−7 316 000	−7 560 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 120 000	1 080 000	1 080 000	1 080 000
Expenditure	717 000	591 000	601 000	529 000
Operating Profit	403 000	489 000	479 000	551 000
Financial Income	6 000	2 000	4 000	7 000
Financial Costs	291 000	193 000	239 000	292 000
Financial Balance	−285 000	−191 000	−235 000	−285 000
Earnings Before Tax	119 000	298 000	244 000	266 000
Tax	0	0	0	0
Net Income	119 000	298 000	244 000	266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 837 000	2 815 000	2 815 000	2 815 000
Total Current Assets	784 000	957 000	995 000	1 144 000
Total Assets	3 621 000	3 772 000	3 810 000	3 960 000
Total Retained Equity	−6 902 000	−7 020 000	−7 318 000	−7 562 000
Total Equity	−6 900 000	−7 018 000	−7 316 000	−7 560 000
Total Long-Term Debt	10 511 000	10 791 000	11 126 000	11 438 000
Total Current Debt	9 000	0	0	82 000
Total Equity and Debt	3 621 000	3 772 000	3 810 000	3 960 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 120 000	1 080 000	1 080 000	1 080 000
Revenue	1 120 000	1 080 000	1 080 000	1 080 000
Cost of Goods Sold	0	0	0	0
Salary Costs	35 000	35 000	35 000	35 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	717 000	591 000	601 000	529 000
Operating Profit	403 000	489 000	479 000	551 000
Financial Income	6 000	2 000	4 000	7 000
Financial Costs	291 000	193 000	239 000	292 000
Financial Balance	−285 000	−191 000	−235 000	−285 000
Dividends	0	0	0	0
Net Income	119 000	298 000	244 000	266 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 815 000	2 815 000	2 815 000	2 815 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 815 000	2 815 000	2 815 000	2 815 000
Total Fiancial Fixed Assets	22 000	0	0	0
Total Fixed Assets	2 837 000	2 815 000	2 815 000	2 815 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	775 000	949 000	987 000	1 063 000
Total Current Assets	784 000	957 000	995 000	1 144 000
Total Assets	3 621 000	3 772 000	3 810 000	3 960 000
Total Equity	−6 900 000	−7 018 000	−7 316 000	−7 560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 511 000	10 791 000	11 126 000	11 438 000
Creditors	9 000	0	0	82 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	9 000	0	0	82 000
Total Equity and Debt	3 621 000	3 772 000	3 810 000	3 960 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,72 %	−4,25 %	−3,34 %	−3,52 %
Debt-to-Equity Ratio	−1,52	−1,54	−1,52	−1,51
Operating Profit Margin	35,98 %	45,28 %	44,35 %	51,02 %
Current Ratio	87,11	-	-	13,95
Quick Ratio	87,11	-	-	13,95
Equity Ratio	−1,91	−1,86	−1,92	−1,91
Gross Profit Margin	100 %	100 %	100 %	100 %