HUSBAKKEN BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

−17,97 %

Current Ratio

4,75

Debt-to-Equity Ratio

−3,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	581 000	581 000	545 000	545 000
Net Income	122 000	161 000	127 000	135 000
Total Assets	1 900 000	1 905 000	1 843 000	1 810 000
Total Equity	−679 000	−801 000	−962 000	−1 089 000

Income (NOK)	2022	2021	2020	2019
Revenue	581 000	581 000	545 000	545 000
Expenditure	401 000	377 000	364 000	326 000
Operating Profit	180 000	199 000	176 000	210 000
Financial Income	3 000	0	1 000	2 000
Financial Costs	61 000	38 000	50 000	77 000
Financial Balance	−58 000	−38 000	−49 000	−75 000
Earnings Before Tax	122 000	166 000	132 000	144 000
Tax	0	0	0	0
Net Income	122 000	161 000	127 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 628 000	1 628 000	1 628 000	1 628 000
Total Current Assets	271 000	276 000	215 000	181 000
Total Assets	1 900 000	1 905 000	1 843 000	1 810 000
Total Retained Equity	−679 000	−801 000	−962 000	−1 089 000
Total Equity	−679 000	−801 000	−962 000	−1 089 000
Total Long-Term Debt	2 523 000	2 631 000	2 745 000	2 850 000
Total Current Debt	57 000	75 000	61 000	49 000
Total Equity and Debt	1 900 000	1 905 000	1 843 000	1 810 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	581 000	581 000	545 000	545 000
Revenue	581 000	581 000	545 000	545 000
Cost of Goods Sold	0	0	0	0
Salary Costs	45 000	40 000	39 000	37 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	401 000	377 000	364 000	326 000
Operating Profit	180 000	199 000	176 000	210 000
Financial Income	3 000	0	1 000	2 000
Financial Costs	61 000	38 000	50 000	77 000
Financial Balance	−58 000	−38 000	−49 000	−75 000
Dividends	0	0	0	0
Net Income	122 000	161 000	127 000	135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 616 000	1 616 000	1 616 000	1 616 000
Machinery and Plant Facilities	12 000	12 000	12 000	12 000
Fixtures	0	0	0	0
Total Tangible Assets	1 628 000	1 628 000	1 628 000	1 628 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 628 000	1 628 000	1 628 000	1 628 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	237 000	215 000	159 000	132 000
Total Current Assets	271 000	276 000	215 000	181 000
Total Assets	1 900 000	1 905 000	1 843 000	1 810 000
Total Equity	−679 000	−801 000	−962 000	−1 089 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 523 000	2 631 000	2 745 000	2 850 000
Creditors	57 000	70 000	58 000	49 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	5 000	3 000	0
Total Current Debt	57 000	75 000	61 000	49 000
Total Equity and Debt	1 900 000	1 905 000	1 843 000	1 810 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,97 %	−20,1 %	−13,2 %	−12,4 %
Debt-to-Equity Ratio	−3,72	−3,28	−2,85	−2,62
Operating Profit Margin	30,98 %	34,25 %	32,29 %	38,53 %
Current Ratio	4,75	3,68	3,52	3,69
Quick Ratio	4,75	3,68	3,52	3,69
Equity Ratio	−0,36	−0,42	−0,52	−0,6
Gross Profit Margin	100 %	100 %	100 %	100 %