HOLBERG FONDSFORVALTNING AS

5008 BERGEN

Finances

Share Ownership

Return on Equity

143,69 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	207 495 000	220 779 000	174 784 000	164 398 000
Net Income	28 737 000	34 700 000	24 100 000	20 664 000
Total Assets	122 562 000	133 284 000	104 048 000	91 128 000
Total Equity	20 000 000	20 000 000	20 000 000	20 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	207 495 000	220 779 000	174 784 000	164 398 000
Expenditure	169 978 000	174 644 000	143 111 000	137 492 000
Operating Profit	37 517 000	46 135 000	31 673 000	26 906 000
Financial Income	1 275 000	248 000	630 000	904 000
Financial Costs	35 000	0	72 000	42 000
Financial Balance	1 240 000	248 000	558 000	862 000
Earnings Before Tax	38 757 000	46 383 000	32 231 000	27 768 000
Tax	10 020 000	11 683 000	8 131 000	7 104 000
Net Income	28 737 000	34 700 000	24 100 000	20 664 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 002 000	8 302 000	8 567 000	7 326 000
Total Current Assets	113 560 000	124 982 000	95 481 000	83 802 000
Total Assets	122 562 000	133 284 000	104 048 000	91 128 000
Total Retained Equity	0	0	0	0
Total Equity	20 000 000	20 000 000	20 000 000	20 000 000
Total Long-Term Debt	13 861 000	14 314 000	11 253 000	8 631 000
Total Current Debt	88 700 000	98 970 000	72 795 000	62 496 000
Total Equity and Debt	122 561 000	133 284 000	104 048 000	91 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	207 495 000	220 779 000	174 784 000	164 398 000
Other Income	0	0	0	0
Revenue	207 495 000	220 779 000	174 784 000	164 398 000
Cost of Goods Sold	0	0	0	0
Salary Costs	58 068 000	59 344 000	51 066 000	49 996 000
Depreciation	1 139 000	1 204 000	1 115 000	907 000
Impairment	0	0	0	0
Expenditure	169 978 000	174 644 000	143 111 000	137 492 000
Operating Profit	37 517 000	46 135 000	31 673 000	26 906 000
Financial Income	1 275 000	248 000	630 000	904 000
Financial Costs	35 000	0	72 000	42 000
Financial Balance	1 240 000	248 000	558 000	862 000
Dividends	28 736 000	34 700 000	24 100 000	20 664 000
Net Income	28 737 000	34 700 000	24 100 000	20 664 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	482 000	818 000	1 171 000	1 428 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	1 259 000	1 533 000	1 767 000
Total Tangible Assets	1 261 000	1 259 000	1 533 000	1 767 000
Total Fiancial Fixed Assets	7 259 000	6 225 000	5 863 000	4 131 000
Total Fixed Assets	9 002 000	8 302 000	8 567 000	7 326 000
Stock	0	0	0	0
Total Investments	68 807 000	64 453 000	63 847 000	49 040 000
Cash, Bank	23 953 000	40 512 000	12 798 000	17 571 000
Total Current Assets	113 560 000	124 982 000	95 481 000	83 802 000
Total Assets	122 562 000	133 284 000	104 048 000	91 128 000
Total Equity	20 000 000	20 000 000	20 000 000	20 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 861 000	14 314 000	11 253 000	8 631 000
Creditors	22 866 000	24 282 000	19 567 000	17 039 000
Unpaid Taxes	5 001 000	3 113 000	2 960 000	2 845 000
Dividends	28 736 000	34 700 000	24 100 000	20 664 000
Other Current Debt	22 056 000	25 147 000	17 971 000	14 903 000
Total Current Debt	88 700 000	98 970 000	72 795 000	62 496 000
Total Equity and Debt	122 561 000	133 284 000	104 048 000	91 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	143,69 %	173,5 %	120,5 %	103,32 %
Debt-to-Equity Ratio	0,69	0,72	0,56	0,43
Operating Profit Margin	18,08 %	20,9 %	18,12 %	16,37 %
Current Ratio	1,28	1,26	1,31	1,34
Quick Ratio	1,28	1,26	1,31	1,34
Equity Ratio	0,16	0,15	0,19	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %