HERREBAKKEN BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

−1,3 %

Current Ratio

9,88

Debt-to-Equity Ratio

1,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	929 000	929 000	929 000	891 000
Net Income	−56 000	393 000	373 000	420 000
Total Assets	11 515 000	11 618 000	11 231 000	10 839 000
Total Equity	4 292 000	4 347 000	3 955 000	3 582 000

Income (NOK)	2022	2021	2020	2019
Revenue	929 000	929 000	929 000	891 000
Expenditure	895 000	476 000	482 000	382 000
Operating Profit	34 000	453 000	447 000	509 000
Financial Income	6 000	2 000	6 000	7 000
Financial Costs	96 000	63 000	81 000	96 000
Financial Balance	−90 000	−61 000	−75 000	−89 000
Earnings Before Tax	−56 000	393 000	373 000	420 000
Tax	0	0	0	0
Net Income	−56 000	393 000	373 000	420 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 349 000	10 268 000	10 195 000	10 122 000
Total Current Assets	1 166 000	1 350 000	1 036 000	717 000
Total Assets	11 515 000	11 618 000	11 231 000	10 839 000
Total Retained Equity	4 290 000	4 346 000	3 953 000	3 581 000
Total Equity	4 292 000	4 347 000	3 955 000	3 582 000
Total Long-Term Debt	7 105 000	7 165 000	7 181 000	7 181 000
Total Current Debt	118 000	105 000	94 000	75 000
Total Equity and Debt	11 515 000	11 618 000	11 231 000	10 839 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	929 000	929 000	929 000	891 000
Revenue	929 000	929 000	929 000	891 000
Cost of Goods Sold	0	0	0	0
Salary Costs	47 000	61 000	33 000	39 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	895 000	476 000	482 000	382 000
Operating Profit	34 000	453 000	447 000	509 000
Financial Income	6 000	2 000	6 000	7 000
Financial Costs	96 000	63 000	81 000	96 000
Financial Balance	−90 000	−61 000	−75 000	−89 000
Dividends	0	0	0	0
Net Income	−56 000	393 000	373 000	420 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 983 000	9 983 000	9 983 000	9 983 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 983 000	9 983 000	9 983 000	9 983 000
Total Fiancial Fixed Assets	366 000	284 000	212 000	139 000
Total Fixed Assets	10 349 000	10 268 000	10 195 000	10 122 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 060 000	1 250 000	942 000	649 000
Total Current Assets	1 166 000	1 350 000	1 036 000	717 000
Total Assets	11 515 000	11 618 000	11 231 000	10 839 000
Total Equity	4 292 000	4 347 000	3 955 000	3 582 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 105 000	7 165 000	7 181 000	7 181 000
Creditors	106 000	100 000	95 000	75 000
Unpaid Taxes	10 000	4 000	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	0	−1 000	1 000
Total Current Debt	118 000	105 000	94 000	75 000
Total Equity and Debt	11 515 000	11 618 000	11 231 000	10 839 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,3 %	9,04 %	9,43 %	11,73 %
Debt-to-Equity Ratio	1,66	1,65	1,82	2
Operating Profit Margin	3,66 %	48,76 %	48,12 %	57,13 %
Current Ratio	9,88	12,86	11,02	9,56
Quick Ratio	9,88	12,86	11,02	9,56
Equity Ratio	0,37	0,37	0,35	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %