HERØYAÅSEN BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

−51,36 %

Current Ratio

4,56

Debt-to-Equity Ratio

−7,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 108 000	2 963 000	2 918 000	2 798 000
Net Income	1 135 000	1 028 000	966 000	479 000
Total Assets	14 137 000	13 773 000	13 187 000	12 800 000
Total Equity	−2 210 000	−3 345 000	−4 372 000	−5 338 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 108 000	2 963 000	2 918 000	2 798 000
Expenditure	1 562 000	1 636 000	1 583 000	1 868 000
Operating Profit	1 546 000	1 327 000	1 335 000	930 000
Financial Income	15 000	3 000	5 000	8 000
Financial Costs	426 000	302 000	374 000	459 000
Financial Balance	−411 000	−299 000	−369 000	−451 000
Earnings Before Tax	1 135 000	1 028 000	966 000	479 000
Tax	0	0	0	0
Net Income	1 135 000	1 028 000	966 000	479 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 602 000	11 369 000	11 197 000	11 025 000
Total Current Assets	2 535 000	2 404 000	1 990 000	1 775 000
Total Assets	14 137 000	13 773 000	13 187 000	12 800 000
Total Retained Equity	−2 214 000	−3 349 000	−4 377 000	−5 343 000
Total Equity	−2 210 000	−3 345 000	−4 372 000	−5 338 000
Total Long-Term Debt	15 790 000	16 412 000	17 064 000	17 692 000
Total Current Debt	556 000	706 000	495 000	446 000
Total Equity and Debt	14 137 000	13 773 000	13 187 000	12 800 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 108 000	2 963 000	2 918 000	2 798 000
Revenue	3 108 000	2 963 000	2 918 000	2 798 000
Cost of Goods Sold	0	0	0	0
Salary Costs	112 000	113 000	108 000	112 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 562 000	1 636 000	1 583 000	1 868 000
Operating Profit	1 546 000	1 327 000	1 335 000	930 000
Financial Income	15 000	3 000	5 000	8 000
Financial Costs	426 000	302 000	374 000	459 000
Financial Balance	−411 000	−299 000	−369 000	−451 000
Dividends	0	0	0	0
Net Income	1 135 000	1 028 000	966 000	479 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 061 000	10 065 000	10 069 000	10 073 000
Machinery and Plant Facilities	36 000	54 000	72 000	90 000
Fixtures	0	0	0	0
Total Tangible Assets	10 097 000	10 119 000	10 141 000	10 164 000
Total Fiancial Fixed Assets	1 505 000	1 250 000	1 056 000	861 000
Total Fixed Assets	11 602 000	11 369 000	11 197 000	11 025 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 248 000	2 136 000	1 718 000	1 545 000
Total Current Assets	2 535 000	2 404 000	1 990 000	1 775 000
Total Assets	14 137 000	13 773 000	13 187 000	12 800 000
Total Equity	−2 210 000	−3 345 000	−4 372 000	−5 338 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 790 000	16 412 000	17 064 000	17 692 000
Creditors	209 000	380 000	183 000	161 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	347 000	326 000	312 000	284 000
Total Current Debt	556 000	706 000	495 000	446 000
Total Equity and Debt	14 137 000	13 773 000	13 187 000	12 800 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,36 %	−30,73 %	−22,1 %	−8,97 %
Debt-to-Equity Ratio	−7,14	−4,91	−3,9	−3,31
Operating Profit Margin	49,74 %	44,79 %	45,75 %	33,24 %
Current Ratio	4,56	3,41	4,02	3,98
Quick Ratio	4,56	3,41	4,02	3,98
Equity Ratio	−0,16	−0,24	−0,33	−0,42
Gross Profit Margin	100 %	100 %	100 %	100 %