HARDANGERRÅDET IKS

5780 KINSARVIK

Finances

Share Ownership

Return on Equity

−16,48 %

Current Ratio

2,12

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 566 000	3 554 000	3 055 000	3 759 000
Net Income	−392 000	−271 000	4 000	131 000
Total Assets	7 387 000	7 073 000	6 724 000	8 812 000
Total Equity	2 379 000	2 771 000	3 050 000	3 046 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 566 000	3 554 000	3 055 000	3 759 000
Expenditure	3 969 000	3 831 000	3 064 000	3 648 000
Operating Profit	−403 000	−278 000	−8 000	111 000
Financial Income	12 000	6 000	12 000	20 000
Financial Costs	0	0	0	0
Financial Balance	12 000	6 000	12 000	20 000
Earnings Before Tax	−392 000	−271 000	4 000	131 000
Tax	0	0	0	0
Net Income	−392 000	−271 000	4 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	323 000	350 000	581 000	239 000
Total Current Assets	7 064 000	6 723 000	6 143 000	8 573 000
Total Assets	7 387 000	7 073 000	6 724 000	8 812 000
Total Retained Equity	2 287 000	2 679 000	2 950 000	2 946 000
Total Equity	2 379 000	2 771 000	3 050 000	3 046 000
Total Long-Term Debt	1 683 000	2 226 000	353 000	2 037 000
Total Current Debt	3 325 000	2 076 000	3 321 000	3 729 000
Total Equity and Debt	7 387 000	7 073 000	6 724 000	8 812 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 000	44 000	25 000	17 000
Other Income	3 536 000	3 509 000	3 031 000	3 742 000
Revenue	3 566 000	3 554 000	3 055 000	3 759 000
Cost of Goods Sold	107 000	225 000	69 000	91 000
Salary Costs	2 251 000	2 411 000	2 222 000	2 125 000
Depreciation	8 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	3 969 000	3 831 000	3 064 000	3 648 000
Operating Profit	−403 000	−278 000	−8 000	111 000
Financial Income	12 000	6 000	12 000	20 000
Financial Costs	0	0	0	0
Financial Balance	12 000	6 000	12 000	20 000
Dividends	0	0	0	0
Net Income	−392 000	−271 000	4 000	131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	23 000	31 000	39 000
Total Tangible Assets	15 000	23 000	31 000	39 000
Total Fiancial Fixed Assets	308 000	327 000	550 000	200 000
Total Fixed Assets	323 000	350 000	581 000	239 000
Stock	85 000	78 000	56 000	49 000
Total Investments	0	0	0	0
Cash, Bank	4 047 000	4 744 000	5 409 000	4 904 000
Total Current Assets	7 064 000	6 723 000	6 143 000	8 573 000
Total Assets	7 387 000	7 073 000	6 724 000	8 812 000
Total Equity	2 379 000	2 771 000	3 050 000	3 046 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 683 000	2 226 000	353 000	2 037 000
Creditors	204 000	88 000	71 000	94 000
Unpaid Taxes	187 000	169 000	189 000	134 000
Dividends	0	0	0	0
Other Current Debt	2 934 000	1 819 000	3 061 000	3 500 000
Total Current Debt	3 325 000	2 076 000	3 321 000	3 729 000
Total Equity and Debt	7 387 000	7 073 000	6 724 000	8 812 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,48 %	−9,78 %	0,13 %	4,3 %
Debt-to-Equity Ratio	0,71	0,8	0,12	0,67
Operating Profit Margin	−11,3 %	−7,82 %	−0,26 %	2,95 %
Current Ratio	2,12	3,24	1,85	2,3
Quick Ratio	2,18	3,36	1,88	2,33
Equity Ratio	0,32	0,39	0,45	0,35
Gross Profit Margin	97 %	93,67 %	97,74 %	97,58 %