HITRA BORETTSLAG

7240 HITRA

Finances

Share Ownership

Return on Equity

11,8 %

Current Ratio

3,84

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 786 000	3 577 000	3 339 000	3 300 000
Net Income	1 392 000	1 007 000	1 082 000	999 000
Total Assets	32 802 000	32 550 000	32 785 000	32 822 000
Total Equity	11 793 000	10 401 000	9 393 000	8 311 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 786 000	3 577 000	3 339 000	3 300 000
Expenditure	2 005 000	2 144 000	1 800 000	1 811 000
Operating Profit	1 782 000	1 433 000	1 538 000	1 490 000
Financial Income	17 000	17 000	18 000	18 000
Financial Costs	407 000	443 000	474 000	509 000
Financial Balance	−390 000	−426 000	−456 000	−491 000
Earnings Before Tax	1 392 000	1 007 000	1 082 000	999 000
Tax	0	0	0	0
Net Income	1 392 000	1 007 000	1 082 000	999 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 063 000	32 063 000	32 063 000	32 063 000
Total Current Assets	738 000	487 000	722 000	758 000
Total Assets	32 802 000	32 550 000	32 785 000	32 822 000
Total Retained Equity	11 789 000	10 397 000	9 390 000	8 308 000
Total Equity	11 793 000	10 401 000	9 393 000	8 311 000
Total Long-Term Debt	20 818 000	21 925 000	23 178 000	24 299 000
Total Current Debt	192 000	224 000	214 000	212 000
Total Equity and Debt	32 802 000	32 550 000	32 785 000	32 822 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 283 000	3 262 000	3 148 000	3 110 000
Other Income	504 000	316 000	191 000	190 000
Revenue	3 786 000	3 577 000	3 339 000	3 300 000
Cost of Goods Sold	0	0	0	0
Salary Costs	252 000	270 000	188 000	172 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 005 000	2 144 000	1 800 000	1 811 000
Operating Profit	1 782 000	1 433 000	1 538 000	1 490 000
Financial Income	17 000	17 000	18 000	18 000
Financial Costs	407 000	443 000	474 000	509 000
Financial Balance	−390 000	−426 000	−456 000	−491 000
Dividends	0	0	0	0
Net Income	1 392 000	1 007 000	1 082 000	999 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	32 063 000	32 063 000	32 063 000	32 063 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	32 063 000	32 063 000	32 063 000	32 063 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 063 000	32 063 000	32 063 000	32 063 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	612 000	348 000	653 000	706 000
Total Current Assets	738 000	487 000	722 000	758 000
Total Assets	32 802 000	32 550 000	32 785 000	32 822 000
Total Equity	11 793 000	10 401 000	9 393 000	8 311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 818 000	21 925 000	23 178 000	24 299 000
Creditors	70 000	108 000	107 000	82 000
Unpaid Taxes	24 000	27 000	13 000	16 000
Dividends	0	0	0	0
Other Current Debt	98 000	89 000	94 000	114 000
Total Current Debt	192 000	224 000	214 000	212 000
Total Equity and Debt	32 802 000	32 550 000	32 785 000	32 822 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,8 %	9,68 %	11,52 %	12,02 %
Debt-to-Equity Ratio	1,77	2,11	2,47	2,92
Operating Profit Margin	47,07 %	40,06 %	46,06 %	45,15 %
Current Ratio	3,84	2,17	3,37	3,58
Quick Ratio	3,84	2,17	3,37	3,58
Equity Ratio	0,36	0,32	0,29	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %