HVALSTAD INVEST AS

1394 NESBRU

Finances

Return on Equity

48,32 %

Current Ratio

2,08

Debt-to-Equity Ratio

5,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 943 000	1 418 000	1 423 000	1 693 000
Net Income	749 000	226 000	138 000	402 000
Total Assets	10 878 000	7 053 000	6 953 000	7 524 000
Total Equity	1 550 000	802 000	726 000	588 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 943 000	1 418 000	1 423 000	1 693 000
Expenditure	1 246 000	953 000	1 075 000	816 000
Operating Profit	697 000	464 000	348 000	877 000
Financial Income	1 000	0	0	0
Financial Costs	150 000	175 000	172 000	363 000
Financial Balance	−149 000	−175 000	−172 000	−363 000
Earnings Before Tax	548 000	290 000	177 000	515 000
Tax	−201 000	64 000	39 000	113 000
Net Income	749 000	226 000	138 000	402 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 033 000	6 137 000	5 986 000	5 958 000
Total Current Assets	1 845 000	916 000	967 000	1 566 000
Total Assets	10 878 000	7 053 000	6 953 000	7 524 000
Total Retained Equity	1 346 000	598 000	522 000	384 000
Total Equity	1 550 000	802 000	726 000	588 000
Total Long-Term Debt	8 438 000	5 297 000	5 337 000	5 674 000
Total Current Debt	889 000	954 000	891 000	1 262 000
Total Equity and Debt	10 878 000	7 053 000	6 953 000	7 524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−1 441 000	1 269 000	1 237 000	1 262 000
Other Income	3 385 000	149 000	186 000	431 000
Revenue	1 943 000	1 418 000	1 423 000	1 693 000
Cost of Goods Sold	16 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	310 000	269 000	251 000	229 000
Impairment	0	0	0	0
Expenditure	1 246 000	953 000	1 075 000	816 000
Operating Profit	697 000	464 000	348 000	877 000
Financial Income	1 000	0	0	0
Financial Costs	150 000	175 000	172 000	363 000
Financial Balance	−149 000	−175 000	−172 000	−363 000
Dividends	0	150 000	0	800 000
Net Income	749 000	226 000	138 000	402 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 033 000	6 137 000	5 986 000	5 958 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 033 000	6 137 000	5 986 000	5 958 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 033 000	6 137 000	5 986 000	5 958 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	707 000	375 000	517 000	1 105 000
Total Current Assets	1 845 000	916 000	967 000	1 566 000
Total Assets	10 878 000	7 053 000	6 953 000	7 524 000
Total Equity	1 550 000	802 000	726 000	588 000
Short-Term Group Debt	0	0	7 000	−99 000
Total Long-Term Debt	8 438 000	5 297 000	5 337 000	5 674 000
Creditors	53 000	0	0	0
Unpaid Taxes	44 000	38 000	26 000	65 000
Dividends	0	150 000	0	800 000
Other Current Debt	792 000	813 000	785 000	419 000
Total Current Debt	889 000	954 000	891 000	1 262 000
Total Equity and Debt	10 878 000	7 053 000	6 953 000	7 524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,32 %	28,18 %	19,01 %	68,37 %
Debt-to-Equity Ratio	5,44	6,6	7,35	9,65
Operating Profit Margin	35,87 %	32,72 %	24,46 %	51,8 %
Current Ratio	2,08	0,96	1,09	1,24
Quick Ratio	2,08	0,96	1,09	1,24
Equity Ratio	0,14	0,11	0,1	0,08
Gross Profit Margin	99,18 %	100 %	100 %	100 %