HØIENDAL III BORETTSLAG

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−47,06 %

Current Ratio

6,69

Debt-to-Equity Ratio

−11,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 937 000	1 780 000	1 590 000	1 460 000
Net Income	304 000	305 000	199 000	200 000
Total Assets	6 873 000	6 458 000	6 501 000	6 449 000
Total Equity	−646 000	−950 000	−1 255 000	−1 453 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 937 000	1 780 000	1 590 000	1 460 000
Expenditure	1 434 000	1 337 000	1 220 000	1 055 000
Operating Profit	502 000	443 000	371 000	405 000
Financial Income	13 000	11 000	10 000	10 000
Financial Costs	211 000	149 000	182 000	214 000
Financial Balance	−198 000	−138 000	−172 000	−204 000
Earnings Before Tax	304 000	305 000	199 000	200 000
Tax	0	0	0	0
Net Income	304 000	305 000	199 000	200 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 118 000	6 109 000	6 135 000	6 161 000
Total Current Assets	756 000	348 000	366 000	288 000
Total Assets	6 873 000	6 458 000	6 501 000	6 449 000
Total Retained Equity	−649 000	−953 000	−1 258 000	−1 457 000
Total Equity	−646 000	−950 000	−1 255 000	−1 453 000
Total Long-Term Debt	7 406 000	7 308 000	7 649 000	7 664 000
Total Current Debt	113 000	99 000	107 000	238 000
Total Equity and Debt	6 873 000	6 458 000	6 501 000	6 449 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 937 000	1 780 000	1 590 000	1 460 000
Revenue	1 937 000	1 780 000	1 590 000	1 460 000
Cost of Goods Sold	0	0	0	0
Salary Costs	68 000	80 000	65 000	40 000
Depreciation	26 000	26 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	1 434 000	1 337 000	1 220 000	1 055 000
Operating Profit	502 000	443 000	371 000	405 000
Financial Income	13 000	11 000	10 000	10 000
Financial Costs	211 000	149 000	182 000	214 000
Financial Balance	−198 000	−138 000	−172 000	−204 000
Dividends	0	0	0	0
Net Income	304 000	305 000	199 000	200 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 104 000	5 104 000	5 104 000	5 104 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	979 000	1 005 000	1 031 000	1 057 000
Total Tangible Assets	6 083 000	6 109 000	6 135 000	6 161 000
Total Fiancial Fixed Assets	34 000	0	0	0
Total Fixed Assets	6 118 000	6 109 000	6 135 000	6 161 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	742 000	348 000	300 000	139 000
Total Current Assets	756 000	348 000	366 000	288 000
Total Assets	6 873 000	6 458 000	6 501 000	6 449 000
Total Equity	−646 000	−950 000	−1 255 000	−1 453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 406 000	7 308 000	7 649 000	7 664 000
Creditors	18 000	2 000	13 000	144 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	3 000	0	0
Total Current Debt	113 000	99 000	107 000	238 000
Total Equity and Debt	6 873 000	6 458 000	6 501 000	6 449 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−47,06 %	−32,11 %	−15,86 %	−13,76 %
Debt-to-Equity Ratio	−11,46	−7,69	−6,09	−5,27
Operating Profit Margin	25,92 %	24,89 %	23,33 %	27,74 %
Current Ratio	6,69	3,52	3,42	1,21
Quick Ratio	6,69	3,52	3,42	1,21
Equity Ratio	−0,09	−0,15	−0,19	−0,23
Gross Profit Margin	100 %	100 %	100 %	100 %