HVALSTRAND MARINA AS

1684 VESTERØY

Finances

Share Ownership

Return on Equity

53,85 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 860 000	1 555 000	1 523 000	1 501 000
Net Income	714 000	307 000	−9 000	239 000
Total Assets	1 833 000	1 531 000	1 958 000	2 327 000
Total Equity	1 326 000	1 324 000	1 398 000	1 807 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 860 000	1 555 000	1 523 000	1 501 000
Expenditure	945 000	1 141 000	1 501 000	1 160 000
Operating Profit	915 000	414 000	21 000	341 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	0	−1 000	0
Earnings Before Tax	915 000	414 000	21 000	341 000
Tax	201 000	108 000	30 000	102 000
Net Income	714 000	307 000	−9 000	239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 320 000	1 307 000	1 458 000	1 651 000
Total Current Assets	513 000	223 000	500 000	676 000
Total Assets	1 833 000	1 531 000	1 958 000	2 327 000
Total Retained Equity	1 206 000	1 204 000	1 278 000	1 687 000
Total Equity	1 326 000	1 324 000	1 398 000	1 807 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	507 000	207 000	560 000	520 000
Total Equity and Debt	1 833 000	1 531 000	1 958 000	2 327 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 860 000	1 555 000	1 523 000	1 501 000
Revenue	1 860 000	1 555 000	1 523 000	1 501 000
Cost of Goods Sold	16 000	0	0	0
Salary Costs	82 000	664 000	1 036 000	756 000
Depreciation	74 000	151 000	192 000	215 000
Impairment	0	0	0	0
Expenditure	945 000	1 141 000	1 501 000	1 160 000
Operating Profit	915 000	414 000	21 000	341 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	0	−1 000	0
Dividends	0	0	400 000	300 000
Net Income	714 000	307 000	−9 000	239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	238 000	238 000	238 000	238 000
Real Eastate	1 081 000	1 069 000	1 220 000	1 411 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	2 000
Total Tangible Assets	1 081 000	1 069 000	1 220 000	1 412 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 320 000	1 307 000	1 458 000	1 651 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	513 000	157 000	466 000	655 000
Total Current Assets	513 000	223 000	500 000	676 000
Total Assets	1 833 000	1 531 000	1 958 000	2 327 000
Total Equity	1 326 000	1 324 000	1 398 000	1 807 000
Short-Term Group Debt	471 000	159 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	0	0
Unpaid Taxes	20 000	38 000	16 000	35 000
Dividends	0	0	400 000	300 000
Other Current Debt	15 000	9 000	114 000	83 000
Total Current Debt	507 000	207 000	560 000	520 000
Total Equity and Debt	1 833 000	1 531 000	1 958 000	2 327 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,85 %	23,19 %	−0,64 %	13,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	49,19 %	26,62 %	1,38 %	22,72 %
Current Ratio	1,01	1,08	0,89	1,3
Quick Ratio	1,01	1,08	0,89	1,3
Equity Ratio	0,72	0,86	0,71	0,78
Gross Profit Margin	99,14 %	100 %	100 %	100 %