HJØRNERUD AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

84,15 %

Current Ratio

16,55

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 412 000	721 000	675 000	560 000
Net Income	4 572 000	−20 000	142 000	42 000
Total Assets	6 836 000	6 718 000	6 964 000	7 021 000
Total Equity	5 433 000	861 000	880 000	738 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 412 000	721 000	675 000	560 000
Expenditure	453 000	554 000	288 000	336 000
Operating Profit	5 960 000	167 000	386 000	225 000
Financial Income	14 000	−1 000	7 000	16 000
Financial Costs	112 000	190 000	211 000	186 000
Financial Balance	−98 000	−191 000	−204 000	−170 000
Earnings Before Tax	5 862 000	−25 000	182 000	54 000
Tax	1 290 000	−5 000	40 000	12 000
Net Income	4 572 000	−20 000	142 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 055 000	5 744 000	5 839 000	5 966 000
Total Current Assets	2 781 000	974 000	1 125 000	1 055 000
Total Assets	6 836 000	6 718 000	6 964 000	7 021 000
Total Retained Equity	5 339 000	767 000	786 000	644 000
Total Equity	5 433 000	861 000	880 000	738 000
Total Long-Term Debt	1 236 000	5 815 000	6 058 000	6 239 000
Total Current Debt	168 000	43 000	26 000	43 000
Total Equity and Debt	6 836 000	6 718 000	6 964 000	7 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	639 000	560 000
Other Income	6 412 000	721 000	36 000	0
Revenue	6 412 000	721 000	675 000	560 000
Cost of Goods Sold	24 000	94 000	20 000	28 000
Salary Costs	0	0	0	0
Depreciation	147 000	139 000	157 000	143 000
Impairment	0	0	0	0
Expenditure	453 000	554 000	288 000	336 000
Operating Profit	5 960 000	167 000	386 000	225 000
Financial Income	14 000	−1 000	7 000	16 000
Financial Costs	112 000	190 000	211 000	186 000
Financial Balance	−98 000	−191 000	−204 000	−170 000
Dividends	0	0	0	0
Net Income	4 572 000	−20 000	142 000	42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 024 000	5 704 000	5 839 000	5 944 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 000	40 000	0	22 000
Total Tangible Assets	4 055 000	5 744 000	5 839 000	5 966 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 055 000	5 744 000	5 839 000	5 966 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 310 000	485 000	691 000	458 000
Total Current Assets	2 781 000	974 000	1 125 000	1 055 000
Total Assets	6 836 000	6 718 000	6 964 000	7 021 000
Total Equity	5 433 000	861 000	880 000	738 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 236 000	5 815 000	6 058 000	6 239 000
Creditors	15 000	42 000	26 000	42 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	1 000	0	1 000
Total Current Debt	168 000	43 000	26 000	43 000
Total Equity and Debt	6 836 000	6 718 000	6 964 000	7 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,15 %	−2,32 %	16,14 %	5,69 %
Debt-to-Equity Ratio	0,23	6,75	6,88	8,45
Operating Profit Margin	92,95 %	23,16 %	57,19 %	40,18 %
Current Ratio	16,55	22,65	43,27	24,53
Quick Ratio	16,55	22,65	43,27	24,53
Equity Ratio	0,79	0,13	0,13	0,11
Gross Profit Margin	99,63 %	86,96 %	97,04 %	95 %