AL HØGEBAKKANE BORETTSLAG

6800 FØRDE

Finances

Share Ownership

Return on Equity

4,36 %

Current Ratio

6,97

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 776 000	1 776 000	1 776 000	1 776 000
Net Income	441 000	225 000	260 000	−575 000
Total Assets	16 888 000	16 361 000	16 368 000	16 495 000
Total Equity	10 112 000	9 671 000	9 446 000	9 186 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 776 000	1 776 000	1 776 000	1 776 000
Expenditure	1 356 000	1 550 000	1 506 000	2 345 000
Operating Profit	420 000	227 000	269 000	−569 000
Financial Income	21 000	2 000	5 000	22 000
Financial Costs	0	3 000	14 000	29 000
Financial Balance	21 000	−1 000	−9 000	−7 000
Earnings Before Tax	441 000	226 000	269 000	−569 000
Tax	0	0	0	0
Net Income	441 000	225 000	260 000	−575 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 521 000	15 521 000	15 521 000	15 521 000
Total Current Assets	1 367 000	840 000	848 000	974 000
Total Assets	16 888 000	16 361 000	16 368 000	16 495 000
Total Retained Equity	10 108 000	9 668 000	9 442 000	9 182 000
Total Equity	10 112 000	9 671 000	9 446 000	9 186 000
Total Long-Term Debt	6 580 000	6 580 000	6 792 000	7 216 000
Total Current Debt	196 000	109 000	131 000	94 000
Total Equity and Debt	16 888 000	16 361 000	16 368 000	16 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 776 000	1 776 000	0	0
Other Income	0	0	1 776 000	1 776 000
Revenue	1 776 000	1 776 000	1 776 000	1 776 000
Cost of Goods Sold	0	0	0	0
Salary Costs	77 000	69 000	66 000	88 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 356 000	1 550 000	1 506 000	2 345 000
Operating Profit	420 000	227 000	269 000	−569 000
Financial Income	21 000	2 000	5 000	22 000
Financial Costs	0	3 000	14 000	29 000
Financial Balance	21 000	−1 000	−9 000	−7 000
Dividends	0	0	0	0
Net Income	441 000	225 000	260 000	−575 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 521 000	15 521 000	15 521 000	15 521 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 521 000	15 521 000	15 521 000	15 521 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 521 000	15 521 000	15 521 000	15 521 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 220 000	722 000	842 000	845 000
Total Current Assets	1 367 000	840 000	848 000	974 000
Total Assets	16 888 000	16 361 000	16 368 000	16 495 000
Total Equity	10 112 000	9 671 000	9 446 000	9 186 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 580 000	6 580 000	6 792 000	7 216 000
Creditors	96 000	22 000	46 000	1 000
Unpaid Taxes	7 000	7 000	7 000	9 000
Dividends	0	0	0	0
Other Current Debt	94 000	81 000	78 000	84 000
Total Current Debt	196 000	109 000	131 000	94 000
Total Equity and Debt	16 888 000	16 361 000	16 368 000	16 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,36 %	2,33 %	2,75 %	−6,26 %
Debt-to-Equity Ratio	0,65	0,68	0,72	0,79
Operating Profit Margin	23,65 %	12,78 %	15,15 %	−32,04 %
Current Ratio	6,97	7,71	6,47	10,36
Quick Ratio	6,97	7,71	6,47	10,36
Equity Ratio	0,6	0,59	0,58	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %